The global coffee capsules market is expected to grow significantly, with a projected value of US$ 243.3 million in 2023, increasing to US$ 396.3 million by 2033.
In the United States, the coffee capsule market is flourishing, capturing a substantial 19.7% market share in 2022. This thriving market is characterized by a rich tapestry of diverse coffee capsule brands and flavors, offering consumers an extensive array of choices, from traditional blends to specialty and flavored capsules. The rise of subscription services has further fueled market growth, providing a convenient and consistent coffee experience through regular capsule deliveries.
A notable trend shaping the market is the premiumization of coffee capsules, reflecting consumers’ willingness to pay a premium for superior taste and overall experience. This trend has prompted the introduction of specialty and premium coffee capsule options, catering to the discerning palate of consumers in the United States. The combination of a large consumer base, a robust coffee culture, and evolving preferences positions the U.S. coffee capsule market as a dynamic and lucrative segment.
Coffee capsules and coffee pods have several advantages and with better profit margins, corporations are investing and promoting through marketing strategies to gain revenue. Coffee capsules are gaining immense traction as they are better than conventional coffee packaging in terms of comfort and quality.
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Key Takeaways
- The plastic segment holds the majority market share in the coffee capsules market, contributing to around 3 out of 5 sales. It is projected to create a significant incremental opportunity of US$ 38.0 billion from 2023 to 2033. Further, there is growing demand for bioplastic coffee capsules due to increasing sustainability concerns.
- In the commercial sector, coffee capsules are witnessing surging demand, with the segment projected to account for 75.4% share in 2022 and expand at a CAGR of 4.6% from 2023 to 2033. The adoption of coffee capsules in offices, cafes, and other establishments is driving this growth.
- In Germany, the consumption of coffee is increasing, leading to an expansion of the coffee capsules market at a CAGR of 4.4%.
- India is considered a notable market for coffee capsules due to its growing coffee production. India’s market is projected to create an incremental opportunity of US$ 33.9 million from 2023 to 2033.
- The United States market for coffee capsules is thriving, with a diverse range of brands, flavors, and subscription services available. Premiumization is a notable trend, with consumers willing to pay for high-quality coffee capsules.
Competitive Landscape
There are many key players operating in the market and aim at following effective strategies. A few big competitors, like Dunkin’ Brands and Starbucks Corporation, currently have a significant part of the global market. However, high product innovation, the launch of limited-edition coffee pods, large distribution networks, and better supply chains have resulted in high market consolidation, with Nestle (Nespresso and Dolce Gusto) and JAB Holdings (Senseo, Tassimo, and Keurig) holding a significant market share.
The Major Key Players-
- Nestle Nespresso
- Lavazza
- Gourmesso
- Gloria Jean’s Coffees
- Bestpresso Coffee
- Dunkin Brands
- Starbucks Corporation
- Kiss Me Organics
- The Kraft Heinz Company
- Keurig
- Nespresso
- Dolce Gusto
Latest Developments
- In September 2022, the Swiss coffee brand “CoffeeB” introduced single-serve coffee, a novel compressed coffee ball made from seaweed rather than an aluminum or plastic capsule.
- Tim Hortons launched four new espresso capsules compatible with Nespresso in August 2022. Classic, bright, bold, and decaf are the four flavors available.
- Starbucks by Nespresso offered a new line of coffee capsules called Nespresso Vertuo in October 2021, giving coffee aficionados in Canada many ways to experience the characteristic café flavor.
- Starbucks and Nestlé announced a collaboration to produce a new coffee capsule product. The coffee capsule combines Nespresso’s premium at-home coffee experience with high-quality coffee.
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Key Segments Covered in the Coffee Capsules Market Report
By Material:
- Plastic
- Bio Plastics
- Others (Fabric, etc.)
By End Use:
- Commercial
- Household
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- The Middle East & Africa (MEA)
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