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Thailand Coffee and Tea Capsules Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Thailand Coffee and Tea Capsules Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Thailand Coffee and Tea Capsules Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The Thailand coffee and tea capsules market size reached US$ 224.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 456.5 Million by 2028, exhibiting a growth rate (CAGR) of 12.53% during 2023-2028. The growing demand for convenient, high quality, and ready-to-drink (RTD) beverages, increasing health consciousness among individuals, and rising utilization in cafes, restaurants, and hotels represent some of the key factors driving the market.

Coffee capsules refer to small and pre-packaged coffee pods that are designed to be used in specific coffee machines. They are convenient, cost-effective, easy to store, and widely available in different flavors, such as hazelnut, chocolate, and vanilla. They are quick and easy to use, single-serve, and packed in a plastic or aluminum container rather than a paper filter. They are vacuum sealed to maintain freshness and enhance the shelf life while preventing deterioration. They also assist in providing enhanced flavor and fragrance and reducing labor work and wastage. On the other hand, tea capsules are finely ground loose tea leaves in a small and sealed packed container. They aid in weight loss management, detoxify the body, and reduce the risk of various cancers. Besides this, they are widely utilized as a natural ingredient in the cosmetic industry to provide moisture to the skin.

Thailand Coffee and Tea Capsules Market Trends:

At present, the increasing utilization of coffee and tea capsules due to health consciousness among individuals represents one of the key factors supporting the growth of the market in the country. Besides this, the growing demand for coffee and tea capsules due to hectic lifestyles and busy schedules of individuals is positively influencing the market. In addition to this, there is a rise in the demand for convenient, high-quality, and ready-to-drink (RTD) beverages among the masses in Thailand. This, coupled with the increasing adoption of coffee and tea capsules due to the inflating income level of individuals in Thailand, is offering lucrative growth opportunities to industry investors. Apart from this, the rising utilization of coffee and tea capsules in cafes, restaurants, and hotels to save time is contributing to the growth of the market. Additionally, the wide availability of coffee and tea capsules through online and offline distribution channels in Thailand is offering a favorable market outlook. Moreover, various benefits offered by tea capsules, such as lowering stress levels, maintaining strong bones, and boosting the immune system among individuals, are impelling the growth of the market in the country. Furthermore, the increasing adoption of coffee and tea capsules due to the rising social media influence on consumers is strengthening the growth of the market in Thailand.

Report Coverage:
The market report by IMARC Group provides extensive coverage on the performance of the coffee and tea capsules in Thailand. The study provides in depth information about the value and volume trends, COVID-19 impact, and market forecast from 2023-2028.

Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the Thailand coffee and tea capsules market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Key Questions Answered in This Report:
How has the Thailand coffee and tea capsules market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the Thailand coffee and tea capsules market?
What is the impact of each driver, restraint, and opportunity on the Thailand coffee and tea capsules market?
What is the competitive structure of the Thailand coffee and tea capsules market?
Who are the key players/companies in the Thailand coffee and tea capsules market?

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