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Strong Growth Ahead: Preparation of Coffee Extracts Market Size To Grow At Arecord 6.6% Cagr By 2029
The Preparation of Coffee Extracts Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Preparation of Coffee Extracts Market?
The market size for coffee extracts preparation has shown significant expansion recently. The market anticipates growth from $7.06 billion in 2024 to $7.54 billion in 2025, with a compound annual growth rate (CAGR) of 6.8%. This robust growth in the historical period is due to an increase in coffee consumption, consumer inclination towards convenience, expansion of coffee culture, heightened awareness of health benefits and a variety of product applications.
The market for coffee extract preparation is set to experience significant growth in the upcoming years, poised to reach $9.73 billion by 2029 with a compound annual growth rate (CAGR) of 6.6%. Factors such as innovations in coffee products, emphasis on health and wellness, trend towards premium and specialty coffee, worldwide spread of coffee shops, and the growth of e-commerce contribute to this projected expansion. Key trends to watch for within this period include artisanal and small-scale production, value enhancement of coffee extracts, novel extraction methods, advancements in packaging, attention towards health-aware consumers, and global discovery of coffee sources.
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What Are the Emerging Segments Within the Preparation of Coffee Extracts Market?
The preparation of coffee extracts market covered in this report is segmented -
1) By Product Type: Capsules Or Tablets, Powder, Liquid Green Coffee Bean Extraction, Chews
2) By Source Type: Green Coffee Beans, Roasted Coffee Beans
3) By Nature Type: Organic, Conventional
4) By Application: Food Industry, Beverage Industry, Pharmaceutical And Skincare, Other Applications
Subsegments:
1) By Capsules Or Tablets: Coffee Extract Capsules, Coffee Extract Tablets
2) By Powder: Instant Coffee Powder, Ground Coffee Extract Powder
3) By Liquid Green Coffee Bean Extraction: Ready-To-Drink Liquid Extracts, Concentrated Liquid Extracts
4) By Chews: Coffee Extract Chewing Gum, Coffee Extract Energy Chews
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What Long-Term Drivers Are Shaping Preparation of Coffee Extracts Market Trends?
The surge in individual consumption of coffee extract is predicted to drive the coffee extracts market's growth. Coffee extract is a concentrated coffee flavoring produced by blending coffee beans and alcohol, often used in desserts, beverages, and ice cream. The widespread use of coffee extracts is due to their diverse health benefits and their usage in products that target obesity, diabetes, high cholesterol, high blood pressure, and other conditions. This is largely due to the presence of chlorogenic acid, antioxidant, anti-inflammatory, and anti-hypertensive bioactive components. For example, a report published in October 2022 by the International Coffee Organization (ICO), a UK-based organization dealing with coffee import and export, indicated a 3.3% rise in global coffee consumption to 170.3 million 60-kg bags in 2021/22. Furthermore, consumption was expected to exceed production by 3.1 million bags in 2021-2022. As a result, the individual's augmented consumption of coffee extract is expected to intensify the growth of the coffee extracts market.
Who Are the Top Competitors in Key Preparation of Coffee Extracts Market Segments?
Major companies operating in the preparation of coffee extracts market include 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 Preparation of Coffee Extracts Market Trends Are Gaining Traction Across Different Segments?
The proliferation of advanced technology is an emerging trend within the coffee extracts market. Main industry players are focusing on developing innovative technology solutions to bolster their market position. One such example is by Nescafé Dolce Gusto (Nestle), a Switzerland-based coffee extracting firm, that launched Neo, a new range of coffee machines and pods in November 2022. This new product line is equipped with their unique, state-of-the-art SmartBrew technology, aimed at creating a sustainable and enhanced coffee experience. The SmartBrew technology, linked with an application, provides three distinctive brewing methods by modifying the extraction specifications for each drink. Hence, it enables customers to enjoy premium espressos, Americanos similar to those in coffee bistros, and hassle-free drip-style coffees.
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Which Regions Are Becoming Hubs for Preparation of Coffee Extracts Market Innovation?
Asia-Pacific was the largest region in the preparation of coffee extracts market in 2024. The regions covered in the preparation of coffee extracts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Preparation of Coffee Extracts Market?
2. What is the CAGR expected in the Preparation of Coffee Extracts Market?
3. What Are the Key Innovations Transforming the Preparation of Coffee Extracts Industry?
4. Which Region Is Leading the Preparation of Coffee Extracts Market?
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