Coffee pods and capsules are paper bags, plastic cups, or metal cups in which proportioned, powdered coffee is encapsulated. Coffee pods are convenient-to-use products that be used to prepare coffee for a single serving as well as multiple servings. The rising demand for organic coffee and flavored coffee among the coffee consumers is propelling the market players to add organic and flavored coffee pods in their product offerings.
Global coffee pods and capsules market has been segregated, by coffee type, into traditional, decaf, and others. The traditional segment is anticipated to lead the global coffee pods and capsules market during the assessment period due to the high availability and demand for traditional coffee. The global market for coffee pods and capsules has also been classified, by distribution channel, as store based and non-store based. The store based segment is anticipated to gain major share in the global coffee pods and capsules market due to the major availability of coffee pods and capsules in convenience stores.
Based on serving size, the global coffee pods and capsules market has been segmented into single serving, and multi-serving. The single serving segment gained the highest market share in 2017 owing to the high sales volume among the retail consumers.
Some of the key players in the global coffee pods and capsules market are
- Nestlé (Switzerland)
- LUIGI LAVAZZA SPA (Italy)
- Caffè d'Italia (Italy)
- Dualit Limited (UK)
- illycaffè S.p.A. (Italy)
- Keurig Dr Pepper Inc. (the US)
- Jacobs Douwe Egberts (the Netherlands)
- The J.M. Smucker Company (the US)
North America is also expected to garner a significant share in the global market. However, the regional market growth is anticipated to slow down as the region is reaching its maturity level. Asia-Pacific is expected to project the highest growth rate during the forecast period as market players are expanding their operations in the Asia-Pacific market.
On the basis of region, the global coffee pods and capsules market has been segmented into North America, Europe, Asia-Pacific, and RoW. Europe is anticipated to account for the largest revenue share in the global coffee pods and capsules market due to increasing consumption of coffee in the region.
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