Capsule Coffee Machine Market Size Worth $423.9 Million by 2025

Grand View Research, Inc.

SAN FRANCISCO, Aug. 21, 2019 /PRNewswire/ -- The global capsule coffee machine market size is anticipated to reach USD 423.9 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 13.3% over the forecast period. The market demand is majorly driven by the prominent use of single serve coffee, especially in the western countries such as U.S., U.K., Germany, and Switzerland. Capsule machines for this beverage are designed with easy operational features, lighter volume, and are available at a cheaper rate as compared to the traditional ones.

Key suggestions from the report:

• The global capsule coffee machine market is expected to expand at a CAGR of 13.3% from 2019 to 2025
• The commercial application segment was valued at USD 109.2 million in 2018, whereas the household sector is expected to witness the fastest growth during the forecast period
• Asia Pacific is the fastest growing region for capsule coffee machines, expanding at a CAGR of 12.7% from 2019 to 2025
• Top players' operating in the market are Keurig Green Mountain, Inc.; Nestlé Nespresso SA; Dualit Limited; Jacobs Douwe Egberts Pro; Starbucks Corporation; Dunkin Brands; LUIGI LAVAZZA SPA; Koninklijke Philips N.V.; and illycaffè S.p.A.

Read 80 page research report with TOC on "Capsule Coffee Machine Market Size, Share & Trends Analysis Report By Application (Commercial, Household), By Region (North America, Europe, APAC, MEA, CSA), And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/capsule-coffee-mac ...

Americans alone consume about 136 billion cups of coffee every year, with an average consumers drinking approximately 3 cups each day, and spending on around $1100 annually. Consumers drink up to 500 billion cups of this beverage annually at the global level, with U.S. ranking as the second largest importer of coffee beans, after Europe. High consumption of this beverage in these regions is expected to drive the market.

Household application of capsule coffee machines is expected to expand at the highest CAGR of 11.5% over the forecast period. Growing trend of adoption of premium and specialty beverages induced with different flavors and origin is gaining popularity. This trend is expected to drive the demand for such capsule machines in the household sector.