Coffee Grounds Market Growth Factors, Applications, Regional Analysis, Key Players And Forecasts By 2030

The global coffee grounds market size is expected to reach US$ 214.3 Mn by the end of 2030. According to the recent study by Future Market Insights (FMI), the market will surge at 5.5% CAGR between 2020 and 2030. According to the report, the market will show significant growth owing to the increasing applications of coffee grounds in agriculture, food and beverages, cosmetic, insecticides and pesticides and other industries. The report adopts unique research methods to offer the most accurate analysis of the market.

It includes in-depth insights into the coffee grounds market. Some of these are:

The estimated value of the coffee grounds market was at US$ 125.4 Mn in 2020
Coffee grounds are used as fertilizer in agriculture sector. They add essential nutrients to the soil, thus improving soil aeration, drainage and water retention
North America currently accounts for the leading share in the global coffee grounds market, trailed by Europe
“The demand for beauty products is expected to be driven by increasing concerns among consumers about skin related problems. Furthermore the rising demand for organic products will bolster use of coffee grounds as a key ingredient in beauty products,” said a lead analyst at FMI.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11629

COVID-19 Outbreak will Impact Growth Due to Supply Disruptions and Decline in Demand

Shippers are dealing with quarantines at ports and shortages of crews during the coronavirus shutdown. As regards to demand, it is clear that coffee consumption is on the rise and will continue to rise in the near future. However, coffee grounds derived may go to waste since the supply is high and there are chances of grounds to get rot. Coffee grounds cannot be stored for a long time. Trade and logistics restrictions could cause demand-supply gap and might affect the manufacturers and end users of coffee grounds.

Leading suppliers in Coffee Grounds Market

The introduction of fresh coffee grounds is a result of businesses around the world focusing on concepts of zero waste and circular economy. Some of the leading companies operating in the coffee grounds market are focusing on product developments and strategic partnerships with emerging companies to strengthen their foothold. Besides this, the focus on product launches is expected to remain high through the forecast period.

Some of the key players in the coffee grounds market are,

Americas

Starbucks
Red Thread
Death Wish Coffee Company
Folgers Coffee
The Kraft Heinz Company
Peet’s
Jo Coffee
Kicking Horse
Royal Kona
Hills Bros. Coffee
Asia Pacific

UCC

Market Segmentation

The global coffee grounds market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Application

Food and beverage
Agriculture
Cosmetic and Personal care
Insecticides and pesticides
Others
Region

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa
Get Valuable Insights into Coffee Grounds Market

Future Market Insights, in its new report, presents an unbiased analysis of the global coffee grounds market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights into growth witnessed in the market. On the basis of applications, the market is segmented into agriculture, cosmetics, insecticides and pesticides. Regionally, the market can be segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA.

For Complete TOC @ https://www.futuremarketinsights.com/reports/coffee-grounds-market/table-of-content

Coffee Grounds Market Outlook & Key Findings

The coffee grounds market will exhibit a CAGR of 5.5% between 2020 and 2030
With a share of 27%, North America dominates the global coffee grounds market in 2020. It is expected to remain the leading market over the next few years
Europe is also expected to emerge as the second-leading market in the global coffee grounds market.
Emerging economies such as China and India are likely to show considerably high demand for coffee grounds, enabling growth in the market in Asia Pacific
In terms of application, the agriculture sector will exhibit high demand for coffee grounds

Contact

Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

This release was published on openPR.