Press release
Surging Growth in Preparation of Coffee Extracts Market: Market Size, CAGR, Drivers, and Trends
Preparation of Coffee Extracts Market Share
Rapid expansion, projected to reach $9.73 billion by 2029, is expected within the global preparation of coffee extracts market due to increased coffee consumption, consumer preferences for convenience, and emerging trends in the coffee culture.
What Is The Projected Market Size Of The Global Preparation of Coffee Extracts Market And Its Growth Rate?
• The market size has grown strongly in recent years and will grow from $7.06 billion in 2024 to $7.54 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%.
• The growth in the historic period can be attributed to growing coffee consumption, consumer preferences for convenience, expansion of coffee culture, rising awareness of health benefits, diverse product applications.
• The market size is expected to see strong growth in the next few years. It will grow to $9.73 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%.
• The growth in the forecast period can be attributed to innovations in coffee products, health and wellness trends, premiumization and specialty coffee trends, global expansion of coffee shops, e-commerce growth.
What Is Driving The Growth In The Preparation of Coffee Extracts Market?
Increasing consumption of coffee extract by individuals is expected to fuel the market growth. Coffee beans and alcohol are combined to produce a coffee extract, a concentrated coffee flavoring that can be added to desserts, ice cream, and drinks. These are commonly used by many individuals due to their various health benefits and their application in products for the treatment of obesity, diabetes, high blood pressure, high cholesterol, and others due to the presence of chlorogenic acid, antioxidant, anti-inflammatory, and anti-hypertensive bioactive ingredients. According to the International Coffee Organization (ICO), global coffee consumption increased by 3.3% to 170.3 million 60-kg bags in 2021/22 and consumption was projected to be 3.1 million bags greater than the output in 2021-2022.
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Who Are the Key Players Driving Preparation of Coffee Extracts Market Growth?
• NatureWise Inc.
• Sports Research Corporation
• McCormick & Company, Incorporated
• J.R. Watkins
• The Coffee Bean & Tea Leaf
• Naturex S.A
• Softigel by Procaps
• Kerry Group
• Treatt plc
• Purely Inspired
• Nestle S.A.
• J.M. Smucker Company
• Starbucks Corporation
• Keurig Dr Pepper Inc.
• Tata Consumer Products
• Strauss Group Ltd.
• Tchibo GmbH
• Luigi Lavazza S.p.A.
• UCC Holdings Co. Ltd.
• Massimo Zanetti Beverage Group S.p.A.
• Melitta Group
• Tres Coracoes Alimentos S.A.
• Dunkin' Brands Group Inc.
• Jacobs Douwe Egberts B.V.
• Illycaffè S.p.A.
• S&D Coffee Inc.
What Are The Key Trends In The Preparation of Coffee Extracts Market?
• Artisanal and small-batch production
• Premiumization of coffee extracts
• Innovations in extraction techniques
• Packaging innovations
• Focus on health-conscious consumers
• Global exploration of coffee origins
What Are The Segments Of The Global Preparation of Coffee Extracts Market?
• By Product Type: Capsules Or Tablets, Powder, Liquid Green Coffee Bean Extraction, Chews
• By Source Type: Green Coffee Beans, Roasted Coffee Beans
• By Nature Type: Organic, Conventional
• By Application: Food Industry, Beverage Industry, Pharmaceutical And Skincare, Other Applications
Which Region Leads The Preparation of Coffee Extracts Market?
Asia-Pacific was the largest region in the preparation of coffee extracts market in 2024. Other covered regions include Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Preparation of Coffee Extracts Market Global Market Report?
- Market Size Analysis: Analyze the Preparation of Coffee Extracts Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Preparation of Coffee Extracts Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Preparation of Coffee Extracts Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Preparation of Coffee Extracts Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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