Global Tea Pods Market Research Report: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Major players in the tea pods market are Unilever, Bigelow Tea, Nestle, Keurig Green Mountain, Cornish Tea, Tata Global Beverages, Red Diamond, EEKANNE, The Republic of Tea, and JACOBS DOUWE EGBERTS (JDE). The Global Tea Pods Market is expected to grow from USD 4.63 billion in 2019 and to USD 4.72 billion in 2020 at a growth rate of 1.99%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach USD 6.29 billion in 2023 at CAGR of 10.02%. 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 flavors 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. The global tea pods market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. North America was the largest region in the tea pods market in 2019. The availability of different types of flavored 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 flavors 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 flavored tea by the players dealing in tea pods market is anticipated to be a major trend in the tea pods market. The tea pods market covered in this report is segmented by type into soft tea pods; hard tea pods. It can also be segmented by channel into supermarkets and hypermarkets; independent retailers; convenience stores; specialist retailers. The increasing price of tea limits the growth of 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, therefore increase in price of raw material tends to increase price of finished goods. According to Trade Economics, the price of tea increased to USD 2.61 per kg in December 2019, up from USD 2.48 per kg in December 2018. Therefore, increasing price of tea coupled with rising price of tea pods is projected to restraint the growth of the market over the forecast period. Increasing tea consumption across the globe is expected to drive the growth for tea pods market during the period. According to the Food and Agriculture Organization of the United Nations’ report published in May 2018, global tea consumption is predicted to rise over the next decade, driven by the robust demand from emerging countries including China and India. 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. For More Information, Click on the Link Below:- Global Tea Pods Market Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: China Tea Pods Market, Europe Tea Pods Market, Global Tea Pods Industry, Global Tea Pods Industry Research Report, Global Tea Pods Market, Global Tea Pods Market Analysis, Global Tea Pods Market Application, Global Tea Pods Market Forecast, Global Tea Pods Market Growth, Global Tea Pods Market Outlook, Global Tea Pods Market Overview, Global Tea Pods Market Research Report, Global Tea Pods Market Trends, Hard Tea Pods Market, India Tea Pods Market, Japan Tea Pods Market, Keurig Green Mountain Tea Pods Market Share, Red Diamond Tea Pods Market Revenue, Soft Tea Pods Market, Tata Global Beverages Tea Pods Market Share, Tea Pods Market Competitive Landscape, Tea Pods Market Segmentation, Unilever Tea Pods Market Revenue, US Tea Pods Market