Press release
Coffee Pods and Capsules Market Forecast To 2023 | Nestlé, Keurig Dr Pepper, Inc., illycaffè S.p.A., Caffè d'Italia, The J.M. Smucker Company

Coffee Pods and Capsules Market Share, Coffee Pods and Capsules Market Size, Coffee Pods and Capsules Market Trends, Global Coff
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Major Players:
Nestlé
LUIGI LAVAZZA SPA
Caffè d'Italia
Dualit Limited
illycaffè S.p.A.
Keurig Dr Pepper, Inc.
Jacobs Douwe Egberts
The J.M. Smucker Company
Industry Segments:
The global coffee pods and capsules market has been segmented by serving size, coffee type, and distribution channel.
By serving size, the global coffee pods and capsules market has been classified as single serving, and multi serving.
On the basis of coffee type, the global coffee pods and capsules market has been divided into traditional, decaf, and others.
The distribution channel segment has been divided into store based and non-store based.
The store based channel has been further segregated into supermarkets & hypermarkets, convenience stores, and others.
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Geographical Overview:
Asia-Pacific is expected to grow at the highest pace in global coffee pods and capsules market during the forecast period. The region is emerging as a lucrative market for coffee pods and capsules due to the increasing per capita disposable income of the consumers. In addition, consumers are willing to pay a premium price for value-added coffee products such as coffee pods and capsules. China, India, and Japan are key contributors to the coffee market in this region. China is among the tea-drinking countries, however, over the period coffee consumption has increased, which is driving the growth of coffee market in the Asia-Pacific region. In addition, key manufacturers of coffee are targeting the Asia-Pacific region to enhance the volume sales of coffee and coffee product.
North America is expected to garner a significant revenue share in the coffee pods and capsules market due to presence of major market players in the region. Expanding product portfolio of coffee pods and capsules by key manufacturers is one of the significant factors boosting the growth of coffee pods and capsules market in the region. Innovations in flavors of coffee pods is one of the main factors which is expected to positively impact the growth of the market in North America.
Europe is expected to dominate the global coffee pods and capsules market due to high preference of consumers towards premium coffee products such as coffee pods and capsules. Development of new products along with the technological upgradations is anticipated to drive the growth of coffee pods and capsules market in the European countries during the forecast period. Germany, UK, France, and Italy are the leading coffee-consuming countries in this region which in turn are emerging as major markets of coffee pods and capsules.
Rest of the world is expected to garner a notable market share and project a considerable growth rate during the forecast period. The regions growth can be attributed to the changing lifestyle of people, especially in the Middle East. Moreover, the growing coffee industry in the UAE is also fueling the growth of coffee pods and capsules market in the region.
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