The Decaffeinated Roasted Coffee by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Decaffeinated Roasted Coffee, The decaffeinated roasted coffee market size has grown strongly in recent years. It will grow from $2.63 billion in 2023 to $2.82 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to increased awareness of caffeine sensitivity, expanding market for specialty coffee, demand for diverse coffee options, consumer preference for premium products, marketing strategies emphasizing health benefits.
The decaffeinated roasted coffee market size is expected to see strong growth in the next few years. It will grow to $3.64 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to continued health and wellness focus, innovation in decaffeination processes, rise in specialty coffee popularity, growing interest in sustainable coffee , expanding market for functional beverages. Major trends in the forecast period include diversification of decaf coffee formats, gourmet decaf coffee experiences, social media influencing decaf trends, introduction of non-dairy decaf alternatives, adoption of carbon neutral practices.
The growing awareness regarding the harmful physiological effects associated with caffeine is expected to propel the growth of the decaffeinated roasted coffee market going forward. Caffeine is a bitter substance found in the leaves and beans of the coffee plant and some other plants. It is a stimulant and has certain physiological effects. Recently people have been becoming aware of the health risks of caffeine consumption and thus are choosing decaffeinated coffee over normal ones. For instance, in August 2022, according to a study conducted by the University of South Australia, an Australia-based public university, six or more cups of coffee each day might alleviate the chances of heart disease by up to 22%. Therefore, the increasing awareness regarding the harmful effects of caffeine is driving the growth of the decaffeinated roasted coffee market.
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The decaffeinated roasted coffee market covered in this report is segmented –
1) By Form: Whole, Ground, Other Forms
2) By Distribution Channel: Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Other Distribution Channels
3) By End Use: Retail/Household, Foodservice
Top Major Players:
- Luigi Lavazza S.p.A
- Nestle S.A
- Joe Coffee Company
- Peet’s Coffee & Tea Inc.
- The Kraft Heinz Company
Europe was the largest region in the decaffeinated roasted coffee market in 2023.
Product innovations are a key trend gaining popularity in the decaffeinated roasted coffee market. Major companies in the market are developing innovative products to strengthen their position in the market. For instance, in August 2022, Brewpoint Coffee, a US-based company operating in decaffeinated roasted coffee launched Coffee containing cannabidiol (CBD)-Infused Coffees Over the Moon, which aims to delight, elevate and keep the chill around the various parts of the day. There are two coffees of the “Over the Moon ”—New Moon and Full Moon. New Moon has unique features like medium-roast CBD single-origin Ethiopian coffee with caramel, green tea, jasmine and lemon and Full Moon has unique features like medium-roast, decaf CBD single-origin Columbian that has been made from 99.9% decaffeinated coffee beans roasted rich, smooth and full-bodied to taste with toasted almond and hazelnut.
The decaffeinated roasted coffee market report table of contents includes:
1. Executive Summary
2. Decaffeinated Roasted Coffee Market Characteristics
3. Global Decaffeinated Roasted Coffee Market Trends And Strategies
4 Decaffeinated Roasted Coffee Market – Macro Economic Scenario
5. Global Decaffeinated Roasted Coffee Market Size and Growth
…….
26. Global Decaffeinated Roasted Coffee Market Competitive Benchmarking
27. Global Decaffeinated Roasted Coffee Market Competitive Dashboard
28. Key Mergers and Acquisitions In Decaffeinated Roasted Coffee Market
29. Decaffeinated Roasted Coffee Market Future Outlook and Potential Analysis
30. Appendix
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