NEXE Innovations Inc. launched its premium espresso pods in the U.S. and Canada at nexecoffee.com. This is the first NEXE-branded coffee product that the company is introducing into the single-serve coffee pod market that is currently valued at more than $25 billion annually, the company says, citing a Mordor Intelligence report. Approximately 56 billion coffee pods are consumed each year, which end up in the landfill and can take up to 500 years to decompose, the company notes, citing a Newstalk.com article. NEXE has invested more than six years into research and development to create its proprietary and fully compostable coffee pod. The new Nespresso compatible pod breaks down in as little as 30 days, the company says. The NEXE pods are compatible with the Nespresso OriginalLine machines and are manufactured and packaged in the company's operations plant.