Press release
Coffee Market is Dazzling Worldwide and Forecast to 2031
The global coffee market is projected to grow at a CAGR of around 5% during the forecast period. The key factors that drive the growth of the market include the increasingly urban and young population pool entering the middle-class segment, which surges the consumption of coffee and caffeine-based products. Besides, this pool is also willing to pay for premium products; thereby, influencing the overall value of the coffee market.Whereas, in developed economies, such as in the US, shifting trend of consumers towards premiumization and branded on-the-go beverages have augmented the market over the forecast period. Moreover, health benefits offered by coffee such as it aids in the prevention of Parkinson's disease, gastrointestinal cancer, lung cancer, and breast cancer is reinforcing the growth of the market in developed economies. Other uses include treatment of headache, low blood pressure, obesity, and attention deficit-hyperactivity disorder (ADHD). Rectally, coffee is used as an enema to treat cancer. Thus, this is likely to flourish the market growth during the forecast period.
To Request a Sample of our Report on Coffee Market: https://www.omrglobal.com/request-sample/coffee-market
Market Coverage
Market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Coffee Market - Segmentation
By Product Type
Whole-Bean
Ground Coffee
Instant Coffee
Coffee Pods and Capsules
By Distribution Channel
On-Trade
Off-Trade
By Application
Hot Drinks Coffee
Ready to Drink Coffee
Flavored Beverage Coffee
Others
A full report of Global Coffee Market available @ https://www.omrglobal.com/industry-reports/coffee-market
Coffee Market - Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
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For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/coffee-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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