Scope of the Study
Coffee capsule has emerged as an effective solution to the emerging requirement of coffee product packaging in developing countries. Coffee capsule refers to a plastic container which contains coffee sealed with an aluminum foil. The capsule prevents coffee from moist and is used for an array of products. Changing consumer preference and the constant search for convenience and practically in product and services has propelled the market for Coffee Capsule.
The market study is being classified by Type (Vanilio Coffee Capsules, Latte Macchiato Coffee Capsules, Ciocattino Coffee Capsules, Caramelito Coffee Capsules and Cappuccino Macchiato Coffee Capsules) and major geographies with country level break-up. According to AMA, the Global Coffee Capsules market is expected to see growth rate of 4.31% and may see market size of USD985.46 Million by 2024.
Starbucks (United States), Bestpresso (United States), Kissmeorganics (United States), Gourmesso (United States), Kraft Foods (United States), Dunkin Brands (United States), Folgers (United States), Keurig (United Sates), Nescafe (Switzerland), Nestle (Switzerland) and Gloria jeanís Coffees (Australia) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Tassimo (France), Illy (Italy), Lavazza (Italy), Dualit (United Kindom) and Pacific Coffee (Hong Kong).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Coffee Capsules market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Coffee Capsules market by Type, Application and Region.
On the basis of geography, the market of Coffee Capsules 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). Europe region held largest market share in the year 2018. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Number of Consumer Willing To Purchase Coffee Machines
- Growing Demand for Convenient Packaging Format and Easy To Use Packaging Demand
- Innovation in Technology Which Suppliers Are Investing In Advance System To Support Growth
- Growing Demand For Organic and Fairtrade Products
- Value Oriented Consumers
- Players Are Introducing Coffee Pods That Are Compatible With Popular Machines
- Substitutes Available For Coffee Capsule
- Capsule Market Growth with Increase of Premium Consumer
- Collaboration and Tie Up Of Leading Players
- Complexity Involved with Packaging
Market Leaders and their expansionary development strategies
In August 2018, Nestlť and Starbucks Corporation formed a partnership to market Starbucks Consumer Packaged Goods and Foodservice products globally, outside of the companyís coffee shops. The agreement covers Starbucks packaged coffee and tea brands, such as Starbucks, Seattleís Best Coffee, TeavanaTM/MC, Starbucks-branded K-Cup pods, etc.
Analyst CommentThe capsules can't be recycled easily because they are often made of a mixture of plastic and aluminium," adds Jan Dube, spokesman of the Hamburg Department of the Environment and Energy.
Key Target AudienceCoffee Capsule Manufacturer, Coffee Capsule Supplier, Raw Material Supplier, Government Bodies and Association, Research Industry and End users
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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