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Coffee and Tea Market Set to Surge with a Remarkable 10.2% CAGR by 2032 || Nestle S.A., Louis Dreyfus Company B.V., Unilever plc
Coffee And Tea Market
The Business Research Company's latest "Global Coffee And Tea Opportunities And Strategies Market Report - Forecast To 2032" is the most comprehensive report available in market that will help gain a truly global perspective with data and statistics from over 60 geographies analyzed with more than 7500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth and highlights important trends and strategies that can be adopted to beat the competition in the industry
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The global coffee and tea market reached a value of $177,845.0 million in 2022, having increased at a compound annual growth rate (CAGR) of 6.5% since 2017. The market is expected to grow from $177,845.0 million in 2022 to $286,268.0 million in 2027 at a rate of 10.0%. The market is then expected to grow at a CAGR of 10.2% from 2027 and reach $464,700.3 million in 2032.
The adverse effects of global warming and climate change are expected to be a restraint on the growth of the coffee and tea market during the forecast period. Variations in rainfall, temperature, humidity, soil moisture, and nutrient availability all have an influence on coffee plant development and output. Rainfall happening after the flowering stage slows the harvest and contributes to inferior crop quality. Extreme rainfall occurrences with no dry interval may result in low coffee yields and crop damage. For instance, a recent analysis of research in 2020 showed that areas suitable for coffee farming might fall by around 50% under moderate climate change prediction scenarios by 2050 for both Arabica and Robusta globally.
Coffee And Tea Market Segmentation:
• By Type: Coffee, Tea
• By Form: Liquid, Powder, Capsules
• By Packaging: Containers, Bags, Packets Or Pouches
• By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, E-Commerce And Other Channels
Some of the key players involved in the coffee and tea market are Nestle S.A., Louis Dreyfus Company B.V., Unilever plc, J.M. Smucker Company, The Coca-Cola Company.
The regions covered in the global coffee and tea market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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A Few Points From The Table Of Content
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction And Market Characteristics
……
26. Opportunities And Strategies
27. Coffee And Tea Market, Conclusions And Recommendations
28. Appendix
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