Global Coffee Pods and Capsules Market Outlook
According to a new report by Expert Market Research titled “Global Coffee Pods and Capsules Market Size, Share, Analysis, Report, Demand, Forecast 2023-2028″, the global coffee pods and capsules market is projected to grow at a CAGR of 7.2% between 2023 and 2028. Aided by the growing consumer inclination towards convenient coffee brewing solutions and the increasing prominence of specialty coffee experiences, and its diversified applications across multiple sectors, the market is expected to grow significantly by 2028.
Coffee pods and capsules have revolutionised the traditional coffee brewing process, offering consumers a quick, consistent, and high-quality coffee experience at home. These single-serve coffee portions come pre-packaged, ensuring the right amount of coffee grounds for a perfect cup every time. Apart from convenience, they offer a plethora of choices – from espressos and cappuccinos to flavoured coffees and decaf options, catering to a broad spectrum of taste preferences.
The booming global urbanisation and the ensuing fast-paced lifestyles have been instrumental in the coffee pods and capsules market growth. As consumers globally find themselves pressed for time, the need for quick yet quality coffee solutions have intensified. Furthermore, the growing cafe culture and the exposure to a diverse range of coffee flavours have prompted consumers to seek similar gourmet experiences at home, and coffee pods and capsules seem to fit the bill perfectly.
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Another substantial driver that further adds value to the coffee pods and capsules market size is the continuous innovation in brewing machines compatible with these pods and capsules. Brands are investing heavily in R&D to design advanced, sleek, and user-friendly machines that not only brew the perfect cup but also aesthetically complement modern kitchen spaces.
As per the coffee pods and capsules market analysis, the growing retail presence of these products, both in physical stores and e-commerce platforms, has also given a significant thrust to the market. The ability for consumers to access a diverse range of flavours, brands, and blends at their fingertips has undeniably bolstered sales. Moreover, strategic marketing campaigns, collaborations, and consumer engagement initiatives by leading brands have further piqued consumer interest.
Going forward, while the market is poised for robust growth, it’s imperative for players to acknowledge and address environmental concerns proactively. By marrying innovation with sustainability, brands can cater to conscious consumers, ensuring longevity and relevance in the market. Collaborations with artisanal coffee producers, offering authentic and unique coffee experiences, can also be a lucrative avenue to increase coffee pods and capsules market demand.
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Coffee Pods and Capsules Market Segmentation
The market can be divided based on type, distribution channel, and region.
Market Breakup by Type
- Capsules
- Pods
Market Breakup by Distribution Channel
- Off-trade
- On-trade
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global coffee pods and capsules market. Some of the major players explored in the report by Expert Market Research are as follows:
- Nestlé S.A.
- Luigi Lavazza S.p.A.
- illycaffè S.p.A.
- Rave Coffee
- The Kraft Heinz Company
- Jacobs Douwe Egberts Pro
- Caffitaly System S.p.A.
- Toro Caffè
- Dualit Limited
- The J.M. Smucker Company
- Others
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