Analysis of Capsule Coffee Machine Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~8% During 2024-2036


Posted November 27, 2023 by UtkarshaDeshpande

Research Nester assesses the growth and market size of global capsule coffee machine market which is anticipated to be on account of the growing cafes and restaurants globally.

 
New York – September 26, 2023- Research Nester’s recent market research analysis on “Capsule Coffee Machine Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global capsule coffee machine market in terms of market segmentation by type, application, and by region.

Growing Demand for Different Varieties among Consumers to Promote Global Market Share of Capsule Coffee Machine

Growing consumer awareness of the diversity and specialty beverages is having a significant impact on consumption decisions, especially in the commercial sector, such as cafes and restaurants. As a result of the increased demand for a wider range of blends, it is projected that the use of capsule machines would rise. These capsule machines have seen a recent spike in demand of 50% to 53% on average, accounting for more than half of all online orders. Nespresso and K-Cup are the two most often used coffee capsule brands in online sales in the United States.

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In addition, the growing popularity of fast grabs and workplace breaks, especially among millennials, is propelling this market due to the benefits of increased energy, less stress, and improved mental alertness.

Some of the major growth factors and challenges that are associated with the growth of the global capsule coffee machine market are:

Growth Drivers:
• Growing Consumption of Coffee
• Advancements in Coffee Capsule Machine

Challenges:
Coffee capsules are not recyclable since they contain plastic and aluminium. Aluminium and plastic capsule packaging still end up in the trash despite recycling efforts. A further 300,000,000 aluminium and plastic capsules are used annually in the UK. As a result, the majority of the area is today made up of landfills. This can stop the market from expanding.

Also, other factors such as high-cost associated with the capsule and low production process are some of the other factors that may hamper the market growth of capsule coffee machines.

By application, the global capsule coffee machine market is segmented into commercial and residential. During the projected period, the commercial category is anticipated to hold a share of 53%. As the number of cafes and restaurants has increased in France, Italy, the US, India, and other nations, quick brewing equipment are being employed more frequently to satisfy the demands of busy consumers. Coffee capsule makers are essential to the operation of cafes. Workplace breaks and quick grabs are growing more and more popular because of this beverage's advantages for boosting the mind and reducing stress. In 2020, 18.2 million people in France consumed coffee in capsules, pods, cassettes, or caplets, according to estimates. These capsules are simple to use and offer a beverage with a great flavour and a variety of flavours, which has increased their use in the commercial sector.

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By region, the Europe capsule coffee machine market is to generate the highest revenue by the end of 2036. During the projection period, 36% of the market share is expected to go to Europe. Rising coffee consumption and evolving flavour preferences are driving the market for capsule coffee machines in this region. Germany, the United Kingdom, Switzerland, and Finland are a few of the countries helping to expand this industry. As observed in cafés, independent roasters, and baristas, a growing percentage of customers in Europe are willing to spend high prices for premium and specialized beverages as well as K-Cups. According to a report, Europe drank 3,252 thousand tonnes of coffee in 2021, or 32% of the world's total consumption. Because of this, Europe has the world's largest market for coffee.

This report also provides the existing competitive scenario of some of the key players of the global capsule coffee machine market which includes company profiling of Nestle Nespresso S.A., LG Electronics, Illycaffè S.p.A., Starbucks Corporation, Dunkin' Donuts LLC, Kurasu LLC, Tiger Corporation, Brewmatic Japan, Mitsui-Soko Logistics Co., Ltd., Ueshima Coffee Corporation and others.

Access our detailed report @ https://www.researchnester.com/reports/capsule-coffee-machine-market/2703

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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Issued By Research Nester
Country India
Categories Business , Consumer
Tags capsule coffee machine market , capsule coffee machine market size , capsule coffee machine market segment
Last Updated November 27, 2023