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
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:
High price of coffee pods and capsules and availability of cheaper substitutes: Traditional whole-bean coffee is still preferred by consumers in developing nations in Asia, Eastern Europe, and Latin America because it is less expensive than coffee pods. Consumers still favor traditional coffee products in highly populous countries like India, China, Indonesia, the Philippines, Japan, and Nigeria. This is so that they can make more cups of coffee than a package of coffee pods while also being more effective. Therefore, it becomes crucial for the players to lower the cost of coffee capsules and pods in order to draw customers from developing countries.
Distribution challenges
Adverse effects of coffee pods on Environment
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.
Incorporation of technological and packaging innovations: Players are able to launch new coffee pods and capsules due to shifting consumer demand for these products and advancements in packaging. The popularity of other coffee options like instant coffee and RTD coffee puts a serious threat to coffee pods and capsules. The introduction of technologically innovative products by numerous new vendors has started.
Increasing coffee consumption among millennials
Increased adoption of sustainable manufacturing by vendors
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 :
Luigi Lavazza SpA
The J.M Smucker Co.
Nestle SA
Keurig Dr Pepper Inc.
JDE PEETs NV
Starbucks Corp.
McDonald Corp.
Emeril Lagasse Foundation
Coffee Capsules Inc.
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
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global coffee pods and capsules market 2017 - 2021
4.2 Product Segment Analysis 2017 - 2021
4.3 Type Segment Analysis 2017 - 2021
4.4 Geography Segment Analysis 2017 - 2021
4.5 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Product
6.1 Market segments
6.2 Comparison by Product
6.3 Capsule and plastic cup-based coffee pods - Market size and forecast 2022-2027
6.4 Foil and paper-wrapped coffee pods - Market size and forecast 2022-2027
6.5 Market opportunity by Product
7 Market Segmentation by Type
7.1 Market segments
7.2 Comparison by Type
7.3 Coffee capsules - Market size and forecast 2022-2027
7.4 Coffee pods - Market size and forecast 2022-2027
7.5 Market opportunity by Type
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 Europe - Market size and forecast 2022-2027
9.4 North America - Market size and forecast 2022-2027
9.5 APAC - Market size and forecast 2022-2027
9.6 Middle East and Africa - Market size and forecast 2022-2027
9.7 South America - Market size and forecast 2022-2027
9.8 US - Market size and forecast 2022-2027
9.9 France - Market size and forecast 2022-2027
9.10 Germany - Market size and forecast 2022-2027
9.11 Italy - Market size and forecast 2022-2027
9.12 Canada - Market size and forecast 2022-2027
9.13 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Bestpresso Inc.
12.4 Coffee Capsules Inc.
12.5 Coffee Day Enterprises Ltd.
12.6 Emeril Lagasse Foundation
12.7 Inspire Brands Inc.
12.8 JDE PEETs NV
12.9 Keurig Dr Pepper Inc.
12.10 Luigi Lavazza SpA
12.11 McDonald Corp.
12.12 Nestle SA
12.13 Starbucks Corp.
12.14 The J.M Smucker Co.
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
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Contact
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