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Global Coffee Market - Industry Analysis and Forecast 2024-2030

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6/6/24, 6:53 PM Global Coffee Market: Industry Analysis and Forecast 2024-2030.

WELCOME TO STELLAR MARKET RESEARCH..! USD  ENG 


Home  Report Details  Food & Beverages

Coffee Market: Global Industry Analysis and


Forecast (2024-2030) by Source, Type,
Process and Region. 
Coffee Market size was valued at US$ 127.81 Bn. in 2023. Coffee
will encourage a great deal of transformation in Beverage Sector
across Globe.
Format : PDF | Report ID : SMR_55
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Coffee Market Overview:


The global level coffee market is analysed on the basis of
segments such as source, type, process and region. Coffee is a
brewed beverage made from roasted coffee beans, which are
the fruit seeds of certain types of coffee. Grains are separated
from the coffee berries to obtain a stable raw product, unroasted
green coffee. The seeds are then roasted into a consumable
product. Roasted coffee is crushed into small pieces, usually
soaked in hot water, and then filtered to make a cup of coffee. 

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Coffee is one of the largest agricultural products which is


exported across the globe and supports
Compare Products millions of coffee
plantations and coffee bean roasters.

Arabica and Robusta are two major types of plants used to make
+ +
different sub-branches of coffee beans with different palette + +
notes, flavors, and caffeine content

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6/6/24, 6:53 PM Global Coffee Market: Industry Analysis and Forecast 2024-2030.

Coffee MarketCompare
Dynamics: Products
Caffeine is the most widely consumed psychotropic drug across
the globe and some of its behavioral effects are similar to
cocaine, amphetamines, and other stimulants.
+
Coffee prices new
+
reached a the
+
record from
+
low levels
experienced over the last three years. The major factor
responsible for driving the coffee market is weather conditions in
Brazil and covid-related
Clean All disruption which have
START COMPARE ! affected trade in
the Asia Pacific region.

The rising trend of unique coffee blends is becoming more


popular and great helps in coffee market growth. Coffee Stores
and full-service restaurants are offering blends to improve gut
health, boost metabolism and support the immune system.
Mixtures such as matcha latte, mushroom coffee are on the rise
and reduce fat with soy and collagen whiteners.

Demand for snap chilled coffee is surging across the globe and
it is becoming a major trend in the market. Snap chilled coffee
takes less time to make than a cold brew and does not require
the addition of ice cubes to dilute the coffee. This extracts more
flavors and more attractive aromas than the cold brew process.
There is no wasted cold freshly brewed coffee. These trends are
driving the demand for coffee market.

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Coffee tourism is becoming a trending thing. Millennials often


see coffee as an overall
Compareexperience, so many young people seek
Products
coffee in popular growing areas. Coffee tourism is officially the
next big thing, and millennials are looking for a more authentic
experience in unique cafes around the globe. Millennials are also
+ +
looking for stores that offer unique coffee presentations, + +
fascinating photos of coffee farms, educational experiences, and
more. 

Butter coffee is becoming


Clean All aSTART
popular trend-especially
COMPARE ! for those
who don't have breakfast on the go. Butter coffee is coffee
refined with a tablespoon of butter. Butter makes coffee more
nutritious and more effective. Popular with celebrities and
professional athletes, trends spread and become cults. This is
also a simple improvement that allows retailers to significantly
increase the price of a cup of coffee.

Health benefits of coffee such as reducing the risk of diabetes,


fat burning, and high energy intake from caffeine spikes is
increasing and the demand for coffee and the popularity of
younger is increasing. The growth of local and global franchise
coffee shops is driving the demand for a variety of coffee as
customers are willing to pay for the high-quality coffee that has
become a medium for socializing.

During this year, Coffee subscriptions have become another


great alternative for consumers who want their coffee delivered

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to them. The pandemic influenced the rise of coffee


subscriptions as Compare
it gave consumers the opportunity to still
Products
receive their daily fix of coffee without having to leave the house
during the lockdown. Coffee subscriptions offer consumers the
option to try unique, high-end blends which they aren't aware of.
+ + + +

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Coffee Market Segment Analysis:


By Source, the Arabica segment dominated the global coffee
market with 70% in 2023. It is with low caffeine content, sweet
taste, and the widespread use of cafes in developing countries,
coupled with the increased use of arabica beans in chocolate,

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nuts, and caramel. Arabica is a premium class coffee with a


sweet and soft taste, with sugar,Products
Compare fruit, and berry flavors on the
palette. Mass consumers and coffee shops choose the best
coffee blend for arabica coffee beans. These factors are driving
the growth of the segment through the forecast period.
+ + + +

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Robusta is expected to grow at a CAGR of 4.2% through the


forecast period. Robusta coffee beans have a high caffeine
content, which makes them less sour and much stronger. These
beans are strong and tasty, with a pleasant chocolate aroma in
the mouth. These beans are a rich source of natural antioxidants
that act as natural anti-inflammatory agents. It also helps reduce
the risk of various illnesses such as Alzheimer's disease and
gallbladder stones and promotes weight loss. These factors are
expected to drive the growth of the segment in the coffee
market through the forecast period.

By Type, Instant coffee dominated the market with 37 % share in


coffee market. Instant coffee differs from fresh coffee in that it
dissolves completely when dry coffee is added to water. It can

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be brewed in a mug without any special equipment. Instant


coffee is made from dehydrated,
Compare freshly brewed coffee. After
Products
brewing coffee, it is dried to leave a powder and can be stored
and rehydrated at any time. Instant coffee is very similar to fresh
coffee in that it has the same origin. Instant coffee is mainly
+ +
consumed, easy to prepare, and delicious. For this reason, large + +
instant coffee brands are in great demand. It is also used in
vending machines, small cafes, and around homes. These
factors are driving the growth of the segment in the market.
Clean All START COMPARE !
Ground coffee is expected to grow at a CAGR of 5 % through the
forecast period. Ground coffee is made from whole coffee
beans. Fresh beans are processed on the plantation and
shipped to coffee shops and factories. Coffee shops and
factories are ready to roast to give it a nice strong taste. Roasting
draws out all the rich oil and sweetens the coffee. The increasing
demand for these, attractive packaging, etc. are the factors
expected to drive the growth of the segment in the coffee
market through the forecast period.

By Process, the Caffeinated segment dominated the global


coffee market with a 56% share. Arabica beans and Robusta
beans are widely used because they contain caffeine. Robusta
contains 2.7 fines, which is almost twice as much as 1.5% of
Arabica. In addition, the Arabica type is preferred over Robusta
because it tastes good, has almost 60% fat, and almost twice the
sugar content of Robusta. Coffea arabica coffee trees make  up
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more than 60% of coffee cultivation. These factors are driving


the demand of thisCompare
segment in theProducts
coffee market.

The decaffeinated segment is expected to grow at a CAGR of


6.3% in coffee market throughout the forecast period.
+ +
Decaffeinated coffee, known as decaf for short, is ordinary + +
coffee that has had most of its caffeine removed from it before
the beans are roasted. Millennial generations are better aware of
the health benefits of decaffeinated beverages, such as
improved metabolism
Clean All and endurance, and are
START COMPARE ! organically and
sustainably cultivated decaffeinated, and lightly roasted coffee. I
like beans. Due to the growing demand for decaffeinated coffee,
many cafes, coffee houses, restaurants, and pubs have included
the above variations of their products in their menus. These
factors are expected to drive the growth of the segment through
the forecast period.

Coffee Market Regional Analysis:


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North American region dominated the market with a 66 % share


in 2023. The average coffee consumption
Compare Products in the United States is
about three cups a day. Large companies have started and
expanded their businesses in the region due to a large number
of coffee consumers. Demand for coffee makers is increasing at
+ +
train stations, airports, offices, etc., and the demand for the + +
working population is also increasing. This region is one of the
major producers of coffee. These factors are driving the demand
for the coffee market in this region.
Clean All START COMPARE !
Asia Pacific Region is expected to grow at a CAGR of 20 %
through the forecast period. Coffee consumption is increasing in
Asian countries such as China, Japan, South Korea, Indonesia,
the Philippines, Malaysia, and Thailand. International coffee
chains like Starbucks Corporation, have rapidly expanded their
branches in these countries, increasing disposable income,
rising coffee trends, etc. These factors are expected to drive the
growth of the APAC coffee market through the forecast period.

Coffee Market Scope:


Coffee Market
Market Size in
USD 127.81 Bn.
2023
Market Size in
USD 199.92 Bn.
2030

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CAGR (2024-
6.6%
2030) Compare Products
Historic Data 2018-2022
Base Year 2023

+
Forecast Period +2024-2030 + +

By Source
Clean All ArabicaCOMPARE !
START
Robusta

By Type
Instant Coffee
Ground Coffee
Segment Scope Whole Grain
Others
By Process
Caffeinated
Decaffeinated
By Geography
North America
Europe
Asia Pacific
MEA & Africa
Latin America
Regional Scope North America- United States, Canada, an

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Europe – UK, France, Germany, Italy, Sp


Europe Products
Compare
Asia Pacific – China, India, Japan, South
APAC
Middle East and Africa - South Africa,

+ +
Middle East and Africa + +
South America – Brazil, Argentina, Rest o

KEY PLAYERS:
The BusyClean
Bean.All START COMPARE !
Boston Barista.
Jumpstart Coffee.
Mugs Coffee.
The Steam Room.
Espresso Express.
Nestle
JM Smucker Company
The Kraft Heinz Company
Starbucks Corporation
Keurig Dr. Pepper
F. Gavina and Sons, Inc.
JDE Peet's
AMT Coffee Ltd
Lavazza
Trung Nguyen 

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Steamy Beans Coffee.


Compare Products

BUY NOW

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Frequently Asked Questions

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What is the forecast period of market?

Forecast period of market is 2024 to 2030

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