Coffee is a popular drink worldwide, and it has many health benefits. It can help reduce the risk of heart disease, improve memory and thinking skills, and improve physical performance. It can also help to maintain a healthy weight. Coffee cherries (coffee beans) are the fruit of a plant that is native to tropical regions in Africa, Asia, South America and Central America. The beans are gathered from the coffee cherry and then processed through a variety of methods before they're roasted.
Market Dynamics:
The coffee market is growing at a rapid pace and the demand for different types of coffee is increasing across the world. This is mainly due to its functional benefits and popularity among consumers. In addition, it is a good source of income for coffee farmers as well. Another important factor driving growth of the global coffee market is the increase in demand for organically and sustainably cultivated decaffeinated coffee. The rise in demand for decaffeinated coffee is attributed to the health benefits it offers, including better metabolic rate and endurance, as compared to non-decaffeinated coffee.
On contrary fluctuating climatic conditions is hampering coffee plantation, hence restricting market growth.
Key features of the study:
- This report provides in-depth analysis of the global coffee market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global coffee market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include The Kraft Heinz Company, Starbucks Coffee Company, The J.M. Smucker Company, Luigi Lavazza SPA, Nestle SA, The Coca-Cola Company, JAB Holding Company, Tata Global Beverages, Tchibo GmbH, and Strauss Group Ltd
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global coffee market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global coffee market
Detailed Segmentation:
- Global Coffee Market, By Product Type
- Whole Bean
- Ground Coffee
- Instant Coffee
- Coffee Pods and Capsules
- Global Coffee Market, By Distribution Channel
- On-trade
- Off-trade
- Supermarkets/hypermarkets
- Convenience Stores
- Specialist Retailers
- Other Off-trade Channels
- Global Coffee Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- The Kraft Heinz Company
- Starbucks Coffee Company
- The J.M. Smucker Company
- Luigi Lavazza SPA
- Nestle SA
- The Coca-Cola Company
- JAB Holding Company
- Tata Global Beverages
- Tchibo GmbH
- Strauss Group Ltd