South Korea is one of the leading markets for ready-to-drink beverages in Southeast Asia. After the patent expiry of the Nespresso machines in 2012, several food and beverage companies in the country have introduced their own machines and capsules at affordable prices. Further, the growing demand for quality coffee and tea capsules in south Africa at homes and workplaces has pushed many Korean brands to launch ‘K-cup’ – coffee and tea capsules – compatible with Nespresso machines. In addition to this, the manufacturers are offering a wide array of tea and coffee capsules including those for expressos, chococcinos, latte macchiatos, Americanos and tea lattes, thereby catalyzing the growth of the market. Apart from this, due to the growing trend of home-cafes and maturing coffee culture, the demand for beverage capsules has increased in the country. Looking forward, the coffee and tea capsules market size in South Korea is projected to reach a value of US$ XX Million and US$ XX Million, expanding at a CAGR of X% and X% during 2019-2024, respectively.

South Korea Coffee and Tea Capsules Market Competitive Structure:

The competitive landscape of the coffee capsule market in South Korea has been examined with some of the major players being Nescafe Dolce Gusto, Nespresso, Keurig Korea Ltd., Caffitaly System, Illycaffè S.p.A, Alois Dallmayr, JARO Co., Ltd, K-Konic Co., Ltd. and KAFFA INT Co., Ltd. On the other hand, some of the key players operating in the tea capsule market in the region include Basilur Tea Export (Pvt) Ltd., Nescafe Dolce Gusto, Dualit Limited, CONF. Co., Ltd. and Bokumjari.

Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/south-korea-coffee-tea-capsules-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
Email: [email protected]
Tel No:(D) +91 120 433 0800 | www.imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331
Linkedin: https://www.linkedin.com/company/imarc-group