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Coffee Pods Global Market Sales Estimated to Hit $7.94 Billion at a CAGR of 3.8% By 2028 | Says The Business Research Company
Coffee Pods Market
As per the report, 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 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%.
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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.
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.
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
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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
Contents of the report:
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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