PUBLISHER: The Business Research Company | PRODUCT CODE: 1662943
PUBLISHER: The Business Research Company | PRODUCT CODE: 1662943
Coffee concentrates, essences, and extracts represent products derived from combining coffee beans and alcohol to produce a concentrated coffee flavor, suitable for enhancing the taste profile of baked goods, ice cream, and cocktails.
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 concentrates, essences, and extracts market research report is one of a series of new reports from The Business Research Company that provides coffee concentrates, essences, and extracts market statistics, including coffee concentrates, essences, and extracts industry global market size, regional shares, competitors with a coffee concentrates, essences and extracts market share, detailed coffee concentrates, essences, and extracts market segments, market trends and opportunities, and any further data you may need to thrive in the coffee concentrates, essences and extracts industry. This coffee concentrates, essences, and extracts 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 $25.98 billion in 2024 to $27.73 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to cultural and social importance, globalization and trade, cafe culture and specialty coffee, changing consumer preferences, economic conditions.
The coffee concentrates, essences and extracts market size is expected to see strong growth in the next few years. It will grow to $35.69 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to health and wellness trends, sustainable and ethical sourcing, premiumization and specialty coffee, e-commerce and online retail, global market expansion. Major trends in the forecast period include technology in coffee production, coffee in alternative formats, diversity in coffee origins, focus on packaging sustainability, cultural and experiential coffee consumption.
The anticipated rise in coffee consumption is set to drive the growth of the coffee concentrate, essence, and extract market. Coffee, derived from roasted coffee beans, is increasingly preferred due to its various benefits such as enhancing mental acuity, uplifting mood, and boosting metabolism. This heightened preference for coffee contributes to the escalating demand for coffee concentrate, essence, and extracts. In November 2022, the International Coffee Organization (ICO), a UK-based federal agency for coffee, reported a 1.6% increase in the export of coffee extract in the first two months of 2022/23, reaching 19.56 million bags compared to 19.25 million bags during the same period in 2021/22. The growing consumption of coffee is a pivotal factor propelling the coffee concentrate, essence, and extract market.
The increasing consumer demand for novel and unique flavors is expected to be a driving force for the growth of the coffee concentrate, essence, and extract market. Consumers' inclination towards unique taste experiences fosters product innovation, leading to the introduction of diverse flavor profiles and customization options. This trend encourages culinary exploration, increases brand competitiveness, and expands the market as consumers seek distinctive flavor options in their food and beverages. The popularity of artisanal and craft beverages, the influence of mixology, and the rise of flavored cold brews contribute to the market's expansion. For example, a September 2022 report from Simpsons Beverage Supply Co Ltd, a UK-based flavor manufacturing company, indicated that around 80% of coffee enthusiasts personalize their beverages, often utilizing flavored coffee syrups. The increasing demand for new and unique flavors is a significant driver for the growth of the coffee concentrate, essence, and extract market.
The introduction of innovative products stands out as a notable trend gaining traction in the coffee concentrate, essence, and extract market. Major industry players are focusing on creating innovative products to enhance their market position, with a strong emphasis on product differentiation and innovation. In March 2023, Reborn Coffee, a US-based specialty coffee retailer, launched a line of unique and super-premium cold brew ice creams using coffee extract and concentrates. This new product line stands out for its use of natural ingredients, delivering excellent flavors with a rich and creamy texture, setting it apart from other ice cream brands. The emphasis on introducing innovative products is a key factor driving the growth of the coffee concentrate, essence, and extract market.
Major players in the coffee concentrate, essence, and extract market are actively engaged in developing new cold brew concentrates as part of their strategy to gain a competitive edge. Cold brew concentrate represents a highly potent and flavorful variant of cold brew coffee, achieved by steeping coarsely ground coffee beans in cold or room temperature water for an extended period. Illustratively, in August 2023, Tim Hortons, a prominent Canada-based restaurant chain, introduced the Tim Hortons Cold Brew Concentrate. This concentrated cold brew is available in four enticing flavors such as Medium Blend Black, Birthday Cake, Cinnamon Swirl, and Mocha Cereal, all crafted with 100% Arabica Beans. Packaged in convenient 32-ounce multi-serve bottles, each concentrate produces eight individual servings when prepared as directed. The user-friendly concentrate can be easily mixed with water and ice, providing the flexibility to enjoy it black or customize with milk or cream.
In November 2022, Westrock Coffee, a leading US-based integrated coffee and tea extract service provider, acquired Kohana Coffee for an undisclosed amount. This strategic acquisition empowers Westrock Coffee to expedite the development, production, and distribution of Ready-to-Drink (RTD) products in cans and multi-serve bottles to customers of both Kohana Coffee and Westrock Coffee. Kohana Coffee, a US-based coffee extract provider with a focus on Ready-to-Drink products, particularly in California, aligns with Westrock Coffee's efforts to strengthen its position in the market. The development of new cold brew concentrates remains a pivotal element in the competitive strategies of major companies in the coffee concentrate, essence, and extract market.
Major companies operating in the coffee concentrates, essences and extracts market include Nestle SA, The Kraft Heinz Company, Starbucks Corporation, The J. M. Smucker Company, JAB Holding Company, Strauss Coffee B.V., Luigi Lavazza S.p.A., Tata Consumer Products Limited, UCC Europe Limited, Steamy Bean Coffee LLC, The Busy Bean Coffee Co., BostonbeaN Coffee Company, JumpStart Coffee, Trung Nguyen, The Steam Room, Keurig Dr Pepper Inc., Massimo Zanetti Beverage Group S.p.A., Melitta Group, Tres Coracoes Alimentos S.A., Dunkin' Brands Group Inc., Jacobs Douwe Egberts B.V., Illycaffe S.p.A., Segafredo Zanetti S.p.A., Peet's Coffee Inc., Coffee Day Enterprises Ltd., Dallmayr, Cafe de Colombia, Matthew Algie & Company Ltd., Lofbergs Lila AB
North America was the largest region in the coffee concentrates, essences and extracts market in 2024. The regions covered in the coffee concentrates, essences and extracts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the coffee concentrates, essences and extracts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The coffee concentrates, essences and extracts market consist of sales of original coffee and flavored coffee. 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.
Coffee Concentrates, Essences And Extracts Global Market Report 2025 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 concentrates, essences and extracts 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.
Where is the largest and fastest growing market for coffee concentrates, essences and extracts ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The coffee concentrates, essences and extracts 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.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.