The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increasing tea consumption across the globe are expected to drive innovation in tea pods manufacturing, thus driving the market during the forecast period.

The global tea pods market is expected to grow from $5.88 billion in 2022 to $6.21 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The global tea pods market is expected to grow to $7.54 billion in 2027 at a CAGR of 5.0%.

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Global Tea Pods Market Segments Include:

• By Type:Soft Tea Pods, Hard Tea Pods
• By Channel:Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores, Specialist Retailers
• By Tea Type:Green Tea, Black Tea, Herbal Tea, Other Tea Types
• By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global tea pods market in 2021.

Major Market Players in the tea pods market include Unilever, Bigelow Tea, Nestle, Keurig Green Mountain, Cornish Tea, Tata Global Beverages, Red Diamond, Eekannee, The Republic of Tea, and Jacobs Douwe Egberts (JDE).

The availability of different types of flavoured tea is emerging as a major trend that is shaping the growth of the tea pods market. Major players dealing in the tea pods market are now focusing on new flavours and introducing products according to consumers’ tastes and preferences. For instance, in June 2020, Teavana, a US-based tea company, introduced three new ready-to-drink wellness craft iced tea varieties. The new teas, which join Teavana’s existing craft iced tea and sparkling craft iced tea lines, are created with the finest teas and botanicals, as well as ingredients like ginger, turmeric, and peppermint. Thus, the launch of new flavoured tea by the players dealing in the tea pods market is anticipated to be a major trend in the tea pods market.

The Tea Pods Global Market Report 2023  provides a tea pods market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The tea pods market forecast analyzes tea pods market size, tea pods market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The tea pod is a tea that is sealed inside filter paper and is brewed using specially designed pod brewers. The tea pods are available in various flavors such as Iemon zinger, mandarin orange spice, and snapple diet peached iced tea. The popular tea pods available in the market are K-Cups, gourmet tea pods, and paper tea pods.

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