Coffee Capsule Market 2021 Explored in the Latest Research by key players Like VERO Coffee, Vittoria Food and Beverage, Belmoca Belgium (Belmio), Coind group

The coffee capsule market was valued at US$ 8,327.19 million in 2019 and is projected to reach US$ 14,062.20 million by 2027; it is expected to grow at a CAGR of 7.0% during the forecast period 2020-2027.

Coffee capsule refers to coffee that is packed in a plastic or aluminum package instead of a paper filter. It is usually designed to be used for a single brand or system and is not interchangeable with other systems. Coffee capsule is a single serve vacuum packed capsule that requires a machine which is compatible with it. The benefit of consuming coffee capsule is that the vacuum packing ensures the hygiene and prevents external agents, such as oxygen, humidity, and heat, from entering inside. Coffee capsule is simple to use. Also, in coffee capsule, coffee stays fresher for longer period and does not require the use of coffee grinders.

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Top Key Players:- VERO Coffee, Vittoria Food and Beverage, Belmoca Belgium (Belmio), Coind group, Nestle Nespresso S.A, Coind Group, Jacobs Douwe Egberts BV, Gloria Jean’s Gourmet Coffee, Luigi Lavazza S.p.A, Dualit Limited, and illycaffè S.p.A.

Consumption of coffee products is rising among health-conscious consumers; thus, manufacturers plan to develop new and innovative formulations, such as coffee capsules, sugar-free coffee premix, and other products, in the market. Alzheimer's disease is the leading cause of dementia in the elderly, followed closely by Parkinson's disease. Studies have shown that drinking three to five cups of coffee per day can reduce the risk of contracting Alzheimer's, Parkinson's, and other forms of dementia by up to 65%. Antioxidants fight against the health-damaging free radicals ("oxidants") in the body and boost the immune system. Many fruits and vegetables also fight against the oxidants, but coffee is the most popular beverage among consumers as it is a rich source of antioxidants.

Coffee helps reduce the chances of developing several types of cancer, including oral cancer, skin cancer, and liver cancer. Type II Diabetes is a potentially deadly disease that is reaching epidemic proportions in Australia. Numerous studies have shown that coffee can dramatically reduce the risk of developing diabetes. Caffeine works in two ways to improve athletic performance. It raises metabolism, increases the oxidation of fatty acids, and mobilizes fatty acids from the fat tissues. The consumption of coffee has increased among health-conscious consumers as it has anti-cancer properties. These benefits of consumption of coffee boost the demand for coffee capsules across the world.

The report segments the global coffee capsule market as follows:

Coffee Capsule Market, by Product

• Open Source System
• Close Source System

Coffee Capsule Market, by Application

• Household
• Commercial

Coffee Capsule Market, by Distribution Channel

• Hypermarkets and Supermarkets
• Specialty Stores
• Online Stores

Asia Pacific coffee capsule market is expected to grow at the highest CAGR during the forecast period. China is dominating the regional market, followed by India and Japan. Consumers in these countries are shifting their preferences toward healthy lifestyle and prefer products that provide health benefits. Therefore, increasing health concerns among consumers drive the growth of the coffee and coffee capsule market in Asia Pacific. Also, increasing use of coffee capsule by the HORECA sector is driving the demand for coffee capsules across Asia Pacific.

The COVID-19 outbreak has affected economies and industries in various countries due to imposed lockdowns, travel bans, and business shutdowns. As a result of this outbreak, food processing and consumer goods is one of the major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. China is the hub of manufacturing and the largest raw material supplier for various industries across the world, and disturbed operations in the country are affecting several businesses from all other countries, dependent on its manufacturing sector. The global market breakdown due to the COVID-19 crisis is also affecting the growth of the coffee capsule market.

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