India Coffee Capsule Market to Undergo Significant Growth over Coming Years
Introduction of new flavors
and increasing consumption of coffee products to drive India coffee capsule
market
According
to TechSci Research report, “India
Coffee Capsule Market By Type (Open System, Closed System), By Material
(Conventional Plastic, Bioplastics, Others (Fabric, etc.)), By Distribution
Channel (Supermarket/Hypermarket, Specialty Store, Online Retail Store, Others),
By Region, Forecast & Opportunities, FY2026”, the India coffee capsule market is anticipated
to witness healthy growth during the forecast period owing to increasing
consumption of coffee as a beverage in the country. The market is witnessing an
increasing trend of single-serve coffee capsules which are hugely popular among
coffee lovers. Moreover, innovation of technologies and increasing investment
in R&D activities are acting as key factors for India coffee capsule market
growth. Also, there is a growing demand for coffee products among
health-conscious consumers who are preferring coffee over tea. The ease-of-use
of coffee capsule products are leading to their increasing demand and are
expected to provide lucrative growth opportunity for manufactures in the
country.
Additionally, manufacturers are coming up with new
flavors and new & innovative formulations of coffee capsules which are
gaining traction in Indian market. Further, market leaders are launching coffee
capsules in recyclable and biodegradable packaging which is also augmenting the
market growth. Moreover, rising disposable income and increasing middle class
of the country are leading to growing demand for instant non-alcoholic
beverages, which is supporting the growth of coffee capsule market. Also, the
increasing working population of the country has led to high consumption of
coffee as the population is willing to spend on quality coffee. The increasing
use of coffee capsules in offices, catering industries, and other
establishments for commercial purposes are some other growth drivers. With
increasing trend of coffee shops and cafes, the market is expected to undergo a
formidable growth through FY2026.
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India
coffee capsule market is segmented based on type, material, distribution
channel and region. Based on material, the market is segmented into conventional
plastic, bioplastics and others including fabric material. Among the, the
bioplastic material is expected to dominate the market during the forecast
period as they act as an environment friendly alternative over other materials.
They are made of renewable resources and hence, are increasingly being
preferred by manufacturers.
Based
on distribution channel, India coffee capsule market is segmented into supermarket/hypermarket,
specialty store, online retail store and others. Among them, the online retail
stores segment is expected to undergo the fastest growth during the forecast
period owing to significant growth in e-commerce sector in the recent years.
These websites provide detailed information about products. They not only offer
a pleasant shopping experience to the consumer but also impart knowledge about products.
Moreover, sales discount and easy payment methods offered by online retailers
are attracting consumers in India.
Major players operating in the India coffee
capsule market include Nestlé India, Lavazza India, Starbuck, illycaffè and Bonhomia.
Key market players are focusing on new product launches and investing on strong
distribution channel to increase their market share.
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“The
increasing working class in India is the major consumer of instant coffee
products like coffee capsules and coffee pods. Good variety of coffee and
strong marketing are benefiting the coffee capsule manufacturers in the
country. Also, growing installation of coffee machines in hotels and offices is
expected to provide a profitable market opportunity to manufactures. With high
coffee consumption among millennials, the market holds promising future for
coffee capsule manufacturers,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based global management consulting firm.
“India Coffee Capsule Market By Type (Open System,
Closed System), By Material (Conventional Plastic, Bioplastics, Others (Fabric,
etc.)), By Distribution Channel (Supermarket/Hypermarket, Specialty Store,
Online Retail Store, Others), By Region, Forecast & Opportunities, FY2026” has evaluated the future growth potential of India coffee
capsule market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in India coffee capsule market.
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