Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 6.21 Billion | USD 11.91 Billion | CAGR at 7.50% | 2023 |
According to the report published by Zion Market Research, the global Coffee Pods Market size was valued at USD 6.21 Billion in 2023 and is predicted to reach USD 11.91 Billion by the end of 2032. The market is expected to grow with a CAGR of 7.50% during the forecast period. The report analyzes the global Coffee Pods Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Coffee Pods Market industry.
With consumers becoming aware of the health benefits derived as the result of the intake of organic products, the market for coffee pods is likely to expand in the forthcoming years. In addition to this, the rise in the penetration of naturally-sourced items in the food & beverages sector has culminated into a huge demand for coffee pods among the consumers. Apart from this, the changing consumer tastes & preferences have forced the vendors to shift their offerings towards natural products such as organic coffee pods.
Many of the emerging economies are witnessing swift urbanization and infrastructural growth in the organized retail sector. Furthermore, the rise in the working populace has triggered a humongous need for convenience products. This, in turn, has driven the demand for coffee pods across the globe. Nonetheless, the huge costs of coffee pods as compared to other conventional coffee items can obstruct the growth of the industry in the upcoming years. Apart from this, customers in developing as well as third-world countries prefer conventional whole bean coffee products due to its cost-effectiveness. This will further decimate the growth of coffee pods industry in the years to come. However, fair trade has helped coffee pod manufacturers acquire reliable labor at cost-effective wages. This, in turn, is likely to offer new growth avenues for the coffee pods market in the years to come.
Moreover, coffee machines being one of the commonly used equipment in the kitchen, the use of coffee pods has gained popularity across the globe.
The global coffee pods market can be classified based on product type.
Based on product type, the global coffee pods market is segmented into capsule & plastic cup-based coffee pods and foil & paper-wrapped coffee pods.
Report Attributes | Report Details |
---|---|
Report Name | Coffee Pods Market Research Report |
Market Size in 2023 | USD 6.21 Billion |
Market Forecast in 2032 | USD 11.91 Billion |
Growth Rate | CAGR of 7.50% |
Number of Pages | 201 |
Key Companies Covered | The Kraft Heinz Company, LUIGI LAVAZZA, DD IP Holder, JACOBS DOUWE EGBERTS, JAB Holding Company, Dolce Gusto, maxingvest ag, and Nestlé S.A |
Segments Covered | By product type and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The coffee pods industry is likely to gain traction in North America and Europe due to the rise in the working population due to swift urbanization & industrialization. Apart from this, convenience in using these products is anticipated to drive the product demand in countries like the U.S., Canada, Germany, the UK, and France.
The European continent is likely to contribute lucratively towards the market size with a large number of players investing massively in research programs to develop biodegradable & reusable coffee pods due to growing global ecological concerns.
Some of the key players in the coffee pods market include :
These players are focusing on expanding their manufacturing capacity and launching new flavors in order to gain a competitive advantage. Apart from this, these giant industry participants are emphasizing on reinforcing their supply chain & retail activities to retain their market position as well as market share.
By product type
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed