Cold Brew Coffee Market Poised for Remarkable Growth, set to Reach USD 16.22 billion by 2032 with a CAGR of 22.71%.

The cold brew coffee market was valued at USD 3.16 billion in 2024. It is expected to rise from USD 3.87 billion in 2025 to USD 16.22 billion by 2032, registering a CAGR of 22.71% over the forecast period. In 2024, North America held the largest market share at 35.76%. Furthermore, the U.S. cold brew coffee market is forecasted to grow significantly, reaching around USD 4.88 billion by 2032, fueled by the growing demand for specialty and Ready-to-Drink (RTD) coffee.

Cold brew coffee is made by steeping coffee beans in water at room temperature for an extended period-typically 24 hours. Although there are various methods to brew coffee, this one is the slowest. However, it removes the bitterness from the drink while preserving a higher caffeine content. The cold brewing process enhances both the flavor and aroma, delivering a smooth and full-bodied beverage. Like traditional coffee, cold brew is often consumed with milk, sugar, or cream. Enthusiasts often describe its taste as smoother and less acidic than hot brewed coffee. Leading brands such as Starbucks and Dunkin Donuts widely offer cold brew options.

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➤ LIST OF KEY COMPANIES PROFILED IN THE REPORT:
• Javy Coffee Company (U.S.)
• The J. M. Smucker Company (U.S.)
• Starbucks Corporation (U.S.)
• Blue Bottle Coffee, Inc. (U.S.)
• Sleepy Owl (India)
• Finlay's (U.K.)
• Nestlé S.A. (U.S.)
• CoolBrew (U.S.)
• JAB Holding Company (Luxembourg)
• Wandering Bear Coffee (U.S.)

➤ Segmentation:
♦ Rising Demand for Canned Coffee Owing to Convenience
In terms of packaging, the market is segmented into glass bottles, plastic bottles, and cans. Among these, the cans segment holds the largest market share due to its ease of use and portability for consumers.

♦ Supermarkets/Hypermarkets Lead Sales Due to Accessibility and Product Variety
By distribution channel, the market is divided into supermarkets/hypermarkets, specialty stores, convenience stores, and e-commerce platforms. Supermarkets/hypermarkets generate the highest revenue, as they allow shoppers to access a broad range of coffee products in one location.

Geographically, the market is analyzed across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

➤ Report Coverage:
This report offers an in-depth analysis of the market and emphasizes key packaging types and leading distribution channels. It includes insights into major market players, important industry developments, and the latest market trends. In addition to these factors, the report examines several other elements contributing to market expansion.

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➤ Drivers and Restraints:
♦ Increasing Popularity of RTD Cold Brew Coffee to Accelerate Market Growth
The RTD coffee segment is gaining popularity in countries like the U.K., U.S., and Japan, as consumers prefer quick and hassle-free coffee options. Additionally, market leaders are innovating with new flavors to attract a wider audience, which is expected to further boost demand for RTD cold brew coffee.
Despite this, the relatively higher cost of cold brew compared to traditional coffee may pose a challenge to its widespread adoption.

➤ Regional Insights:
♦ North America Leads Due to Strong Coffee Culture
In 2023, North America secured a major portion of the global market, supported by its high coffee consumption rates. The growing interest in specialty coffee varieties and increasing disposable income, particularly among millennials, are contributing factors to the region's market growth.
Asia Pacific is also experiencing consistent expansion due to rising cold brew coffee consumption in countries like India, Japan, and China.

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➤ Competitive Landscape:
♦ Key Brands Expand Globally to Strengthen Market Presence
Several leading players are working to grow their presence in international markets to meet the increasing global demand for innovative coffee products. Collaborations and partnerships among local and international companies are helping expand their product availability and customer reach.

➤ Notable Industry Development:
♦ September 2023 - 7 Brew Coffee launched its cold brew coffee, aiming to distribute it across more than 100 stores in 19 U.S. states. The product is crafted using 100% Peruvian beans with a light roast, offering a distinctive chocolaty note that balances their signature fruit-infused espresso blend.

➤ Read Related News:
♦ Ready to Drink (RTD) Coffee Market: https://www.fortunebusinessinsights.com/industry-reports/ready-to-drink-rtd-coffee-market-100285
♦ Foodservice Coffee Market: https://www.fortunebusinessinsights.com/industry-reports/food-service-coffee-market-100798
♦ U.S. Non-Alcoholic Beverages Market: https://www.fortunebusinessinsights.com/u-s-non-alcoholic-beverages-market-107932

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This release was published on openPR.