PUBLISHER: KBV Research | PRODUCT CODE: 1450514
PUBLISHER: KBV Research | PRODUCT CODE: 1450514
The Europe Coffee Pod Market would witness market growth of 7.7% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 33,788.27 thousand units, showcasing a growth of 7.5% (2019-2022).
Flavor diversity and customization continue to drive innovation in the market. Manufacturers constantly introduce new and unique flavors, blends, and coffee origins to cater to diverse consumer preferences. Customization features, including adjustable brewing parameters, allow users to tailor their coffee experience perfectly. Manufacturers are pushing the boundaries of flavor possibilities by introducing unique and innovative blends. These blends may incorporate diverse coffee varieties, roast profiles, and flavor infusions, offering consumers a broader spectrum of taste experiences beyond traditional coffee flavors.
Additionally, innovation is a cornerstone of the market, with manufacturers continuously exploring new technologies and approaches to enhance the brewing experience. Several notable innovations have shaped the market and contributed to its resilience and growth. Its systems have embraced advanced brewing technologies to achieve precision and consistency. Innovations in temperature control, pressure regulation, and water distribution contribute to optimizing the extraction process, ensuring that each pod delivers a high-quality cup of coffee.
As more people in the United Kingdom embrace online shopping, the market stands to benefit from increased accessibility. E-commerce platforms offer consumers the convenience of ordering products from the comfort of their homes. This is particularly appealing for consumables like coffee pods. E-commerce platforms provide a platform for a diverse range of its brands and flavors to reach consumers. This assortment appeals to a more extensive clientele by accommodating diverse interests and preferences. As per the International Trade Administration, consumer e-commerce now represents 30% of the UK's overall retail sector (up from 20% in 2020), and its yearly sales exceed $120 billion. In 2021, 82% of people in the UK made at least one online purchase. Hence, the growing e-commerce trends and food service sector will lead to the expansion of the regional market.
The Germany market dominated the Europe Coffee Pod Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $157.9 million by 2030. The UK market is exhibiting a CAGR of 6.8% during (2023 - 2030). Additionally, The France market would experience a CAGR of 8.5% during (2023 - 2030).
Based on Caffeine Concentration, the market is segmented into Caffeinated, and Decaffeinated. Based on End Use, the market is segmented into Commercial, and Residential. Based on Flavor, the market is segmented into Chocolate, Hazelnut, Caramel, and Others. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Online Channel, Specialty Stores, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Coffee Pod Market Report Segmentation
By Caffeine Concentration (Volume, Thousand Units, USD Billion, 2019-2030)
By End Use (Volume, Thousand Units, USD Billion, 2019-2030)
By Flavor (Volume, Thousand Units, USD Billion, 2019-2030)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2019-2030)
By Country (Volume, Thousand Units, USD Billion, 2019-2030)