Coffee Pods Market Scope
Coffee pods are likewise known as coffee pads, and look equivalent to a teabag, with the exception of that they are round fit and they work the same way as a tea sack. Coffee pods need a sluggish and slow pressing factor, a near trickle framework to brew. Due to the sensitive nature of the material the ground Coffee is encased in, it's dangerous to attempt to mix the Coffee inside in a high pressing factor, as the sack might explode and leave choosing coffee beans from a cuppa. The benefits of the coffee pods are they make exquisite coffee without the need for specialist barista training, it stays fresher for longer, are time-efficient, and have less cleaning and less waste.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Dunkin' Brands Group Inc. (United States), illycaffe Spa (Italy), JAB Holding Co. (Luxembourg), Luigi Lavazza (Italy), Maxingvest AG (Germany), Melitta Group Co. (Germany), Nestle SA (Switzerland) and Starbucks Corp. (United States) |
CAGR | % |
The leading players in the market are focusing on the development of new launches and increase the market share with an increase in the competition in the market. Also, companies are making new strategic partnerships and collaborations with small companies to expand their business operation limits. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Coffee Pods market throughout the predicted period.
Dunkin' Brands Group Inc. (United States), illycaffe Spa (Italy), JAB Holding Co. (Luxembourg), Luigi Lavazza (Italy), Maxingvest AG (Germany), Melitta Group Co. (Germany), Nestle SA (Switzerland) and Starbucks Corp. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are The J.M. Smucker Co. (United States) and The Kraft Heinz Co. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Coffee Pods market by Type and Region with country level break-up.
On the basis of geography, the market of Coffee Pods has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In January 2024, MPearlRock, an investing vehicle recently formed between Kroger’sKR PearlRock Partners and alternative asset manager MidOcean Partners, has made its first acquisition of dairy-free coffee creamer Nutpods from VMG Partners for an undisclosed sum.
In Feb 2020, Keurig Dr. Pepper, Inc. (KDP) announced that it has entered into a long-term, strategic agreement with Nestlé USA (Nestlé) to manufacture and distribute Starbucks branded packaged coffee in K-Cup® pods in the U.S. and Canada. The new agreement with Nestlé, which acquired the rights in August 2018 to market and distribute Starbucks CPG and Foodservice products globally, outside of Starbucks coffee shops, will replace the existing K-Cup® pod agreement between KDP and Starbucks Corporation (Starbucks) following a transition period.
Influencing Trend:
Changing lifestyle of the people in developing countries and The growing popularity of instant non-alcoholic beverages such as coffee in restaurants and office cafeterias
Market Growth Drivers:
Increase in consumption of coffee across the globe and Rising use of the coffee pods
Challenges:
Reduce the fake coffee pod product selling in the market
Restraints:
High cost of the coffee pods and Availability of substitutes in the market
Opportunities:
Development and launch of the new product that attracts customers and Increase the demand for coffee pods in emerging countries
Key Target Audience
Industry Associations, Government Regulatory Authority, Coffee Suppliers and Food Provider Organizations