PUBLISHER: KBV Research | PRODUCT CODE: 1450516
PUBLISHER: KBV Research | PRODUCT CODE: 1450516
The Latin America, Middle East and Africa Coffee Pod Market would witness market growth of 11.1% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 16,318.41 thousand units, showcasing a growth of 11.2% (2023-2030).
The coffee industry has undergone a remarkable transformation with the advent of these pods, redefining how individuals brew and enjoy their daily caffeine fix. The market has witnessed unprecedented growth driven by convenience, customization, and sustainability. The adoption of these pods can be attributed to the rise of single-serve convenience. Modern lifestyles, marked by hectic schedules and on-the-go dynamics, have fueled the demand for brewing solutions that are quick, hassle-free, and tailored to individual preferences.
In addition, the primary application of these pods is in home brewing, where they have sparked a revolution in how individuals experience and engage with their morning rituals. Home users value the simplicity of pod-based brewing, eliminating the need for intricate setups and extensive preparation. The variety of flavors and blends caters to diverse household preferences, making these pods essential. The hospitality industry has embraced these pods as a convenient and consistent solution for in-room coffee amenities. Hotels, resorts, and serviced apartments provide guests with these pod machines, offering a premium coffee experience without needing elaborate in-room setups or professional baristas.
The food service industry in Brazil is currently undergoing expansion, which has resulted in a discernible change in consumer inclinations towards quick-service and convenient alternatives. These pods offer a convenient and time-efficient way to prepare coffee, making them an attractive choice for both consumers and businesses in the food service sector. Additionally, as per the data given by the Government of Canada, in 2020, the United Arab Emirates was the second-largest foodservice industry in the Arab Gulf Cooperation Council (GCC) region, trailing Saudi Arabia by US$ 13.8 billion. In 2020, foodservice sales through retail constituted the largest channel sector in the UAE, with a food sales value of US$ 4.9 billion, representing 47.2% of the total distribution channel share. Thus, the rising food service sector in the LAMEA region will boost the demand for these pods in the upcoming years.
The Brazil market dominated the LAMEA Coffee Pod Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $41.9 million by 2030. The Argentina market is showcasing a CAGR of 12% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 10.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA 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)