Global Coffee And Tea Market

Non alcoholic - beverages are the drinks that are either totally free from alcohol or that have less than 0.5 percent alcohol by volume (abv). The main types of non alcoholic beverages are coffee and tea, as well as soft drinks and ice. Coffee is a brewed drink prepared from roasted coffee beans, and tea is an aromatic beverage prepared by pouring hot or boiling water over cured or fresh leaves of Camellia sinensis. The products are made available through off-trade channels and on-trade channels. The various categories are mass, and premium. The non alcoholic beverages research report is one of a series of new reports from The Business Research Company that provides non alcoholic beverages statistics, including non alcoholic beverages industry global market size, regional shares, competitors with non alcoholic beverages share, detailed non alcoholic beverages segment, market trends and opportunities, and any further data you may need to thrive in the non alcoholic beverages industry. This non alcoholic beverages research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global non alcoholic - beverages market grew from $556.01 billion in 2022 to $592.22 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The non alcoholic - beverages market is expected to grow to $741.17 billion in 2027 at a CAGR of 5.8%. The world's population is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for food. According to the American Society of Nutrition, the consumption of sugar-sweetened beverages was highest in Mexico. Crop production, farming activities, and trade volumes will have to increase in order to meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for food and beverage products due to the rising population during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the non-alcoholic beverage market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the non-alcoholic beverages market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Increasing health awareness and consciousness among consumers is driving the demand for beverages that provide nutrition, antioxidants, and probiotics. Health beverages support detoxing, weight loss, digestive health, nutrition, and, in some cases, act as meal replacements. For instance, Kombucha, a fermented tea made from a mix of yeast, bacteria culture, sugar, and tea, is increasingly being consumed as a health beverage. According to Beverage Daily, the kombucha market is expected to grow by 25% annually until 2020. To cater to the health beverage market, Pepsi is launching products such as organic Gatorade. Major companies in the non alcoholic - beverages market include PepsiCo, Inc., Nestle S.A., The Coca-Cola Company, Coca-Cola European Partners plc, Suntory Holdings Limited, Fomento Economico Mexicano, Red Bull GmbH, Keurig Dr Pepper Inc., Unilever plc, Asahi Group Holdings Ltd The Asia-Pacific was the largest region in the non alcoholic - beverages market in 2022. Western Europe was the second-largest region in the non alcoholic - beverages market. The regions covered in the non alcoholic - beverages market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the non alcoholic - beverages market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The non alcoholic - beverages market consists of sales of roasted coffee, coffee concentrates, coffee extracts, flavourings, and syrups, instant tea, blending tea, tea concentrate, herbal tea, tea extracts, carbonated soft drinks, ice flakes, ice cubes, ice nuggets, bottled water, Ready to Drink (RTD) tea and coffee, juices and juice concentrates, functional drinks. The companies in the non alcoholic beverages industry process raw materials into non alcoholic beverages, package and distribute them through various distribution channels to both individual customers and commercial establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global non alcoholic - beverages market is segmented - 1) By Type: Coffee And Tea, Soft Drink And Ice 2) By Distribution Channel: Off-Trade Channels, On-Trade Channels 3) By Category: Mass, Premium Subsegments Covered: Coffee, Tea, Soft Drinks, Ice

Coffee machines are small electrical machines used for coffee making. They are used in hotels, restaurants, cafes, and offices. The main types of coffee machines are filter coffee machines, pod/capsule coffee machines, traditional espresso machines, and bean-to-cup coffee machines. Filter coffee machines allow a person to make a large amount of filter coffee with features like timer-controlled brewing, alarm clock, and others. Further, the type of products used are drip filters, capsules, espresso, and bean-to-cup, and are used for household and commercial purposes. The coffee machines market research report is one of a series of new reports from The Business Research Company that provides coffee machines market statistics, including coffee machines industry global market size, regional shares, competitors with a coffee machines market share, detailed coffee machines market segments, market trends and opportunities, and any further data you may need to thrive in the coffee machines industry. This coffee machines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global coffee machines market will grow from $11.2 billion in 2022 to $11.99 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global coffee machines market is expected to grow to $15.65 billion in 2027 at a CAGR of 6.9%. The growing popularity of instant non-alcoholic beverages such as coffee in restaurants, and office cafeterias propels the growth of the coffee machines market. The coffee machines reduce the time and effort required in preparing a cup of coffee when used in coffeehouses, and office cafeterias. The increasing need for non-alcoholic beverages drinks among millennials, consumer awareness toward low sugar and non-alcoholic drinks, busy work schedules, and changing consumer taste are a few of the reasons that have attributed to the rise in the popularity of instant non-alcoholic beverages such as coffee. Due to the increasing demand for coffee, coffee provider companies are investing in appropriate equipment and innovating ways such as coffee capsules to offer better-tasting coffee as more profitable options. The increasing use of coffee machines in restaurants and office cafeterias to fulfill the increased demand for instant non-alcoholic beverages such as coffee increases the demand for coffee capsules, thus increasing the growth of the coffee machine market. Increasing awareness of the adverse effects of excessive consumption of caffeine is expected to limit the growth of the coffee machine market in the forecast period. According to the NCBI research/meta-analysis of 17 studies involving 233,617 participants, drinking 3–4 cups of coffee every day may increase the risk of men having a heart attack. Based on the data reviewed, consumption of more than 400 mg of caffeine per day, correlated with adverse effects such as general damage, cardiovascular effects, bone, and calcium effects, change in adult behavior, increased cancer incidence, and impact on male fertility. Therefore, excessive consumption of caffeine leads to digestive issues, rapid heart rate, muscle breakdown, high blood pressure, and anxiety. Smart coffee machines with Bluetooth or Wi-Fi connectivity are a key trend driving the growth of the coffee machine market. The smart coffee machines can be accessed via smartphones, and users can monitor them from anywhere in the house and can also send smartphone commands. Most coffee makers have their software to configure the brew settings and plan brew times. For instance, in July 2021, Keurig Dr. Pepper, a US-based company operating In beverage brewing systems for home and commercial use, introduced BrewID Smart Coffee Market Technology for a coffee machine that enables WiFi connectivity. Keurig's new BrewID technology can be connected to clients' smartphones to enable control over temperature, size, and auto-brew controls, for the customization of the brewery. Therefore, smart coffee machines with Bluetooth or Wi-Fi connectivity are expected to continue this trend in the coffee machine market. In July 2022, Azkoyen Group, a Spain-based multinational company specializing in the design, manufacture, and marketing of advanced technology solutions acquired Ascaso Factory for a deal of $ 17.2 million. Through this acquisition, Azkoyen Group aims to strengthen its product portfolio in the premium coffee segment. Ascaso Factory is a Spain-based espresso machine manufacturer. Major players in the coffee machines market are Keurig Green Mountain Inc., Panasonic Malaysia, Nestlé Nespresso S.A., De’Longhi Appliances S.r.l., Electrolux, Morphy Richards India, Koninklijke Philips N.V., Hamilton Beach Brands, Inc., Schaerer, and Robert Bosch GmbH. Asia-Pacific was the largest region in the coffee machines market in 2022. Western Europe was the second-largest region in the global coffee machine market. The regions covered in the global coffee machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the coffee machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The coffee machines market consists of sales of filter coffee machines, pod/capsule coffee machines, bean-to-cup coffee machines, and other coffee machines. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global coffee machines market is segmented - 1) By Type: Filter Coffee Machines, Pod/Capsule Coffee Machines, Traditional Espresso Machines, Bean-to-Cup Coffee Machines 2) By Product: Drip Filter, Capsule, Espresso, Bean-to-Cup 3) By End-User: Household, Commercial

A coffee capsule is a small, cylindrical container that contains coffee and is sealed with aluminum foil. Coffee capsules contain finely ground coffee in a measured amount. Coffee capsules come in different flavors and can be used with or without a coffee machine. The main types of products in coffee capsules are closed-source systems and open-source systems. In closed systems, the consumer can only use capsules from one manufacturer in his capsule machine. The various types of materials include conventional plastic, bioplastics, fabric, and others. The coffee capsules are used in households and commercial places.  The coffee capsules research report is one of a series of new reports from The Business Research Company that provides coffee capsules statistics, including coffee capsules industry global market size, regional shares, competitors with coffee capsules share, detailed coffee capsules segments, market trends and opportunities, and any further data you may need to thrive in the coffee capsules industry. This coffee capsules research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global coffee capsule market will grow from $12.33 billion in 2022 to $13.3 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global coffee capsule market is expected to grow to $17.9 billion in 2027 at a CAGR of 7.7%. The growing popularity of instant non-alcoholic beverages such as coffee in restaurants and office cafeterias propel the growth of the coffee capsule market. The coffee capsules reduce the time and effort required in preparing a cup of coffee when used in coffee machines in coffeehouses, office cafeterias. Increasing demand for non-alcoholic beverages among millennials, consumer awareness towards low sugar and non-alcoholic drinks, busy work schedules, and changing consumer taste are a few of the reasons that have been attributed to the rise in the popularity of instant non-alcoholic beverages such as coffee. For instance, in September 2022, according to a recent National Coffee Data Trends (NCDT) report published by National Coffee Association, a US-based consumer information, and lobbying association for the coffee industry, coffee has hit a new high among 18–24-year-olds, with 51% having consumed coffee in the previous day, breaking the previous high of 50% set in September 2020. Therefore, the increasing use of coffee machines in restaurants, office cafeterias to fulfil the increased demand for instant non-alcoholic beverages such as coffee, increases the demand for coffee capsules, thus increasing the growth of the coffee capsule market. Coffee pods (Coffee pads) are prepackaged in environmentally friendly filter paper and provide an easy alternative to coffee capsules while offering compatibility with all kinds of coffee machines. Unlike coffee capsules, coffee pods are simpler to use and dispose of and do not contain plastic or aluminum packaging. Coffee pods are available at a lower price than coffee capsules due to the absence of plastic or metal used in capsules. Moreover, different machines require different types of coffee capsules, making it tedious for the users. For instance, the three types of machines offered by Lavazza, an Italy-based provider of coffee products, require different types of coffee capsules. Furthermore, as reported by Halo, a U.K-based manufacturer of the compostable coffee capsules, out of a total of 59 billion coffee capsules produced, almost 95% were in plastic and aluminum. Thus, the market for coffee capsules is restricted by the growing demand for its alternative products, such as coffee pods. One of the latest trends for companies in the coffee capsules market is to use bioplastics and biodegradable materials for making coffee capsules. Companies in the coffee capsules market are investing in finding ways to use bioplastics and biodegradable materials for making capsules instead of using aluminum or plastic to hold the coffee extract. Capsules made from aluminum and plastic are non-biodegradable and harm the environment, thus pushing companies towards finding new innovative bio-degradable materials such as polypropylene, which can be shredded and recycled to be used to make coffee capsules. For instance, in December 2021, Zarraffa's Coffee, an Australia-based specialty coffee company, introduced 100% biodegradable and compostable Okapi coffee capsules. The entire capsule is comprised of plant components such as sugarcane and sugar beet.  Major players in the coffee capsules market are Nespresso, Keurig, Gloria Jean’s Coffees, Nescafe, Nestle, Lavazza A Modo Mio, Starbucks, Bestpresso, Kissmeorganics, and Gourmesso.  Asia-Pacific was the largest region in the coffee capsules market in 2022. Western Europe was the second-largest region of the global coffee capsules market. The regions covered in the global coffee capsules market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the coffee capsules market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The coffee capsules market consists of sales of arabica coffee capsules and robusta coffee capsules. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global coffee capsule market is segmented - 1) By Material: Conventional Plastic, Bio plastics, Fabric, Other Materials 2) By Application: Household, Commercial 3) By Product: Closed Source System, Open Source System

The coffee pod is a biodegradable paper pouch with ground coffee sealed inside that is brewed using specially designed pod brewers. The coffee pods market covered in this report is segmented by product into soft coffee, hard coffee. Soft coffee has a mellow, well-rounded flavour with neither harshness nor acidity. It is also segmented by roast type into dark, medium, and light, and by caffeine content into regular, decaffeinated. The coffee pods research report is one of a series of new reports from The Business Research Company that provides coffee pods statistics, including coffee pods industry global market size, regional shares, competitors with coffee pods share, detailed coffee pods segments, market trends and opportunities, and any further data you may need to thrive in the coffee pods industry. This coffee pods research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global coffee pods market will grow from $6.4 billion in 2022 to $6.71 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global coffee pods market is expected to grow to $7.92 billion in 2027 at a CAGR of 4.2%. The growth in the working population is projected to boost the demand for convenience products, resulting in significant demand for coffee pods. For instance, in September 2022, according to Bureau of Labor Statistics, a US-based government agency, the number of employed women (16 year and above) in September 2021 was 72295000 which increased to 74349000 in September 2022. The growth in the working population will result in higher demand for coffee pods and other convenience products during the forecast period.  The ban imposed on coffee pods in some regions owing to the harmful effects on the environment is likely to limit the growth of the coffee pods market. For instance, as per the research by Packaging Online in 2021, revealed that 29,000 plastic coffee pods end up in landfill every month and almost 350,000 a year, where they won’t break down for half a millennium. The manufacturing of coffee pods uses an absurd amount of single-use plastic, and pods are not accepted by local recycling collections, which forces the majority of them to end up in landfills, creating damage to the environment. This scenario is anticipated to restrain the growth of the coffee pods market over the forthcoming years. The companies functioning in the coffee pods market are focused on new product development in order to meet the environmental requirements and to better serve their customers. The launch of compostable pods is a leading trend in the coffee pods market. For instance, in December 2021, Zarraffa's coffee, an Australia-based specialty coffee company, introduced 100% biodegradable and compostable Okapi coffee capsules. The entire capsule is comprised of plant components such as sugarcane and sugar beet.  Major players in the coffee pods market are Nespresso S.A., The Kraft Heinz Company, Jacobs Douwe Egberts AU, Dunkin Brands Inc., Luigi Lavazza Spa, Keurig Green Mountain Inc., Kraft Foods Group, and Starbucks Corporation. Asia-Pacific was the largest region in the coffee pods market in 2022. Western Europe was the second-largest region in the global coffee pods market.The regions covered in the global coffee pods market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.  The countries covered in the coffee pods market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The coffee pods market consists of sales of hard coffee pods, soft coffee pods, and other coffee pods. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global coffee pods market is segmented - 1) By Product: Soft Coffee, Hard Coffee 2) By Roast Type: Dark, Medium, Light 3) By Caffeine Content: Regular, Decaffeinated

Food cans refer to types of food filling containers in which any commercially processed, human-grade canned food that has been hermetically sealed, processed, or prepared for consumption, including canned or preserved fruits, vegetables, or other food items, is processed and sealed in airtight containers with tops that can be lifted and replaced. The main types of materials used for food cans are aluminum and steel. Aluminum cans are made from alloys of aluminum, which are generally strong and very lightweight The food cans used usually are either 2-piece cans or 3-piece cans. The food cans are used in meat, poultry, and seafood, pet food, bakery and confectionery, sauces, jams and pickles, fruits and vegetables, tea and coffee, others. The food cans market research report is one of a series of new reports from The Business Research Company that provides food cans market statistics, including food cans industry global market size, regional shares, competitors with a food cans market share, detailed food cans market segments, market trends and opportunities, and any further data you may need to thrive in the food cans industry. This food cans market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global food cans market size grew from $28.07 billion in 2022 to $30.33 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The food cans market size is expected to grow to $40.76 billion in 2027 at a CAGR of 7.7%. The increase in the penetration of organized retail is expected to be a major driver of the food cans market over the coming years. Increased disposable incomes, shifting consumer preferences and tastes, shifting demographic profiles, and increased expenditures are all contributing to the organized retail sector's growth. Vendors rely on the organized retail sector to distribute and sell their products, and large organized retailers carry vast volumes of canned foods and beverages in their stores. For instance, according to the Retailers Association of India (RAI), the share of the organized retail market size is expected to grow to 22-25% by 2021 in India, which is expected to increase the sales of food cans in the country. Recyclable aluminum cans are shaping the food cans market. The companies operating in the food cans sector are increasingly focusing on recyclable aluminum cans to strengthen their position. For instance, in September 2022, Suntory Holdings Limited, a Japan-based brewing and distilling company, launched a 100% recycled aluminum can. This product helps reduce greenhouse gas emissions and environmental pollution. The body of this innovative design has unique requirements to preserve the wine's quality throughout filling, transit, and storage. In April 2022, Ball Corporation, a US-based innovative aluminum can manufacture and packaging company, announced Recycle Aerosol LLC, a US-based aluminum aerosol container manufacturing company pioneering in the recycling of waste materials. Through this partnership, both companies increase the amount of aluminum aerosol cans that are recycled and provide an energy- and carbon-efficient closed-loop process whereby discarded aerosol cans are recycled into brand-new cans to make items out of recovered aluminum. Major players in the food cans market are Crown Holding Inc., Ardagh Group, Kian Joo Group, Silgan Holdings Inc., Can-Pack S.A., Envases del Plata, CPMC Holding Limited, Wells Can Company, Toyo Seikan Group Holdings Ltd., Aaron Packaging Inc., Jamestrong Packaging, Kingcan Holdings Limited, HUBER Packaging Group GmbH, Tetra Laval International S.A., and Independent Can Company. North America was the largest region in the food cans market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food cans report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the food cans market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The food can market consists of sales of chromium-coated steel, tin cans, and paper cans. Glass cans and plastic cans. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global food cans market is segmented - 1) By Material: Aluminum Cans, Steel/Tin Cans 2) By Product: 2-Piece Cans, 3-Piece Cans 3) By End Use: Meat, Poultry And Seafood, Pet Food, Bakery And Confectionery, Sauces, Jams And Pickles, Fruits And Vegetables, Tea And Coffee, Other End-Uses

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. The main types of tea pods are soft tea pods and hard tea pods. A soft pod is a teabag that is sealed inside filter paper and has a round, flat shape, that is usually soft and pliable. The main distribution channels for tea pods are supermarkets and hypermarkets, independent retailers, convenience stores, and specialist retailers. The various tea types are green tea, black tea, herbal tea, and others. The tea pods research report is one of a series of new reports from The Business Research Company that provides tea pods statistics, including tea pods industry global market size, regional shares, competitors with tea pods share, detailed tea pods segments, market trends and opportunities, and any further data you may need to thrive in the tea pods industry. This tea pods research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global tea pods market will grow from $5.88 billion in 2022 to $6.21 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global tea pods market is expected to grow to $7.54 billion in 2027 at a CAGR of 5.0%. Increasing tea consumption across the globe is expected to drive the growth of the tea pods market during the period. According to the Tea Association of the USA Inc., on any given day, over 159 million Americans are drinking tea. For instance, in July 2022, Americans consumed over 84 billion servings of tea, or more than 3.8 billion gallons and about 84% of all tea consumed was black tea, 15% was green tea, and the small remaining amount was oolong, white, and dark tea. The production of black tea is anticipated to rise by 2.2% annually over the next decade to reach 4.4 million tons by the end of 2027. This scenario is likely to generate higher demand for tea, which in turn is expected to have a positive impact on the growth of the tea pods market in the near future. The increasing price of tea limits the growth of the tea pods market. The increasing price of tea is expected to have an adverse effect on the price of tea pods because tea is a raw material for tea pods. An increase in the price of raw material tends to increase the price of finished goods. For instance, in April 2021, according to commodity market outlook report, published by world bank, the average tea price $/kg increased to $3.09/kg in Q3, 2020 from $2.57/kg in Q2, 2020. Therefore, the increasing price of tea coupled with the rising price of tea pods is projected to restrain the growth of the market over the forecast period. 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. Major players in the tea pods market are Unilever, Bigelow Tea, Nestle, Keurig Green Mountain, Cornish Tea, Tata Global Beverages, Red Diamond, Eekannee, The Republic of Tea, and Jacobs Douwe Egberts (JDE). Asia-Pacific was the largest region in the tea pods market in 2022. Western Europe was the second-largest region in the global tea pods market.The regions covered in the global tea pods market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the tea pods market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The tea pods market consists of sales of soft tea pods and hard tea pods. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global tea pods market is segmented - 1) By Type: Soft Tea Pods, Hard Tea Pods 2) By Channel: Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores, Specialist Retailers 3) By Tea Type: Green Tea, Black Tea, Herbal Tea, Other Tea Types