The Coffee Pods And Capsules Market is being driven by Convenience in using coffee pods
The Coffee Pods And Capsules Market is expected to grow at a CAGR of 8.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 15438.6 million. The Coffee Pods and Capsules market experiences continuous evolution due to shifting consumer preferences and technological advancements. Competition is fierce as coffee pods and capsules contend with alternatives like instant coffee and ready-to-drink (RTD) coffee. In response, industry players innovate, with Keurig Dr Pepper Inc. set to launch K-Rounds, a line of plant-based, fully compostable coffee pods in 2025. These eco-friendly pods boast a thin, invisible cellulose coating, offering a sustainable solution. NEXE Innovations also announced significant strides in compostable packaging for coffee pods in October 2024. These developments underscore the industry's commitment to sustainability and consumer demand for eco-friendly options.
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The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
186 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.4% |
Market growth 2025-2029 |
USD 15438.6 million |
Market structure |
Concentrated |
YoY growth 2024-2025(%) |
7.6 |
Key countries |
US, France, Germany, Italy, Canada, UK, China, Japan, India, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
Coffee pods and capsules offer a cafe-style experience at home or in busy workplaces with the convenience of using coffee machines. These pods and capsules cater to fitness-focused consumers seeking energy boosts, improved metabolism, and enhanced brain functioning. Premium coffee shops and online distribution channels provide a wide range of novel coffee tastes, while offline channels ensure accessibility. Brewing parameters and connectivity options ensure freshness and flavor, available in biodegradable materials like paper or plastic, and aluminum. Ground coffee alternatives like filters are also available, with brewing methods maintaining the coffee's freshness and flavor.
The global coffee pods and capsules market encompasses businesses engaged in the production and distribution of these convenient coffee solutions. According to Technavio's market analysis, the market size is determined by the consolidated revenue generated by market participants. This market scope excludes manufacturers of coffee machines and food processing equipment, as well as producers of packaged alcoholic and non-alcoholic beverages, excluding mineral waters. Key growth drivers for the global coffee pods and capsules market include the cafe-style experience they offer, energy boosting properties, potential fat burning and metabolism enhancement, and the brain functioning benefits associated with premium coffee. Both online and offline distribution channels contribute to the market's expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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