The study on the Coffee Pods and Capsules Market published by Stratview Research is an all-inclusive analysis of the key factors that are likely to determine the growth of the market in the upcoming years. The study dives deep to analyse detailed parameters that are expected to influence the global scenario of the Coffee Pods and Capsules Market during the forecast period of (2022-2028).
This newly published and insightful report sheds light on the market insights of the Coffee Pods and Capsules Market key dynamics, their impact on the overall value chain from suppliers to end-users, current trends, growth opportunities, restraints, and market drivers that are projected to influence the overall dynamics of the market.
Market Insights
The coffee pods and capsules market is likely to witness an impressive CAGR of 8.04% during the forecast period. Increasing consumption of coffee products along with the adoption of coffee pods in cafes and restaurants are the major factors driving the growth of the market. Further, increasing demand for coffee pods and capsules in online retail channels along with packaging innovation are also some of the factors fueling the growth of the market.
Coffee pods and capsules are tiny cups, with or without filters. They are filled with pre-portioned ground coffee and are sealed with food-grade coverings. Being ready to brew in special machines makes them popular. A coffee pod is a type of coffee-making method that helps to prepare coffee. A wide range of coffee pods are existing in the market such as paper coffee pods, K-cups, and T-discs to prepare coffee.
Key Players
Some of the key players in the market are-
- Nestle S.A.
- Starbucks Corporation
- JAB Holding Company
- The Kraft Heinz Company
- Dunkin' Brands Group, Inc.
- Luigi Lavazza S.p.A
- Gloria Jean's Coffees
- Strauss Group Ltd.
- Dualit Limited
- The J.M. Smucker Company
Coffee Pods and Capsules Market Segmentation
The report indicates the region and segment that is expected to witness the fastest growth in the coming years. The market experts have segmented the Coffee Pods and Capsules Market in certain ways -
Based on the product type, the market is segmented as pods and capsules. The capsules segment held the larger share of the market in 2021, whereas the pod segment is expected to register faster growth during the forecast period. Increased demand for instant non-alcoholic drinks is the key factor behind the dominance of the coffee capsules segment in the market. Coffee producers majorly choose coffee capsules, owing to their suitability, comfort of use, and a wide diversity of coffee products and machinery.
Based on the coffee type, the coffee pods and capsules market is segmented as traditional and decaf. The traditional segment held the larger share of the market in 2021, owing to a high consumer preference for traditional coffee over decaf. Traditional coffee beans are high in caffeine content and provide better taste and flavor.
In terms of regions, Europe is estimated to be the largest market for coffee pods and capsules during the forecast period, with Germany, the UK, France, and Russia being the countries with lucrative growth opportunities. The dominance of the region’s market is mainly due to the increasing demand for new products with technological upgrades, and rising demand for easy-to-use coffee capsules and pods, along with the adoption of automatic bean-to-cup machines. The rising number of coffee bars, small roasters, small local brands, and baristas in the region, along with the increasing interest of consumers in specialty coffee and K-Cups is likely to drive the region’s market during the forecast period.
Essential Takeaways from the Coffee Pods and Capsules Market Report
Stratview Research records all major product launches, emerging trends, and mergers& acquisitions over the last few years. It also analyzes existing market players to determine how well they are aligned with customer expectations. Below given pointers are some of the takeaways from the Coffee Pods and Capsules Market Report-
- Recent developments and key strategies adopted by market players.
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- Growth opportunities for emerging market players in various regional markets.
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