Tea Capsule Market 2020 Outlook, Opportunity and Demand Analysis Report by TBRC | Covid 19 Growth And Change

The Business Research Company offers "Tea Capsule Market Global Report 2020-30: Covid 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global tea capsule market is expected to grow from $1.04 billion in 2019 to $1.06 billion in 2020 at a compound annual growth rate (CAGR) of 1.5%. The slow growth is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The market is then expected to grow and reach $1.42 billion in 2023 at CAGR of 10.24%.

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The tea capsule market consists of sales of tea capsules and related services. Tea capsules are encapsulated tea leaves that contain ingredients similar to an ordinary cup of tea. Tea capsules offer convenience and comfort when making tea at home, in public places, or even when traveling.

Increasing consumption of tea is predicted to boost the demand for tea capsules market over the forecast period. According to the International Institute of Sustainable Development (IISD), tea has become the second most popular beverage after tea, with 3 billion cups consumed every day across the globe. In 2017, the total tea production accounted for 5.98 million tons worldwide. Furthermore, according to the Global Dubai Tea Forum, per capita consumption of tea is projected to increase from 35.2 liters in 2017 to 37.7 liters by the end of 2021. The growing per capita consumption is likely to propel the demand for tea capsules in the near future.

Tea Capsule Market Segmentation: -
By Type
Energy Drinks
Sports Drinks
Nutraceutical Drinks
Dairy-based Beverages
Juices
Enhanced Water
Others

By Function
Health & Wellness
Weight Management

By Distribution Channel
Brick & mortar
Online

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Few Points From Table Of Content
1. Executive Summary
2. Tea Capsule Market Characteristics
3. Tea Capsule Market Size And Growth
4. Tea Capsule Market Segmentation
5. Tea Capsule Market Regional And Country Analysis
.....
25. Tea Capsule Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Tea Capsule Market
27. Tea Capsule Market Trends And Strategies
28. Tea Capsule Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the Tea Capsule Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Tea Capsule Market are Dualit Limited, Teespresso, Nestle Nespresso, Lipton, Corsini, Bonini S.r.l., Red Espresso

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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