Roasted Coffee Market Size was valued at USD 42.1 Billion in 2022. The roasted coffee industry is projected to grow from USD 44.5 Billion in 2023 to USD 70.5 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.90% during the forecast period (2023 - 2032). Growing coffee consumption and innovations in roasting technology are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Specialty coffee, which emphasizes distinctive flavors, different origins, and rigorous production techniques, represents a better quality and more refined part of the coffee market. Consumer tastes, supply chain dynamics, retail strategies, and the broader coffee culture have all been significantly impacted by this development in the coffee market. The specialty coffee trend has influenced innovation in the coffee industry in addition to altering consumer behavior and business procedures. To provide unique and memorable coffee experiences, roasters and baristas continuously experiment with novel roasting techniques, brewing procedures, and flavor profiles. The specialty Coffee Market is growing as a result of this innovation, which not only meets the demands of fans but also draws in a wider clientele. The specialty coffee trend has spread beyond coffee houses and cafés and into the retail industry. Supermarkets, internet marketplaces, and specialty food shops all now carry specialty coffee brands. A larger range of consumers now have easier access to specialty coffee, which has helped the market as a whole to expand into the retail sector.
Customers are no longer content with generic, mass-produced coffee as they become more knowledgeable and picky about coffee. Instead, they look for coffee with a unique flavor and aroma, which is frequently connected to certain coffee-growing regions, micro-lots, or single-origin beans. Since consumer tastes have changed, there is a greater demand for specialty coffee beans, which motivates coffee manufacturers to concentrate on making higher-quality goods. The way coffee is sourced and made has changed as a result of the specialty coffee trend. Nowadays, coffee growers and roasters are more dedicated to the ethical and sustainable methods that are frequently connected to specialty coffee. This entails encouraging fair trade, organic farming, and direct business ties with coffee producers. Specialty coffee firms that uphold these ideals get a competitive edge in the market as customers place an increased emphasis on transparency and ethical issues.
Artisanal coffee roasters and coffee shops have experienced a revival as a result of the growth of specialty coffee. These businesses take great care in using the best beans and hiring expert roasters who can bring out the best in each type of coffee. Because of this, specialty coffee shops have emerged as popular places for coffee lovers looking for distinctive and memorable coffee experiences. Due to the spread of specialty coffee shops around the world as a result, the market has been further stimulated by the promotion of a high-quality coffee culture. The mechanics of coffee pricing have also been significantly impacted by the specialty coffee trend. Specialty coffee frequently costs more than commodity-grade coffee because of its scarcity, superior quality, and distinctive features. Coffee farmers and producers are motivated to concentrate on growing higher-quality beans as more customers are willing to pay more for specialty coffee. This can result in increased profitability for the coffee industry as a whole. Thus, driving the Roasted Coffee Industry revenue.
The Roasted Coffee Market segmentation, based on type, includes arabica & robusta. The arabica segment dominated the market in 2022. Coffee experts and amateurs alike adore Arabica because it has the sweetest and most flavorful beans of any variety. Additionally, arabica has a mild and delicate flavor and contains less caffeine, which leads to its widespread consumption and the segment's growth.
Figure 1: Roasted Coffee Market, by type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Roasted Coffee Market segmentation, based on distribution channel, includes B2B, B2C, hypermarkets & supermarkets, convenience stores, online & others. The B2B category generated the most income in 2022. Due to the increasing number of cafes and coffee shops, the product's sales are increasing globally. Additionally, roasted coffee is widely offered by many establishments in the hospitality sector, including as hotels, restaurants, and others, which is predicted to boost the sector in the years to come.
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. Europe Roasted Coffee Market dominated this market in 2022 (45.80%). The demand for roasted coffee has been driven by the expansion of coffee shops and cafés across Europe. These places frequently place an emphasis on premium coffee beans and provide a wide range of coffee-based beverages, luring coffee connoisseurs and fostering the growth of the sector as a whole. Further, the German Roasted Coffee held the largest market share, and the UK roasted coffee industry was the fastest growing market in the European region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: ROASTED COFFEE MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The North America Roasted Coffee Market accounts for the second-largest market share. North America has a vibrant and expanding culture of coffee consumption, especially in the United States and Canada. For many residents of the area, coffee is an essential part of everyday life, and a sizeable percentage of individuals frequently consume roasted coffee products. Further, the U.S. market of roasted coffee held the largest market share, and the Canada Roasted Coffee was the fastest growing market in the North America region.
The Asia-Pacific Roasted Coffee Market is expected to grow at the fastest CAGR from 2023 to 2032. In the Asia-Pacific area, coffee consumption has been extensively promoted by coffee firms and worldwide coffee chains. They have created a coffee-drinking culture and increased consumer knowledge of coffee through marketing campaigns, events, and collaborations. Moreover, China’s roasted coffee industry held the largest market share, and the Indian roastd coffee was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Roasted Coffee Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Roasted coffee industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Roasted coffee industry to benefit clients and increase the market sector. In recent years, the Roasted coffee industry has offered some of the most significant advantages to medicine. Major players in the Roasted Coffee Market, including Nestle, Starbucks Coffee Company, JDE Peet's, Tchibo Coffee, LUIGI LAVAZZA SPA, Strauss Coffee BV, The J.M. Smucker Company, Melitta, UCC UESHIMA COFFEE CO., LTD., Massimo Zanetti Beverage USA and others, are attempting to increase market demand by investing in research and development operations.
Starbucks Corp., also known as Starbucks, sells specialty coffee. Roasted specialty coffee is promoted and sold in retailers. Through its shops, the company sells a range of coffee blends, artisan beverages, merchandise, and other items. Starbucks also sells prepared beverages, pastries, whole bean and ground coffee, as well as other alcoholic beverages. Some of its brands include Teavana, Starbucks Reserve, Princi, and Ethos. The company has operations across Asia-Pacific, the Middle East, Africa, Europe, and the Americas through its owned and licensed stores. It operates roasting, production, storage, and distribution operations not only in China but also in Nevada, Pennsylvania, Tennessee, and Washington in the United States. Starbucks is based in Seattle, Washington, in the United States.
Luigi Lavazza SpA (Lavazza), a branch of Finlav SPA, produces and markets savory, flavored, and caffeinated products. Lavazza offers a range of coffee blends and related products to coffee shops, restaurants, and other companies operating in the worldwide foodservice sector through its extensive retail network. Lavazza also offers espresso coffee makers and espresso capsules for sale. The corporation operates coffee shops through its subsidiaries using the franchising and licensing business models. It also conducts training programs to spread Italian coffee culture through coffee shops. Among the nations where the organization does business are Denmark, the US, Brazil, Argentina, the UK, France, Germany, Sweden, Austria, Australia, and India. Lavazza's corporate office is located in Turin, Piemonte, Italy.
Roasted Coffee Industry Developments
August 2022: FairWave, a collection of specialty coffee businesses with headquarters in Kansas City, Missouri, acquired Up Coffee Roasters, a Minneapolis-based company, to help spread the word about high-quality coffee in the neighborhood.
July 2022: Specialty coffee roaster Iron & Fire has unveiled a brand-new website designed exclusively for wholesale clients. Since its reopening, Iron & Fire has grown tremendously, supplying coffee shops, bar chains, restaurants, garden centers, hotels, and other venues.
February 2022: According to Bellwether Coffee, the business that created a sustainable commercial coffee roaster, the Series 2 Bellwether Automated Roasting System was released. The new roaster is a step toward transforming the coffee industry, making it more accessible to all communities and environmentally benign, claims the company.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 42.1 Billion |
| Market Size 2023 | USD 44.5 Billion |
| Market Size 2032 | USD 70.5 Billion |
| Compound Annual Growth Rate (CAGR) | 5.90% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Nestle, Starbucks Coffee Company, JDE Peet's, Tchibo Coffee, LUIGI LAVAZZA SPA, Strauss Coffee BV, The J.M. Smucker Company, Melitta, UCC UESHIMA COFFEE CO., LTD., Massimo Zanetti Beverage USA |
| Key Market Opportunities | Coffee has been demonstrated to benefit heart health. |
| Key Market Dynamics | Rising consumption of fresh coffee |
Frequently Asked Questions (FAQ) :
The Roasted Coffee Market size was valued at USD 42.1 Billion in 2022.
The global market is projected to grow at a CAGR of 5.90% during the forecast period, 2023-2032.
Europe had the largest share in the global market
The key players in the market are Nestle, Starbucks Coffee Company, JDE Peet's, Tchibo Coffee, LUIGI LAVAZZA SPA, Strauss Coffee BV, The J.M. Smucker Company, Melitta, UCC UESHIMA COFFEE CO., LTD., Massimo Zanetti Beverage USA.
The Arabica category dominated the market in 2022.
The B2B had the largest share in the global market.
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