Coffee Capsule, 2022 Global Market Report

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The major players in the coffee capsule market are Nespresso, Keurig, Gloria jean’s Coffees, Nescafe, Nestle, Lavazza A Modo Mio, Starbucks, Bestpresso, Kissmeorganics and Gourmesso. The global coffee capsules market is expected to grow from $9.

NEW YORK, July 15, 2022 (GLOBE NEWSWIRE) – Reportlinker.com announces the release of “Coffee Capsule Global Market Report 2022” – https://www.reportlinker.com/p06284500/?utm_source=GNW
$92 billion in 2021 to $12.33 billion in 2022 with a compound annual growth rate (CAGR) of 24.2%. The market is expected to grow to $16.7 billion in 2026 with a compound annual growth rate (CAGR) of 7.9%.

The coffee capsule market consists of sales of coffee capsule products and related services used to prepare instant, convenient coffee in restaurants, bars, homes and offices. A coffee capsule is a small, cylindrical container containing coffee that is sealed with aluminum foil.

Coffee capsules contain fine ground coffee in a measured amount. Coffee capsules come in different flavors and can be used with or without a coffee maker.

The main types of products in coffee capsules are closed source systems and open source systems, and in closed systems, the consumer can only use capsules from one manufacturer in his capsule machine.

The different types of materials include conventional plastics, bioplastics, textiles, and others. Coffee capsules are used in home and commercial settings.

The Asia Pacific region was the largest region in the coffee capsule market in 2021, and Western Europe was the second largest region in the coffee capsule market.

The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.

The growing popularity of instant non-alcoholic beverages such as coffee in restaurants and office cafeterias is driving the growth of the coffee capsule market, as coffee capsules reduce the time and effort required to prepare a cup of coffee when used in coffee machines in coffee shops and office cafeterias.

Increased need for non-alcoholic beverages among millennials, consumer awareness towards low-sugar and non-alcoholic beverages, busy work schedules, and changing consumer tastes are some of the reasons attributed to the rise in popularity of instant non-alcoholic beverages such as coffee. According to the 2019 study by MarketInspector, a UK-based company that provides a digital marketplace for businesses and organizations, annual per capita coffee consumption in Finland was 11.7kg while Portugal had 41.6 coffees per 10,000 people. The increasing use of coffee machines in restaurants and office cafeterias to meet the growing demand for instant non-alcoholic beverages such as coffee is driving up the demand for coffee capsules, thus fueling the growth of the coffee capsules market.

Coffee Capsules (Coffee Pad) are pre-packed in eco-friendly filter paper and provide an easy alternative to coffee capsules while providing compatibility with all types of coffee machines. Unlike coffee capsules, coffee capsules are easier to use and dispose of and do not contain plastic or aluminum packaging.

Coffee capsules are available at a lower price than coffee capsules because there is no plastic or metal used in the capsules, moreover different machines require different types of coffee capsules which makes it boring for the users.

For example, the three types of machines offered by Lavazza, an Italy-based coffee company, require different types of coffee capsules. Furthermore, as reported by Halo, the UK-based manufacturer of compostable coffee capsules, out of a total of 59 billion coffee capsules produced approximately 95% were plastic and aluminum. Thus, the market for coffee capsules is constrained by the increasing demand for its alternative products such as coffee capsules.

One of the latest trends for companies in the coffee capsule market is the use of bioplastics and biodegradable materials to make coffee capsules. Companies in the coffee capsule market are investing in finding ways to use bioplastics and biodegradable materials to make capsules rather than using them. Aluminum and plastic to hold the coffee extractor.

The aluminum and plastic capsules are non-biodegradable and harmful to the environment, leading companies to find innovative new biodegradable materials such as polypropylene, which can be shredded and recycled for use in making coffee capsules. 2019 Woken launches its line of fully biodegradable Nespresso compatible capsules.

Woken’s bio-capsules are made from a bioplastic named Terrablend, which contains 62% raw materials and branded by Woken. Similarly, Lavazza, an Italy-based food and beverage company, launched its 100% compostable coffee capsules, in the name of Eco Caps, in 2019.

These environmental lids can be disposed of in a food waste bin and require six months to decompose.

The countries covered in the Coffee Capsules market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
Read the full report: https://www.reportlinker.com/p06284500/?

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