Coffee Pods Market Forecast to 2026: Technology Trends and Market Size

Posted by Arslan on September 18th, 2019

Fact.MR has published a new research report on global coffee pods market sizes, upcoming industry trends and growth opportunity through 2018-2026 to its online database that tries to unveil the various scenarios prevailing in the coffee pods market. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the coffee pods market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers.

Coffee pods continue to gain significant traction, with coffee machines becoming one of the most commonly used kitchen appliances worldwide. However, high environmental footprint of used coffee pods that end up in landfills has remained a major concern in the market among manufacturers and regulatory bodies alike. This, coupled with increasing load of plastic waste, which further tugs on concerns of environmental agencies, has led relevant governing bodies to impose strict regulations associated with plastic waste management. These regulations are likely to pose a significant impact on salient trends in the coffee pods market. Additionally, government proposals for ban on non-degradable coffee pods, in regions such as North America and Europe, for curtailing the plastic waste and their abuse on landfills, are likely to create significant challenges for coffee pods manufacturers. Prominent players in the coffee pods market are therefore shifting their focus toward sustainability through development of compostable coffee pods, to gain a competitive edge amidst changing dynamics in the coffee pods market.

According to the United States Department of Agriculture (USDA), coffee production across the globe, which was estimated at over 170 Mn bags in the year 2017-18, is pegged to increase by 11.4 Mn bags in the year 2018-19. In addition, the International Coffee Organization states that the worldwide coffee consumption increased from 152 Mn bags in 2014 to over 160 Mn bags in 2017. Such rapid growth in production and consumption of coffee has meant that coffee pods sales have witnessed a significant rise, and the status quo is likely to prevail in the forthcoming years.

Coffee Pods Sales to Grow in Parallel to Rapid Expansion of Coffee Chains

Coffee bars are witnessing an increased footfall worldwide, which is leading coffee pod manufacturers to accrue profits through heightened sales of pod coffee machines and coffee pods. Leading coffee chains are now installing more facilities worldwide to leverage rising consumer interest toward spending their leisure time in coffee outlets and cafes. An exemplary case is of Starbucks Corporation, which grew from 19,767 stores in 2013 to 28,720 stores worldwide in a span on just five years. With more Millennials opting for traditional coffee shop experience, supply and demand trends of coffee pods will continue to trace an upward trajectory in the near future.

Compostable or Recyclable Coffee Pods Delineate a Predominant Market Trend

Development of degradable and reusable coffee pods is likely to remain a surging trend, with increasing number of environment-conscious consumers and stringent regulations imposed by governing bodies. Significant R&D investments being made by leading coffee pods manufacturers to discover eco-friendly materials for the development of degradable & reusable coffee pods are likely to favor growth of the coffee pods market. Recent launch of 100% compostable coffee pods by The Eden Project, Bewley’s, and Co.ind s.c., in Europe is a key example of such developments by players in the coffee pods market.

Coffee pods, also known as single-serve coffee containers, are packaged units containing coffee beans along with a filter. Coffee pods are designed for automatic coffee machines to brew coffee enough for a single portion and are gaining popularity in the coffee industry. Depending on the end-user needs associated with the types of roasted coffee, coffee pods contain dark, medium, or light coffee. Coffee pods are inserted in coffee pod machines to brew a single cup of coffee at a time.

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Market Segmentation

The report provides the detailed segmentation of the coffee pods market to cover all the aspects of growth prospects of the market. The analysis of each segment of the coffee pods market can help manufacturers, distributors, and other stakeholders to get clarity of the avenues of growth in the coffee pods market. The coffee pods market is segmented according to geographical regions, product type, caffeine content, roast type, flavor, and distribution channel. According to the geographical regions, the coffee pods market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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Arslan

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Arslan
Joined: December 18th, 2017
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