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Global Coffee Bean Market is anticipated to augment with a CAGR of 3.64% over the forecast period

Global Coffee Bean Market is anticipated to augment with a CAGR

Knowledge Sourcing Intelligence announces the publication of a new report on "Global coffee Bean Market - Forecasts from 2020 to 2025" to their offering. Coffee farming and export are considered as an integral part of a country's economy. Coffee is grown and exported by the developing economies of the world. It is imported by the developed nations.

This report provides forecast and analysis of the global coffee bean market which is estimated to increase at a CAGR of 3.64%growing from USD24.390 billion in 2019 to attain a market size of USD30.222 billion in 2025. The market is expected to propagate in the forecast period due to the increasing popularity of coffee among millennials worldwide, especially in India, China, and the Philippines among other countries of the world. The growing popularity among the younger generation is mainly attributed to the growing disposable income and the increasing middle-class population with an enhanced family income. Hence, the spending ability has also increased, fueling the market growth. Furthermore, the growing awareness regarding the health benefits of coffee is driving the market demand for consumption of coffee beans, burgeoning the market growth during the forecast period. Coffee is also consumed in the form of dietary supplements as well, hence, the growing dietary supplements industry is boosting the growth of the global coffee bean market. Additionally, the introduction of specialty caf is gaining momentum with time, the increasing popularity is observed in the developing regions of the world which include the major emerging economies of the world, India, China, Brazil, and Indonesia. However, the consumption of tea in many countries globally is expected to hinder the market growth in the forecast period. On the basis of end-user, the food and beverage sector is estimated to account for holding a significant market share due to the growing coffee consumption with increasing preference by many consumers. Geographically, Europe is projected to hold a high market share due to high coffee consumption in major countries which include Germany and Italy as the major consumers of coffee in the European region.

Some of the major players covered as part of the report are Gold Coffee Company, Caribou Coffee Company, and Farmer Bros. Co.

This report segmented the global coffee bean market on the basis following terms:
o By Type
o Arabica
o Robusta

o By End-User
o Food and Beverage
o Pharmaceuticals
o Personal Care

o By Distribution Channel
o Online
o Offline

o By Geography
o North America
o Canada
o Mexico

o South America
o Brazil
o Argentina
o Colombia
o Venezuela
o Ecuador
o Peru

o Europe
o Austria
o Belgium
o Bulgaria
o Czech Republic
o Denmark
o Finland
o France
o Germany
o Hungary
o Ireland
o Italy
o Netherlands
o Poland
o Portugal
o Romania
o Slovakia
o Slovenia
o Spain
o Sweden
o UK

o Middle East and Africa
o Saudi Arabia
o Israel
o Ethiopia
o Algeria
o Turkey
o Morocco
o Egypt
o Others

o Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o Philippines
o Indonesia
o Vietnam
o Malaysia
o Thailand

Purchase complete report or request sample:

Suite 406, H-140,
Sector 63, Noida,
U.P., India - 201301

Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on the niche and latest technologies. We engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

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