Global Coffee Pods Market – Introduction
- Coffee pods are round pods placed in a filter to brew coffee. Coffee pods are packed in single doses and the roasted ground coffee is measured and pressed within two sheets of paper. It contains 7 gram of coffee on an average. Coffee pods are also known as coffee pads. It looks very similar to tea bags, except that tea bags are round in shape.
- Most people are practicing home isolation due to COVID-19. This has resulted in rapid increase in consumption of coffee pods at home. It has also increased online sale of coffee pods, and the trend is likely to continue during the forecast period.
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Increase in research & development activities and launch of new flavors projected to drive the demand for coffee pods
- Rapid increase in investment on research & development on coffee pods is projected to drive the demand for coffee pods in the near future. Increase in usage of coffee pods at cafes, hotels, restaurants etc. and launch of new flavors of coffee pods is set to increase the overall sale of coffee pods during the forecast period. Rise in demand for instant non-alcoholic beverages is also projected to be one of the prominent reasons for the growth of this market.
Rise in sale of coffee pods through e-commerce websites to create new opportunity for coffee pods producers
- Increase in trend of selling coffee pods and other coffee products through online distribution channels, especially on company-owned websites and e-commerce websites across the globe is anticipated to create immense opportunities for manufacturers and distributors of coffee pods in the near future. Manufacturers and suppliers also offer attractive discounts and exclusive offers and schemes to drive the sale of products such as coffee pods on e-commerce portals etc.
Europe Considered to be the Largest Market for Coffee Pods
- Geographically, the global coffee pods market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
- Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. The country-level analysis and forecast for the Europe market covers the coffee pods market in U.K., Germany, France, and Rest of Europe. The country-level analysis and forecast for the Asia Pacific market includes the major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast for the coffee pods market includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America coffee pods market is categorized into Brazil, and Rest of South America.
- Europe accounted for major share of the global coffee pods market in 2019. The market in Europe is anticipated to grow at a moderate rate during the forecast period due to introduction of new coffee formulations and launch of new flavors, which is projected to drive the market in the region.
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Key Players Operating in the Coffee Pods Market
Prominent coffee pods companies are projected to face tough competition during the forecast period. Brands such as Keurig Green Mountain, Inc., Nespresso S.A., Dunkin Brands, and Melitta USA are investing heavily on research & development to create new formulations of coffee pods and launch new range of innovative products into the market. Companies are spreading awareness and conducting promotional drives to increase the demand for coffee pods in emerging economies of the globe.
Some of the key players operating in the global coffee pods market include:
- Keurig Green Mountain, Inc.
- Nespresso S.A.
- TASSIMO
- SENSEO
- Dolce Gusto
- Melitta USA
- Dunkin Brands
- Community Coffee Company
- Peet’s Coffee
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