Coffee Pods and Capsules Market Valued at USD 9,460.13 million from 2022 to 2027. The incorporation of technology and packaging innovations to emerge as key trend
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09 Jun, 2023, 10:45 ET
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NEW YORK, June 9, 2023 /PRNewswire/ --
Market Share Along with Major Challenges and Upcoming Trends
The two main factors that are anticipated to increase coffee capsule sales globally are product innovation and the growing number of vendors offering compostable coffee capsules. However, during the forecast period, the coffee pods and capsules market is set to decelerate at a CAGR of 6.16% between 2022 and 2027.
In addition to knowing about the market's growth potential, it's important to address the challenges faced in the coffee pods market that may impact its growth and hinder profitability in the long run. The market is currently valued at USD 9,460.13 million
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Here are some of the challenges faced in the coffee pods and capsules market:
Here are the highlights on the Trends to overcome challenges.
Technology-forward products are being introduced by competitors, such as the seaweed-based coffee ball from CoffeeB and the new Nespresso-compatible espresso capsules from Tim Hortons. In October 2021, Starbucks by Nespresso also debuted Nespresso Vertuo. During the forecast period, the market is anticipated to witness the introduction of new compostable coffee capsules, which will spur growth in the coffee pods and capsules sector.
The report also provides major insights on consumer base and new product launches that help vendors establish long-term relationships with end-users and consumers.
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Information on Vendor Analysis of Coffee Pods and Capsules Market 2023-2027:
The full report consists detailed analysis of Top 15 vendors operating in the coffee pods and capsules Market, including :
The report is backed with competitive intelligence and benchmarking, and are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Vendor Insights of Coffee Pods and Capsules Market-
Due to the presence of numerous regional and international vendors, the capsule and plastic cup-based coffee pods market is moderately fragmented. Some of the largest suppliers of capsules and coffee pods made from plastic cups include Nestle, JAB Holding, The Kraft Heinz Co. (Kraft Heinz), Melitta Group Co. (Melitta Group), and Luigi Lavazza.
K-Cups, RealCups, Tassimo T-Discs, and Nespresso Capsules are a few of the most widely used coffee capsule variations. Roasted coffee is typically found in coffee capsules that are wrapped in plastic and aluminum cups, both of which are either non-recyclable or require processing before being recycled.
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Related Reports:
Coffee Pods Market: The coffee pods market is estimated to grow at a CAGR of 5.22% between 2022 and 2027. The size of the market is forecast to increase by USD 9,996.33 million.
Roast and Ground Coffee Market: The roast and ground coffee market is estimated to grow at a CAGR of 6.89% between 2022 and 2027. The size of the market is forecast to increase by USD 27.84 billion.
Coffee Pods And Capsules Market Scope
Report Coverage
Details
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Decelerate at a CAGR of 6.16%
Market growth 2023-2027
USD 9,460.13 million
Market structure
Fragmented
YoY growth 2022-2023(%)
6.97
Regional analysis
Europe, North America, APAC, Middle East and Africa, and South America
Performing market contribution
Europe at 45%
Key countries
US, Canada, France, Germany, and Italy
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
Luigi Lavazza SpA, The J.M Smucker Co., Nestle SA, Keurig Dr Pepper Inc., JDE PEETs NV, Starbucks Corp., Inspire Brands Inc., Coffee Day Enterprises Ltd., Bestpresso Inc., McDonald Corp., Emeril Lagasse Foundation, and Coffee Capsules Inc.
Market dynamics
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
About Us
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Contact
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
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