Cold Brew Coffee Market to Grow with a CAGR of 11.2% Globally through 2029
Rising popularity of cold coffee, convenience of RTD cold
brew, experimentation with flavors and innovations are factors driving the
global cold brew coffee market in the forecast
period 2025-2029.
According to TechSci Research report, “Global Cold
Brew Coffee Market - Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2029”, the Global Cold Brew Coffee Market stood at USD
1.45 Billion in 2023 and is anticipated to grow with a CAGR of 11.2% in the
forecast period, 2025-2029. The global cold
brew coffee market has emerged as a dynamic and rapidly growing segment within
the broader coffee industry. Characterized by its smooth, less acidic taste and
innovative brewing techniques, cold brew coffee has captured the taste buds of
consumers worldwide.
The cold brew coffee market has experienced robust
growth in recent years, fueled by an increasing global demand for premium and
artisanal coffee experiences. According to market research, the global cold
brew coffee market is anticipated to continue its upward trajectory, with a
compound annual growth rate. This growth is attributed to a combination of
factors, including the rising popularity of specialty coffee, a surge in
consumer awareness about health and wellness, and the continuous introduction
of innovative cold brew products.
Browse over XX market data Figures spread
through 184 Pages and an in-depth TOC on "Global Cold Brew Coffee Market”
The market's expansion is not limited to
traditional coffee-drinking regions; emerging markets are also witnessing a
surge in cold brew consumption as consumers seek unique and sophisticated
alternatives to conventional coffee beverages. The global nature of this trend
has prompted both established players and new entrants to explore opportunities
for market penetration and expansion, contributing to the overall market size.
One of the driving forces behind the growth of the
global cold brew coffee market is the evolving preferences of consumers. There
has been a notable shift towards specialty and premium coffee experiences, with
consumers seeking unique flavor profiles and artisanal brewing methods. Cold
brew, with its distinct taste and brewing process, aligns perfectly with this
trend, positioning itself as a premium beverage choice.
Ready-to-drink (RTD) cold brew products have gained
widespread popularity, catering to the increasing demand for convenience in
today's fast-paced lifestyles. The trend towards convenience is not only
evident in the RTD format but also in the availability of cold brew
concentrates and pre-packaged cold brew coffee bags, offering consumers
flexibility in preparing their favorite beverage at home.
Flavor innovation is another key trend shaping the
market. Companies are continuously experimenting with various flavors, blends,
and brewing techniques to differentiate their products. Nitro cold brew, in
particular, has emerged as a trendsetter, offering a unique and indulgent experience
with its creamy texture and effervescence.
In conclusion, the global cold brew coffee market
stands at the intersection of changing consumer preferences, innovative product
development, and a commitment to sustainability. The industry's growth is propelled
by a combination of factors, including the rising demand for premium and
convenient beverages, the integration of health and wellness considerations,
and the globalization of coffee culture.
As the market continues to evolve, businesses within
the cold brew coffee sector must remain agile, responsive to consumer trends,
and proactive in addressing challenges. Sustainability practices, ethical
sourcing, and a focus on local preferences are not just trends but integral
components of a resilient and successful industry. With the right strategies,
the global cold brew coffee market is poised for sustained growth, offering
consumers an ever-expanding array of choices and experiences within the world
of cold brew.
The global Cold Brew Coffee market is segmented into type,
distribution Channel and region.
Based on type, the Cold Brew Coffee market
segmentation, based on type, includes Arabica, Robusta and others. The Arabica
segment held the majority share in 2023 of the Cold Brew Coffee market revenue.
Arabica contains a variety of health benefits, including antibacterial
characteristics that keep the mouth healthy, stress reduction, improved
metabolism, and skin hydration. These elements are estimated to boost the
segment's growth.
Based on region, North
America dominated the market, accounting for largest market share of
overall revenue due to the increasing spending power of millennials and their
preference for coffee over other beverages. Moreover, a number of key companies
are focusing on introducing new variants of the product through various
distribution channels, which is also likely to have a positive impact on the
cold brew coffee market.
Major companies operating in global Cold Brew
Coffee market are:
- Califia Farms, LLC
- JAB Holding
Company
- High Brew Coffee
- Kohana Coffee
- Nestlé S.A.
- La Colombe Coffee Roasters
- Starbucks Corporation
- RISE Brewing Co.
- Sleepy Owl Cold Brew Coffee Market
- Heartland Food
Products Group, LLC
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“The global cold brew coffee market has witnessed
remarkable growth, driven by shifting consumer preferences toward specialty and
premium beverages. With a compound annual growth rate exceeding expectations,
the market's expansion is fueled by the rising popularity of ready-to-drink
formats, flavor innovations, and a focus on health and wellness. Sustainability
practices and ethical sourcing further contribute to its appeal. As consumers
worldwide increasingly embrace the unique characteristics of cold brew, the
market continues to thrive, offering diverse and convenient options that cater
to evolving lifestyles and taste preferences.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based management consulting firm.
“Cold Brew Coffee Market – Global Industry Size, Share, Trends, Opportunity,
and Forecast, Segmented By Type (Arabica,
Robusta, Others), By Distribution Channel (Hypermarkets/ Supermarkets, Convenience
Stores, Online, Others), By Region, By Competition,
2019-2029, has evaluated
the future growth potential of global Cold Brew Coffee market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global Cold Brew Coffee market.
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