LONDON--(BUSINESS WIRE)--The global coffee pods market size is poised to grow by USD 9.75 billion during 2019-2023, according to a new report by Technavio, progressing at a CAGR of 7% during the forecast period.
Read the 123-page research report with TOC on "Coffee Pods Market Analysis Report by product (capsule and plastic cup-based coffee pods and foil and paper-wrapped coffee pods) and geography (the Americas, APAC and EMEA) 2019 - 2023" at:
https://www.technavio.com/report/global-coffee-pods-market-industry-analysis
The market is driven by the convenience in using coffee pods. Also, the growing demand and availability due to organized retailing is anticipated to further boost the growth of the market during the forecast period.
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Rapid urbanization in many developing economies, infrastructural development and the increasing working population has resulted in the increased demand for convenient-to-use, packaged food and beverages. As a result, the adoption of coffee pods is increasing in most cafés and restaurants. Single serving coffee containers like coffee pods, save cafes and restaurants from the manual tasks of grinding beans, dosing and tamping ground coffee. This makes the process of coffee making simpler, convenient and time-efficient for foodservice providers. Moreover, cafes and restaurants using coffee pods save money as they do not need to train employees to become baristas or pay the salary that experienced and professional baristas seek. Thus, the convenience in using coffee pods is driving market growth.
Furthermore, organized retailers have grown worldwide with the establishment of supermarkets, hypermarkets, and specialty stores. Ready-to-consume packaged food and beverages are primarily sold by large organized retailers and these channels have emerged as a major distribution channel for coffee pods in various countries. Thus, the rise of such channels is expected to drive market growth during the forecast period.
To find out more about Coffee Pods Market Research 2019-2023, https://www.technavio.com/talk-to-us?report=IRTNTR30300
The report includes detailed profiles of the leading companies & prominent vendors of the market:
- DD IP Holder
- JAB Holding Company
- JACOBS DOUWE EGBERTS
- LUIGI LAVAZZA
- maxingvest
- Nestlé
Market Segmentation by Category and Product Types:
The Coffee Pods Market can be broadly categorized into the following:
- Capsule and plastic cup-based coffee pods
- Foil and paper-wrapped coffee pods
Key Regions for the Coffee Pods Market:
Featuring a breakdown of region-wise market shares until 2019.
- The Americas
- APAC
- EMEA
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Related Reports on Consumer Staples Market are:
Global Coffee Creamer Market 2019-2023 - Global coffee creamer market by type (liquid coffee creamer and powder coffee creamer) and geography (APAC, Europe, MEA, North America, and South America).
Global Espresso Coffee Market 2019-2023 - Global espresso coffee market by end-users (homes and offices and coffee shops and others), and by geography (APAC, Europe, MEA, North America, and South America).
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