Global Coffee Pods Market Is Projected To Expand At A CAGR Of 2% During The Forecast Period 2022-2032
A recent study published by Fact.MR states that the coffee pods market is likely to envisage a steady 2.2% value CAGR during the forecast period 2018-2026. The coffee pods market is likely to witness a moderate rise in sales to surpass 14,578,000 (000’ Units) by 2018. The moderate growth rate of the coffee pods market is likely to continue throughout the forecast period, with mushrooming coffee chains offsetting some of the sluggishness. The Fact.MR study covers the entire macroeconomic and microeconomic spectrum influencing the coffee pods market.
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Segmentation
Segmentation based on the most attractive sites of the coffee pods market has been provided in the form of a segmentation table in the report.
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Global Coffee Alliance to Change the Standing of Coffee Pods Market
The Global Coffee Alliance was formed between Nestlé S.A. and Starbucks in Consumer Packaged Goods (CPG) and Foodservice. Nestlé S.A. gained the rights to market, sell, and distribute Starbucks packaged coffee and tea in all at home and away-from-home channels. The popularity of Starbucks BY NESPRESSO coffee pods for the coffee at home has been boosted since this partnership. The Global Coffee Alliance has positively affected the growth of both the companies. Nestlé S.A. has projected to reach their beneficiary targets a year earlier than previous estimates. The coffee pods from Starbucks and Nestlé S.A. are part of the Consumer Packaged Goods part of the partnership. The companies are reported to have gained an exponential increase in the sales of the shared products.