Press release
Green Coffee Market Overview, Current Trends, and Key Player Analysis
Green Coffee Market
Projected Market Size and Growth of the Green Coffee Industry
The green coffee market is anticipated to achieve substantial growth, reaching a valuation of $50.41 billion by 2030. This increase corresponds to a compound annual growth rate (CAGR) of 5.1%. Factors contributing to this growth include the rising consumer preference for clean-label supplements, heightened attention on metabolic health ingredients, expansion in online nutraceutical sales, increased investments toward sustainable coffee farming practices, and growing utilization of green coffee extracts. Key trends expected to influence the market during this period involve a surge in demand for functional coffee components, broader adoption of green coffee in dietary supplements, a shift toward natural products for weight management, expansion of organic green coffee product lines, and a stronger emphasis on ensuring traceability in coffee sourcing.
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Companies Making Their Mark in the Green Coffee Market
Several prominent firms are playing leading roles within the green coffee sector. These include Nestle SA, JDE Peet's N.V., Luigi Lavazza S.p.A., Massimo Zanetti Industries S.A., Tata Coffee, Strauss Group Ltd, Coffee Holding Co. Inc., Green Coffee Company, Herbal Bioactives LLP, Applied Food Sciences Inc., Naturex SA, Sabinsa Corporation, Indena S.p.A., Arjuna Natural Pvt Ltd, Pharmachem Laboratories Inc., Bio-Botanica Inc., Gencor Pacific Ltd, Naturex India Pvt Ltd, Sami-Sabinsa Group, and Vidya Herbs Pvt Ltd.
A significant development took place in June 2023 when Neumann Kaffee Gruppe, a Germany-based green coffee service company, acquired Denmark's Nordic Approach Group for an undisclosed sum. This acquisition aims to broaden Neumann Kaffee's portfolio by leveraging Nordic Approach's expertise in green coffee sourcing and supply.
Innovative Trends Reshaping the Green Coffee Industry
Leading companies in the green coffee market are investing in cutting-edge technology to redefine consumer experiences with coffee. One such innovation is the development of miniature coffee roasters, which incorporate advanced green technology to enable fresh roasting on demand.
For example, in July 2023, ans?, an Israel-based coffee technology firm, introduced a fully autonomous green miniature coffee roaster. This compact device is designed for placement on office or lab countertops, providing coffee roasters with the ability to test batches and roast raw green coffee beans as needed, thereby enhancing flexibility and freshness in coffee preparation.
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Detailed Segmentation of the Green Coffee Market
The green coffee market is categorized across various dimensions to provide a comprehensive view:
1) Product Type: Green Unroasted Coffee Beans, Green Coffee Extract, Other Green Coffee Products
2) Coffee Bean Type: Arabica, Robusta, Liberica, Excelsa
3) Nature: Organic, Conventional
4) Distribution Channel: Specialty Stores, Online Retail, Direct Sales or B2B, Other Distribution Channels
5) End Use: Dietary Supplements, Functional Food and Beverage Ingredients, Pharmaceutical and Nutraceutical Manufacturing, Other Industrial End Uses
Further breakdown includes:
- Green Unroasted Coffee Beans subdivided into Arabica, Robusta, Liberica, and Excelsa green beans
- Green Coffee Extract split into Standardized, Organic, and Decaffeinated variants
- Other Green Coffee Products including Green Coffee Powder, Encapsulated Green Coffee, and Bulk Green Coffee Ingredients
This segmentation offers a granular perspective on the market's structure, facilitating targeted strategies and clearer understanding of consumer needs across product categories and applications.
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