DUBLIN--(BUSINESS WIRE)--The "Global Coffee Pods Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The coffee pods market will register a CAGR of close to 7% by 2023.
Consumers have increasingly becoming aware of the health benefits of organic and naturally-sourced products in the food and beverage industry, which is triggering the demand for organic coffee pods. Therefore, vendors have shifted their offerings to natural products and are offering organic coffee pods.
These factors have also increased the demand for ethically-sourced products and have resulted in the need for obtaining certifications for a broad range of agricultural commodities and raw materials. Fair trade helps producers achieve reliable labor incomes, appropriate working conditions, and social benefits. These factors are all set to boost the growth of the coffee pods market worldwide.
Several developing economies are undergoing rapid urbanization, thereby increasing infrastructural development including growth in organized retail outlets. This has increased working population that demand for convenient-to-use products such as coffee pods that are gaining immense popularity worldwide, especially, in regions like North America and Western Europe. Consequently, the convenience in using coffee pods will boost the growth of the market.
The high price of coffee pods in comparison with traditional coffee products is one of the major challenges for the market. Consumers in developing economies of Asia, Eastern Europe, and Latin America still prefer traditional whole bean coffee as it is cheaper than coffee pods.
Market Trends
- Rising Number of Mergers & Acquisitions
- Growing Demand for Organic & Fair Trade Products
- Technological & Packaging Innovations
Key Players
- DD IP Holder
- JAB Holding Company
- JACOBS DOUWE EGBERTS
- LUIGI LAVAZZA
- maxingvest
- Nestle
Topics Covered
1. Executive Summary
2. Scope of the Report
3. Market Landscape
4. Market Sizing
5. Five Forces Analysis
6. Market Segmentation by Product
7. Customer Landscape
8. Geographic Landscape
9. Decision Framework
10. Drivers and Challenges
11. Market Trends
12. Vendor Landscape
13. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/t4hjxd/coffee_pods?w=4
