Coffee Pods Market Outlook
According to the report by Expert Market Research (EMR), the Global Coffee Pods Market Size is projected to grow at a CAGR of 8.00% between 2023 and 2028. Aided by the growing demand for convenient, high-quality coffee products and the expanding applications of coffee pods in various settings, the market is expected to grow significantly by 2028.
Coffee pods are small and sealed packets containing ground coffee beans in precise portions, designed for use with specific coffee machines. These pods offer convenience, consistency, and a wide variety of flavours, contributing to the overall coffee drinking experience, thereby, bolstering the coffee pods market demand. Beyond their primary function of making excellent coffee, coffee pods also have the advantage of minimal wastage and ease of cleaning, making them an increasingly preferred choice in various settings including homes, offices, and commercial establishments.
The escalating consumer preference for quality and convenience in coffee products is driving the global coffee pods market. With increasing recognition of the benefits of coffee pods, including consistent flavour, easy clean-up, and a wide array of choices, there has been a significant shift towards their use, leading to a surge in demand for coffee pod products. Furthermore, the burgeoning trend of gourmet coffee culture has further boosted the popularity of coffee pods, given their ability to deliver speciality coffee flavours in a convenient package.
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The broadening applications of coffee pods in various sectors also play a significant role in driving the coffee pods market growth. In the hospitality industry, coffee pods are used to offer guests a premium coffee experience in their rooms. The corporate sector utilises coffee pods for their efficiency and convenience, contributing to a positive working environment. Moreover, the rising popularity of home-brewed coffee has increased the usage of coffee pods in residential settings.
Additionally, the increasing demand for eco-friendly alternatives in the beverage industry has led to an increased focus on coffee pods as a sustainable product. With the rise of environmental consciousness and the increasing popularity of green products, coffee pods have started evolving, with manufacturers innovating on compostable and recyclable coffee pods, thereby amplifying the coffee pods market expansion.
Coffee Pods Market Segmentation
The market can be divided based on type, product type, flavour, distribution channel, and region.
Market Breakup by Type
- Capsule and Plastic Cup-Based Coffee Pods
- Foil and Paper-Wrapped Coffee Pods
Market Breakup by Product Type
- Hard Coffee
- Soft Coffee
Market Breakup by Flavour
- Regular
- Flavoured
- Others
Market Breakup by Distribution Channels
- HoReCa
- Hypermarkets and Supermarkets
- Convenience Stores
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global coffee pods companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Nestlé Nespresso SA
- Luigi Lavazza SpA
- Jacobs Douwe Egberts Pro
- Melitta Group
- The J.M. Smucker Company.
- Others
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