Food And Beverages

Global Tea Capsule Market Outlook, Opportunities And Strategies

December 7, 2021 by The Business Research Company

Learn about the global tea capsule market through The Business Research Company, which provides information on tea capsule market size, tea capsule market drivers and restraints, tea capsule market players, the COVID-19 impact on the tea capsule market, and more.

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The global tea capsule market is expected grow from $1 billion in 2020 to $0.99 billion in 2021 at a compound annual growth rate (CAGR) of -1%. The slow decline is mainly due to the outbreak of COVID-19 outbreak that has led to closure of offices that majorly use tea capsules. The tea capsule market is expected to reach $1.45 billion in 2025 at a CAGR of 10%.

Increasing consumption of tea is expected to drive innovation in tea capsule manufacturing, thus driving the market during the forecast period.

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The tea capsule market consists of sales of tea capsules and related services. Tea capsules are encapsulated tea leaves that contain ingredients similar to an ordinary cup of tea. Tea capsules offer convenience and comfort when making tea at home, in public places, or even when traveling.

Global tea capsule market segments include:

By Product Type: Red Tea Capsules, Oolong Tea Capsules, Black Tea Capsules, Yellow Tea Capsules, Others

By Distribution Channel: Hypermarkets & Supermarkets, Specialty Stores, Online Stores, Convenience Stores, Others

By Application: Residential, Commercial

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The players engaged in the manufacturing and selling of tea capsules are adopting various strategies such as mergers & acquisitions, new product launch, and plant capacity expansion in order to maintain their position in the competitive business environment.

TBRC’s tea capsule market report covers:

Major Market Players: Dualit Limited, Teespresso, Nestle Nespresso, Lipton, Corsini, Bonini S.r.l., and Red Espresso.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Tea Capsule Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides tea capsule market overviews, analyzes and forecasts market size, share, tea capsule market players, tea capsule market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s tea capsule market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Coffee And Tea Global Market Report 2021

Tea Pods Global Market Report 2021

Coffee Capsule Global Market Report 2021

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