Coffee Market  Size To Grow At A CAGR Of 6.2% In The Forecast Period Of 2024-2030

Coffee Market Size To Grow At A CAGR Of 6.2% In The Forecast Period Of 2024-2030

Coffee Market size was valued at US$ 129.92 Bn. in 2023 and Arabica is one of the dominating segments reviewed in the report is dominating Coffee Market.

Coffee Market Overview

Coffee is a top agricultural product worldwide. It supports millions of plantations and roasters. Young people love premium coffee due to higher incomes and improved lifestyles.?

Types of Coffee Beans

There are two main coffee bean types: Arabica and Robusta. Brazil produces the most Arabica coffee. Vietnam leads in Robusta coffee production. Arabica is known for its sweet, soft taste. Robusta has more caffeine and a stronger flavor.?

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Market Trends

Global coffee exports reached 10.61 million bags in 2023. Demand is rising worldwide. Coffee’s health benefits, like reducing diabetes risk, attract more consumers. Coffee shop chains like Starbucks and Café Coffee Day are expanding fast.?

Regional Insights

Europe: The largest coffee market, consuming 54,065 thousand coffee bags per year.

Asia-Pacific: The second biggest market with high demand in China, India, and the Philippines.

North America: Stable demand with 4,860 tonnes consumed in 2023.?

What’s Next?

Organic coffee and new flavors are gaining popularity. Coffee shops and companies are focusing on customer experience. The online sales of coffee have grown, especially since COVID-19. As life returns to normal, offline coffee shops are expected to recover.

Stay tuned for more coffee market updates!?

Recent News about coffee

14/10/2024 South Indian filter coffee secures second spot on TasteAtlas' list of top coffees worldwide

27/6/2024 Coffee exports rise as Europe braces for European Union Deforestation Regulation

13/8/2024 How are Yemen's Houthi rebels driving up coffee prices in Europe?

1/10/2024 Skoda Auto Partners with Indian Coffee Planters for European Markets

3/10/2024 Starbucks Invests In Future-Proof Coffee: New Farms In Latin America And Beyond To Tackle Climate Challenges

3/5/2024 China’s Cotti Coffee makes US debut with Hawaii store?

Coffee Market Segmentation

by Product????

Arabica

Robust

Others?

by Type?????????

Instant Coffee

Ground Coffee

Whole Grain

Others?

by Distribution Channel????

On-trade

Off-trade

Supermarkets/Hypermarkets

Convenience Stores

Specialist Retailers

Other Distribution Channels

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Coffee Market Key Players

  1. Nestlé (Switzerland)
  2. J.M. Smucker Company (United States)
  3. Tchibo (Germany)
  4. Strauss Group (Israel)
  5. Lavazza (Italy)
  6. Keurig Dr Pepper (United States)
  7. Jacobs Douwe Egberts (Netherlands)
  8. Tata Consumer Products (India)
  9. UCC Holdings (Japan)
  10. Melitta Group (Germany)
  11. Illy (Italy)
  12. Massimo Zanetti Beverage Group (Italy)
  13. Eight O'Clock Coffee Company (United States)
  14. Starbucks Corporation (United States)
  15. Peet's Coffee (United States)
  16. Coffee Bean & Tea Leaf (United States)
  17. Segafredo Zanetti (Italy)
  18. Farmer Bros. Co. (United States)
  19. Dunkin' Brands Group (United States)
  20. Costa Coffee (United Kingdom)
  21. Yamamotoyama (Japan)
  22. Kicking Horse Coffee (Canada)
  23. Stumptown Coffee Roasters (United States)
  24. Caribou Coffee Company (United States)
  25. Death Wish Coffee Company (United States)
  26. Hawaiian Isles Kona Coffee Company (United States)
  27. Gevalia (Sweden)
  28. Dallmayr (Germany)
  29. Peets Coffee & Tea (United States)
  30. Bulletproof 360, Inc. (United States)?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by Different Segment | 2024-2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspectiveCompetitive landscape – Market Leaders, Market Followers, Regional playerCompetitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations?

About Maximize

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