Tea Pods Global Market To Reach Value Of About $6 Billion In 2025

20 Oct, 2021

The tea pods market consists of sales of tea pods and related services. Tea pods are small, sealed filter pouches with tea, like a teabag. The tea pods are a convenient way for consuming tea, and are available in various flavours such as Indian spice chai, lemon 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.

Global Tea Pods Market Size And Drivers:

The global tea pods market is expected grow from $4.46 billion in 2020 to $4.62 billion in 2021 at a compound annual growth rate (CAGR) of 3.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.38 billion in 2025 at a CAGR of 8%. Increasing tea consumption across the globe is expected to drive the growth for tea pods market during the period.

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Trends In The Global Tea Pods Market

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' taste and preferences. For instance, in January 2019, Coca-Cola Brazil launched a new range of yerba mate pods under its Leao Brand. Leao is a pioneer brand in Brazil's tea market. Thus, the launch of new flavoured tea by the players dealing in tea pods market is anticipated to be a major trend in the tea pods market.

Global Tea Pods Market Segments:
The global tea pods market is further segmented –
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, Others
By Geography: The global tea pods market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Tea Pods Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides tea pods market overviews, analyzes and forecasts market size and growth for the global tea pods market, tea pods market share, tea pods market players, tea pods market segments and geographies, tea pods market’s leading competitors’ revenues, profiles and market shares. The tea pods market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.