*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Philippines Coffee and Tea Capsules Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
The Philippines coffee and tea capsules market is expanding at moderate rate. Beverage capsules are gaining traction as they are easily available in the form of single-serve pods or twin packs, which provide one or two servings of an instant beverage. They contain brewed milk, coffee or ground tea leaves and their packaging is manufactured by using plastic and aluminum. These capsules are mainly used in coffee and tea vending machines that are installed at residential or commercial locations. The burgeoning e-commerce sector, along with the improving distribution network through several retail channels, is catalyzing the demand for coffee and tea capsules in the Philippines.
Nowadays, beverage capsules are largely appealing to the masses in the Philippines as they save time and provide convenience during preparation. Moreover, tea is widely preferred due to numerous health benefits associated, which includes strengthening immune system and enhancing digestion process. On the other hand, coffee is preferred by teenagers and adults as it boosts energy levels. This, in confluence with the on-the-go lifestyles, has resulted in the increasing acceptance of coffee and tea capsules among consumers in the country. Consequently, the consumers are willing to invest in coffee machines that can prepare barista-like coffee at their homes, which, in turn, is propelling the market growth.
The government of the Philippines has been promoting healthy lifestyle choices, which is leading to the increasing incorporation of beneficial tea variants in everyday diets as well as the growing number of tea salons in the country. Some of the factors that are anticipated to impel the market growth during the upcoming years include increasing fast-food chains, thriving e-commerce industry, growing influence of social media and the rising demand for takeaways and ready-to-consume beverages. Owing to these factors, IMARC Group expects the market to experience moderate growth during the forecast period (2020-2025).
The competitive landscape of the coffee capsules market has been examined with some of the key players being Coffee Planet LLC, Nespresso Philippines, Nescafé Dolce Gusto, PODiSTA, Illy S.p.A., Luigi Lavazza S.p.A., Di Stefano, Coffee Bean & Tea Leaf, The Vault and K-Cups Drinks Enterprises. On the other hand, some of the leading tea capsule players operating in the market include Nestle Dolce Gusto, Keurig Dr Pepper Inc., Coffee Bean & Tea Leaf and K-Cups Drinks Enterprises.
Key Questions Answered in This Report:
How has the Philippines coffee and tea capsules market performed so far and how will it perform in the coming years?
What are the various stages in the value chain of the market?
What are the key driving factors and challenges in the market?
What is the structure of the market and who are the key players?
What is the degree of competition in the market?
How are coffee and tea capsules manufactured?
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology 3 Executive Summary
4.2 Key Industry Trends 5 Philippines Coffee, Tea and Milk Powder Market
5.1 Market Overview
5.2 Philippines Coffee Market
5.2.1 Current and Historical Performance
5.2.2 Market Forecast
5.3 Philippines Tea Market
5.3.1 Current and Historical Performance
5.3.2 Market Forecast
5.4 Philippines Milk Powder Market
5.4.1 Current and Historical Performance
5.4.2 Market Forecast 6 Philippines Coffee and Tea Capsules Market
6.1 Market Overview
6.2 Philippines Coffee Capsules Market
6.2.1 Current and Historical Performance
6.2.2 Market Forecast
6.2.3 Key Players
6.3 Philippines Tea Capsules Market
6.3.1 Current and Historical Performance
6.3.2 Market Forecast
6.3.3 Key Players
6.4 SWOT Analysis
6.5 Value Chain Analysis
6.5.2 Research and Development
6.5.3 Raw Material Procurement
6.6 Porters Five Forces Analysis
6.6.2 Bargaining Power of Buyers
6.6.3 Bargaining Power of Suppliers
6.6.4 Degree of Competition
6.6.5 Threat of New Entrants
6.6.6 Threat of Substitutes 7 Consumer Habits in Philippines
List of Figures
Figure 1: Philippines: Tea and Coffee Capsule Market: Major Drivers and Challenges
Figure 2: Philippines: Coffee Market: Sales Value (in Million US$), 2015-2019
Figure 3: Philippines: Coffee Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 4: Philippines: Tea Market: Sales Value (in Million US$), 2015-2019
Figure 5: Philippines: Tea Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 6: Philippines: Milk Powder Market: Sales Value (in Million US$), 2015-2019
Figure 7: Philippines: Milk Powder Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 8: Philippines: Coffee Capsules Market: Sales Value (in Million US$), 2015-2019
Figure 9: Philippines: Coffee Capsules Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Philippines: Tea Capsules Market: Sales Value (in Million US$), 2015-2019
Figure 11: Philippines: Tea Capsules Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Philippines: Coffee and Tea Capsules Industry: SWOT Analysis
Figure 13: Philippines: Coffee and Tea Capsules Industry: Value Chain Analysis
Figure 14: Philippines: Coffee and Tea Capsules Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Philippines: Tea, Coffee and Milk Powder Market: Key Industry Highlights, 2019 and 2025
Table 2: Philippines: Tea and Coffee Capsules Market: Key Industry Highlights, 2019 and 2025
Table 3: Philippines: Coffee Capsules Market: Key Players
Table 4: Philippines: Tea Capsules Market: Key Players