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Global Coffee Pod and Capsule Market is expected to grow at a CAGR of 8.5% during the forecast period from 2019-2025

01-30-2020 11:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fior Markets

Global Coffee Pod and Capsule Market 2019, Global Coffee Pod and Capsule Market Growth and Revenue, Coffee Pod and Capsule

Global Coffee Pod and Capsule Market 2019, Global Coffee Pod and Capsule Market Growth and Revenue, Coffee Pod and Capsule

As per the report published by Fior Markets,The Global Coffee Pod and Capsule market is expected to grow from USD 15.23 Billion in 2017 to USD 29.2 Billion by 2025 at a CAGR of 8.5% during the forecast period from 2018-2025.The EMEA market accounted for the largest share in the coffee pod and capsule market. Europe are expanding their collection of single-serve methods (such as coffee pods and capsules), dominated by Nespresso, Keurig Green Mountains and JDE. The market for fresh ground coffee pods has observed a significant rise in sales since 2016.

Global Coffee Pod and Capsule Market by Product Type(Coffee Capsules, Coffee Pods), Application Type (Coffee Beans, Coffee Powder), Material (Conventional Plastic, Others), Region Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025

DOWNLOAD FREE SAMPLE REPORT:https://www.fiormarkets.com/report-detail/375940/request-sample

Leading companies in the industry include Nestle, Acron Holdings, Kraft Foods, Dunkin Brands, Lavazza A Modo Mio, Starbucks, Gloria jean's Coffeeswhichare offering greater opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.For instance, inAugust 2018, Nestlé and Starbucks Corporation formed a partnership to market Starbucks Consumer Packaged Goods and Foodservice products globally, outside of the company's coffee shops. The agreement covers Starbucks packaged coffee and tea brands, such as Starbucks®, Seattle's Best Coffee®, TeavanaTM/MC, Starbucks-branded K-Cup® pods, etc.

The product type segment is classified into coffee capsules and coffee pods.The coffee capsules segment is estimated to lead the coffee pod and capsule market and valued around USD 9.61 Billion in 2017. Coffee capsules have gained high popularity among consumers in recent years due to increase in demand for instant non-alcoholic beverages. Coffee capsules are preferred by coffee makers owing to its convenience, ease of use and wide variety of coffee products and machines. Application type segment is divided into segments such as coffee beans and coffee powder. The coffee powder segment is dominating the market with the share of 59.20% in 2017. Coffee beans segment is dominating the market it can be easily brew, and doesn't require any extra time, skills or equipment. They are conveniently found in every local supermarket.Material segment includes conventional plastic, bioplastics, fabric and others. The bioplastics segment is dominating the market and valued around USD 5.97 Billion in 2017. Bioplastics are plastics made of renewable resourcesand acts as an environmental friendly alternative over petroleum-based plastics

BROWSE COMPLETE REPORT AND TABLE OF CONTENTS:https://www.fiormarkets.com/report/global-coffee-pod-and-capsule-market-by-product-375940.html

High consumption of coffee consumption among millennial is an important factor deriving the growth of the market. Also, increasing demand for coffee pods and packaging innovations have enabled leaders to launch new coffee pod whichis fuelling the growth of market.But some varieties of coffee pods and capsules are non-recyclable or difficult to recycle which may hamper the growth of market. However, increasing demand for instant non-alcoholic beverages due to rising disposable income and increasing the popularity of coffee pods and capsules are expected to provide lucrative opportunities for the Asia-Pacific market in the upcoming yearswhich should drive the industry growth in coming years.

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Fior Markets is a futuristic market intelligence company, helping customers flourish their business strategies and make better decisions using actionable intelligence. With transparent information pool, we meet clients' objectives, commitments on high standard and targeting possible prospects for SWOT analysis and market research reports. We sell market research reports obtained from major publishers from various industries, in which a comprehensive overview of the market is provided along with statistical forecasts, strategic recommendations, detailed segmentation, current market scenario, competitive landscape and key trends.

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