Global Coffee Capsule Market Drivers, Trends And Restraints For 2022-2031
The Business Research Company’s Coffee Capsule Global Market Report 2022: Market Size, Trends, And Forecast To 2026
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As per The Business Research Company's "Coffee Capsule Global Market Report 2022”, the coffee capsule market is predicted to reach a value of $12.33 billion in 2022 at a compound annual growth rate (CAGR) of 24.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The coffee capsule market is expected to grow to $16.7 billion in 2026 at a CAGR of 7.9%. The growing popularity of instant non-alcoholic beverages such as coffee in restaurants and office cafeterias propel the growth of the coffee capsule industry.
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Key Trends In The Coffee Capsule Market
One of the latest trends for companies in the coffee capsules market is to use bioplastics and bio-degradable materials for making coffee capsules. Companies in the coffee capsules market are investing in finding ways to use bioplastics and biodegradable materials for making capsules instead of using aluminum and plastic to hold the coffee extract. Capsules made from aluminum and plastics are non-biodegradable and harm the environment thus, pushing the companies towards finding new innovative bio-degradable materials such as polypropylene, which can be shredded and recycled to be used to make coffee capsules. Following the trend, in 2019, Woken launched its line of Nespresso-compatible capsules, which are completely bio-degradable. The bio capsules offered by Woken are made from a bioplastic named Terrablend, which contains 62% of raw materials and is trademarked by Woken. Similarly, Lavazza, an Italy-based food and beverage company, launched its 100% compostable coffee pods, named Eco Caps, in 2019. These Eco Caps can be disposed of in the food waste bin and require six months to degrade.
Overview Of The Coffee Capsule Market
The coffee capsules market consists of sales of coffee capsules products and related services used to prepare instant and convenient coffee at restaurants, bars, homes, and offices. A coffee capsule is a small cylindrical-shaped container that contains coffee sealed with aluminum foil. Coffee capsules contain fine ground coffee in a measured amount. Coffee capsules come in different flavors and can be used with or without a coffee machine.
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Coffee Capsule Global Market Report 2022 from TBRC covers the following information:
Market Size Data
Forecast period: Historical and Future
By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Market Segmentation
By Material: Conventional Plastic, Bio plastics, Fabric, Other Materials
By Application: Household, Commercial
By Product: Closed Source System, Open Source System
By Geography: The coffee capsule global market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific holds the largest share in the market.
Major market players such as Nespresso, Keurig, Gloria jean’s Coffees, Nescafe, Nestle, Lavazza A Modo Mio, Starbucks, Bestpresso
Trends, Opportunities, Strategies And So Much More.
Coffee Capsule Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides coffee capsule market forecast and in-depth coffee capsule market research. The global coffee capsule market report analyzes coffee capsule market size, coffee capsule market growth drivers, coffee capsule market segments, coffee capsule global market major players, coffee capsule global market growth across geographies, and coffee capsule global market competitors’ revenues and market positioning. The coffee capsule market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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