South Korea Coffee Tea Capsules Market Report, Industry Overview, Growth Rate and Forecast 2024

by Rahul Rastogi Market Research Analyst

The South Korea coffee and tea capsules market is expected to witness a strong growth in the upcoming years. This can be accredited to the availability of these capsules at low prices coupled with the emerging trend of home-cafes in the country.

According to the latest report by IMARC Group, titled “South Korea Coffee and Tea Capsules Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the South Korea coffee capsules and tea capsules market reached a value of US$ XX Million and US$ XX Million, respectively, in the year 2018. Coffee and tea capsules represent the third-largest product type in the South Korea coffee and tea industry. These capsules provide convenience to the consumers for preparing a cup of coffee or tea without mixing extra ingredients. As the majority of the South Korean households have high disposable incomes, the consumers are willing to spend a substantial amount of money on high-quality products such as coffee and tea capsules. Moreover, as these capsules have precise ingredients they provide a uniform taste and allow the restaurants and cafes to offer consistent quality. In line with this, the manufacturers have been introducing a vast range of tea and coffee capsule variants with different flavors and aromas so as to expand their consumer-base in the country. 

Request Free Sample Report: 

South Korea Coffee and Tea Capsules Market Trends:

South Korea is one of the leading markets for ready-to-drink beverages in Southeast Asia. After the patent expiry of the Nespresso machines in 2012, several food and beverage companies in the country have introduced their own machines and capsules at affordable prices. Further, the growing demand for quality coffee and tea capsules in south Africa at homes and workplaces has pushed many Korean brands to launch ‘K-cup’ – coffee and tea capsules – compatible with Nespresso machines. In addition to this, the manufacturers are offering a wide array of tea and coffee capsules including those for expressos, chococcinos, latte macchiatos, Americanos and tea lattes, thereby catalyzing the growth of the market. Apart from this, due to the growing trend of home-cafes and maturing coffee culture, the demand for beverage capsules has increased in the country. Looking forward, the coffee and tea capsules market size in South Korea is projected to reach a value of US$ XX Million and US$ XX Million, expanding at a CAGR of X% and X% during 2019-2024, respectively.

South Korea Coffee and Tea Capsules Market Competitive Structure:

The competitive landscape of the coffee capsule market in South Korea has been examined with some of the major players being Nescafe Dolce Gusto, Nespresso, Keurig Korea Ltd., Caffitaly System, Illycaffè S.p.A, Alois Dallmayr, JARO Co., Ltd, K-Konic Co., Ltd. and KAFFA INT Co., Ltd. On the other hand, some of the key players operating in the tea capsule market in the region include Basilur Tea Export (Pvt) Ltd., Nescafe Dolce Gusto, Dualit Limited, CONF. Co., Ltd. and Bokumjari.


Browse Full Report with TOC & List of Figure:

Related Report by IMARC Group

Coffee and Tea Capsules Market in Japan: Size, Share, Industry Trends, Growth, Opportunity and Forecast 2019-2024

About Us 

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

Tel No:(D) +91 120 433 0800 |
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331


Sponsor Ads

About Rahul Rastogi Advanced   Market Research Analyst

42 connections, 0 recommendations, 213 honor points.
Joined APSense since, September 6th, 2018, From New York, United States.

Created on May 22nd 2019 00:10. Viewed 494 times.


Michael ML Junior  Plumber
Awesome article please keep continue it
May 24th 2019 01:50   
Please sign in before you comment.