Increase In The Consumption Of Coffee And Coffee Beverages To Boost Its Demand In The Global Market

Coffee beans refer to a seed present in a coffee plant. It is a rich source of coffee. The coffee beans are not exactly beans, but they are called coffee beans as they resemble true beans in their appearance. Just like ordinary cherries, the coffee beans are also a so-called stone fruit. The two most important varieties of coffee plants are arabica and robusta. According to legends, the coffee plant was first discovered in Ethiopia by a goat herder named Kaldi. Coffee beans are a major cash crop and a crucial product for export.

The major players operating in the global Coffee beansmarket include Bharat Coffee Depot, Death Wish Coffee Co., Gold Coffee Company, Hawaiian Isles Kona Coffee Company, Ltd., Kicking Horse Whole Beans, Illycafe S.P.A, Starbucks Corporation and The Coffee Beans Co. among others.

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The global coffee Beans market was valued at US$ 25,591.7 million in 2018 and is projected to reach US$ 41,962.4 million by 2027; it is expected to grow at a CAGR of 5.6% from 2019 to 2027.

Effect of COVID-19 upon Coffee Beans Market

COVID-19 outbreak first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. As of March 2020, China, Italy, Iran, India, Russia, Spain, republic of Korea, France, Germany, and the US are some of the worst affected countries in terms confirmed cases and reported deaths. According to the latest WHO figures, there are ~9,843, 073 confirmed cases and 495,760 deaths globally. The COVID-19 outbreak has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food processing industry is one of the major industries facing serious disruptions such as factories shut down, supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak.

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Geographically, the global coffee beans market is segmented into North America, Europe, Asia Pacific, South America, the Middle East and Africa. North America holds the largest share in the global coffee beans market, followed by Europe. The US is dominating the coffee beans market in North America region, followed by Canada and Mexico. The demand for coffee products in the in North America is estimated to rise, owing to the growing investment in research and development by manufacturers along with the growing number of applications such as food and beverages and pharmaceuticals. Additionally, robust growth in product offerings is impacting the market growth in the US.

The Table of Content for Coffee Beans Market research study includes:

1. Introduction
2. Key Takeaways
3. Research Methodology
4. Coffee Beans Market Landscape
5. Coffee Beans Market - Key Market Dynamics
6. Coffee Beans Market - Global Market Analysis
7. Coffee Beans Market - Revenue And Forecasts to 2027 – Type
8. Coffee Beans Market - Revenue And Forecasts to 2027 – Type of Product
9. Coffee Beans Market - Revenue And Forecasts to 2027 – Service
10. Coffee Beans Market Revenue And Forecasts to 2027 – Geographical Analysis
11. Impact of Covid-19 Pandemic on Global Coffee Beans Market
12. Industry Landscape
13. Coffee Beans Market, Key Company Profiles
14. Appendix
15. List of Tables
16. List of Figures

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