What is Capsule Coffee Machines Market?
The rise in popularity of coffee machines across different regions as a result of rising beverage consumption could help the market grow in the coming years. The growing popularity of the product due to well-known benefits such as ease of use and convenience can be attributed to the growth of the global capsule coffee machine industry. As the number of beverage outlets and cafés grows, sales of capsule coffee machines can increase, contributing to the market's growth.
The market study is being classified by Type (Satellite Brewers, Decanter Brewers, Airpot Brewers and Coffee Urns), by Application (Household and Commercial) and major geographies with country level break-up.
Nestlé S.A. (Switzerland), Jacobs Douwe Egberts B.V. (Netherlands), Keurig Dr Pepper, Inc. (United States), Kraft Heinz Company (United States), Illycaffè S.p.A. (Italy), Luigi Lavazza S.p.A. (Italy), Dualit Limited (United Kingdom), Bradshaw Home, Inc. (United States), Ningbo Aaa Group Electric Appliance Co. Ltd. (China), Pacific Coffee Co. Ltd (Hong Kong) and Starbucks Corporation (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global Capsule Coffee Machines market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Capsule Coffee Machines market by Type, Application and Region.
On the basis of geography, the market of Capsule Coffee Machines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase in Consumption of Coffee in Emerging Economies
- Rising Usage of Single-serve Coffee
- Rising Awareness among the Consumer regarding the Varieties
- Expensive Models of Capsule Coffee Machines
- Technical Advancement with New Features
- High Demand for Good Quality along with Low Energy Consumption and Less Maintenance Cost
- Lack of Awareness among the User
Market Leaders and some development strategies
In January 2021- Hilton, an America-based MNC hospitality company that is reputed to manage a broad range of hotels portfolio, announced the opening of Canopy by Hilton Hangzhou West Lake. It is the 27th property of 160-room state-of-the-art hotel that is managed by Hilton and owned by Zhejiang Xingcai Investment Co., Ltd. They have included capsule coffee as one of the amenities.
In January 2021– Caps Me, an innovation introduced by two French engineering students to recycle coffee capsules to solve issues created by waste from coffee machine capsules.
Key Target AudienceVenture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Capsule Coffee Machine Manufactures, Raw Material Suppliers, Government Regulatory and Research Organizations and End-User
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Capsule Coffee Machines Market?
"Increase in Consumption of Coffee in Emerging Economies
" is seen as one of major growth factors of Capsule Coffee Machines Market in years to come.
2. Can we have customized study for Capsule Coffee Machines Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.