The global coffee capsules market is expected to grow at a CAGR of 7.07% during the forecast period (2017–2030).
In recent years, non-alcoholic beverages have grown in popularity. Non-alcoholic beverages are RTD coffee and tea, bottled water, carbonated soft drinks, and fruit juices. Non-alcoholic beverage consumption is predicted to rise due to growing urbanization, more disposable income, changing lifestyles, and increased health awareness.
Coffee is a popular non-alcoholic beverage praised for its scent and caffeine content. Furthermore, it is the world's second most exported commodity after oil. Coffee consumption is increasing due to its health advantages and the expansion of coffee shops, which is a significant factor in the rising demand for coffee capsules.
There was once a coffee bean, then an instant coffee jar, and now the world has embraced a new fad of coffee capsule machines. Consumers are becoming more interested in these coffee capsules. However, the detrimental impacts of packaging are anticipated to deter demand for coffee capsules.
Coffee capsules are unrecyclable due to their composition of plastic and aluminum. Despite attempts to promote recycling, plastic and aluminum capsule packaging is discarded. The separation of two materials is required for recycling. However, it is not possible in a typical recycling facility. Around 300,000,000 aluminum and plastic capsules are used in the United Kingdom each year. As a result, the majority of the land is in landfills. Coffee capsules are difficult to recycle in ordinary municipal recycling operations due to their intricate packaging.
The increased usage of coffee machines in hotels, restaurants, and businesses will likely drive up demand for coffee capsules. Coffee machines are small electric equipment used to brew coffee. Furthermore, the coffee machine reduces the time and effort necessary to produce coffee in cafés and businesses.
Furthermore, increased travel, changing lifestyles, hectic work schedules, and increased coffee consumption drive up demand for coffee machines in various locations. Finally, rising millennial demand for non-alcoholic beverages will likely boost demand for coffee machines in hotels, restaurants, and businesses.
The coronavirus pandemic is the first and most severe human catastrophe, affecting tens of thousands of individuals globally. Aside from the harsh consequences on people's health and healthcare services, coronavirus impacts companies and the economy. The virus has spread to nearly all coffee exporting and importing countries since the World Health Organization declared the COVID-19 outbreak a worldwide pandemic in mid-March 2020.
The pandemic is likely to influence all stages of the coffee value chain, including on-farm operating activities (coffee planting and harvesting), post-harvest refining, internal and international transportation, and intermediate and ultimate demand.
The global coffee capsule market is divided into open-source and close source systems based on product. The closed source system category captured the most market share in 2021 and is expected to increase by 6.82% CAGR by 2030.
Based on application, the global coffee capsule market is divided into commercial and domestic applications. As more people drink coffee from coffee shops, restaurants, and workplaces, the number of retail establishments such as cafes and bars grows. The growing availability of coffee capsules in cafés and bars raised global demand for high-quality Arabica coffee. These enabled producers to focus on high-quality beans, mitigating the consequences of a recent drop in coffee prices.
The global coffee capsule market is divided into supermarket/hypermarkets, specialty shops, e-commerce, and others based on the distribution channel. Supermarkets/hypermarkets are the primary channels for selling coffee items due to their sizeable retail area catering to various tastes. Supermarkets and hypermarkets provide a plethora of brand and functionality options.
The two most important markets for coffee capsules are North America and Europe. Germany, the United Kingdom, France, Russia, and Spain are the biggest contributors to the overall market income of coffee capsules in the European area. Germany is the top importer of green coffee beans in Europe. The coffee roasting business is massive, allowing the country to service both home and foreign markets. Nestlé's Nespresso dominates the German coffee capsules industry, having a broad product reach across the nation.
North America's coffee capsule market is divided into two major countries: the United States and Canada. Due to the convenience element connected with coffee capsules, the demand for coffee capsules in the region has grown. However, since the capsules market has matured in countries such as the United States and Canada, the growth rate is likely to remain stagnant over the projection period.
The key players in the global coffee capsules market are Nestle Nespresso S.A, Starbucks Corporation, Artizan Coffee Co, Gourmesso Coffee, Dualit Limited, The Kraft Heinze Company, Gloria Jean's Coffee, Dunkin Brands, Inc., Luigi Lavazza Spa, Coins Group, among others.
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