Press release
Coffee Market to Reach USD 186.40 Bn by 2029, emerging at a CAGR of 6.2 percent and forecast (2023-2029)
Coffee Market
The research methodology employed in this report involves a combination of primary and secondary data collection, market surveys, and in-depth interviews with industry experts. The data is analyzed using sophisticated analytical tools to derive actionable insights.
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What are Coffee Market Dynamics:
The coffee market is booming as consumption increases for all age groups and global coffee exports total 10.61 million bags in 2022, creating great demand around the world. Especially in India, China, and the Philippines, the popularity of younger generation coffee is increasing and the demand for coffee beans is increasing. Certain health benefits of coffee, such as reducing the risk of diabetes, fat burning, and high energy intake from caffeine spikes.
Coffee Market Regional Insights:
Europe: The European region leads the global coffee market, accounting for 35% of the market share. With a consumption of 54,065 thousand coffee bags per 60 kg, Europe is a key player in the industry. The demand for specialty coffee in this region results in 86% of green coffee being directly imported from the country of origin.
Asia-Pacific: This region is the second-largest market for coffee, driven by increased consumption in countries like China, India, and the Philippines. It shows significant potential to surpass Europe in the next five years, with Southeast Asian countries emerging as significant demand generators.
North America and South America: These regions recorded stable coffee consumption rates, with North America accounting for 4,860 tonnes and South America for 1630 tonnes.
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What is Coffee Market Segmentation:
by Product
Foundation
Concealer
Powder
Primer
by Type
Instant Coffee
Ground Coffee
Whole Grain
Others
by Distribution Channel
Online
Offline
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Who are Coffee Market Key Players:
1. Steamy Beans Coffee.
2. The Busy Bean.
3. Boston Barista.
4. Jumpstart Coffee.
5. Mugs Coffee.
6. The Steam Room.
7. Espresso Express.
8. Nestle
9. JM Smucker Company
10.The Kraft Heinz Company
11.Starbucks Corporation
12.Keurig Dr. Pepper
13.F. Gavina and Sons, Inc.
14.JDE Peet's
15.AMT Coffee Ltd
16.Lavazza
17.Trung Nguyen
Table of content for the Coffee Market includes:
Global Coffee Market: Research Methodology
Global Coffee Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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3.Global Coffee Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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