The components of the 6th level spell find the path are the following:
V, S, M (a set of divinatory tools - such as bones, ivory sticks, cards, teeth, or carved runes - worth 100 gp and an object from the location you wish to find)
It seems to me that only the divinatory tools are worth 100 gp, and if so, since the object from the location the caster wishes to find is not consumed during the casting, then it can be substituted with a component pouch.
Is this an accurate reading? Or is the 2nd material component still a requirement?
The main point of confusion here is that the component pouch couldn't possibly contain an object from any conceivable location I wish to find, including another plane of existence. This is because of the description of the component pouch in PHB 151.
Component Pouch. A component pouch is a small, watertight leather belt pouch that has compartments to hold all the material components and other special items you need to cast your spells, except for those components that have a specific cost (as indicated in a spell's description).
Another red flag was that in the 91st episode of Critical Role, one of the players seemed to be under the impression that they needed a piece of an underground prison in Dis to actually find the prison via this spell. While the confusion happened among the players and not the DM, their (possible) misconception has confused me a bit.