Fior Markets launched a study titled “Global Coffee Pod and Capsule Market by Product Type (Coffee Capsules, Coffee Pods), Application Type (Coffee Beans, Coffee Powder), Material (Conventional Plastic, Others), Region Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025.”
The global coffee pod and capsule market is expected to grow from USD 15.23 Billion in 2017 to USD 29.2 Billion by 2025 at a CAGR of 8.5% during the forecast period from 2018-2025. Expanding installation of coffee machines and increasing number of coffee bars and high consumption of coffee consumption among millennial are some factors affecting the demand of the market.
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The coffee capsules segment held the largest market share of 63.10% in 2017
The product type segment is classified into coffee capsules and coffee pods.The coffee capsules segment is estimated to lead the coffee pod and capsule market in 2017. Coffee capsules have gained high popularity among consumers in recent years due to increase in demand for instant non-alcoholic beverages. Coffee capsules are preferred by coffee makers owing to its convenience, ease of use and wide variety of coffee products and machines.
Coffee powder segment valued around USD 9.01 Billion in 2017
Application type segment is divided into segments such as coffee beans and coffee powder. The coffee powder segment is dominating the market with the share in 2017. Coffee beans segment is dominating the market it can be easily brew, and doesn’t require any extra time, skills or equipment. They are conveniently found in every local supermarket.
The bioplastics segment held the largest market share of 39.20% in 2017
Material segment includes conventional plastic, bioplastics, fabric and others. The bioplastics segment is dominating the market in 2017. Bioplastics are plastics made of renewable resourcesand acts as an environmental friendly alternative over petroleum-based plastics
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Regional Segmentation Analysis:
The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. Asia Pacific held the largest market share of approximately42.20% in 2017.The EMEA market accounted for the largest share in the coffee pod and capsule market. Europe are expanding their collection of single-serve methods (such as coffee pods and capsules), dominated by Nespresso, Keurig Green Mountains and JDE. The market for fresh ground coffee pods has observed a significant rise in sales since 2016.
The major players of market include Coffee Pod and Capsule market are Nestle, Acron Holdings, Kraft Foods, Dunkin Brands, Lavazza A Modo Mio, Starbucks, Gloria jean’s Coffees
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