Global Decaf Coffee Market to Reach USD 2.8 billion by 2028

According to the latest research by SkyQuest Technology, the decaf coffee market was valued at USD 1.65 billion in 2021. It is expected to reach USD 2.8 billion by 2028, with a CAGR of 7% during the forecast period of 2022 - 2028. The research provides an up-to-date decaf coffee market analysis of the current market landscape, latest trends, drivers, and overall market environment.

Coffee beans that have had 97% of their caffeine removed are used to make decaffeinated coffee. The coffee beans are decaffeinated before being roasted and ground. "Decaf" is the acronym for decaffeinated coffee. Although it was developed in Europe more than fifty years ago, it wasn't until the 1950s that it gained widespread acceptance in the US. When almost all of the caffeine has been eliminated, leaving only 2% to 3%, coffee is given this name. Several organic solvents, water, and carbon dioxide are among the solvents used to remove the caffeine content. After the beans have been washed in the solvent until the caffeine has been largely extracted from the beans, the solvent is removed.

Coffee contains antioxidants that are helpful in preventing conditions like cancer, type 2 diabetes, and heart-related ailments. Given the growing awareness of the detrimental physiological consequences of caffeine, a psychoactive substance contained in regular coffee, customers are inclined to choose decaffeinated beverages. As a result, people are spending more money on caffeinated beverages like decaf coffee.

During the COVID-19 outbreak, the entire world was under lockdown in an effort to stem the spread of the deadly virus. Public panic ensued as a result, and during the pandemic, people restricted their shopping to essentials like food, household supplies, sanitary products, and others. One of the healthiest beverages on the market is coffee. The ongoing COVID-19 conundrum has changed preferences globally. Decaffeinated coffee became more and more popular among customers throughout the pandemic as they sought to drink less caffeine. Although premium decaf coffee is more expensive than regular coffee, manufacturers in the decaffeinated coffee industry are educating consumers about the route that premium coffee beans follow from the farm to the market.

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A significant portion of the world's population, particularly those aged 18 to 24, prefers little or no caffeine. The demand for decaf coffee is increasing as people become more aware of the negative consequences of caffeine, which include digestive issues, high blood pressure, muscle breakdown, anxiety, weariness, and insomnia. Because drinking caffeinated beverages during the first seven weeks of pregnancy increases the chance of miscarriage, decaf coffee is also in demand from the pregnant female population. The market for decaf coffee around the world is expanding as a result of this trend.

Read Market Research Report, "Global Decaf Coffee Market By Distribution Channel (Online, Offline), Product (Roasted, Raw), and Region -Forecast and Analysis 2022-2028" by SkyQuest.

There has been a decrease in demand and consumption of GMOs in mainstream applications (GMO). It is clear from all of this that these cause toxicity, allergic responses, antibiotic resistance, cancer, and nutritional loss. People are more conscious of and dependent on providing their bodies with the correct kind of nourishment, which is free from any concentration of adulteration, as a result of rapid urbanisation and work-centric lifestyles.
Even the Food and Agriculture Organization (FAO) and the World Health Organization (WHO) support the creation of non-GMO goods. This has increased consumer demand for non-GMO food items. In order to process and create decaffeinated coffee, several coffee roasters are making sure to exclusively source non-GMO coffee beans.

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In order to achieve more equity in global trade, the coffee produced in accordance with Fairtrade criteria fosters trading relationships that are primarily centred on communication and openness. Better trade circumstances for coffee producers are made possible by these collaborations, which also promote sustainable growth. Over time, Fairtrade has been shown to be the most environmentally friendly, recognisable, and reliable mark available. It comprises about 1.8 million farmers and labourers, who are given trading choices that are financially viable thanks to this certification. The appeal of this coffee among educated, modern customers is what is reshaping the coffee business for a variety of reasons, and comparable effects on the decaffeinated coffee market are anticipated.

Food produced organically using traditional farming methods and free of any artificial additives offers not only superior flavour but also a high natural nutrition concentration with little to no adulteration. According to the Economic Research Service of the U.S. Department of Agriculture, the demand from consumers for products made from organic materials is still increasing by double digits. As a result, these products are now offered in 20,000 natural food stores and every third conventional grocery store in the country. Because of this, it is now a profitable economic opportunity for producers and processors of food and beverages.

For instance, Keurig Green Mountain Inc Fresh Roasted Coffee LLC, Massimo Zanetti Beverage Group, Bewley's Tea & Coffee, and Cameron's Coffee all sell decaffeinated coffee with organic ingredients.

The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about the decaf coffee Market Revenue. The projections featured in the report have been derived using proven research methodologies and assumptions.

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What does this Report Deliver?

Market Estimation for 20+ Countries
Decaf coffee Market demand by Region, Sub-Region, and Country
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global, Regional, and Country-specific decaf coffee Market Trends
Comprehensive Mapping of decaf coffee Industry Parameters
Attractive Investment Proposition in the Global decaf coffee Industry
Competitive Strategies Adopted by decaf coffee Market Key Players
Drivers, Restraints, Opportunities, Challenges, and the impact on the decaf coffee Market Size
Market growth rate till 2028
Regulatory scenario, regional dynamics, and decaf coffee market insights of leading countries in each region
In-depth Market insights by Region and Country
Market Segmentation Trend Analysis, Opportunities, and Growth
Porter's five force analysis to know the market's condition
Pricing Analysis and decaf coffee Market Sales
Parent market analysis
Product portfolio benchmarking

SkyQuest has segmented the Global Decaf Coffee Market based on Product, Distribution Channel, and Region:
Global Decaf Coffee Market by Product (Revenue, USD billion, 2021 - 2028)
Roasted
Raw
Global Decaf Coffee Market by Distribution Channel (Revenue, USD billion, 2021 - 2028)
Online
Offline
Global Decaf Coffee Market By Region (Revenue, USD billion, 2021 - 2028)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Central & South America
Brazil
Rest of CSA
Middle East & Africa
GCC Countries
South Africa
Rest of MEA

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This release was published on openPR.