Press release
Roasted Coffee Market Size Forecasted To Achieve $56.56 Billion By 2029 With Steady Growth
Roasted Coffee
What Is the Expected Roasted Coffee Market Size During the Forecast Period?
In recent times, the market for roasted coffee has witnessed a substantial expansion. The market value is expected to rise from $39.9 billion in 2024 to $42.88 billion in 2025, representing a compound annual growth rate (CAGR) of 7.5%. The historical growth has been driven by factors such as the proliferation of coffee shop culture, a rise in premiumization trends, increased understanding of different coffee types, changes in consumer taste and preference, along with considerations for sustainability and ethical sourcing.
The market for roasted coffee is predicted to witness robust growth in the forthcoming years, reaching a value of $56.56 billion by 2029, with a CAGR of 7.2%. Factors contributing to this surge during the forecast period include the increasing popularity of specialty coffee, the demand for ready-to-drink coffee products, a focus on single-origin and micro-lot coffees, health and wellness trends, and innovations in roasting processes. Notable trends during the forecast period involve attention to sustainable and ethical sourcing, digital transformation of coffee retail, global economic patterns, advancements in roasting machinery technology, along with the rise of online sales and subscription models.
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What Are the Major Segments in the Roasted Coffee Market?
The roasted coffee market covered in this report is segmented -
1) By Type: Arabica, Robusta
2) By Distribution Channel: Business-To-Business (B2B), Business-To-Consume (B2C)
3) By Application: Convenience Stores, Foodservice And Restaurants, Online Stores
Subsegments:
1) By Arabica: Specialty Arabica, Commercial Arabica
2) By Robusta: Specialty Robusta, Commercial Robusta
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What Are The Driving Roasted Coffee Market Evolution?
The anticipated rise in coffee intake is set to spur the expansion of the roasted coffee market. Coffee is a drink produced from the toasted and pulverized seeds of the coffee plant, prepared via percolation, infusion, or decoction. The consumption of coffee has been identified to have beneficial impacts on the liver, including decreasing toxic liver enzyme levels, reducing the likelihood of fatalities from liver cirrhosis, and preventing liver damage in hepatitis C patients. Therefore, the projected rise in coffee consumption will likely stimulate the roasted coffee market. For example, a report published by coffee consumption statistics, a U.S-based entity, highlighted that there was an increase in consumption from 26.33 in 2022/2023 to 27.3 in 2023/2024, as stated in their February 2024 report. Consequently, the augmented coffee consumption is propelling the advancement of the roasted coffee market.
Which Firms Dominate The Roasted Coffee Market Segments?
Major companies operating in the roasted coffee market include Nestlé S.A., Starbucks Coffee Company, Luigi Lavazza SPA, Peet's Coffee Inc., JDE Peet's, Tchibo Coffee International, Strauss Coffee BV, Farmer Brothers Company, Royal Cup Inc., J.M. Smucker Company, Melitta Group, Massimo Zanetti Beverage USA, UCC Ueshima Coffee Co. Ltd., Tim Hortons Inc., Gloria Jean's Coffees, Hawaiian Isles Kona Coffee Co., Kicking Horse Coffee Co. Ltd., La Colombe Coffee Roasters, 85 °C Bakery Cafe, Lifeboost Coffee, Philz Coffee, Tata Consumer Products, Coffee Beanery, Westrock Coffee Company LLC, Três Corações Group, Lavazza Professional, Dunkin' Brands Group Inc., Eight O'Clock Coffee Company
What Trends Are Expected to Dominate the Roasted Coffee Market in the Next 5 Years?
Product ingenuity is emerging as a vital trend in the roasted coffee sector. Key players in this market are striding towards the introduction of novel creations. For instance, Bunafr Coffee Company, an American firm renowned for home coffee roasting services, unwrapped a pioneering home coffee roaster in October 2022. This device, aimed to amplify personalization levels during the brewing process for coffee lovers, showcases a unique vertical cylindrical form composed of stainless steel and glass. It takes advantage of a hybrid heat transfer technique for efficient roasting.
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Which Is The Largest Region In The Roasted Coffee Market?
Europe was the largest region in the roasted coffee market in 2024. Asia-Pacific is expected to be the fastest-growing region in the roasted coffee market report during the forecast period. The regions covered in the roasted coffee 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 Roasted Coffee Market?
2. What is the CAGR expected in the Roasted Coffee Market?
3. What Are the Key Innovations Transforming the Roasted Coffee Industry?
4. Which Region Is Leading the Roasted Coffee Market?
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