Anticipating substantial growth, the global coffee capsules market is poised to reach a projected value of US$ 243.3 million in 2023, expanding further to US$ 396.3 million by 2033. In Germany, the market is set for a steady rise, with a forecasted Compound Annual Growth Rate (CAGR) of 4.4%, reaching an estimated value of US$ 25.2 million by the end of 2033. This growth is fueled by the nation's escalating coffee consumption, maintaining coffee's prominence as Germany's favorite beverage. In the United States, the market holds a significant 19.7% global share in 2022, distinguished by a diverse array of brands and flavors, including traditional blends, specialty, and flavored capsules. The U.S. market also embraces subscription services, ensuring a seamless coffee experience, and a premiumization trend with consumers investing in high-quality coffee capsules for an exceptional taste and overall coffee enjoyment. This shift prompts the introduction of specialty and premium options to meet the evolving preferences of coffee enthusiasts.
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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
- CafePod Coffee Co., an independent coffee company based in London, announced its relaunch in July 2018 with bold and exotic new product lines and multi-channel marketing strategies. The company announced the release of four new coffee stock-keeping units for ground coffee, entire beans, and coffee pods.
- In June 2018, Keurig Dr. Pepper introduced two new all-in-one coffee makers for sale in the United States. The newly released machines use Keurig’s K-Pod coffee pods to make a range of coffee drinks, including lattes, cappuccinos, and others.
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)