PUBLISHER: DataM Intelligence | PRODUCT CODE: 1325289
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1325289
Global Organic Coffee Market reached US$ 9.3 billion in 2022 and is expected to reach US$ 18.8 billion by 2030 growing with a CAGR of 9.2% during the forecast period 2023-2030.
Coffee is one of the most popular beverages around the world due to which coffee bean is the second most heavily traded commodity in the global market after petrol. More than 25 million farmers are involved around the world to produce coffee in more than 50 different countries. The demand for organic coffee is driven by several health benefits associated with it. For instance, it is rich in antioxidants such as polyphenols, including flavonoids and catechins.
Various certifications and standards, such as USDA Organic, EU Organic, Fair Trade, and Rainforest Alliance, play a crucial role in the organic coffee market. These certifications provide assurance to consumers regarding the organic and sustainable production practices, fair trade, and environmental conservation. The industry has witnessed an expansion in the number of certifications and the adoption of stricter standards.
Increasing Consumers' Inclination Towards Natural and Organic Products is Driving the Organic Coffee Market
Consumers have become more health-conscious and paying closer attention to the effect of their nutritional choices. Organic coffee is perceived as a health alternative to conventionally grown coffee due to its cultivation without synthetic chemical compounds. Organic coffee enthusiasts often highlight its potential health benefits, such as lower pesticide residues and better antioxidant content, attracting fitness-conscious consumers.
The rise of environmental recognition has led to increased demand for products that have a lower environmental effect. Natural coffee manufacturing promotes sustainable farming practices, such as soil conservation, water management, and biodiversity preservation. Consumers who prioritize sustainability and environmental stewardship opt for organic coffee as a way to reduce their ecological footprint.
Environmental Sustainability Factor is Expected to Foster the Organic Coffee Market
Organic coffee farming promotes biodiversity conservation as it avoids the use of synthetic chemicals that can harm wildlife and disrupt ecosystems. Shade-grown organic coffee, in particular, provides habitat for a variety of plant and animal species. The conservation of biodiversity is an essential component of environmental sustainability, and the organic coffee market supports this objective.
Organic coffee farms often employ agroforestry practices, including shade trees, which contribute to carbon sequestration. For instance, according to the International Panel of Experts on Sustainable Food Systems, organic farming systems generally have higher soil organic carbon content compared to conventional systems. The ability of organic coffee farming to sequester carbon and mitigate climate change aligns with global sustainability goals.
Market Fragmentation and Competition is Hindering the Organic Coffee Market
The organic coffee market often faces challenges due to its fragmented supply chain. Organic coffee is sourced from various regions worldwide, including Latin America, Africa, and Asia. The presence of numerous small-scale farmers, cooperatives, and exporters can result in a fragmented supply chain, leading to logistical complexities and potential quality variations.
The organic coffee market faces competition from the larger conventional coffee market. While organic coffee has gained popularity, conventional coffee continues to dominate in terms of market share and availability. The lower price point of conventionally grown coffee can pose a challenge for organic coffee to expand its market share.
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario, and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
The global organic coffee market is segmented based on type, tour, distribution channel, and region.
By Packaging Type, the Stand-Up Pouches is Estimated to have Significant Growth During the Forecast Period
Stand-up pouches are designed with a bottom gusset that allows them to stand upright, making them convenient for storage and display purposes. They often feature resealable zippers or spouts, enabling consumers to easily open, reseal, and pour the coffee.
Stand-up pouches provide a large surface area for branding and design, allowing coffee companies to create visually appealing packaging that catches consumers' attention on store shelves. This aspect contributes to the marketability and popularity of stand-up pouches.
Asia Pacific is the Fastest Growing Market in the Organic Coffee Market
The coffee culture is booming in the Asia Pacific region, with an increasing number of specialty coffee shops, cafes, and chains opening up. For instance, according to APEDA, India's rank 6th in terms of World's Organic Agricultural land and 1st in terms of total number of producers as per 2021 data. This has contributed to the demand for higher quality and specialty coffee, including organic varieties.
Many countries in the Asia Pacific region, such as China, India, and Indonesia, have experienced significant economic growth in recent years. This has led to an increase in disposable income and a rise in the middle-class population, who are willing to spend more on premium and organic products, including coffee.
The major global players in the market include ITC Travel Group Limited, Greaves Travel, TourRadar, The Travel Corporation, Abercrombie & Kent USA, Indian Food Tour, Topdeck Travel, G Adventures, The FTC4Lobe Group, and Classic Journeys.
The global organic coffee market report would provide approximately 61 tables, 57 figures, and 190 Pages.
LIST NOT EXHAUSTIVE