Instant Coffee Market worth US$ 18.3 Billion by 2028 - Exclusive Report by IMARC Group

According to the latest report by IMARC Group, title "Instant Coffee Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global instant coffee market size reached US$ 13.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.51% during 2023-2028.

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What are Instant Coffee?

Instant coffee, also known as soluble coffee, is a beverage made from dehydrated coffee extracts. It allows individuals to easily prepare coffee by simply adding water. Instant coffee comes in various forms, including granulated, concentrated liquid, and powdered, packaged in sachets or glass jars. While it typically contains less caffeine than brewed coffee, it is rich in antioxidants. Drinking instant coffee provides similar health advantages to brewed coffee, such as enhancing cognitive function, increasing metabolism, and promoting better liver and mental health.

What are the growth prospects and trends in the instant coffee industry?

In recent times, manufacturers of instant coffee have introduced organic varieties and a range of new flavors. In conjunction with these innovations, they are leveraging advanced technologies to enhance the quality of their coffee, thus driving global demand for instant coffee. Furthermore, instant coffee's ability to offer quick and convenient preparation has accelerated market growth worldwide. Additionally, single-serve packaging formats are gaining rapid popularity due to the increasing emphasis on convenience and health-consciousness, expected to positively impact market expansion. Other contributing factors to the global instant coffee market's growth include urbanization, premiumization, affordability, and extended shelf life. However, it is important to note that the use of acrylamide in instant coffee has been linked to various adverse health effects, which in turn poses a challenge to the global instant coffee market.

Who are the key players operating in the industry?

The report covers the major market players including: 

Nestle
Starbucks Corporation
Matthew Algie & Company Ltd.
Kraft Foods Inc.
Tata Consumer Products Limited
Strauss Group Ltd.
Jacobs Douwe Egberts
Tchibo Coffee International Ltd.

Key Market Segmentation:

Breakup by Product Type:

Spray Dried
Freeze Dried

Breakup by Packaging:

Jar
Pouch
Sachet
Others

Breakup by Distribution Channel:

Business-To-Business
Supermarkets and Hypermarkets
Convenience Stores
Online
Others

Breakup by Region:

Europe
Asia-Pacific
North America
Latin America
Middle East and Africa

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Key Highlights of the Report:

Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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