The global coffee market size was valued at $102.02 billion in 2020, and is projected to reach $140.67 billion by 2026, growing at a CAGR of 5.5% during the forecast period.
• The coffee market is expected to witness significant growth in the future due to growing acceptance of single-serve coffee brew systems by the consumers and rising demand for certified coffee products will foster the coffee market growth.
• Additionally, the consumers are readily looking for certified coffee products to be ensured about the credibility of their coffee purchases. For instance: as per the survey conducted by the National Coffee Association in the United States, more than 70% of the consumers prefer at-home coffee preparation.
• However, lack of sustainable practice in the coffee plantation and requirement for high cost investment are the factors that are expected to obstruct the coffee market growth.
Coffee is the most widely consumed brewed beverage made from roasted coffee beans, which are the seeds of specific coffee species. Coffee is a dark-colored, bitter, slightly acidic beverage that has a stimulating effect on humans, owing to the caffeine content. It is one of the world's most popular beverages, and can be prepared and served in a variety of ways (e.g., espresso, French press, caffè latte, or already-brewed canned coffee). Coffee is normally served hot, but cooled or iced coffee is also popular.
By Product Type, the Instant Coffee Segment Holds the Dominant Position in the Market Revenue
The instant coffee segment hold the dominant position owing to several factors including the convenience provided by instant coffee as compared to fresh coffee, similarly as the fast and straightforward preparation method. Despite the fact that fresh coffee has a significant impact on the global coffee business, instant coffee is rapidly gaining popularity due to its ease of preparation and speed. It has been in use for a long time. The rise in popularity of instant coffee has resulted in a shift away from traditional coffee. The instant trend is also visible in the tea-drinking group, thanks to the growing use of instant coffee.
By Geography, Europe Region is Leading the Global Coffee Market
Europe region is anticipated to lead the global coffee market due to the advancements in technology (like table-top machines and traceability tools), which are creating the pathway for bean-to-cup solutions. According to a poll done by the Institute for Scientific Information on Coffee (ISIC), 68 percent of respondents said they drank coffee while working on a regular basis. As customers become more sensitive of the quality of their coffee, this trend is resulting in a tremendous demand for coffee in European countries such as Germany, Italy, Spain, the United Kingdom, and others. Furthermore, with its extensive product reach across Germany, Nestle's Nespresso dominates the German coffee pods and capsules industry.
List of the Key Players Profiled in the Market Include:
• Algie & Co. Ltd.
• Douwe Egberts
• Jacobs
• Keurig Green Mountain
• Matthew
• Nestlé S.A.
• Starbucks Corp.
• Strauss Group Ltd.
• Tata Global Beverages
• Tchibo coffee
• The Kraft Heinz Co.
• Unilever Plc
What Can be Explored with this Research Report:
• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observed promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Market by, Coffee Bean:
• Arabica
• Robusta
Market by, Product Type:
• Whole-Bean
• Ground Coffee
• Instant Coffee
• Coffee Pods and Capsules
Market by, Distribution Channel:
• On-Trade
• Off-Trade
Market by, Geography:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Table Of Content
1 Market Overview
1.1 Introduction
1.2 Research Objectives
1.3 Market Segmentation
1.4 Stakeholders
1.5 List of Acronyms
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Data Sources
3.6 Assumptions
4 Market Dynamics
4.1 Market Drivers
4.1.1 Growing Acceptance of Single-Serve Coffee Brew Systems by the Consumers
4.1.2 Rising Demand for Certified Coffee Products
4.2 Market Restraints
4.2.1 Lack of Sustainable Practice in the Coffee Plantation
4.3 Market Opportunities
4.3.1 Increasing Organic Demand Owing to the Rising Awareness of Health Benefits
4.4 Market Challenges
4.4.1 Requirement for High Cost Investment
4.5 Impact of COVID-19 on Coffee Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Coffee Market by, Coffee Bean
6.1 Overview
6.2 Arabica
6.3 Robusta
7 Global Coffee Market by, Product Type
7.1 Overview
7.2 Whole-Bean
7.3 Ground Coffee
7.4 Instant Coffee
7.5 Coffee Pods and Capsules
8 Global Coffee Market by, Distribution Channel
8.1 Overview
8.2 On-Trade
8.3 Off-Trade
8.3.1 Supermarkets/Hypermarkets
8.3.2 Convenience Stores
8.3.3 Specialist Retailers
8.3.4 Independent Retailers
9 Global Coffee Market by, Geography
9.1 Overview
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa
10 Key Developments
11 Company Profiling
11.1 Algie & Co. Ltd.
11.1.1 Business Overview
11.1.2 Product/Service Offering
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Activities
11.2 Douwe Egberts
11.3 Jacobs
11.4 Keurig Green Mountain
11.5 Matthew
11.6 Nestlé S.A.
11.7 Starbucks Corp.
11.8 Strauss Group Ltd.
11.9 Tata Global Beverages
11.10 Tchibo coffee
11.11 The Kraft Heinz Co.
11.12 Unilever Plc
Report Details
SKU Code | : DI2039 |
Industry | : Food & Beverages |
Region | : Global |
Tables | : 126 |
Format | : Electronic PDF |
Published | : 2023 |
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