The Global Coffee Beverage Market size is expected to grow at a CAGR of 4.3% during the forecast period, to reach an estimated value of USD 1 trillion by 2028. North America dominated the global coffee beverages market and will continue to do so through the forecast period, with Europe being its closest competitor.
Coffee is a brewed drink prepared from roasted coffee beans. The main types of coffee are Arabica and Robusta, but many blends also exist. Coffee has become one of the most consumed beverages in the world since it was introduced to Europe over 500 years ago. The National Coffee Association reports that 79% of Americans have at least one cup per day with 31% drinking two or more cups daily. A number of medical studies suggest beneficial health effects associated with consuming coffee including protection against type II diabetes, Parkinson's disease, cardiovascular diseases such as stroke, and liver cancer.
On basis of Type, the market is segmented into Instant, Filter and Bean-To-Cup, Ready-to-drink Coffee. The market for instant coffee is forecasted to grow at the fastest CAGR over 2021 - 2028 owing to its low price point that attracts budget-conscious consumers. Furthermore, high demand from foodservice companies as a result of their need for lower-cost alternatives in order to compete with new entrants/established players will also drive the growth of this segment.
Instant coffee is a type of beverage that has been brewed and then dehydrated to remove moisture. It can be made from any kind of roasted beans, but the most popular are ground espresso or drip-brewed coffee. Instant coffee is often mixed with hot water just before drinking.
Filter coffee is a type of coffee made by dripping ground roasted beans through an urn filled with hot water. It can be any type of bean (e.g., arabica, robusta), but the most popular are Arabica or Robusta. This form also makes it easier to control how finely the grinds are filtered and hence less likely for them to seep into other types of drinks like tea or milk. Filter coffees taste distinctly different than instant coffee because they have more body and flavor due to being brewed rather than dehydrated
Bean-to-Cup Coffee is a type of coffee made by grinding whole beans, then adding hot water and milk or cream to the ground coffee. This form also makes it easier to control how finely the grinds are filtered and hence less likely for them to seep into other types of drinks like tea or milk. Bean-to-Cup coffees taste distinctly different than instant coffee because they have more body and flavor due to being brewed rather than dehydrated.
Ready-to-drink coffee is a beverage that has been pre-packaged and chilled for sale in grocery stores. It can be made from any type of roasted beans, but the most popular are ground espresso or drip-brewed coffee. It contains much less sugar than traditional hot drinks like Frappuccinos. This makes it more accessible as an option for children at school cafeterias or parents on busy mornings trying to get their kids out the door with breakfast. Ready-to-drink coffee also offers another opportunity for profit due to lower production costs when compared to other types of beverages such as sodas and juice products.
On basis of Application, the market is segmented into Hypermarkets/Supermarkets, Convenience Stores, Specialty Coffee Shops, Online Retail, Others. With the Hypermarkets/ Supermarket segment-leading this market with a high share. The convenience store, specialty coffee shop, and online retail segments are also gaining traction in terms of penetration owing to an increasing number of customers preferring these channels for purchasing their products. The Online Retail segment is expected to grow at the highest CAGR during the forecast period due to growing popularity among consumers who prefer shopping on eCommerce websites over brick & mortar stores.
On basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in North America is expected to be the largest owing to an increased demand for these beverages by consumers who are keen on having a healthy lifestyle with their coffee consumption. The fastest-growing regional market is projected to be the Asia Pacific over the next five years. This can be attributed primarily due to the high demand for coffee in this region which has led companies such as Starbucks and Nestle S.A., two major players in the Instant Coffee Beverages Market segment, to plan expansions into countries like China and India where they are relatively new entrants. The increasing population coupled with rising disposable incomes will also contribute positively towards significantly boosting these markets’ potentials over time, thereby leading them to become highly lucrative opportunities for investors looking at long-term investments into this sector.
Up Market Research published a new report titled “Coffee Beverages Market research report which is segmented by Types (Instant, Filter, Bean To Cup, Read-To-Drink), By Applications (Hypermarkets/Supermarkets, Convenience Stores, Specialty Coffee Shops, Online Retail, Others), By Players/Companies The Coca-Cola, Nestle, Starbucks, Ting Hsin International, Illycaffe, UCC Ueshima Coffee, Coffee Roasting Schreyogg, Luigi Lavazza, Dunkin'Donut”.
|Report Attributes||Report Details|
|Report Title||Coffee Beverages Market Research Report|
|By Type||Instant, Filter, Bean To Cup, Read-To-Drink|
|By Application||Hypermarkets/Supermarkets, Convenience Stores, Specialty Coffee Shops, Online Retail, Others|
|By Companies||The Coca-Cola, Nestle, Starbucks, Ting Hsin International, Illycaffe, UCC Ueshima Coffee, Coffee Roasting Schreyogg, Luigi Lavazza, Dunkin'Donut|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||204|
|Number of Tables & Figures||143|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Instant, Filter, Bean To Cup, Read-To-Drink and By Application Hypermarkets/Supermarkets, Convenience Stores, Specialty Coffee Shops, Online Retail, Others.
Some of the companies that are profiled in this report are:
Coffee Beverages Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Coffee Beverages Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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