Single Serve Coffee Market Size, Share, Growth, and Industry Analysis, By Type (8 Oz, 10 Oz,12 Oz & More than 12 Oz), By Application (E-Commerce & Boutiques) and Regional Forecast to 2032

SINGLE SERVE COFFEE MARKET REPORT OVERVIEW

The global Single Serve Coffee Market size expanded rapidly XX in 2023 and the market is projected to grow substantially XX by 2032, exhibiting aprodigious CAGR XX during the forecast period.

Single-serve coffee has grown to be quite popular in the recent past since consumers and customers enjoy the ease of use as well as the variety. One-cup coffee makers enable people to brew coffee one cup at a time with a variety of flavors and blends that do not require some elaborate brewing techniques. This market has been driven by major brands like Keurig and Nespresso, which have come up with variant pods and machines that meet people’s different palates. This trend may be observed as an evolution to individual and flexible consumption patterns as part of the overall changes in people’s lifestyles and the development of technologies. Over time, the market of coffee services and products often remains popular among workers and newcomers, rooting new players who would like to take advantage of the popularity of a cup of coffee for speedy and tailored to taste.

COVID-19 Impact: Market Growth by Pandemic due to higher home coffee consumption

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The COVID-19 outbreak was beneficial to at least the single-serve coffee market since there is a tendency for communication and learning from home. Due to cafe and restaurant closures or more limited business, consumers looked for easy and good-quality coffee; therefore, single-serve machines and pods were sold more. Observably, the COVID-19 period has amplified the rate of home consumption of coffee, pushing growth in the market through convenience and diversity. This change has ensured that consumers continue to purchase the products and demonstrates the apprehensive nature of the single-serve coffee segment even in the toughest of markets.

LATEST TRENDS

"Growing demand for eco-friendly coffee pods drives market growth"

A relatively new tendency revealed in the sphere of single-serve coffee is people’s desire to obtain environmentally friendly products. Coffee pod consumers are now aware of the disposability issue involving coffee pods, and as a result, companies have resorted to coming up with ones that can be recycled or are biodegradable. This concern of sustainability has led to the advancement in the type of materials used in packaging, as well as the kind of pods employed in the service of consumers, as the world shifts towards environmentally sustainable ways of consumption. Furthermore, there is a rise in the choice of brand and product differentiation with the type of coffee sold, including the type that is organically grown and sourced.

SINGLE SERVE COFFEE MARKET SEGMENTATION

By Type

Based on type the global market can be categorized into 8 Oz, 10 Oz,12 Oz & More than 12 Oz

• 8 Oz The single-serving, eight-ounce category is also famous for maintaining the standards of drip coffee and is also the most suitable for a large number of coffee mugs. The present segment targets people who are interested in usual servings of coffee, urging no overdosage that often comes with its use. It is small, which is suitable for those who want a cup of coffee without the added features.
• 10 Oz Coming in at 10 oz, this segment contains a slightly greater amount of coffee, but not so much as to be overwhelming. This size is preferred by those who like to have more volumes in the cup but still do not want to sacrifice the quick and effortless movement. This size falls in between the usual small cup size and the large cup size, and it can suit most persons.
• 12 Oz The 12 oz segment focuses on consumers who seek to have a larger portion of coffee, which is characteristic of the American way of consumption. This size is suitable for those who want their coffee to be more intensive or just wake up with a cup of strong coffee. This is consistent with the general theme of bigness while coming in single-serving containers.
• More than 12 Oz The “more than 12 oz” is a segment for extra-big size that can be served in a travel mug, or for the drinkers who can sip coffee for a long time. This size is preferred by people who wish their coffee to last longer or wish to share it with someone. It answers the need for such a format and the desire to have a coffeehouse experience in the comfort of one’s home.

By Application

Based on application the global market can be categorized into E-Commerce & Boutiques.

• E-Commerce: The e-commerce segment in single-serve coffee has increased rapidly due to increased convenience and availability for different consumers. Customers are in a position to make a comparison on the different products, read more on the specific products, and subscribe for the supplies, making it easier for them. This channel has emerged to be very crucial, especially because of issues such as working from home and shifting consumer behavior.
• Boutiques: Boutiques present the image of singular, single-serve coffee-focused specialty stores to provide professional consultation and unique goods. These outlets are considered to individually offer premium coffee brands and special types of coffee to their clients. The boutiques also entail chances to allow customers to sample the products before purchasing them to improve the level of customer engagement.

DRIVING FACTORS

"Convenience and simplicity drive market growth in single-serve coffee."

The market that has been steadily growing in the category of single-serve coffee is due to the aspect of convenience that these products depict. Customers love the simplicity of instantly enjoying a cup of their preferred coffee without novelties and without making a mess when cleaning the device. This attribute correlates with flexibility that is fitting into people's busy lives, which is why products that are single-serving are appealing to producers and resulting growth in Single Serve Coffee Market.

"Innovation in flavors and equipment drives market growth in coffee "

Another factor that is driving the single-serve coffee industry is the innovation that is evident in the types of coffee flavors and brewing equipment. Manufacturers keep on coming up with various mixtures of burgers and exotic types and advancements in machines that make the burgers. This adds a variety of consumers who are aiming for a unique and customized coffee brand that can imitate café type from their homes.

RESTRAINING FACTORS

"Environmental concerns limit market growth for single-serve coffee products"

A threat or a strong limiting factor affecting the single-serve coffee business is the environmental effects of the used coffee cups that are single-use products and most end up in the dumps. Nonetheless, consumers have continued to express their worry about the sustainability of products on the market despite the innovations in producing recyclable and biodegradable products. This environmental issue becomes a concern to the development of the market since it gives an attitude shift among the environmentally conscious consumer, dissuading them from products such as the single-serve products.

SINGLE SERVE COFFEE MARKET REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"North America's strong coffee culture drives significant market growth"

Currently, North America holds the largest Single Serve Coffee market share as it consumes single-serve coffee more than any other region and has a very great culture for coffee. The consumers in the region care about convenience and quality of the products, and single-serving coffee brewing machines are associated with these advantages. Organizations such as Keurig and Nespresso have top-of-mind awareness and established channels of distributing their products, hence laying a strong foundation in the market. Also, the shift to brewing from the home, caused by the COVID-19 breakout, enhances the growth of the single-serve coffee market in North America.

KEY INDUSTRY PLAYERS

"Leading brands' innovations and strategies boost market growth significantly"

As mentioned earlier, leading players such as Keurig, Dr. Pepper, and Nestlé are spearheading the single-serve coffee market through new product development and partnership strategies. This remains the case since they add new products to their ranges with different flavors and use environmentally friendly pods in preparation of their brew. Their strategic marketing and global distribution channels also complement the brands’ visibility and market invasion, consequently boosting the overall industry growth.

List of Market Players Profiled

• Sunbeam Products, Inc. (US)
• Krups GmbH (Germany)
• JURA Elektroapparate AG (Switzerland)
• Keurig Green Mountain, Inc. (US)
• LUIGI LAVAZZA SPA (Italy)

INDUSTRIAL DEVELOPMENT

July 2024: Keurig Dr Pepper launched the *“Keurig K-Supreme SMART”* coffee maker, featuring new BrewID technology that personalizes each cup of coffee based on the user’s preferences. This development enhances the single-serve coffee experience by adjusting brew settings for optimal flavor and strength, reflecting a significant advancement in consumer convenience and customization.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.