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The Thailand coffee and tea capsules market reached a value of US$ XX Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 13% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Coffee capsules are small in size and contain nearly 4 to 6 grams of cooked ground coffee. They assist in preserving the authentic flavour and aroma of coffee, and removing several steps in the brewing process like grinding beans, dosing and tamping the ground coffee. Likewise, tea capsules are convenient to use and help in saving time. At present, various types of tea capsules are available in the market, such as green tea, herbal tea, black tea, etc.
With the growing economy, Thailand is experiencing a burgeoning middle-class population, rapid urbanization, improving living standards, hectic schedules and changing dietary patterns. As a result of rising purchasing power, consumers are becoming more sophisticated and demanding convenient, high-quality and ready-to-drink beverages, thereby resulting in a rising demand for coffee and tea capsules.
This report provides a deep insight into the coffee and tea capsules market in Thailand covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Thailand coffee and tea capsules industry in any manner.
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