(MENAFN- IMARC Group)
IMARC Group, a leading market research company, has recently releases report titled “Tea Pods Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032, ” The study provides a detailed analysis of the industry, including the global tea pods market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the tea pods market ?
The global tea pods market size reached US$ 5.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.41% during 2024-2032.
What are Tea Pods?
Tea pods provide a convenient and simple way to prepare a cup of tea. These compact capsules contain pre-measured tea leaves in a small filter and are designed to fit into compatible brewing machines. This allows for a quick and effortless brewing process, resulting in a fresh cup of tea in just minutes. Tea pods come in a variety of flavors, including classic black tea as well as various herbal and fruit-infused options. Additionally, tea pods are ideal for shared spaces like offices, as they allow individuals to enjoy a range of tea flavors without the need to make a whole pot. It's important to note, however, that these capsules are typically only compatible with specific brewing machines designed to extract the tea from the pod's contents. The convenience factor of these capsules is a significant advantage, especially for those who may not have the time or desire to prepare tea using traditional methods.
Request for a sample copy of this report:
What are the growth prospects and trends in the tea pods
The tea pods market is experiencing significant growth primarily due to increasing product demand, driven by the convenience and ease of use they offer. Additionally, the market is being boosted by the wide range of customization options available with these machines, including various flavors and strengths that cater to individual preferences. Moreover, tea pods provide a quick and hassle-free way to enjoy a cup of tea, eliminating the need for loose tea leaves or tea bags, which is also contributing to market expansion. Another key growth factor is the rising demand for premium tea, known for its high antioxidant and health-promoting properties. Furthermore, leading manufacturers are contributing to market growth by adopting eco-friendly packaging materials, such as biodegradable and compostable options. Lastly, the introduction of flavored variants like chamomile, peppermint, English breakfast, green, lemon, and earl grey is expected to drive further growth in the tea pods market in the foreseeable future.
What is included in market segmentation?
The report has segmented the market into the following categories:
Market Breakup by Type:
Soft Tea Pods Hard Tea Pods
Market Breakup by Tea Type:
Green Tea Black Tea Herbal Tea Others
Market Breakup by Distribution Channel:
Supermarkets and Hypermarkets Independent Retailers Convenience Stores Specialist Retailers Online Stores
Market Breakup by Region:
North America (United States, Canada) Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others) Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others) Latin America (Brazil, Mexico, Others) Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Bigelow Tea, Keurig Green Mountain Inc., VitaCup Inc
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
134 N 4th St. Brooklyn, NY 11249, USA
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.