Coffee Extract Market, Liquid Coffee Concentrates Market, Green Coffee Market, Caffeine Market, Decaffeinated Coffee Market
What is the Market Size and Growth Forecast for the Global Coffee Market?
The coffee market size has grown remarkably in recent years. From $69.06 billion in 2024, the market size is forecasted to rise to $73.98 billion in 2025, presenting a compound annual growth rate (CAGR) of 7.1%. This expansion during the historical period can be credited to changing consumer preferences, convenience, on-the-go lifestyles, escalating demand for artisanal and craft coffee products, along with globalization and trade.
Looking ahead, the coffee market is set for significant growth, projected to reach $96.48 billion in 2029, at a CAGR of 6.9%. Factors such as health and wellness trends, premiumization of coffee, sustainable and ethical sourcing, e-commerce, and online retail, functional and specialty coffee are expected to drive this growth during the forecasted period. Customization and DIY trends, collaborations and limited edition offerings, health and wellness focus, packaging innovations for convenience, and the global exploration of coffee origins are trends anticipated to shape the market in the years ahead.
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What are the Key Growth Drivers in the Coffee Market?
An upswing in coffee consumption is expected to be the key propellant for the coffee concentrate, essence, and extract market. Coffee, a beverage prepared from roasted coffee beans, provides various health benefits including improving mental acuity, boosting mood and metabolism, thus leading to a surge in demand in the coffee concentrate, essence, and extract markets. International Coffee Organization (ICD) reported that in 2022, the export of coffee extract in the first two months of 2022/23 increased by 1.6% to 19.56 million bags compared with 19.25 million bags in the same period in 2021/22, signifying an increase in coffee consumption.
What are the Major Segments in the Coffee Market?
1) Coffee Type: Cold Brew Coffee Concentrate, Iced Coffee Concentrate, Top Roast Coffee Concentrate, Black Coffee Concentrate
2) Variety: Arabica, Robusta
3) Caffeine Content: Regular, Decaffeinated
4) Distribution Channels: Supermarkets and Hypermarkets, Online Store, Convenience Stores
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Which are the Key Players in the Global Coffee Market?
Leading companies operating in the coffee market encompass Grady’s Cold Brew LLC, PepsiCo Inc., Tata Coffee Limited, Royal Cup Inc., Ueshima Coffee Co. Ltd., Red Thread Coffee Co., Christopher Bean Coffee, Nestle SA, Slingshot Coffee Co., Synergy Flavors Inc., Artemis Brew LTD., Monin Incorporated, S&D Coffee Inc., Aspen Beverage Group, The J.M. Smucker Company, Illycaffe SpA, The Coca-Cola Company, Tate & Lyle PLC, Jacobs Douwe Egberts BV, Folgers Coffee Company, Sensient Technologies Corporation, Cafe de Colombia, Keurig Dr Pepper Inc., Tchibo GmbH, Strauss Group Ltd., Massimo Zanetti Beverage Group S.p.A., The Kraft Heinz Company, Segafredo Zanetti S.p.A., UCC Holdings Co. Ltd.
What are the Emerging Trends in the Coffee Market?
The introduction of innovative products is a key emerging trend gaining traction in the coffee concentrate, essence, and extract market. A perfect example is the 2023 launch of a unique line of super-premium cold brew ice creams by US-based retailer Reborn Coffee, using coffee extract and concentrates. The product offers excellent flavors coupled with a rich and creamy texture.
Which Region Recorded the Largest Share of the Coffee Market?
In 2024, North America held the largest share of the coffee concentrates, essences, and extracts market. The regions contemplated in this market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Coffee Market Report 2025 Offer?
Coffee concentrates, essences, and extracts are highly concentrated coffee solutions formulated by brewing and reducing coffee beans. They are used to make coffee drinks or added to foods and beverages for a robust coffee flavor. Such concentrates offer convenience for instant coffee preparation, while essences and extracts are predominantly used as flavoring agents. The Coffee Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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