Coffee Market Size-Share, Growth Factors, Forecast 2023-2029

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Global Coffee Market was valued at USD 120.48 billion in 2021 and is expected to reach USD 166.39 billion by the year 2028, at a CAGR of 4.72%.

Coffee is one of the most popular beverages around the globe, due to which coffee bean is the second most highly traded commodity in the global market after petrochemical products. More than 25 million farmers are involved across the world to produce coffee in more than 50 different countries. The quality, efficiency, and diverse choices offered in a single serving of coffee are responsible for the growth of the market studied. Arabica is the most produced coffee in the world, followed by Robusta. Hence, key players are coming up with product innovations, mainly related to Arabica coffee. In developed economies, some consumers are expected to switch from instant coffee to more premium options, in terms of quality and flavor. Instant coffee was once attributed a high-end product.

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The Global Coffee Market study contains information on the global industry, as well as user data and numbers. The Global Market is examined in depth in this research report, including raw material suppliers, industry chain structures, and manufacturing. The Coffee Market Sales market investigates the market's most important segments. This insightful analysis includes historical data as well as a predicted timeframe. This report examines the whole value chain, as well as downstream and upstream fundamentals.

Leading Key Players Covered Coffee Market: -

·         Nestle SA

·         JAB Holding Company

·         The Kraft Heinz Company

·         Strauss Group Ltd

·         Starbucks Coffee Company

·         The J.M. Smucker Company

·         Luigi Lavazza SPA

·         The Coca-Cola Company

·         Tata Global Beverages

·         Tchibo GmbH and other major players.

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Segmentation of Coffee Market: -

By Product Type      

·         Whole Bean Coffee

·         Ground Coffee

·         Instant Coffee

·         Coffee Pods

·         Capsules

By Variety     

·         Arabica

·         Robusta

·         Canephora

By Distribution Channel     

·         On Trade

·         Off Trade

 By Region

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of SA)

 COVID-19 Impact Analysis of Coffee Market
Due to the COVID-19 pandemic affecting the all-region adversely owing to restrictions such as travel, business activities, production, sales, and marketing for every sector including agriculture at the beginning level. The main importing and consuming markets such as Europe, North America, and Asia Pacific region got affected by the coronavirus outbreak has adversely impacted the coffee market. The government has imposed measures such as social distancing and shutdowns in places that had a massive impact on cafeterias, restaurants, hotels, and other outlets.

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Key Chapter Will Be Provided in The Report

·         Patent Analysis

·         Regulatory Framework

·         Technology Roadmap

·         BCG Matrix

·         Heat Map Analysis

·         Price Trend Analysis

·         Investment Analysis

·         Company Profiling and Competitive Positioning

·         Industry Value Chain Analysis

·         Market Dynamics and Factors

·         Porter’s Five Forces Analysis

·         Pestle Analysis

·         SWOT Analysis

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