Global Green Coffee Bean Extract Market Overview
As per MRFR analysis, the Green Coffee Bean Extract Market Size was estimated at 1.54 (USD Billion) in 2022.
The Green Coffee Bean Extract Market Industry is expected to grow from 1.61(USD Billion) in 2023 to 2.45 (USD Billion) by 2032. The Green Coffee Bean Extract Market CAGR (growth rate) is expected to be around 4.75% during the forecast period (2024 - 2032).
Key Green Coffee Bean Extract Market Trends Highlighted
Key market drivers include rising concerns over caffeine sensitivity, increasing demand for natural and organic food ingredients, and growing awareness of the potential health benefits of green coffee bean extract. The market is also driven by the growing popularity of functional food and beverages, as well as the increasing adoption of a healthy lifestyle among consumers.
Several opportunities exist for market players, such as expanding into emerging markets, developing new product applications, and focusing on product differentiation. The market is also expected to benefit from the growing popularity of online retail channels, which provide consumers with access to a wider range of green coffee bean extract products.
Recent trends in the market include the growing demand for clean-label products, the increasing use of green coffee bean extract in weight management supplements, and the development of new extraction technologies. The market is also expected to be driven by the growing popularity of coffee-infused personal care products and the increasing demand for sustainable and ethical products.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Green Coffee Bean Extract Market Drivers
Rising Health Consciousness and Demand for Natural Ingredients
People are becoming more and more concerned about their health and, as a consequence, looking for natural and organic substances that could enhance their well-being. Green coffee beans extract from unroasted seeds of this plant and contains a high amount of chlorogenic acid, which has proved to be beneficial to a person’s health in a variety of ways. Green coffee bean extract helps to lose weight and control blood sugar levels as well as reduce health risks such as heart disease and type 2 diabetes.As of 2017, the Green Coffee Bean Extract Market size is USD 327.6 million and is influenced by the growing need among the modern population for safe and natural substances that improve their health. The trend towards functional food and beverages that intensively use green coffee bean extract encourages a further market enhancement.
Expansion of the Food and Beverage Industry
The food and beverage industry is one of the fast-growing industries, especially in developing countries. The rise of the industry is attributed to increasing disposable income, change in lifestyles and urbanization. As a result, there is an increase in demand for new and innovative foods and beverages. In the attempt to meet this demand, food and beverage manufacturers are looking for new and health-friendly ingredients. Green coffee bean extract is an example of an ingredient that is in high demand as it is used in a variety of food and beverage products such as coffee, tea, supplements, and energy drinks.Therefore, the growth of the food and beverage industry is an important driver of the Green Coffee Bean Extract Market Industry.
Growing Demand from the Pharmaceutical Industry
The pharmaceutical industry is increasingly using green coffee bean extract in the development of new drugs and supplements. Chlorogenic acid, the main active ingredient in green coffee bean extract, has been shown to have antioxidant, anti-inflammatory, and anti-cancer properties. As a result, pharmaceutical companies are investigating the use of green coffee bean extract in the treatment and prevention of a variety of diseases, including obesity, diabetes, and cancer.The growing demand from the pharmaceutical industry is therefore another key driver of growth for the Green Coffee Bean Extract Market Industry.
Green Coffee Bean Extract Market Segment Insights
Green Coffee Bean Extract Market Organic vs. Conventional Insights
Organic vs. Conventional The Green Coffee Bean Extract Market is segmented into organic and conventional. The organic segment is likely to grow at a significant pace over the future period owing to the rising demand for organic and clean label products. Consumers are more aware of these benefits, which is why they are willing to pay more for these products. Moreover, in 2023, the organic green coffee bean extract market was valued at USD 0.41 billion. This segment is likely to grow at a CAGR of 6.1% during the future period, and by 2032 it will likely be valued at USD 0.59 billion.The growth of this segment is also driven by the increasing demand for organic and clean label products across the food and beverage industry. Simultaneously, the growth of the conventional green coffee bean extractmarket is not likely to be that high. It is expected to be valued at USD 1.20 billion in 2023 and is expected to grow to USD 1.56 billion by 2032, growing at a rate of 3.2% during the future period. This is because the cost of conventional coffee is less; as a result, the demand for this coffee is generally high.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Green Coffee Bean Extract Market Extraction Process Insights
The Green Coffee Bean Extract Market is segmented by extraction process into water extraction and solvent extraction. Water extraction is the most common method used to extract green coffee bean extract, and it involves steeping the coffee beans in hot water to dissolve the desired compounds. Solvent extraction, on the other hand, uses a solvent such as ethanol or hexane to extract the compounds from the coffee beans. In 2023, the water extraction segment accounted for approximately 60% of the Green Coffee Bean Extract Market revenue, while the solvent extraction segment accounted for the remaining 40%.The water extraction segment is expected to continue to dominate the market over the forecast period, owing to its low cost and ease of implementation. The solvent extraction segment is expected to grow at a faster rate than the water extraction segment over the forecast period, due to its ability to extract a wider range of compounds from the coffee beans. Key industry players are focusing on developing new and innovative extraction technologies to improve the efficiency and yield of the extraction process. For instance, in 2022, a leading market player introduced a new water extraction technology that claimed to increase the yield of green coffee bean extract by up to 20%.
Green Coffee Bean Extract Market Raw Material Source Insights
Robusta and Arabica coffee beans are the two main raw materials used in the production of green coffee bean extract. Robusta beans are more commonly used due to their higher caffeine content, which gives the extract a stronger flavor and aroma. Arabica beans, on the other hand, are known for their smoother, more balanced flavor. In terms of market share, Robusta beans accounted for approximately 65% of the Green Coffee Bean Extract Market in 2023, while Arabica beans accounted for the remaining 35%. The market for Robusta coffee bean extract is expected to grow at a CAGR of 4.5% during the forecast period, while the market for Arabica coffee bean extract is expected to grow at a CAGR of 5.2%.The increasing demand for coffee products, particularly in emerging markets, is a major factor driving the growth of the green coffee bean extract market. Additionally, the growing popularity of functional beverages and supplements is also contributing to the market growth.
Green Coffee Bean Extract Market Application Insights
The Green Coffee Bean Extract Market is segmented by Application into Dietary Supplements, Food and Beverage, Cosmetics and Personal Care, and Pharmaceuticals. The Dietary Supplements segment is projected to hold the largest market share, reaching a valuation of 1.21 Billion USD by 2032. This dominance is attributed to the rising popularity of natural and organic supplements for weight management and overall well-being. The Food and Beverage segment is estimated to witness a significant increase in demand, particularly in functional beverages and fortified food products.The Cosmetics and Personal Care segment is gaining traction due to the growing awareness of the anti-aging and skin-brightening properties of green coffee bean extract. The Pharmaceuticals segment is anticipated to benefit from ongoing research exploring the therapeutic potential of green coffee bean extract in managing chronic diseases.
Green Coffee Bean Extract Market Concentration Insights
The concentration segment plays a significant role in shaping the dynamics of the Green Coffee Bean Extract Market. The market is moderately concentrated, with the top players accounting for a substantial market share. In 2023, the '50-70%' concentration segment held the largest market share, estimated at around 35%. This segment is characterized by a few dominant players with strong brand recognition and a wide distribution network. The companies in this segment have a competitive advantage in terms of economies of scale and established customer relationships.The 'Less than 50%' concentration segment is projected to witness steady growth over the forecast period. This segment is driven by the emergence of new entrants and regional players who are gaining market share by offering competitive pricing and innovative products. The 'Greater than 70%' concentration segment is expected to experience moderate growth. This segment is dominated by a few large multinational corporations that have a global reach and a strong hold on the supply chain. Overall, the concentration segment is expected to continue to evolve as new players enter the market and existing players strengthen their positions.Strategic partnerships, mergers, and acquisitions are likely to shape the competitive landscape in the coming years.
Green Coffee Bean Extract Market Regional Insights
The regional segmentation of the Green Coffee Bean Extract Market offers valuable insights into the market's geographic distribution and growth dynamics. North America is projected to account for a significant share of the market, driven by rising demand for natural and organic products in the region. Europe is another key market, with a growing focus on health and wellness leading to increased consumption of green coffee bean extract. The APAC region is anticipated to witness substantial growth over the forecast period, owing to increasing disposable income and changing lifestyles.South America and MEA also represent promising markets for green coffee bean extract, with growing consumer awareness of its health benefits.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Green Coffee Bean Extract Market Key Players And Competitive Insights
Major players in Green Coffee Bean Extract Market industry are constantly striving to gain a competitive edge by investing in research and development, expanding their product portfolios, and forming strategic partnerships. Leading Green Coffee Bean Extract Market players are focused on developing innovative products that meet the evolving needs of consumers. The Green Coffee Bean Extract Market industry is characterized by intense competition, with key players vying for market share through aggressive marketing campaigns and product differentiation strategies. Green Coffee Bean Extract Market development is driven by factors such as rising consumer awareness of health and wellness, increasing disposable income, and growing demand for natural and organic products.A leading company in the Green Coffee Bean Extract Market is Nestle. The company has a strong global presence and a diverse product portfolio, which includes a range of green coffee bean extract products. Nestle is committed to innovation and sustainability, and it invests heavily in research and development to create new products that meet the needs of its customers. The company has a strong focus on quality and safety, and it complies with all applicable regulations and standards. Nestle's commitment to its customers and its dedication to providing high-quality products have made it a leader in the Green Coffee Bean Extract Market.A competitor company in the Green Coffee Bean Extract Market is Archer Daniels Midland Company. The company has a strong presence in the United States and Europe, and it produces a wide range of food ingredients, including green coffee bean extract. Archer Daniels Midland Company is focused on providing high-quality products and services to its customers, and it has a strong commitment to innovation. The company invests in research and development to create new products and improve its existing products. Archer Daniels Midland Company's commitment to quality and innovation has made it a leading competitor in the Green Coffee Bean Extract Market.
Key Companies in the Green Coffee Bean Extract Market Include
- Cosucra Group
- Espresso Coffee Global Group
- Kerry Group
- DohlerGroup
- Thai Nichirin Company
- Archer Daniels Midland Company
- Farbest Brands
- AarhusKarlshamn
- Nestle
- Glanbia
- Prinova Group LLC
- Cargill
- Naturex
- Nutraceutical Group
Green Coffee Bean Extract Market Industry Developments
The Green Coffee Bean Extract Market is projected to grow from USD 1.61 billion in 2024 to USD 2.45 billion by 2032, exhibiting a CAGR of 4.75% during the forecast period. The rising demand for natural and organic food ingredients, coupled with the growing awareness of the health benefits associated with green coffee bean extract, is driving market growth. Furthermore, increasing applications in the food and beverage, nutraceutical, and cosmetic industries are expected to boost market expansion. Strategic partnerships, collaborations, and mergers and acquisitions among industry players are anticipated to shape the competitive landscape in the coming years.
Green Coffee Bean Extract Market Segmentation Insights
- Green Coffee Bean Extract Market Organic vs. Conventional Outlook
- Organic Green Coffee Bean Extract
- Conventional Green Coffee Bean Extract
- Green Coffee Bean Extract Market Extraction Process Outlook
- Water Extraction
- Solvent Extraction
- Green Coffee Bean Extract Market Raw Material Source Outlook
- Robusta Coffee Beans
- Arabica Coffee Beans
- Green Coffee Bean Extract Market Application Outlook
- Dietary Supplements
- Food and Beverage
- Cosmetics and Personal Care
- Pharmaceuticals
- Green Coffee Bean Extract Market Concentration Outlook
- Less than 50%
- 50-70%
- Greater than 70%
| Report Attribute/Metric |
Details |
| Market Size 2022 |
1.54(USD Billion) |
| Market Size 2023 |
1.61(USD Billion) |
| Market Size 2032 |
2.45(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
4.75% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Cosucra Group ,Espresso Coffee Global Group ,Kerry Group ,DohlerGroup ,Thai Nichirin Company ,Archer Daniels Midland Company ,Farbest Brands ,AarhusKarlshamn ,Nestle ,Glanbia ,Prinova Group LLC ,Cargill ,Naturex ,Nutraceutical Group |
| Segments Covered |
Organic vs. Conventional ,Extraction Process ,Raw Material Source ,Application ,Concentration ,Regional |
| Key Market Opportunities |
Functional beverages Weight management supplements Skincare products Antiaging cosmetics Pharmaceutical applications |
| Key Market Dynamics |
Rising health consciousness increasing demand for natural ingredients technological advancements growing awareness of weight management benefits expanding applications in food amp beverages |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Green Coffee Bean Extract Market size was valued at USD 1.61 billion in 2023 and is expected to expand at a CAGR of 4.75% from 2023 to 2032, reaching USD 2.45 billion by 2032.
North America and Europe are the dominant regions in the Green Coffee Bean Extract Market. Asia-Pacific is anticipated to register the fastest CAGR over the forecast period due to rising disposable income and changing lifestyles.
The chlorogenic acid segment is expected to hold the largest market share in the Green Coffee Bean Extract Market over the forecast period owing to its antioxidant and anti-inflammatory properties.
Key competitors in the Green Coffee Bean Extract Market include Nestle, Archer Daniels Midland Company, and Glanbia plc.
Green Coffee Bean Extract is primarily used in the food and beverage industry as a flavoring agent and functional ingredient. It is also gaining popularity in the pharmaceutical and dietary supplement industries due to its potential health benefits.
Rising consumer awareness about the health benefits of green coffee bean extract, increasing demand for natural and organic food products, and growing applications in the pharmaceutical industry are the major factors driving the growth of the Green Coffee Bean Extract Market.
The Green Coffee Bean Extract Market faces challenges such as fluctuations in coffee bean prices, stringent regulatory requirements, and intense competition from synthetic alternatives.
Growing health consciousness among consumers, expanding applications in the pharmaceutical industry, and increasing demand for natural and organic products present significant growth opportunities for the Green Coffee Bean Extract Market.
Key trends shaping the Green Coffee Bean Extract Market include the rising popularity of functional food and beverages, increasing demand for plant-based ingredients, and the growing adoption of e-commerce platforms.
The Green Coffee Bean Extract Market is projected to grow from USD 1.61 billion in 2023 to USD 2.45 billion by 2032, exhibiting a CAGR of 4.75% during the forecast period.
