Coffee Pods and Capsules Market -Segmented by Type (Pods, Capsules), Distribution (On-Trade, Supermarket/Hypermarket, Specialty Stores, Online Retailing, Others) - Growth, Trends and Forecasts (2018 - 2023)
Coffee Pods and Capsules Market Insights
The global coffee pods and capsules market was valued at USD 14.74 billion in 2017, and is expected to register a CAGR of 7.1%, during the forecast period (2018 - 2023).
The quality, efficiency, and diverse choices offered in the single serve coffee are responsible for the growth witnessed in the global coffee pods and capsules market. As coffee is the most consumed beverage by volume, high demand for coffee globally is the reason for the market growth of coffee pods and capsules. One of the major factors responsible for the growing popularity of coffee pods among consumers is its one-time-use and disposable features
Coffee Pods and Capsules Market Dynamics
In case of coffee, convenient forms like coffee pods and capsules are becoming popular among masses (especially in western countries like North America and Western Europe) to prepare consistently good coffee in the comfort of home, in less time. Also, increasing number of consumers are willing to purchase coffee machines to recreate the coffee shop experience at home, players are introducing coffee pods that are compatible with popular machines such as Nespresso to exploit this trend.
As convenient as these capsules and pods are, they come with a cost to the environment due to their un-recyclable packaging. The global coffee pod and capsule market has ballooned so much in recent years that it is expected to overtake instant and ground coffee but its popularity represents a huge environmental problem.
Coffee Pods and Capsules Market Segmentation
The global coffee pods and capsules market is likely to witness a moderate rise in sales. The moderate growth rate of the coffee pods and capsules market is likely to continue throughout the forecast period, with mushrooming coffee chains offsetting some of the sluggishness. To attract coffee enthusiasts and to further improve sales, pod players are introducing premium or specialty coffee pods, which marks an important trend in the coffee pods market. Coffee capsules are the plastic containers with an aluminium foil seal, with ground coffee.
Nespresso and Nescafe Dolce Gusto brands play a significant role in the global coffee capsules market. Other single-serve brands associated with technology that contribute to increase the value/ volume share ratio include Keurig, and the jacobsdouweegberts brands Tassimo and Senseo, all owned by JAB.
By distribution channel, the global coffee pods and capsules market is dominated by supermarket/Hypermarket with a market share of 35% in 2017.
As of 2015, with high product innovation by the key players, North America recorded the highest market growth rate. But since the beginning of 2017, the North America coffee pods market has become matured especially in United States. The United States held a prominent market share of 65.7% impacting the North America coffee pods and capsules market in 2017.
Coffee Pods and Capsules Market - Competitive Landscape
Retailers in northern and western Europe are expanding their collection of single-serve methods (such as coffee pods and capsules), dominated by Nespresso, Keurig Green Mountains and JDE. The market for fresh ground coffee pods witnessed a significant rise in sales since 2016. The ease-of-use of these products that give premium flavor to coffee, good marketing by the key players and the wide variety of flavors have contributed to an increase in their popularity in the Asia-Pacific countries like Indonesia, Malaysia, etc.
The global coffee pods and capsules market is largely dominated by Nestlé and JDE with high global presence of their brands Nespresso, Keurig, Tassimo, Senseo and Dolce Gusto.
Major Players -Nestle, Acron Holdings, Kraft Foods, Dunkin Brands, Lavazza A Modo Mio, Starbucks, Gloria jean’s Coffees
Coffee Pods and Capsules Market Key Developments
August, 2018 - Nestlé and Starbucks Corporation formed a partnership to market Starbucks Consumer Packaged Goods and Foodservice products globally, outside of the company’s coffee shops. The agreement covers Starbucks packaged coffee and tea brands, such as Starbucks®, Seattle’s Best Coffee®, TeavanaTM/MC, Starbucks-branded K-Cup® pods, etc.
Coffee Pods and Capsules Market - Reasons to Purchase this Report
Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Global, regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
3 months analyst support along with the Market Estimate sheet in excel.
Coffee Pods and Capsules Market - Customization of the Report
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