Tea Pods Market Report 2023

Tea Pods Global Market Report 2023 – 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) – Market Size, Trends, And Global Forecast 2023-2032

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Tea Pods Market

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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 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

The global tea pods market size 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 market size of the global tea pods 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 tea pods market growth in the near future.

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).

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.

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 share. 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 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.

    Table Of Contents

    1. Executive Summary

    2. Tea Pods Market Characteristics

    3. Tea Pods Market Trends And Strategies

    4. Tea Pods Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Tea Pods Market

    4.2 Ukraine-Russia War Impact On Tea Pods Market

    4.3 Impact Of High Inflation On Tea Pods Market

    5. Tea Pods Market Size And Growth

    5.1. Global Tea Pods Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Tea Pods Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Tea Pods Market Segmentation

    6.1. Global Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Soft Tea Pods

    Hard Tea Pods

    6.2. Global Tea Pods Market, Segmentation By Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Supermarkets and Hypermarkets

    Independent Retailers

    Convenience Stores

    Specialist Retailers

    6.3. Global Tea Pods Market, Segmentation By Tea Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Green Tea

    Black Tea

    Herbal Tea

    Other Tea Types

    7. Tea Pods Market Regional And Country Analysis

    7.1. Global Tea Pods Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Tea Pods Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Tea Pods Market

    8.1. Asia-Pacific Tea Pods Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Tea Pods Market

    9.1. China Tea Pods Market Overview

    9.2. China Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Tea Pods Market

    10.1. India Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Tea Pods Market

    11.1. Japan Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Tea Pods Market

    12.1. Australia Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Tea Pods Market

    13.1. Indonesia Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Tea Pods Market

    14.1. South Korea Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Tea Pods Market

    15.1. Western Europe Tea Pods Market Overview

    15.2. Western Europe Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Tea Pods Market

    16.1. UK Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Tea Pods Market

    17.1. Germany Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Tea Pods Market

    18.3. France Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Tea Pods Market

    19.1. Eastern Europe Tea Pods Market Overview

    19.2. Eastern Europe Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Tea Pods Market

    20.1. Russia Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Tea Pods Market

    21.1. North America Tea Pods Market Overview

    21.2. North America Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Tea Pods Market

    22.1. USA Tea Pods Market Overview

    22.2. USA Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Tea Pods Market

    23.1. South America Tea Pods Market Overview

    23.2. South America Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Tea Pods Market

    24.1. Brazil Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Tea Pods Market

    25.1. Middle East Tea Pods Market Overview

    25.2. Middle East Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Tea Pods Market

    26.1. Africa Tea Pods Market Overview

    26.2. Africa Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Tea Pods Market Competitive Landscape And Company Profiles

    27.1. Tea Pods Market Competitive Landscape

    27.2. Tea Pods Market Company Profiles

    27.2.1. Unilever

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Bigelow Tea

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Nestle

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Keurig Green Mountain

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Cornish Tea

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Tea Pods Market

    29. Tea Pods Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Tea Pods Market, Segmentation By Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Tea Pods Market, Segmentation By Tea Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Tea Pods Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Tea Pods Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: China, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: India, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: Japan, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Australia, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Indonesia, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: South Korea, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Western Europe, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: UK, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Germany, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: France, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Russia, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: North America, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: USA, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: South America, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Brazil, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Middle East, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Africa, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: Unilever Financial Performance
  • Table 28: Bigelow Tea Financial Performance
  • Table 29: Nestle Financial Performance
  • Table 30: Keurig Green Mountain Financial Performance
  • Table 31: Cornish Tea Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Tea Pods Market, Segmentation By Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Tea Pods Market, Segmentation By Tea Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Tea Pods Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Tea Pods Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: China, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: India, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: Japan, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Australia, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: South Korea, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: UK, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Germany, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: France, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Russia, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: North America, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: USA, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: South America, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Brazil, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Middle East, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Africa, Tea Pods Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: Unilever Financial Performance
  • Figure 28: Bigelow Tea Financial Performance
  • Figure 29: Nestle Financial Performance
  • Figure 30: Keurig Green Mountain Financial Performance
  • Figure 31: Cornish Tea Financial Performance
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