Fior Markets launched a study titled “Tea Capsules Market by Tea Capsules Type (Red Tea Capsules, Green Tea Capsules, Oolong Tea Capsules, Black Tea Capsules, Yellow Tea Capsules), Application (Residential, Commercial),Region” and Global Forecast 2018-2025.
The global tea capsules market is expected to grow from USD xx million in 2017 to USD xx million by 2025 at a CAGR of xx% during the forecast period from 2018-2025. The major drivers that stimulates the market demand are emerging countries of tea capsules, growing market of tea capsules, health benefits associated with tea, demand for tea capsules in Asia Pacific region, and expanding retail market.
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Tea capsules type segment covers red tea capsules, green tea capsules, oolong tea capsules, black tea capsules, yellow tea capsules. The green tea capsules are highly consumed tea capsules in the world as it is a natural detoxification agent and helps in healing scars, managing weight, and improve quality of skin. Green tea is extremely popular in the Asia-Pacific region and this has increased the market share of the green tea capsules segment.
Application segment is sub segmented into residential and commercial. The commercial segment dominates the global tea capsules market due its ease of use and portable to carry anywhere. The use of tea capsules eliminates the need for any other additional supplement and has become the part of daily routine within the working peoples.
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Regional Segmentation Analysis:
The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. Asia Pacific region dominated theglobal tea capsules market.Asia Pacific is fastest growing region due to the high demand in Japan, China and India, anti-aging properties of tea has increased its consumption, changing lifestyles, and increasing tea consumption among youth and kids.
The major players of market include are PG Tips(Unilever), Gourmesso, The Coffee Bean & Tea Leaf (CBTL), Harney& Sons, DualitLimited, Nescafe, Dilmah Tea, Lipton, Kusmi Tea, CaffèVergnano, International Coffee & Tea, LLC, and among others. For instance, in 2018, Nestlé collaborated with and Kusmi Tea to create new range of speciality tea capsules. These capsules will be available in four varieties, nastasia, white anastasia, imperial label and be cool.
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