Coffee Global Market Report 2024

Description

“Coffee Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on coffee market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for coffee? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The coffee market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product Type: Whole-Bean; Ground Coffee; Instant Coffee; Coffee Pods; Capsules
2) By Application: Hot Drinks; Ready-To-Drink Coffee; Flavored Beverages
3) By Distribution Channel: Supermarkets And Hypermarkets; Convenience Stores; Specialty Stores; Online; Other Channels
4) By End Use: HoReCa (Hotels, Restaurants, Cafe And Caterers); Retail
Companies Mentioned: Grady's Cold Brew LLC; PepsiCo Inc.; Tata Coffee Limited; Kraft Foods Group Inc.; Royal Cup Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Coffee, derived from the roasted seeds of the Coffee plant's fruits, is a popular beverage or powder enjoyed for its invigorating qualities.

There are several types of coffee products available, including whole bean, ground coffee, instant coffee, coffee pods, and capsules. Whole bean coffee refers to the seeds that have undergone all production phases except grinding. These variations are used in preparing hot drinks, ready-to-drink coffee, and flavored beverages. They are accessible through various distribution channels such as supermarkets, convenience stores, specialty outlets, online platforms, catering to end users in Horeca (hotels, restaurants, cafes & caterers), and the general retail market.

The coffee market research report is one of a series of new reports from The Business Research Company that provides coffee market statistics, including coffee industry global market size, regional shares, competitors with a coffee market share, detailed coffee market segments, market trends, and opportunities, and any further data you may need to thrive in the coffee industry. This coffee market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The coffee concentrates, essences and extracts market size has grown strongly in recent years. It will grow from $24.55 billion in 2023 to $26.2 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. During the historical period, the growth in the coffee industry was driven by shifts in consumer preferences, catering to convenience and on-the-go lifestyles, an increasing desire for artisanal and craft coffee products, and the expanding reach of globalization and trade. These factors collectively contributed to the evolution and expansion of the coffee market.

The coffee concentrates, essences and extracts market size is expected to see strong growth in the next few years. It will grow to $33.09 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. In the upcoming forecast period, the growth in the coffee industry is anticipated to be fueled by the increasing focus on health and wellness, the rising trend towards premium coffee experiences, emphasis on sustainable and ethical sourcing practices, the growth of e-commerce and online retail avenues, and the emergence of functional and specialty coffee varieties. Notable trends expected in this period encompass customization and do-it-yourself approaches, partnerships for limited edition offerings, a stronger emphasis on health and wellness attributes, innovative packaging for enhanced convenience, and a global exploration of diverse coffee origins.

The anticipated increase in coffee consumption is set to drive the growth of the coffee market. Coffee, a beverage made from dark brown powder extracted from crushed coffee beans, is gaining popularity due to its taste and various nutritional benefits. Rich in antioxidants and vitamins such as riboflavin, magnesium, and potassium, coffee is also associated with a reduction in the onset of heart diseases. The heightened consumption of coffee has significantly boosted sales and revenue. As of March 2022, statistics from the National Coffee Association, a US-based coffee industry trade association, revealed that 66% of Americans consume coffee every day, surpassing other beverages, including tap water, and witnessing a growth of nearly 14% since January 2021. The increasing consumption of coffee is a key driver propelling the coffee market.

The growing e-commerce industry is expected to further propel the growth of the coffee market. E-commerce, involving the online buying and selling of goods and services, provides a dynamic and efficient channel for coffee producers and retailers. This platform offers consumers a convenient and diverse shopping experience, contributing to the overall expansion of the coffee market. According to a report published by the International Trade Administration in October 2021, e-commerce for consumer goods is projected to represent about 22% of all global retail sales by 2024, growing at an average rate of over 1%. The report also indicates a consistent, long-term increase of 8% in global retail e-commerce sales through 2024. The growing e-commerce industry plays a pivotal role in driving the growth of the coffee market.

Product innovation emerges as a notable trend gaining popularity in the coffee market. Major companies in the coffee sector are actively launching innovative products to enhance customer experience and solidify their market position. A case in point is Blue Bottle, a Nestle-owned US-based cafe retailer and specialty coffee roaster, which introduced Craft Instant Espresso in October 2022. This premium instant coffee is produced using premium beans, a unique roasting method, and a slow freeze-drying process. Craft Instant Espresso aims to empower consumers to prepare premium drinks at home without the need for expensive equipment or brewing knowledge. Product innovation remains a crucial factor in shaping the coffee market's landscape and meeting evolving consumer preferences.

Major players in the coffee market are actively pursuing innovations, such as the development of fully automated drive-thru kiosks, as part of their strategy to reach larger customer bases and drive increased sales and revenue. A fully automated drive-thru kiosk represents a self-service ordering and payment system that enables customers to place and pay for their orders without the need for interaction with a human employee. A notable example is Octane Coffee, a US-based coffee roasting company, which launched a Drive-thru Kiosk in March 2023. This innovative kiosk employs a robotic system to prepare and dispense beverages. Customers utilize the Octane Coffee app for order placement and payment, with the system utilizing GPS technology to track the customer's car and ensure that their order is ready upon arrival.

In March 2021, Stonewall Kitchen, a prominent US-based specialty food producer, acquired Vermont Coffee Company for an undisclosed amount. This acquisition is part of Stonewall Kitchen's plan to enhance its product portfolio and reinforce its position in the food industry. Vermont Coffee Company, a US-based organic coffee producer, aligns with Stonewall Kitchen's objective of expanding its offerings and diversifying its presence in the market. The introduction of fully automated drive-thru kiosks and strategic acquisitions are key initiatives undertaken by major companies to drive innovation and strengthen their market positions in the dynamic coffee market.

Major companies operating in the coffee market report are Grady's Cold Brew LLC, PepsiCo Inc., Tata Coffee Limited, Kraft Foods Group Inc., Royal Cup Inc., Ueshima Coffee Co. Ltd., Red Thread Coffee Co., Christopher Bean Coffee, Nestle SA, Slingshot Coffee Co., Synergy Flavors Inc., Artemis Brew LTD., Monin Incorporated, S&D Coffee Inc., Aspen Beverage Group, The J.M. Smucker Company, Illycaffe SpA, The Coca-Cola Company, Tate & Lyle PLC, Jacobs Douwe Egberts BV, Folgers Coffee Company, Sensient Technologies Corporation, Cafe de Colombia, Keurig Dr Pepper Inc., Tchibo GmbH, Strauss Group Ltd., Massimo Zanetti Beverage Group S.p.A., The Kraft Heinz Company, Segafredo Zanetti S.p.A., UCC Holdings Co. Ltd

Europe was the largest region in the coffee market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the coffee market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the coffee market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The coffee market consists of sales of Liberica coffee, Cappuccino, Caffe Americano, and Espresso. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r10846

1. Executive Summary

2. Coffee Market Characteristics

3. Coffee Market Trends And Strategies

4. Coffee Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Coffee Market Size and Growth

5.1. Global Coffee Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Coffee Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Coffee Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Coffee Market Segmentation

6.1. Global Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Whole-Bean
Ground Coffee
Instant Coffee
Coffee Pods
Capsules
6.2. Global Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Hot Drinks
Ready-To-Drink Coffee
Flavored Beverages
6.3. Global Coffee Market, Segmentation By Distribution Channle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Supermarkets And Hypermarkets
Convenience Stores
Speciality Stores
Online
Other Channels
6.4. Global Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
HoReCa (Hotels, Restaurants, Cafe And Caterers)
Retail

7. Coffee Market Regional And Country Analysis

7.1. Global Coffee Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Coffee Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Coffee Market

8.1. Asia-Pacific Coffee Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Coffee Market

9.1. China Coffee Market Overview
9.2. China Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Coffee Market

10.1. India Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Coffee Market

11.1. Japan Coffee Market Overview
11.2. Japan Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Coffee Market

12.1. Australia Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Coffee Market

13.1. Indonesia Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Coffee Market

14.1. South Korea Coffee Market Overview
14.2. South Korea Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Coffee Market

15.1. Western Europe Coffee Market Overview
15.2. Western Europe Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Coffee Market

16.1. UK Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Coffee Market

17.1. Germany Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Coffee Market

18.1. France Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Coffee Market

19.1. Italy Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Coffee Market

20.1. Spain Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Coffee Market

21.1. Eastern Europe Coffee Market Overview
21.2. Eastern Europe Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Coffee Market

22.1. Russia Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Coffee Market

23.1. North America Coffee Market Overview
23.2. North America Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Coffee Market

24.1. USA Coffee Market Overview
24.2. USA Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Coffee Market

25.1. Canada Coffee Market Overview
25.2. Canada Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Coffee Market

26.1. South America Coffee Market Overview
26.2. South America Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Coffee Market

27.1. Brazil Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Coffee Market

28.1. Middle East Coffee Market Overview
28.2. Middle East Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Coffee Market

29.1. Africa Coffee Market Overview
29.2. Africa Coffee Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Coffee Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Coffee Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Coffee Market Competitive Landscape And Company Profiles

30.1. Coffee Market Competitive Landscape
30.2. Coffee Market Company Profiles
- 30.2.1. Nestle SA
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. The Kraft Heinz Company
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Starbucks Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. The J. M. Smucker Company
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. JAB Holding Company
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Coffee Market Competitive Benchmarking

32. Global Coffee Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Coffee Market

34. Coffee Market Future Outlook and Potential Analysis

34.1 Coffee Market In 2028 - Countries Offering Most New Opportunities
34.2 Coffee Market In 2028 - Segments Offering Most New Opportunities
34.3 Coffee Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer