For many of us, our morning cup of coffee is the first thing we think about when we wake up. But sometimes, you don’t want to go through all the effort of making a full pot of coffee for one person. You want and maybe even need to have a cup in your hands as soon as possible. And, with the invention of K-Cups® making coffee takes minimal effort.
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Each day, U.S. citizens consume 400 million cups of coffee. Individually, an American coffee drinker consumes about three cups of coffee per day. These numbers add up, considering about 150 million Americans are avid coffee drinkers. Drinking three cups of coffee daily keeps Americans within the U.S. Food and Drug Association (FDA) recommended caffeine limit of 400 milligrams per day, which amounts to about four cups of regular coffee.
K-Cups® are one of the easiest ways to make a cup of coffee. Having a fresh and delicious cup of coffee takes a few minutes. Did you know that over 25 million Keurig K-Cup® brewers are installed in homes and offices across the U.S.?
It’s true; people like their coffee quick and easy in the morning. There are many benefits to using K-Cups®, but the main appeal is the ease of making a single serving of coffee without all the mess or brewing a whole pot for one person.
Because of this, the K-Cup® industry is only bound to grow. In this post, we’ll discuss the growth of K-Cup® usage, why single-serve coffee grew from 2021 to 2023, and what the K-Cup® industry looks like now. (Promo: pcckcup5)
THE GROWING SINGLE-SERVE COFFEE INDUSTRY
The K-Cup® market is undeniably growing, but why? Specifically, why has K-Cup® usage increased so much last few years?
More than ever, people are making single-serve coffee for themselves at home. Since the large shift to remote working, many people no longer had a reason to stop at their favorite coffee shop on the way to work and decided to make it themselves. And what’s the easiest way to make coffee at home? With a Keurig, of course.
Approximately 42% of American households own a Keurig, and in 2023, consumption is expected to surpass 140 billion K-Cups® annually. The K-Cup® market is rising and doesn’t look like it will stop anytime soon. Peacemaker Coffee product offerings to include K-Cups®. (Promo: pcckcup5) Use the $5 off promo code at checkout. Use the link and code.
WHAT DOES THE FUTURE OF THE K-CUP® INDUSTRY LOOK LIKE?
The future of the K-Cup® industry is bright. The United States coffee pods and capsules market is projected to grow at a compound annual growth rate of 9.1% between 2021 and 2025. The coffee pod industry was valued at $50.07 billion in 2022, and it’s projected to grow even more.
Experts predict the K-Cup® industry will continue to grow because of the increase in at-home single-cup coffee usage. There’s a reason why it seems like every coffee shop now sells its coffee in bags or K-Cups®: They had to compete with K-Cup® market growth.
The growth of single-serve coffee is due to quality, efficiency, and a wide range of coffee choices. Consumers who make coffee at home are more likely to buy coffee machines compatible with K-Cups®, thus contributing to the growth of K-Cup® usage. Coffee pods are desirable essentially because they are easy and quick to use, but you still get good coffee from them.
However, with the growth of K-Cup® usage also comes an increased demand for sustainable and organic practices. Despite the sudden growth, sustainability is still important for buyers and retailers, and organic is now necessary. Consumers also want higher-quality coffee in their K-Cups®, with coffee selected from various origins.
So, is K-Cup better than drip coffee?
As we’ve explored, both coffee production methods have unique advantages and disadvantages. K-Cup is better when you want one fresh cup of coffee for one, while drip coffee is a good way to make a lot of coffee for more than two. So, with both coffee production methods having perks, it’s up to you to choose which coffee is right for you.
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