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Global Coffee Market is predicted to reach USD 112.8 billion at a CAGR of 5.12% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Coffee Market” that contains information from 2023 to 2030. The Global Coffee Market is estimated to register a CAGR of 5.12% during the forecast period of 2023 to 2030.


MRFR recognizes the following companies as the key players in the Global Coffee Market— Nestlé S.A., JAB Holding Company, The Coca-Cola Company, Starbucks Corporation, Jacobs Douwe Egberts (JDE), Lavazza Group, Keurig Dr. Pepper Inc, Dunkin' Brands Group, Inc, Tchibo GmbH, illycaffè S.p.A.


Coffee Market Highlights


Global Coffee Market is accounted to register a CAGR of 5.12% during the forecast period and is estimated to reach USD 112.8 Billion by 2030.


Coffee is a globally cherished and widely consumed beverage derived from the seeds of the Coffea plant. Renowned for its rich aroma and stimulating properties, coffee is prepared by roasting and grinding the beans, followed by brewing the grounds with hot water. This beloved beverage offers a complex and diverse range of flavors, ranging from bold and robust to nuanced and delicate, catering to individual preferences. Coffee serves as a source of rejuvenation and a social catalyst, providing a delightful and energizing experience to its aficionados worldwide.


Segment Analysis


The Global Coffee Market has been segmented based on Variety, Form, and Distribution channels.


Based on Variety, the market is segmented into Arabica, Robusta, and Others. The Arabica category dominates the Coffee market due to its superior quality, desirable flavor profile, and widespread popularity among coffee enthusiasts.


Based on Form, the market is segmented into Whole and Ground. The Whole category dominates the Coffee market due to its preference among coffee enthusiasts for freshly ground beans, preserving the coffee's aroma, flavor, and overall quality.


Based on Distribution Channel, the market is segmented into Store-Based and Non-Store-Based. The Store-Based category dominates the Coffee market due to its wide availability, convenience, and the ability for customers to explore and select from a variety of coffee products in physical retail stores.


Regional Analysis


The Global Coffee Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Coffee Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Coffee Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Coffee Market comprises of Middle East, Africa, and Latin America.


In 2022, the North America coffee market reached a valuation of USD 36.4 billion, holding a significant market share of approximately 45.80%. Over the study period, the market is expected to demonstrate substantial growth with a notable CAGR. This growth can be attributed to the increasing consumer preference for coffee as an energy and concentration booster, surpassing regular caffeinated beverages. Market players are employing strategies such as new product development, partnerships, expansions, mergers, and acquisitions to drive growth in the market.


The Europe coffee market holds the second-largest market share, driven by various factors including technological advancements leading to the creation of new coffee products, rising demand for convenient coffee capsules and pods, and the adoption of automatic bean-to-cup machines.


The Asia Pacific coffee market is anticipated to exhibit the fastest growth rate from 2022 to 2030. This growth can be attributed to factors like widespread urbanization and the expanding middle-income population, which are fueling the expansion of the market in the region.


Key Findings of the Study



  • The Global Coffee Market is expected to reach USD 112.8 Billion by 2030, at a CAGR of 5.12% during the forecast period.

  • Europe's coffee market holds the second-largest market share. This dominance can be attributed to the introduction of new products with technological advancements, the rising demand for convenient coffee capsules and pods, and the adoption of automatic bean-to-cup machines.

  • Based on the Variety, the Market has been segmented into Arabica holding the largest market in 2023.

  • Nestlé S.A., JAB Holding Company, The Coca-Cola Company, Starbucks Corporation, Jacobs Douwe Egberts (JDE), Lavazza Group, Keurig Dr. Pepper Inc, Dunkin' Brands Group, Inc, Tchibo GmbH, illycaffè S.p.A.

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Report details
Companies Covered 15
Pages 100
Certified Global Research Member
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