The global Capsule Coffee Machine Market Share is valued at USD 5.31 billion in 2027

Posted October 20, 2021 by james4220

The global Capsule Coffee Machine Market Share is valued at USD 5.31 billion in 2021 and is expected to reach USD 18.84 billion by the end of 2026, growing at a CAGR of 13.5 % between 2021 and 2027.

Market Overview
The Global Capsule Coffee Machine Market Share is estimated to be valued at USD 8,261.4 Million by 2025 and is expected to register a CAGR of 7.86% during the forecast period. Capsule coffee machines brew coffee by forcing heated water through a small container of ground coffee which is shrink-wrapped in a capsule or a pod. Capsule coffee machines are also known as pod filter machines. These machines are convenient as they reduce preparation time and are cost-effective in the long term.
North America was the largest market for capsule coffee machines in 2018 and the regional market is expected to maintain its dominance during the review period. Europe held a significant market share and was the second-largest market for capsule coffee machines in 2018. In Europe, the market in Russia is projected to exhibit the highest growth rate of 8.21% during the forecast period. However, the Asia-Pacific market is projected to register the highest CAGR during the forecast period. Increasing demand for coffee machines in tier-1 and tier-2 cities and rising per capita disposable incomes in countries such as China, India, and Japan are expected to drive market growth in the region.
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Competitive Landscape
Market Research Future recognizes Nestlé S.A. (Switzerland), Jacobs Douwe Egberts B.V. (Netherlands), Keurig Dr Pepper, Inc. (US), Kraft Heinz Company (US), Illycaffè S.p.A. (Italy), Luigi Lavazza S.p.A. (Italy), Dualit Limited (UK), Bradshaw Home, Inc. (US), Ningbo Aaa Group Electric Appliance Co. Ltd. (China), Pacific Coffee Co. Ltd (Hong Kong) and Starbucks Corporation (US) as the key players in the global capsule coffee machine market.

Market Segmentation
The global capsule coffee machine market size has been segmented on the basis of type, application, and region.
By type, the market has been divided into closed-source system and open-source system. The closed-source system segment accounted for the larger market share. In this system, the manufacturer or supplier of the machine also provides the capsules and no other capsules can be used in the machine. Closed-source capsule coffee machines are favored by brand-loyal customers who prefer a particular brand of coffee. However, open-source systems reduce consumer dependency on the manufacturer for the supply of capsules, resulting in the higher projected CAGR of the segment during the forecast period.
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Regional Analysis
Geographically, the global capsule coffee machine market size has been segmented into North America, Europe, Asia-Pacific, Central & South America, and the Middle East & Africa. As per MRFR analysis, North America dominated the market, accounting for the largest share of the market in 2018. However, the market in Asia-Pacific is expected to register the highest CAGR of 8.55% during the assessment period. The European market accounted for the second-largest market share in 2021. The market in Europe is estimated to reach USD 2,297.5 Million by the end of 2027, with Germany being the leading market.
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Issued By james
Business Address India
Country India
Categories Advertising , Blogging
Tags Capsule Coffee Machine Market Share
Last Updated October 20, 2021