The coffee market size is expected to see strong growth in the next few years. It will grow to $96.48 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to health and wellness trends, premiumization of coffee, sustainable and ethical sourcing, e-commerce and online retail, functional and specialty coffee. Major trends in the forecast period include customization and diy trends, collaborations and limited edition offerings, health and wellness focus, packaging innovations for convenience, global exploration of coffee origins.
The anticipated increase in coffee consumption is set to drive the growth of the coffee market. Coffee, a beverage made from dark brown powder extracted from crushed coffee beans, is gaining popularity due to its taste and various nutritional benefits. Rich in antioxidants and vitamins such as riboflavin, magnesium, and potassium, coffee is also associated with a reduction in the onset of heart diseases. The heightened consumption of coffee has significantly boosted sales and revenue. As of March 2022, statistics from the National Coffee Association, a US-based coffee industry trade association, revealed that 66% of Americans consume coffee every day, surpassing other beverages, including tap water, and witnessing a growth of nearly 14% since January 2021. The increasing consumption of coffee is a key driver propelling the coffee market.
The expanding e-commerce industry is anticipated to drive growth in the coffee market in the coming years. E-commerce, or electronic commerce, refers to the buying and selling of goods and services over the Internet. As the e-commerce sector grows, it offers coffee producers and retailers a dynamic and efficient channel to reach consumers, providing a convenient and diverse shopping experience that contributes to the overall expansion of the coffee market. For example, in August 2024, the United States Census Bureau, a US-based government agency, reported that U.S. retail e-commerce sales for the second quarter of 2024 reached an estimated $282.3 billion, reflecting a 5.3% increase compared to the first quarter of 2023. Thus, the growth of the e-commerce industry is a key driver of the coffee market's expansion.
Product innovation emerges as a notable trend gaining popularity in the coffee market. Major companies in the coffee sector are actively launching innovative products to enhance customer experience and solidify their market position. A case in point is Blue Bottle, a Nestle-owned US-based cafe retailer and specialty coffee roaster, which introduced Craft Instant Espresso in October 2022. This premium instant coffee is produced using premium beans, a unique roasting method, and a slow freeze-drying process. Craft Instant Espresso aims to empower consumers to prepare premium drinks at home without the need for expensive equipment or brewing knowledge. Product innovation remains a crucial factor in shaping the coffee market's landscape and meeting evolving consumer preferences.
Major players in the coffee market are actively pursuing innovations, such as the development of fully automated drive-thru kiosks, as part of their strategy to reach larger customer bases and drive increased sales and revenue. A fully automated drive-thru kiosk represents a self-service ordering and payment system that enables customers to place and pay for their orders without the need for interaction with a human employee. A notable example is Octane Coffee, a US-based coffee roasting company, which launched a Drive-thru Kiosk in March 2023. This innovative kiosk employs a robotic system to prepare and dispense beverages. Customers utilize the Octane Coffee app for order placement and payment, with the system utilizing GPS technology to track the customer's car and ensure that their order is ready upon arrival.
In December 2023, Chobani, a US-based food company, acquired La Colombe for $900 million. This acquisition enables Chobani to leverage La Colombe's strong brand and innovative product range, especially its nitrogen-infused canned lattes and cold brew coffees. By incorporating La Colombe's offerings, Chobani aims to enhance its portfolio of coffee-related products. La Colombe is a US-based coffee company.
Major companies operating in the coffee market include 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.
Europe was the largest region in the coffee market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the coffee market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the coffee market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Coffee, derived from the roasted seeds of the Coffee plant's fruits, is a popular beverage or powder enjoyed for its invigorating qualities.
The primary categories of these coffee concentrates include cold brew coffee concentrate, iced coffee concentrate, top roast coffee concentrate, and black coffee concentrate. Cold brew coffee concentrate involves a distinct process where roasted coffee beans are steeped in cold or room-temperature water over several hours. Varieties consist of arabica and robusta beans, offering diverse caffeine content such as regular and decaffeinated options. These products are distributed through multiple retail channels, including supermarkets, online stores, and convenience outlets.
The coffee market research report is one of a series of new reports that provides coffee market statistics, including coffee industry global market size, regional shares, competitors with a coffee market share, detailed coffee market segments, market trends, and opportunities, and any further data you may need to thrive in the coffee industry. This coffee market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The coffee market consists of sales of Liberica coffee, Cappuccino, Caffe Americano, and Espresso. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Coffee Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on coffee market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for coffee ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The coffee market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Cold Brew Coffee Concentrate; Iced Coffee Concentrate; Top Roast Coffee Concentrate; Black Coffee Concentrate2) by Variety: Arabica; Robusta
3) by Caffeine Content: Regular; Decaffeinated
4) by Distribution Channels: Supermarkets and Hypermarkets; Online Store; Convenience Stores
Subsegments:
1) by Cold Brew Coffee Concentrate: Ready-To-Drink Cold Brew; Cold Brew Coffee Pods; Liquid Cold Brew Concentrates2) by Iced Coffee Concentrate: Liquid Iced Coffee Concentrate; Powdered Iced Coffee Mixes; Flavored Iced Coffee Concentrates
3) by Top Roast Coffee Concentrate: Single-Origin Top Roast Concentrates; Blended Top Roast Concentrates; Flavored Top Roast Extracts
4) by Black Coffee Concentrate: Ready-To-Drink Black Coffee; Liquid Black Coffee Extracts; Instant Black Coffee Concentrates
Key Companies Mentioned: Grady's Cold Brew LLC; PepsiCo Inc.; Tata Coffee Limited; Royal Cup Inc.; Ueshima Coffee Co. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Coffee market report include:- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 73.98 Billion |
Forecasted Market Value ( USD | $ 96.48 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |