The new report by Expert Market Research titled, ‘Global Coffee Pods and Capsules Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global coffee pods and capsules market, assessing the market based on its segments like types, distribution channels, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027):7.2%
Coffee pods and capsules comprised of recyclable and environmentally friendly materials is likely to aid its market demand. The market for coffee capsules has a lot of potential, and the desire for and insistence on providing more sustainable solutions is growing. Pods and capsules simplify the brewing procedure and reduce the amount of time it takes to make coffee. With rising incomes, a desire for rich coffee flavour, and the convenience and ease of preparing coffee with pods and capsules, consumer demand for coffee pods and capsules has surged in recent years. The expansion of the coffee pods and capsules market can be attributed to the high quality, efficiency, and variety of options available in a single cup of coffee. One of the major reasons for coffee pods' increasing appeal among consumers is their one-time-use and disposable nature.
Industry Definition and Major Segments
Single-serving coffee canisters are known as pods and capsules. These usually include 7 and 5 grams of coffee powder in them, respectively. Pods are composed of the same material as tea bags. Capsules, on the other hand, feature a protective casing composed of plastic or aluminium, which can be of various sizes.
By type, the market is segmented into:
• Capsules
• Pods
Based on distribution channel, the market is divided into:
• Off Trade
• On Trade
On the basis of region, the market is segmented into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
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Market Trends
Customers are willing to spend money on coffee equipment in order to replicate the cafe experience at home. As a result, demand for coffee pods and capsules has soared. The rising demand for coffee, which is the most consumed beverage, is the key driver of the pods and capsules market's growth. With the growing need for non-alcoholic drinks, coffee capsules have become very popular. Coffee manufacturers use capsules because of their versatility, comfort, and compatibility with a wide range of coffee goods and machinery. Furthermore, the proliferation of high-end, freshly brewed coffee cafes, such as Starbucks, has heightened consumers' interest. As a result, the demand for coffee pods and capsules has risen.
Key Market Players
The major players in the market are Luigi Lavazza Spa, Keurig Dr Pepper Inc., Nestlé SA, The Kraft Heinz Company, and Jacobs Douwe Egberts Pro, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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