Press release
Coffee Pods Global Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Demand, Forecast, Competitive Landscape
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Coffee Pods Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $7.94 billion In 2028 At A CAGR Of 3.8% :
The coffee pods market size has grown steadily in recent years. It will grow from $6.54 billion in 2023 to $6.83 billion in 2024 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to convenience, busy lifestyles, flavor variety, sustainability concerns.
The coffee pods market size is expected to see steady growth in the next few years. It will grow to $7.94 billion in 2028 at a compound annual growth rate (CAGR) of 3.8%. The growth in the forecast period can be attributed to premiumization, e-commerce and dtc (direct-to-consumer), emerging markets, health and wellness trends, home office culture. Major trends in the forecast period include technological advancements, sustainability and eco-friendly pods, flavor innovation, health and wellness pods, smart coffee machines, private label and store brands, café-style experience at home, functional coffee pods.
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Coffee Pods Market Major Segments
The coffee pods market covered in this report is segmented -
1) By Product: Soft Coffee, Hard Coffee
2) By Roast Type: Dark, Medium, Light
3) By Caffeine Content: Regular, Decaffeinated
Key Driver - Creating Demand For Coffee Pods Growing Working Populations' Effects And Convenience Demand
The growth in the working population is projected to boost the demand for convenience products, resulting in significant demand for coffee pods. For instance, in September 2022, according to Bureau of Labor Statistics, a US-based government agency, the number of employed women (16 year and above) in September 2021 was 72295000 which increased to 74349000 in September 2022. The growth in the working population will result in higher demand for coffee pods and other convenience products during the forecast period the growth of the coffee pods market.
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Prominent Trend - Environmental Responsibility And Innovation In The Coffee Pods Market
The companies functioning in the coffee pods market are focused on new product development in order to meet the environmental requirements and to better serve their customers. The launch of compostable pods is a leading trend in the coffee pods market. For instance, in December 2021, Zarraffa's coffee, an Australia-based specialty coffee company, introduced 100% biodegradable and compostable Okapi coffee capsules. The entire capsule is comprised of plant components such as sugarcane and sugar beet.
Coffee Pods Market Players
Major companies operating in the coffee pods market include Nespresso SA, The Kraft Heinz Company, Jacobs Douwe Egberts Au Pty Ltd., Dunkin Brands Inc., Luigi Lavazza SpA, Keurig Green Mountain Inc., Kraft Foods Group, Starbucks Corporation, Coffee Roaster Peeze, Colonna Ltd., Gloria Jeans's Coffee International Pty Ltd., Ueshima Coffee Company, Little's Rich Coffee, Artisan Coffee Co, Solimo Coffee CO, Maud's Coffee & Tea, Keurig Dr Pepper Inc., Folger Coffee Company, Café Bustelo, Gevalia, Two Rivers Coffee, Happy Belly, Gourmesso Coffee, Artizan Coffee Co, Storyville Coffee Co, Bulletproof 360 Inc., Peet's Coffee, illycaffe SpA, Fresh Brew Co, Georg MENSHEN GmbH & Co KG
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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the coffee pods market in 2023. Western Europe was the second-largest region in the coffee pods market.The regions covered in the coffee pods market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Coffee Pods Market Report Structure
3. Coffee Pods Market Trends And Strategies
4. Coffee Pods Market - Macro Economic Scenario
5. Coffee Pods Market Size And Growth
…..
27. Coffee Pods Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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