PUBLISHER: KBV Research | PRODUCT CODE: 1548675
PUBLISHER: KBV Research | PRODUCT CODE: 1548675
The Global Chicory Coffee Market size is expected to reach $320.9 million by 2031, rising at a market growth of 6.3% CAGR during the forecast period.
This coffee has a long history in North America, particularly in regions like New Orleans, where it has been a staple in the local coffee culture for decades. This historical connection contributes to its continued popularity. In areas like Louisiana, this coffee is integral to the cultural and culinary heritage. Consequently, the North American region would acquire nearly 31% of the total market share by 2031.
Consumers are increasingly seeking products that are perceived as healthier and more natural. This trend is driven by growing awareness of the potential negative health effects of artificial additives, preservatives, and synthetic ingredients. In addition, the shift towards organic and natural products is closely linked to concerns about sustainability and environmental impact. Thus, the expansion of organic and natural products is driving the market's growth.
Additionally, there is a growing trend among consumers to prioritize their health and are actively reducing their caffeine consumption in response to concerns regarding its potential adverse effects, such as insomnia, anxiety, and digestive issues. Furthermore, caffeine can cause fluctuations in energy levels, leading to periods of heightened alertness followed by crashes. Thus, increasing demand for caffeine alternatives is propelling the market's growth.
However, Growing chicory often requires specific agricultural practices, including soil preparation, planting, and maintenance, which can be more expensive than conventional coffee cultivation. Growing chicory often requires specific agricultural practices, including soil preparation, planting, and maintenance, which can be more expensive than conventional coffee cultivation. In conclusion, higher production costs of this coffee hamper the market's growth.
Type Outlook
On the basis of type, the market is segmented into conventional and organic. In 2023, the organic segment attained 34% revenue share in the market. Organic coffee is often associated with higher quality due to its natural and artisanal production methods. Many consumers perceive organic coffee as a premium product with superior flavor and aroma.
Distribution Channel Outlook
By distribution channel, the market is divided into hypermarkets & supermarkets, convenience stores, specialty stores, online, and others. In 2023, the convenience stores segment held 24% revenue share in the market. Convenience stores often stock a range of this coffee formats, such as instant coffee, ground coffee, and ready-to-drink options.
Product Outlook
Based on product, the market is divided into pure and blended chicory coffee. The pure chicory coffee segment procured 40% revenue share in the market in 2023. Pure chicory coffee is naturally caffeine-free, making it an attractive choice for individuals looking to reduce or eliminate caffeine from their diet.
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe region witnessed 34% revenue share in the market in 2023. In many European countries, particularly in France, Belgium, and the Netherlands, chicory has been traditionally used as a coffee substitute or blend.
List of Key Companies Profiled
Global Chicory Coffee Market Report Segmentation
By Type
By Distribution Channel
By Product
By Geography