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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:
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Capsule Coffee Machine Market End-user Outlook (Revenue, USD bn, 2021-2026)
Capsule Coffee Machine Market Geography Outlook (Revenue, USD bn, 2021-2026)
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Capsule Coffee Machine Market Scope
Accelerate at a CAGR of 14.67%
North America, Europe, APAC, South America, and MEA
US, Germany, Canada, China, and UK
Leading companies, Competitive strategies, Consumer engagement scope
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.
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
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