Capsule Coffee Machine Market to Grow by USD 11.77 bn | Bunn-O-Matic Corp. and Cravium Foods LLP Among Key Vendors | Technavio
NEW YORK, Dec. 16, 2021 /PRNewswire/ -- The capsule coffee machine market is dominated by North America. The region is expected to account for 32% of the market's growth during the forecast period. The US and Canada are the key countries for the capsule coffee machines market in North America. However, the market growth rate in this region will be slower than the growth of the market in Europe, APAC, and MEA. The increasing number of new product launches and growing investments by the vendors in the market will drive the capsule coffee machine market growth in North America during the forecast period.
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The capsule coffee machine market forecast report has been added to Technavio's catalog. The market is expected to grow by USD 11.77 billion from 2021 to 2026. The market is anticipated to witness healthy growth at a CAGR of 14.67% during this period.
Read the 120-page report with TOC on "Capsule Coffee Machine Market Analysis Report by End-user (commercial and household) and Geography (North America, Europe, APAC, South America, and MEA), and the Segment Forecasts,2022-2026". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales and supply functions.
The capsule coffee machine market is driven by growing demand and availability due to organized retailing. However, factors such as environmental threats associated with capsule coffee may impede the market growth.
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Major Capsule Coffee Machine Companies and Their Offerings:
- Bunn-O-Matic Corp. - The company offers capsule coffee machines that come with removable, dishwasher-safe of 2.7 liter water reservoir with large fill opening, under the brand name BUNN.
- Cravium Foods LLP - The company offers capsule coffee machines that use a high-performing 20 bar pressure pump to extract coffee with indulgent layers of crema and allows three present brewing functions to brew a Cappuccino, Espresso, or Lungo at one touch, under the brand name of COFFEEZA.
- Dualit Ltd. - The company offers capsule coffee machines that give customers the choice of making coffee or tea, together with the convenience of being able to purchase capsules online, on the high street or in supermarkets, under the brand name of Dualit.
- Illycaffe SpA - The company offers capsule coffee machines that come in sleek and sturdy aluminum and tempered glass body with convenient front panel controls and water tank that make the machine extremely versatile, under the brand name of Illy.
- Jacobs Douwe Egberts BV - The company offers capsule coffee machines that provide three drink options which are espresso, lungo, and hot water and ideal for in-room, under the brand name of LOR MINI.
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Capsule Coffee Machine Market End-user Outlook (Revenue, USD bn, 2021-2026)
- Commercial - size and forecast 2021-2026
- Household - size and forecast 2021-2026
Capsule Coffee Machine Market Geography Outlook (Revenue, USD bn, 2021-2026)
- North America - size and forecast 2021-2026
- Europe - size and forecast 2021-2026
- APAC - size and forecast 2021-2026
- South America - size and forecast 2021-2026
- MEA - size and forecast 2021-2026
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Capsule Coffee Machine Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2021 |
Forecast period | 2022-2026 |
Growth momentum & CAGR | Accelerate at a CAGR of 14.67% |
Market growth 2022-2026 | USD 11.77 billion |
Market structure | Fragmented |
YoY growth (%) | 10.40 |
Regional analysis | North America, Europe, APAC, South America, and MEA |
Performing market contribution | North America at 32% |
Key consumer countries | US, Germany, Canada, China, and UK |
Competitive landscape | Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled | Bunn-O-Matic Corp., Cravium Foods LLP, Dualit Ltd., Illycaffe SpA, Jacobs Douwe Egberts BV, Keurig Dr Pepper Inc., Koninklijke Philips NV, Luigi Lavazza Spa, Nestle SA, and Ningbo AAA Group Electric Appliance Co. Ltd. |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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