Asia Pacific Coffee Pod and Capsule Market Outlook
According to a new report by Expert Market Research titled, “Asia Pacific Coffee Pod and Capsule Market Size, Share, Analysis, Report and Forecast 2024-2032″, the Asia Pacific coffee pod and capsule market size reached a value of USD 4.24 billion in 2023. Aided by the increasing adoption of western lifestyle and growing consumer demand for convenient coffee brewing methods, the market is projected to further grow at a CAGR of 10.50% between 2024 and 2032 to reach a value of USD 7.7 billion by 2032.
Coffee pods and capsules contain pre-packaged ground coffee beans in their own filter. They are primarily designed for use with single-serve or capsule coffee machines and provide a consistent taste, aroma, and body which is appreciated by coffee lovers. Furthermore, they offer convenience and quick preparation, making them ideal for individuals with busy lifestyles.
The Asia Pacific coffee pod and capsule market growth is being driven the increasing consumer preference for convenience and quality. With the escalating pace of life and changing lifestyle patterns, consumers are gravitating towards products that can accommodate their busy schedules. Coffee pods and capsules, with their easy and fast preparation, meet this need, propelling their demand in the market.
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Moreover, the increasing westernisation in many Asia Pacific countries is driving the consumption of coffee and coffee-related products. As coffee culture permeates these societies, the demand for coffee pods and capsules is on the rise, which, in turn, bolsters the Asia Pacific coffee pod and capsule market expansion.
The extensive range of flavours and types available in the coffee pod and capsule market also contribute to the market’s expansion. These offerings allow consumers to enjoy various coffee types, such as espresso, lungo, and flavoured coffee, without the need for multiple brewing equipment, thereby boosting the Asia Pacific coffee pod and capsule market.
In the food and beverage industry, there is a rising trend towards sustainability and environmental consciousness. Responding to this, manufacturers in the coffee pod and capsule market are focusing on producing eco-friendly and biodegradable products. This shift towards sustainable offerings not only caters to the growing demand for environmentally friendly products but also aids in Asia Pacific coffee pod and capsule market growth.
The retail sector’s expansion, especially the online segment, plays a vital role in the growth of the coffee pod and capsule market in the Asia Pacific. With the increasing penetration of e-commerce and the ease of online shopping, consumers have easy access to a wide variety of coffee pods and capsules, further propelling the Asia Pacific coffee pod and capsule market demand.
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Asia Pacific Coffee Pod and Capsule Market Segmentation
The market can be divided based on type, distribution channel, and country.
Market Breakup by Type
- Pods
- Capsules
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Speciality Stores
- Online Stores
- Others
Market Breakup by Country
- China
- Japan
- India
- South Korea
- ASEAN
- Australia
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the Asia Pacific coffee pod and capsule companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Nestlé S.A.
- Luigi Lavazza S.p.A.
- Keurig Green Mountain Inc.
- Dong Suh Foods Corporation
- UCC Holdings Co. Ltd
- Fresh Brew Co.
- Urban Brew
- Vero Coffee
- Others
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