Coffee Substitutes Market Report: Research Insights and Growth Forecast (2024-2031) | Postum, Teeccino Caffee Inc., Rishi Tea and Botanicals, World Match Inc

Coffee Substitutes Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Coffee Substitutes market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Coffee Substitutes market from 2024 to 2031, and what is the market value expected to change by 2031?

The Global Coffee Substitutes Market reached US$ 2.7 billion in 2024 and is projected to witness lucrative growth by reaching up to US$ 5.3 billion by 2031. The market is growing at a CAGR of 8.9% during the forecast period 2024-2031.

What is Coffee Substitutes Market?

Coffee Substitutes are products designed to replicate the flavor, aroma, and experience of traditional coffee while being made from alternative ingredients. These substitutes can include various grains, herbs, roots, and other plant-based materials, such as roasted chicory, barley, dandelion root, or carob. Coffee substitutes are often chosen for their lower caffeine content, potential health benefits, or suitability for individuals who wish to avoid coffee for dietary or health reasons. They may also appeal to those looking for more sustainable or ethically sourced options.

Growing Demand for Green Tea is Driving the Market Growth

Green tea is a popular beverage that is known for its health benefits, such as antioxidants and metabolism-boosting properties. As consumers become more health-conscious and seek out alternatives to sugary and high-caffeine beverages, green tea has emerged as a popular choice. This trend towards healthier beverage alternatives has also led to an increase in demand for coffee substitutes, such as herbal teas, chicory root, and roasted barley, which offer a caffeine-free and healthier alternative to coffee.

Key Players:

Profiles of some of the major players in the global Coffee Substitutes market, which include:

Postum, Teeccino Caffee Inc., Rishi Tea and Botanicals, World Match Inc., drink NUJO, Anthony Goods, So Good Brand Inc., Dandy Blend, The Hain Celestial Group Inc., and Mondelez International Inc.

Industry Development:

In January 2023, Rasa, a producer of coffee alternatives, introduced two new blends featuring adaptogenic herbs and mushrooms as substitutes for caffeine.

In March 2022, Better Buzz Coffee Roadsters, a small-batch coffee roaster based in San Diego, partnered with Intelligent Blends, a company specializing in single-serve beverages, to launch their "Best Drink Ever." This product is designed for convenience, allowing consumers to enjoy it at home across the U.S.

In October 2022, Nestlé, a prominent player in the food and beverage industry, expanded its coffee operations in North America by acquiring Seattle's Best Coffee.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Coffee Substitutes market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

By Nature: Organic, Conventional

By Packaging: Pouches, Aseptic Cartons, Cans

By Distribution Channel: Supermarkets/Hypermarkets, Specialty Stores, Online Sales, Others

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.

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