Market Research Future (MRFR) has published a cooked research report on the “Global Decaf Coffee Market” that contains information from 2022 to 2030. The Global Decaf Coffee Market is estimated to register a CAGR of 4.45% during the forecast period of 2022 to 2030.
MRFR recognizes the following companies as the key players in the Global Decaf Coffee Market— Cravium Foods LLP, Colombian Brew Ground Coffee, Nestle S.A., Lifeboost Coffee, Dunkin' Brands Group Inc., Fresh Roasted Coffee LLC, Volcanica Coffee LLC, Kicking Horse Coffee Co. Ltd., Koffee Kult, Eight O’Clock Coffee Company, Cafedirect PLC, and Grindhouse Coffee Roasters.
Decaf Coffee Market Highlights
The Global Decaf Coffee Market is accounted to register a CAGR of 4.45% during the forecast period and is estimated to reach USD 26.45 Billion by 2030.
The Global Decaf Coffee Market refers to the worldwide market for decaffeinated coffee products. Decaffeinated coffee is coffee that has undergone a process to remove most or all of its caffeine content while retaining the flavor and aroma characteristics of regular coffee.
The Global Decaf Coffee Market is influenced by factors such as consumer preferences, health concerns, and lifestyle choices. Some people choose decaf coffee to reduce their caffeine intake or because they are sensitive to caffeine.
Segment Analysis
The Global Decaf Coffee Market has been segmented based on type, category and sales channel.
On the basis of type, the market is segmented into arabica and robusta. robusta is the fastest-growing category due to the lower prices of these products.
Based on category, the market has been segmented into organic and conventional. The increasing demand for healthier beverages among millennials due to consciousness regarding personal health may strengthen the market growth.
Based on sales channel, the market has been segmented into store-based and non-store-based.
Regional Analysis
The Global Decaf Coffee Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Decaf Coffee Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Decaf 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 Global Decaf Coffee Market comprises of Middle East, Africa, and Latin America.
North America is a prominent market for decaf coffee, driven by the United States and Canada. The region has a large consumer base with diverse coffee preferences. Health-conscious consumers, specialty coffee enthusiasts, and individuals with caffeine sensitivities contribute to the demand for decaf coffee products.
Europe is another major market for decaf coffee. European consumers appreciate high-quality coffee and often seek organic and fair trade options. The presence of a vibrant coffee culture and increasing health consciousness among Europeans support the growth of the decaf coffee market in the region.
The Asia Pacific region, particularly countries like Japan, South Korea, and Australia, has witnessed a growing demand for decaf coffee in recent years. The market is driven by changing lifestyles, rising coffee consumption, and increasing awareness of the health benefits of decaf coffee.
Furthermore, the rest of the world's Global Decaf Coffee Market is divided into the Middle East, Africa, and Latin America. Latin American countries, known for their rich coffee production, also contribute to the global decaf coffee market. The demand for decaf coffee in Latin America is influenced by both domestic consumption and exports to other regions.
Key Findings of the Study
- The Global Decaf Coffee Market is expected to reach USD 26.45 Billion by 2030, at a CAGR of 4.45% during the forecast period.
- The North American region has a large consumer base with diverse coffee preferences. Health-conscious consumers, specialty coffee enthusiasts, and individuals with caffeine sensitivities contribute to the demand for decaf coffee products.
- Based on category, the market has been segmented into organic and conventional holding the largest market in 2022.
- Cravium Foods LLP, Colombian Brew Ground Coffee, Nestle S.A., Lifeboost Coffee, Dunkin' Brands Group Inc., Fresh Roasted Coffee LLC, Volcanica Coffee LLC, Kicking Horse Coffee Co. Ltd., Koffee Kult, Eight O’Clock Coffee Company, Cafedirect PLC and Grindhouse Coffee Roasters.
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Companies Covered | 15 |
Pages | 111 |
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