New Analysis from Global Industry Analysts Reveals Steady Growth for Coffee Pods, with the Market to Reach $49.1 Billion Worldwide by 2026
SAN FRANCISCO, Sept. 9, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Coffee Pods - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 1562
Companies: 42 - Players covered include Coffechino; Dunkin Donuts; Gloria Jean's Coffees International Pty. Ltd.; Jacobs Douwe Egberts B.V.; Keurig Green Mountain, Inc.; Luigi Lavazza SpA; Melitta North America, Inc.; Nespresso Club; Seattle's Best Coffee LLC.; Starbucks Coffee Company; The Folger Coffee Company; The Kraft Heinz Company and Others.
Coverage: All major geographies and key segments
Segments: Distribution Channel (On-Trade, Hypermarkets & Supermarkets, Convenience Stores, Other Distribution Channels); Type (Soft Coffee Pods, Hard Coffee Pods, Capsules)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Coffee Pods Market to Reach $49.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Coffee Pods estimated at US$35.3 Billion in the year 2020, is projected to reach a revised size of US$49.1 Billion by 2026, growing at a CAGR of 5.5% over the analysis period. Soft Coffee Pods, one of the segments analyzed in the report, is projected to record a 3.5% CAGR and reach US$15.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hard Coffee Pods segment is readjusted to a revised 5.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $11.2 Billion in 2021, While China is Forecast to Reach $8.7 Billion by 2026
The Coffee Pods market in the U.S. is estimated at US$11.2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.7 Billion by the year 2026 trailing a CAGR of 5.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 4.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.
Capsules Segment to Reach US$27 Billion by the year 2026
In the global Capsules segment, USA, Canada, Japan, China and Europe will drive the 6.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$14.5 Billion in the year 2020 will reach a projected size of US$23 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
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