Cibi e Bevande
Global Coffee Market Set to Reach USD 60,589.2 Million by 2030, With a Sustainable CAGR Of 6.9% | Growth Market Reports
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
This report also includes a complete analysis of industry players that cover their latest developments, product portfolio, pricing, mergers, acquisitions, and collaborations. Moreover, it provides crucial strategies that are helping them to expand their market share.
the global coffee market is segmented into whole-bean, ground coffee, instant coffee, and coffee pods & capsules. The whole-bean segment is projected to expand at a considerable CAGR during the forecast period, as it has a longer shelf-life than ground coffee.
the global coffee market is segmented into Arabica, Robusta, specialty, and others. The Arabica segment is projected to expand at a significant CAGR during the forecast period, as these beans are popular among consumers, making up about 60% of the coffee production in the world.
the global coffee market is segmented into Online [E-commerce and Company Owned Portals] and Offline [Supermarkets/Hypermarkets, Coffee Houses, Departmental Stores, and Others]. The e-commerce segment held a considerable share of the market and is expected to continue to do so during the projection period, as successful online coffee sales rely on innovative strategies to retain and attract customers.
the global coffee market is segmented into hot drinks, ready-to-drink coffee, flavored beverages, pharmaceuticals, and others. The hot drinks segment is anticipated to expand at a significant CAGR during the forecast period, as Espresso, a popular hot coffee beverage from Italy , is progressively gaining popularity across the globe.
the market is segmented into five major regions, namely, North America , Europe , Asia Pacific , Latin America , and the Middle East & Africa . North America dominates the global coffee market, which is primarily driven by the growing consumption of specialty coffee in the region. The coffee market in Europe has been estimated to grow during the forecast period, as demand for coffee is high in Europe , which is creating several lucrative opportunities in the market.
The rising production of coffee in developed and developing countries is anticipated to propel the coffee market. Governments of several countries are creating policies and funding to promote large-scale production of coffee for cash crop farming, which is responsible for the market growth in the coming years.
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