Global Coffee Market 2024

Description

Coffee contains caffeine, a natural stimulant that helps increase alertness, improve concentration, and reduce fatigue. This stimulating effect makes coffee a popular choice for boosting energy levels and staying awake, particularly in the morning or during long workdays. The global coffee market size is projected to grow by USD 40.2 billion from 2024 to 2029, registering a CAGR of 5.4 percent, according to the latest market data. Evolving consumer tastes and preferences are driving an increased demand for elevated coffee experiences, characterized by a preference for specialty and premium coffee varieties.

Also, there is a growing appreciation for specialized and premium coffee varieties, including single-origin beans, artisanal blends, and innovative brewing methods like pour-over and cold brew. This appreciation is contributing to the overall growth of the coffee market.

The demands of modern lifestyles are driving consumers to prioritize convenience when it comes to their coffee consumption. This has led to a preference for convenient options such as single-serve coffee pods and pre-ground alternatives, further boosting market growth.

This report presents a detailed overview of the Global coffee industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, package type, distribution channel, and region. This detailed analysis supports the identification of growth opportunities within the coffee industry.

Market Segmentation

The coffee market in Global is structured as follows:
Product type: ground coffee, instant coffee (standard instant coffee, coffee mix), whole bean
Package type: flexible aluminum/plastic, glass, stand-up pouches, others
Distribution channel: bars & HoReCa, convenience stores, e-commerce, forecourt stores, grocery stores, supermarkets and hypermarkets, vending, others
Region: Asia Pacific, Europe, Latin America, Middle East and Africa, North America

The global coffee market is segmented on the basis of product type, package type, distribution channel, and region. On the basis of product type, the global coffee market has been segmented into ground coffee, instant coffee (standard instant coffee, coffee mix), and whole bean. By package type, the global coffee market has been segmented into flexible aluminum/plastic, glass, stand-up pouches, and others. Based on distribution channel, the global coffee market is categorized into bars & HoReCa, convenience stores, e-commerce, forecourt stores, grocery stores, supermarkets and hypermarkets, vending, and others. Geographically, the global coffee market is also segmented into Asia Pacific, Europe, Latin America, Middle East and Africa, and North America.

Competitive Landscape

The global coffee market is highly competitive. The leading players in the coffee market include Dong Suh Foods Corporation, Dr Pepper Snapple Group, JDE Peet’s N.V., Luigi Lavazza S.p.A., Massimo Zanetti Beverage Group S.p.A., Melitta Unternehmensgruppe Bentz KG, Nestle S.A., PT. Kapal Api Global, PT. Mayora Indah Tbk, Strauss Group Ltd., Strauss Group Ltd. & Sao Miguel Holding e Investimentos S.A., Tchibo GmbH, The J. M. Smucker Company, The Kraft Heinz Company, UCC Ueshima Coffee Co. Ltd.

This report provides a thorough assessment of the Global coffee market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Global coffee market.
Gain deep insights into the dynamics of the Global coffee market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Global coffee market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewGlobal coffee market – product type analysis
Global coffee market – package type analysis
Global coffee market – distribution channel analysis
Global coffee market – region analysis
Key players and market share
– Dong Suh Foods Corporation
– Dr Pepper Snapple Group
– JDE Peet’s N.V.
– Luigi Lavazza S.p.A.
– Massimo Zanetti Beverage Group S.p.A.
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Global coffee market 2019-2029
Chart Global coffee market, net growth, 2019-2029
Chart Global coffee market, growth rates, 2019-2029
Table Global coffee market by product type, 2019-2029
Chart Global coffee market by product type, CAGR historic and forecast, 2019-2029
Chart Global coffee market by product type, 2019-2029
Table Global coffee market by package type, 2019-2029
Chart Global coffee market by package type, CAGR historic and forecast, 2019-2029
Chart Global coffee market by package type, 2019-2029
Table Global coffee market by distribution channel, 2019-2029
Chart Global coffee market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Global coffee market by distribution channel, 2019-2029
Table Global coffee market by region, 2019-2029
Chart Global coffee market by region, CAGR historic and forecast, 2019-2029
Chart Global coffee market by region, 2019-2029
Table Global coffee market share (%), by companies, 2019-2023
Chart Global coffee market, by companies, 2023
Table Global coffee market share (%), by brands, 2019-2023
Chart Global coffee market, by brands, 2023
Table Global – population (millions) and forecast
Table Global – consumer price index (CPI) and forecast
Table Global – gross domestic product and forecast
Table Global coffee market: spend as a proportion of GDP (%)
Table Global coffee market: consumption per capita (population)