Product Code: A321812
The global tea pod market is anticipated to reach $7,789.9 million by 2032, growing from $4,575.0 million in 2022 at a CAGR of 5.5% from 2023 to 2032.
Tea pods revolutionize the tea-drinking experience, offering convenience and flavor diversity. These single-use pods provide ground tea leaves, ensuring freshness and flavor until consumption. With options ranging from classic black and green teas to herbal blends, they cater to diverse tastes. Ideal for busy individuals, tea pods simplify brewing, minimizing waste and cleanup. Their popularity drives innovation, with new flavors and designs emerging to meet various preferences and dietary needs, including decaffeinated and organic options. As consumers prioritize convenience and quality, tea pods seamlessly integrate into modern lifestyles, providing a delightful tea experience at home or work.
The surge in black tea's popularity is reshaping the industry landscape, with India emerging as a pivotal player. As the world's second-largest tea producer, India's dominance in black tea exports, comprising a staggering 96% share during 2021-2022, highlights its significant role in meeting rising global demand. This surge is driven by shifting consumer preferences, increasing awareness regarding black tea's health benefits, and its versatility in the food & beverage industry. Renowned for its robust flavor and aromatic richness, black tea's attraction exceeds cultural boundaries, appealing to diverse demographics worldwide. Its rising popularity reflects its ability to integrate into various cultural contexts, making it a staple in households and food establishments. The trajectory of black tea's ascent highlights its status as a beverage of choice, poised to sustain its upward momentum in the future.
In the current situation of tea consumption, consumers are drawn to the convenience of traditional tea bags, which provide cost-effectiveness and easy accessibility. However, established habits and preferences in tea preparation often prevent individuals from embracing alternative methods. To overcome these challenges, manufacturers of tea pods must highlight the unique advantages of their product, including enhanced flavor profiles, reduced waste, and customizable brewing options. Moreover, strategic pricing strategies and widespread distribution channels serve to narrow the gap between traditional tea bags and tea pods, making the transition more appealing to a broader audience. Successful promotion of tea pods necessitates a delicate balance between highlighting their benefits and addressing consumer concerns, facilitating a gradual yet steady transition towards embracing this innovative tea brewing method.
The emergence of numerous tea flavors and blends in pod format indicates a promising future in terms of opportunities. These inventive mixtures resonate with the contemporary consumer's inclination for convenience without sacrificing excellence or diversity. As pods gain traction for their streamlined efficiency, the inclusion of a variety of tea options is a key factor in a growing market segment. The adaptability of pod-based tea selections encourages exploration and innovation, appealing to a wide array of palates and inclinations. This trend not only satisfies the demand for hassle-free solutions but also fosters a culture of experimentation, further enriching the tea-drinking experience.
The key players profiled in this report include Bigelow Tea Co., Nestle SA, Keurig Dr Pepper Inc., Cornish Tea & Cornish Coffee Ltd., Red Diamond Inc., Teekanne GMBH & Co. KG, the Republic of Tea Inc., Starbucks Corporation, Reily Foods Company (RFC), and Lipton Teas & Infusions. The market players are continuously striving to achieve a dominant position in this competitive market using strategies such as collaborations and product launches.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the tea pod market analysis from 2022 to 2032 to identify the prevailing tea pod market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the tea pod market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global tea pod market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
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- Investment Opportunities
- Product Benchmarking / Product specification and applications
- Supply Chain Analysis & Vendor Margins
- Upcoming/New Entrant by Regions
- Technology Trend Analysis
- Market share analysis of players by products/segments
- New Product Development/ Product Matrix of Key Players
- Regulatory Guidelines
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Criss-cross segment analysis- market size and forecast
- Expanded list for Company Profiles
- Historic market data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
- Market share analysis of players at global/region/country level
- SWOT Analysis
Key Market Segments
By Tea Type
- Green Tea
- Herbal Tea
- Black Tea
- Others
By Distribution Channel
- Supermarket and Hypermarket
- Specialty Stores
- Convenience Stores
- Online Stores
- Others
By Type
- Soft Tea Pods
- Hard Tea Pods
By Region
- North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- South Africa
- Rest of LAMEA
Key Market Players:
- Bigelow Tea Co.
- Nestle SA
- Keurig Dr Pepper Inc.
- Cornish Tea & Cornish Coffee Ltd.
- Red Diamond Inc.
- Teekanne GMBH & Co. KG
- the Republic of Tea Inc.
- Starbucks Corporation
- Reily Foods Company (RFC)
- Lipton Teas & Infusions
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
- 3.5. Average Selling Price
- 3.6. Market Share Analysis
- 3.7. Brand Share Analysis
- 3.8. Trade Data Analysis
- 3.9. Product Consumption
- 3.10. Value Chain Analysis
- 3.11. Regulatory Guidelines
- 3.12. Key Regulation Analysis
- 3.13. Reimbursement Scenario
- 3.14. Patent Landscape
CHAPTER 4: TEA POD MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Soft Tea Pods
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Hard Tea Pods
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: TEA POD MARKET, BY TEA TYPE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Green Tea
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Herbal Tea
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Black Tea
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Others
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
CHAPTER 6: TEA POD MARKET, BY DISTRIBUTION CHANNEL
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Supermarket and Hypermarket
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Specialty Stores
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Convenience Stores
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Online Stores
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
- 6.6. Others
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by region
- 6.6.3. Market share analysis by country
CHAPTER 7: TEA POD MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Type
- 7.2.3. Market size and forecast, by Tea Type
- 7.2.4. Market size and forecast, by Distribution Channel
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Type
- 7.2.5.1.2. Market size and forecast, by Tea Type
- 7.2.5.1.3. Market size and forecast, by Distribution Channel
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Type
- 7.2.5.2.2. Market size and forecast, by Tea Type
- 7.2.5.2.3. Market size and forecast, by Distribution Channel
- 7.2.5.3. Mexico
- 7.2.5.3.1. Market size and forecast, by Type
- 7.2.5.3.2. Market size and forecast, by Tea Type
- 7.2.5.3.3. Market size and forecast, by Distribution Channel
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Type
- 7.3.3. Market size and forecast, by Tea Type
- 7.3.4. Market size and forecast, by Distribution Channel
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Germany
- 7.3.5.1.1. Market size and forecast, by Type
- 7.3.5.1.2. Market size and forecast, by Tea Type
- 7.3.5.1.3. Market size and forecast, by Distribution Channel
- 7.3.5.2. UK
- 7.3.5.2.1. Market size and forecast, by Type
- 7.3.5.2.2. Market size and forecast, by Tea Type
- 7.3.5.2.3. Market size and forecast, by Distribution Channel
- 7.3.5.3. France
- 7.3.5.3.1. Market size and forecast, by Type
- 7.3.5.3.2. Market size and forecast, by Tea Type
- 7.3.5.3.3. Market size and forecast, by Distribution Channel
- 7.3.5.4. Spain
- 7.3.5.4.1. Market size and forecast, by Type
- 7.3.5.4.2. Market size and forecast, by Tea Type
- 7.3.5.4.3. Market size and forecast, by Distribution Channel
- 7.3.5.5. Italy
- 7.3.5.5.1. Market size and forecast, by Type
- 7.3.5.5.2. Market size and forecast, by Tea Type
- 7.3.5.5.3. Market size and forecast, by Distribution Channel
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Market size and forecast, by Type
- 7.3.5.6.2. Market size and forecast, by Tea Type
- 7.3.5.6.3. Market size and forecast, by Distribution Channel
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Type
- 7.4.3. Market size and forecast, by Tea Type
- 7.4.4. Market size and forecast, by Distribution Channel
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Type
- 7.4.5.1.2. Market size and forecast, by Tea Type
- 7.4.5.1.3. Market size and forecast, by Distribution Channel
- 7.4.5.2. Japan
- 7.4.5.2.1. Market size and forecast, by Type
- 7.4.5.2.2. Market size and forecast, by Tea Type
- 7.4.5.2.3. Market size and forecast, by Distribution Channel
- 7.4.5.3. India
- 7.4.5.3.1. Market size and forecast, by Type
- 7.4.5.3.2. Market size and forecast, by Tea Type
- 7.4.5.3.3. Market size and forecast, by Distribution Channel
- 7.4.5.4. South Korea
- 7.4.5.4.1. Market size and forecast, by Type
- 7.4.5.4.2. Market size and forecast, by Tea Type
- 7.4.5.4.3. Market size and forecast, by Distribution Channel
- 7.4.5.5. Australia
- 7.4.5.5.1. Market size and forecast, by Type
- 7.4.5.5.2. Market size and forecast, by Tea Type
- 7.4.5.5.3. Market size and forecast, by Distribution Channel
- 7.4.5.6. Rest of Asia-Pacific
- 7.4.5.6.1. Market size and forecast, by Type
- 7.4.5.6.2. Market size and forecast, by Tea Type
- 7.4.5.6.3. Market size and forecast, by Distribution Channel
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Type
- 7.5.3. Market size and forecast, by Tea Type
- 7.5.4. Market size and forecast, by Distribution Channel
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Brazil
- 7.5.5.1.1. Market size and forecast, by Type
- 7.5.5.1.2. Market size and forecast, by Tea Type
- 7.5.5.1.3. Market size and forecast, by Distribution Channel
- 7.5.5.2. Saudi Arabia
- 7.5.5.2.1. Market size and forecast, by Type
- 7.5.5.2.2. Market size and forecast, by Tea Type
- 7.5.5.2.3. Market size and forecast, by Distribution Channel
- 7.5.5.3. UAE
- 7.5.5.3.1. Market size and forecast, by Type
- 7.5.5.3.2. Market size and forecast, by Tea Type
- 7.5.5.3.3. Market size and forecast, by Distribution Channel
- 7.5.5.4. South Africa
- 7.5.5.4.1. Market size and forecast, by Type
- 7.5.5.4.2. Market size and forecast, by Tea Type
- 7.5.5.4.3. Market size and forecast, by Distribution Channel
- 7.5.5.5. Rest of LAMEA
- 7.5.5.5.1. Market size and forecast, by Type
- 7.5.5.5.2. Market size and forecast, by Tea Type
- 7.5.5.5.3. Market size and forecast, by Distribution Channel
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product mapping of top 10 player
- 8.4. Competitive dashboard
- 8.5. Competitive heatmap
- 8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
- 9.1. Bigelow Tea Co.
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.2. Nestle SA
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.3. Keurig Dr Pepper Inc.
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.4. Cornish Tea & Cornish Coffee Ltd.
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.5. Red Diamond Inc.
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.6. Teekanne GMBH & Co. KG
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.7. the Republic of Tea Inc.
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.8. Starbucks Corporation
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.9. Reily Foods Company (RFC)
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.10. Lipton Teas & Infusions
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot