Number of pages:
| Parameters | Details |
|---|---|
Base Year |
2021 |
Historical Data |
2016-2021 |
Forecast Data |
2022-2028 |
Base Year Value (2021) |
USD million |
Forecast Value (2028) |
USD million |
CAGR (2022 to 2028) |
% |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
The global Capsule Coffee Machines Market is valued at USD 5.31 billion in 2016 and is expected to reach USD 18.84 billion by the end of 2026, growing at a CAGR of 13.5 % between 2018 and 2026.
Capsule coffee machine is a new kind of coffee machine as compared with the ordinary coffee machine. Capsule coffee machine manufacturers put the coffee in a sealed aluminum or plastic capsule in advance, then filling it with nitrogen to ensure freshness. Thus, consumer can finish the brewing process simply by put the capsule in the capsule coffee machine. This procedure is simpler, cheaper, cost-effective with higher and lighter volume as compared with the ordinary coffee machine. The global sales of capsule coffee machine witnessed double digit growth between 2010 and 2017.
Increasing consumption of coffee in developing regions is major factor for growing capsule coffee machine market size. As of now, North America and Europe have significantly higher per capita coffee consumption. However, in recent few years, coffee consumption has significantly increased in Asia Pacific which is growing at an average of 4% especially in South East Asia where growing coffee consumption is nearly 13% of global coffee consumption. This will further increase to 16% by end of 2026. However, coffee consumption is slowly shifting towards single digit growth rate owing to industry saturation is a big concern for growth of this market.
New technological advancements in capsule coffee machine technology with new specifications, innovative concepts, and new applications are constantly evolving to provide improved quality, minimum components, and improved capacity with energy savings, and low maintenance cost which is boosting capsule coffee machine market during the forecast period globally. Capsule coffee machine industry is highly dominated with top 5 players accounting for over 90% of global capsule coffee machine market sales. This market will register double digit growth owing to increasing penetration in Asia Pacific during forecast period.
Capsule Coffee Machines Market : Product Type
Capsule Coffee Machines Market : Application
Global Capsule Coffee Machines Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Capsule Coffee Machines Market:
Geographical analysis of Capsule Coffee Machines Market :
Capsule Coffee Machines Market Report delivers comprehensive analysis of :
Capsule Coffee Machines Market was valued at around USD million in 2021 & estimated to reach USD by 2028.
Capsule Coffee Machines Market is likely to grow at compounded annual growth rate (CAGR) of % between 2022 to 2028.
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