Coffee Pods and Capsules Market to Grow with a CAGR of 6.3% Globally through to 2028
Increasing demand for single-serve coffee in
households and the growing popularity of coffee pods and capsules in cafes and
restaurants are factors driving the global coffee pods and capsules market in
the forecast period 2024-2028.
According to TechSci Research report, “Global
Coffee Pods and Capsules Market - Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global
Coffee Pods and Capsules Market stood at USD 25.6 billion in 2022 and is
anticipated to grow with a CAGR of 6.3% in the forecast period, 2024-2028. Due
to enormous coffee consumption, coffee makers are expanding their product
portfolio to meet the local taste and adjusting their packaging designs to
appeal to the local market. This, in turn, is anticipated to positively impact
the coffee capsules market growth.
The Coffee Pods and Capsules market is a segment of
the larger coffee industry that focuses on providing convenient and quick
solutions for coffee consumption. It offers consumers the ability to brew a
single cup of coffee with ease and consistency. This market has gained immense
popularity due to its convenience, quality, and variety, and it has expanded
globally to meet the demands of a diverse consumer base.
Convenience is at the core of the Coffee Pods and
Capsules market's success. These single-serving systems offer quick and
hassle-free coffee preparation, making them ideal for individuals with busy
lifestyles. The consistency and minimal cleanup they provide further enhance
their appeal. The market
places a strong emphasis on quality and consistency. Coffee pods and capsules
are designed to preserve the freshness of coffee beans, ensuring that each cup
delivers a consistent and high-quality coffee experience. The market thrives on the diversity of flavors and
options available to consumers. Coffee pod and capsule manufacturers
continually introduce new and innovative coffee flavors, catering to a wide
range of tastes and preferences.
Environmental sustainability has become
a major concern, with consumers and manufacturers seeking ways to reduce the
environmental impact of coffee pods and capsules. This includes efforts to use
recyclable and biodegradable materials and promote responsible recycling
practices. The Coffee Pods and Capsules market has expanded globally,
particularly in emerging economies where coffee consumption is on the rise.
Growing middle-class populations and urbanization have driven demand in these
regions. Smart technology has been integrated into coffee pod and capsule
machines, allowing for customization, remote control, and energy efficiency.
These features enhance user convenience and customization options.
Browse over 26 market data Figures
spread through 189 Pages and an in-depth TOC on "Coffee Pods and Capsules Market”
Sustainability is a dominant trend in
the market, with a focus on recyclable materials, compostable and biodegradable
options, reduced packaging waste, and circular economy initiatives. Brands are
seeking eco-certifications to demonstrate their commitment to sustainability.
The market is witnessing a trend towards premiumization, with an emphasis on
specialty coffee offerings, single-origin blends, artisanal roasting, and
limited-edition releases. Barista-style features and aesthetics are also
gaining prominence. Convenience continues to be a top priority, with smart and
connected machines allowing for remote control and customization.
Voice-activated brewing, customization options, and energy efficiency are
driving the evolution of convenience in the market. Emerging economies in the
Asia-Pacific region, including China, Japan, and India, are experiencing
substantial market growth. A rising middle class, urbanization, and changing
consumer preferences have driven the expansion of coffee pods and capsules in these
regions.
The Global Coffee Pods and Capsules Market is
segmented into type, application, distribution channel, regional distribution,
and company.
Based on the type, the coffee capsules segment emerged
as the dominant player in the global market in 2022. Due to the rising demand
for instant non-alcoholic drinks, coffee capsules have seen significant public
popularity in recent years. Due to their adaptability, ease of use, and large
variety of coffee items and equipment, coffee makers favor coffee capsules.
Based on region, the European market witnessed a
rising demand for specialty coffee and single-serve methods in the past few
years. Among all, Germany and France are the regional leaders in the market.
With the rising market value for coffee pods and capsules, several
private-label players are entering other markets in the region, which may drive
the European market over the forecast period.
Major companies operating in Global Coffee Pods
and Capsules Market are:
- JDE Peets N.V.
- Aumeeka Ventures LLP
- Lavazza Group
- Fresh Brew Co.
- Nestle S.A.
- Starbucks Corporation
- Georg MENSHEN GmbH & Co. KG
- Coffee Nirvana
- Keurig Dr Pepper Inc.
- The J. M. Smucker Company
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“The Coffee Pods and Capsules market has witnessed
explosive growth over the past decade. This market segment has expanded
significantly due to its convenience, consistent quality, and diverse flavor
options. The global demand for quick and hassle-free coffee solutions has
fueled the market's rapid expansion, making it a dominant force in the coffee
industry. With consumers increasingly valuing convenience in their daily lives,
the Coffee Pods and Capsules market is poised to continue its upward trajectory
in the years to come.,” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based management consulting firm.
“Coffee
Pods and Capsules Market – Global Industry
Size, Share, Trends, Opportunity, and Forecast, Segmented By
Type (Pods, Capsules), By Application (Commercial, Residential), By
Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online,
Others), By Region, By Competition, 2018-2028”, has evaluated
the future growth potential of Global Coffee Pods and Capsules Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Coffee Pods and Capsules Market.
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