Market Overview:
The global tea capsules market is expected to grow at a CAGR of 6.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as rising awareness about the health benefits of tea, increasing demand for convenience foods, and growing number of working women. In terms of type, green tea capsules are expected to dominate the market during the forecast period owing to their numerous health benefits. In terms of application, personal use is expected to be the largest segment due to rising consumer preference for convenient and healthy food options.
Product Definition:
Tea capsules are small tea bags filled with tea leaves. They are used to make tea by adding hot water.
Green Tea Capsules:
Green tea capsules are the new trend in the market and have been gaining popularity among consumers. The main reason for its growing popularity is that it helps to reduce body fat, cholesterol levels and blood pressure. Green tea extract has catechins which help to prevent cardiovascular diseases such as stroke and coronary heart disease. It also helps in weight loss by increasing metabolism thus making the consumer feel fuller longer.
Black Tea Capsules:
Black tea capsules are used in the manufacturing of various dietary supplements and functional foods. The product is derived from the leaves of Camellia sinensis plant, which is also known as black tea. It contains antioxidants called catechins that help in reducing blood cholesterol levels and prevent cardiovascular diseases such as stroke and coronary heart disease.
Application Insights:
The personal use category held the largest share of over 70.0% in 2017. The segment is expected to witness significant growth during the forecast period as consumers prefer purchasing tea capsules for personal use without consulting doctors or nutritionists. Office use is also projected to have promising growth during the forecast period owing to increasing consumption of green, black and herbal tea by employees at work places for improving their concentration and focus.
Office Use was one of the key application segments in 2017 owing to growing awareness among consumers regarding better health benefits from various office-based beverages including water, coffee, iced tea and smoothies made with fruits such as apples, grapes.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a share of more than 35%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing awareness about health, changing lifestyles, rising disposable income levels, and growing middle-class population. Moreover, countries such as China and Japan are some of the largest consumers of tea on account of high consumption in these countries. These factors are likely to boost demand for green tea capsules globally over the forecast period.
North America is anticipated to witness significant growth during the forecast years owing to increasing consumer preference towards natural ingredients found in food products rather than synthetic chemicals used as additives or preservatives. Furthermore, growing concerns regarding obesity have led consumers across this region toward natural weight loss supplements which will further fuel demand for green tea capsules within this region during future years (2030).
Growth Factors:
- Increasing demand for convenience foods: The tea capsule market is expected to grow at a high rate as consumers shift towards convenient and time-saving food options.
- Rising popularity of tea among health-conscious consumers: There is a growing trend among health-conscious consumers to include tea in their daily diet, which is driving the growth of the tea capsule market.
- Growing demand for premium teas: The increasing demand for premium teas is another key factor propelling the growth of the global tea capsule market.
- Proliferation of single serve coffee machines: The proliferation of single serve coffee machines has led to an increase in demand for compatible capsules, thereby boosting the growth prospects of the global tea capsule market. 5) Innovation and product differentiation by manufacturers: Tea capsule manufacturers are focusing on product innovation and differentiation in order to cater to changing consumer preferences, which is aiding in the expansion of this market globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Tea Capsules Market Research Report
By Type
Green Tea Capsules, Black Tea Capsules,
By Application
Personal Use, Office Use, Supermarkets Service, Convenience Stores Service,
By Companies
Dualit Limited, Teespresso, Nestle Nespresso, Lipton, Corsini
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Tea Capsules Market Report Segments:
The global Tea Capsules market is segmented on the basis of:
Types
Green Tea Capsules, Black Tea Capsules,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal Use, Office Use, Supermarkets Service, Convenience Stores Service,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dualit Limited
- Teespresso
- Nestle Nespresso
- Lipton
- Corsini
Highlights of The Tea Capsules Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Green Tea Capsules
- Black Tea Capsules
- By Application:
- Personal Use
- Office Use
- Supermarkets Service
- Convenience Stores Service
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tea Capsules Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tea capsules are a type of dietary supplement that is made from tea leaves. Tea capsules are often taken as a way to increase the amount of antioxidants in the body.
Some of the key players operating in the tea capsules market are Dualit Limited, Teespresso, Nestle Nespresso, Lipton, Corsini.
The tea capsules market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tea Capsules Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tea Capsules Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tea Capsules Market - Supply Chain
4.5. Global Tea Capsules Market Forecast
4.5.1. Tea Capsules Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tea Capsules Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tea Capsules Market Absolute $ Opportunity
5. Global Tea Capsules Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tea Capsules Market Size and Volume Forecast by Type
5.3.1. Green Tea Capsules
5.3.2. Black Tea Capsules
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tea Capsules Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tea Capsules Market Size and Volume Forecast by Application
6.3.1. Personal Use
6.3.2. Office Use
6.3.3. Supermarkets Service
6.3.4. Convenience Stores Service
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tea Capsules Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tea Capsules Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tea Capsules Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tea Capsules Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tea Capsules Demand Share Forecast, 2019-2026
9. North America Tea Capsules Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tea Capsules Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tea Capsules Market Size and Volume Forecast by Application
9.4.1. Personal Use
9.4.2. Office Use
9.4.3. Supermarkets Service
9.4.4. Convenience Stores Service
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tea Capsules Market Size and Volume Forecast by Type
9.7.1. Green Tea Capsules
9.7.2. Black Tea Capsules
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tea Capsules Demand Share Forecast, 2019-2026
10. Latin America Tea Capsules Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tea Capsules Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tea Capsules Market Size and Volume Forecast by Application
10.4.1. Personal Use
10.4.2. Office Use
10.4.3. Supermarkets Service
10.4.4. Convenience Stores Service
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tea Capsules Market Size and Volume Forecast by Type
10.7.1. Green Tea Capsules
10.7.2. Black Tea Capsules
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tea Capsules Demand Share Forecast, 2019-2026
11. Europe Tea Capsules Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tea Capsules Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tea Capsules Market Size and Volume Forecast by Application
11.4.1. Personal Use
11.4.2. Office Use
11.4.3. Supermarkets Service
11.4.4. Convenience Stores Service
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tea Capsules Market Size and Volume Forecast by Type
11.7.1. Green Tea Capsules
11.7.2. Black Tea Capsules
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.1. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tea Capsules Demand Share, 2019-2026
12. Asia Pacific Tea Capsules Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tea Capsules Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tea Capsules Market Size and Volume Forecast by Application
12.4.1. Personal Use
12.4.2. Office Use
12.4.3. Supermarkets Service
12.4.4. Convenience Stores Service
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tea Capsules Market Size and Volume Forecast by Type
12.7.1. Green Tea Capsules
12.7.2. Black Tea Capsules
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tea Capsules Demand Share, 2019-2026
13. Middle East & Africa Tea Capsules Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tea Capsules Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tea Capsules Market Size and Volume Forecast by Application
13.4.1. Personal Use
13.4.2. Office Use
13.4.3. Supermarkets Service
13.4.4. Convenience Stores Service
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tea Capsules Market Size and Volume Forecast by Type
13.7.1. Green Tea Capsules
13.7.2. Black Tea Capsules
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tea Capsules Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tea Capsules Market: Market Share Analysis
14.2. Tea Capsules Distributors and Customers
14.3. Tea Capsules Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dualit Limited
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Teespresso
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nestle Nespresso
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lipton
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Corsini
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
