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Coffee Pods and Capsules Market to Worth US$ 39.9 Billion by 2028 | With a Striking 7.3% CAGR - IMARC Group

The global coffee pods and capsules market size reached US$ 25.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 39.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028.
Published 08 December 2023

IMARC Group, a leading market research company, has recently releases report titled “Coffee Pods and Capsules Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global coffee pods and capsules market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

According to IMARC Group, the global coffee pods and capsules market size reached US$ 25.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 39.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028.

The report has segmented the market by region, type, packaging material and distribution channel.

Request a Sample Report:- https://www.imarcgroup.com/coffee-pods-capsules-market/requestsample

Factors Affecting the Growth of the Coffee Pods and Capsules Industry:

  • Convenience and Ease of Use:

The increasing convenience offered by coffee pods and capsules represents one of the key factors impelling the market growth. Consumers are seeking quick, hassle-free ways to prepare their daily coffee, driving the demand for coffee pods and capsules that cater to this need. These products eliminate the mess and effort associated with traditional coffee brewing methods, allowing users to enjoy high-quality coffee with minimal effort. This convenience is especially appealing in fast-paced environments like offices and urban households. Moreover, the variety of machines compatible with these pods and capsules, ranging from entry-level models to advanced espresso makers, ensures that there is a convenient option for every coffee consumer.

  • Variety and Premiumization:

The increasing variety and premiumization of coffee pods and capsules are supporting the market growth. The growing availability of coffee pods and capsules, including a variety of blends, single-origin coffees, and flavors catering to different palates and preferences, is positively influencing the market. This variety enables individuals to explore and enjoy diverse coffee experiences at home, which were previously only available in specialty coffee shops. Furthermore, the premiumization of coffee products is leading to the introduction of high-quality, specialty, and artisanal coffee options in pod and capsule form. These premium options often include sustainably sourced and organic coffees, catering to the growing consumer demand for ethical and high-quality products.

  • Sustainability Initiatives:

The increasing focus on sustainability is supporting the market growth. Manufacturers are making significant strides in developing more sustainable options, which include biodegradable and compostable pods, as well as recyclable capsules. Additionally, the growing initiatives to make coffee pod machines more energy-efficient and programs for recycling used pods and capsules are positively influencing the market. These sustainability efforts align with the rising demand for eco-friendly products and appeal to a more environmentally aware customer base.

Coffee Pods and Capsules Market Report Segmentation:

By Type:

  • Pods
  • Capsules

Capsules hold the largest share due to their compatibility with a wide range of coffee machines.

By Packaging Material:

  • Conventional Plastic
  • Bioplastics
  • Fabric
  • Others

On the basis of packing material, the market has been divided into conventional plastic, bioplastics, fabric, and others.

By Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Stores
  • Others

Supermarkets and hypermarkets hold the biggest market share as they offer a wide range of coffee products, making them accessible and convenient for consumers.

Regional Insights:

  • North America 
  • United States
  • Canada
  • Asia Pacific 
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe 
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
  • Latin America 
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Europe dominates the market on account of its robust coffee culture and a high consumption rate of coffee pods and capsules.

Global Coffee Pods and Capsules Market Trends:

The growing integration of smart technology with features like wireless fidelity (Wi-Fi) connectivity, voice assistant compatibility, and app integration in a coffee pod and capsule systems is offering a favorable market outlook. This allows users to customize their brewing experience, schedule brewing times, and even order refills automatically through smart devices. 

In addition, the rising need for functional coffee options in pod and capsule forms is prompting manufacturers to infuse coffee pods with additional health benefits like added vitamins, minerals, and herbal supplements. These functional coffees cater to health-conscious consumers looking for more than just caffeine from their coffee experience.

Inquire before Buying:- https://www.imarcgroup.com/request?type=report&id=5732&flag=F

Leading Companies Operating in the Global Coffee Pods and Capsules Industry:

  • Caffè d'Italia srl
  • Dualit Limited
  • illycaffè S.p.A. (Gruppo illy Spa)
  • Keurig Dr Pepper Inc.
  • Luigi Lavazza SpA
  • Melitta, Nestlé S.A.
  • Peet's Coffee (Jacobs Douwe Egberts)
  • Strauss Group Ltd. (Strauss Holdings Ltd.)
  • The J.M. Smucker Company
  • The Kraft Heinz Company
  • Trilliant Food and Nutrition LLC.

Other Key Points Covered in the Report:

  • COVID-19 Impact
  • Porters Five Forces Analysis
  • Value Chain Analysis
  • Strategic Recommendations

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