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Instant Coffee Market by Material,Structure,Application, and Region.

02-04-2021 07:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Instant Coffee Market

Instant Coffee Market

Instant coffee is coffee powder that is produced by coffee beans that have been brewed at a higher Coffee-to-Water ratio as compared to regular coffee. Instant coffee is coffee powder or soluble coffee made from coffee beans, which enables people to make a cup of coffee by just stirring instant coffee in hot water. Instant coffee is produced using the spray-drying and freeze-drying methods. Both methods preserve the quality, aroma, and flavor of the coffee. Some of the advantages of instant coffee are lower shipping weight and volume than coffee beans, and a longer shelf life.

Factors such as growing food and beverages industry has led to increase in the number of restaurants and cafes which is a major driver for the growth of the global instant coffee market. According to India Brand Equity Foundation, the gross value added (GVA) by hotels and restaurants witnessed an annual increase in both absolute and relative terms from US$ 226.0 million in 2014 to US$ 241.0 million in 2017.

Health benefits offered by coffee include enhanced brain function. Caffeine can improve brain function, increase metabolism, it helps to burn fat, and reduces disease risk. According to US National Library of Medicine National Institutes of Health, instant coffee can also reduce the risk of neurodegenerative diseases such as Alzheimer's and Parkinson's, type 2 diabetes, improve liver health by lowering risk of diseases such as cirrhosis and liver cancer.

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Among packaging type, the jars segment is expected to witness significant market share in the global instant coffee market. In 2018, the segment accounted for 33.2% share in the global instant coffee market in terms of revenue. This was majorly attributed to high consumption of coffee in the Asia Pacific region. Therefore, significant growth in consumption of coffee due to increasing population is expected to boost the instant coffee market during the forecast period.

Among regions, in 2018, Europe held dominant position in the global instant coffee market, in terms of revenue share. This was owing to increasing consumption of instant coffee in the region. Asia Pacific is expected to record fastest growth in the market over the forecast period. Growing demand for instant coffee in China and India is majorly supporting the regional growth of the market.

Detailed Segmentation:

Global Instant coffee Market, By Product Type:
Agglomerated
Freeze Dried
Spray Dried

Global Instant coffee Market, By Trade:
Modern Trade
Regular Trade

Global Instant coffee Market, By Packaging Type:
Sachet & Pouches
Jars
Others (Bags, Cans, etc.)

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Key companies covered as a part of this study include, Nestle S.A, Keurig Green Mountain Inc., Starbucks Corporation, Jacobs Douwe Egberts, Tata Global Beverages Limited, Strauss Group Ltd, Luigi Lavazza S.P.A., Matthew Algie & Company Limited, Kraft Foods Inc., Tata Global Beverages, Tchibo Coffee International Ltd, Unilever Plc, Leo Coffee, Cothas Coffee Co., Hintz Foodstuff Production Gmbh, Illycaffe S.p.A., Sri Narasu's Coffee Company Pvt. Ltd., Hindustan Unilever Limited, Zino Davidoff, BM Foods, CCL Products (India) Ltd., and others.

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Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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