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Green Coffee Market Analysis, Trends, Share, Industry Growth And Forecast To 2033
Green Coffee Market Overview
The Business Research Company presents an extensive market research report on the Green Coffee Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The green coffee market size has grown steadily in recent years. It will grow from $36.52 billion in 2023 to $38.23 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to globalization of coffee trade, growing coffee consumption, rising specialty coffee trend, emergence of coffee culture, climate and geographic factors.
The green coffee market size is expected to see steady growth in the next few years. It will grow to $45.3 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to climate change adaptation, increasing demand for organic coffee, emergence of cold brew coffee, shift towards single-origin and micro-lot coffees, health and wellness. Major trends in the forecast period include investments in coffee farming technology, digitalization in coffee supply chain, technological advancements in coffee processing, innovations in coffee varieties, digital coffee trading platforms.
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Key Market Players:
Major companies operating in the green coffee market report are Nestle SA, Louis Dreyfus Company BV, The Coca-Cola Company, Starbucks Corporation, The Kraft Heinz Company, Keurig Green Mountain Inc., JDE Peet's N.V., The J.M. Smucker Company, Luigi Lavazza S.p.A., Mother Parkers Tea and Coffee Inc., Strauss Group Ltd, Tata Coffee, Coffee Holding Co. Inc., Neumann Kaffee Gruppe, Massimo Zanetti Industries S.A., Merchants of Green Coffee, Green Coffee Company, Cascade Coffee LLC, Sucafina, Klatch Coffee Inc., Volcafe Ltd., Nordic Approach AS, The Bean Coffee Company, Herbal Bioactives LLP, ECOM Agroindustrial Corp. Limited.
Market Drivers:
The increasing consumption of coffee is expected to drive the growth of the green coffee market. Green coffee provides various health benefits. It contains high levels of chlorogenic acid, a compound that has been shown to have many health benefits. It assists with weight loss and blood sugar control. For instance, in November 2021, according to the reports shared by the Green Prophet, an Israel-based media company, around 166 million bags of green coffee, containing 60 kilograms, were sold globally in 2021. Furthermore, in May 2023, according to Barchart.com Inc., a US-based provider of fixed financial data solutions, 163.14 million bags of green coffee were consumed globally in 2020-21, an increase of 0.5% year over year. Therefore, increasing consumption of coffee is expected to propel the growth of the green coffee market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/green-coffee-global-market-report
The green coffee market covered in this report is segmented -
1) By Type: Green Unroasted Coffee, Lean Green Coffee, Other Types
2) By Coffee Bean: Coffee Arabica, Coffee Robusta, Other Coffee Beans
3) By Distribution Channel: Hypermarkets And Supermarkets, Department Stores, Specialty Shops, Online, Other Distribution Channels
4) By End Use: Retail, Coffee Cafes, Other End Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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