Albany, NY -- (SBWIRE) -- 08/01/2017 -- The global coffee market is growing at a moderate rate at a CAGR of 5.93%, as coffee is the most consumed beverage by volume and high demand for coffee globally is the reason for the market growth. Increased awareness of the health benefits of coffee, innovations in terms of flavors, variety, price, formats, and convenience; and increase in urbanization are other factors driving the global coffee market. Also, the increasing demand for coffee is a result of growing awareness among consumers about the harmful effects of carbonated soft drinks. Despite high sugar content in many coffee beverages, consumers in the US still perceive it to be healthier and lower in calories than other carbonated drinks. The emergence of premium coffee products with less preservatives further solidifies the perception among consumers regarding the healthiness of the product. However, rising prices of the raw materials such as sugar and coffee beans act as a threat to the market and limit the profit margin of the players.
The global coffee pods market to grow at a CAGR of 9.55% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global coffee pods market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of coffee pods.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavio's report, Global Coffee Pods Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
- Nestle
- Kraft Foods
- LUIGI LAVAZZA SPA
- Keurig Green Mountain
Other prominent vendors
- Coffechino
- DUNKIN' DONUTS
- ETHICAL COFFEE COMPANY
- The Folger Coffee Company
- Gloria Jean's Coffees
- Jacobs Douwe Egberts
- Melitta coffee pods
- Seattles Best Coffee
- STARBUCKS
Market driver
- Convenience and time-efficiency of the single serving coffee pods is the driving factor for the growth of the market
- For a full, detailed list, view our report
Market challenge
- Environment factors associated with coffee pods
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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