Coffee Market Grow with a CAGR of 5.41% through 2030
The Global Coffee Market is
growing due to rising consumption in emerging economies, growing demand for
specialty coffee, and innovations in ready-to-drink formats.
According to
TechSci Research report, “Coffee Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, the global Coffee
Market stood at USD 275.72
Billion in 2024 and is expected to grow USD 376.79
Billion by 2030 with a CAGR of 5.41% during the forecast period. The
global coffee market remains one of the most dynamic and culturally significant
beverage industries worldwide, deeply embedded in daily routines, social
customs, and global commerce. As a commodity, coffee is second only to oil in
terms of trade volume, underscoring its economic and cultural importance. The
market has been growing steadily due to rising consumption in both developed
and emerging markets. While traditional coffee-drinking nations in Europe and
North America continue to account for a large share of consumption, emerging
economies in Asia-Pacific, Latin America, and Africa are rapidly increasing
their share. This is driven by shifting lifestyles, urbanization, and the
emergence of café culture among younger demographics.
Consumers
are no longer satisfied with standard brews; they are looking for a
personalized coffee experience marked by high-quality beans, traceable
sourcing, and artisanal roasting. This has led to the rise of the "third
wave" coffee movement, which emphasizes origin-specific beans, lighter
roasts, and a deeper understanding of brewing techniques. As a result,
specialty coffee shops are flourishing in urban centers worldwide, offering
pour-over, cold brew, siphon, and other customized experiences. In response,
even large global players are adapting by offering single-origin blends,
organic options, and sustainable certifications. This shift is not just a trend
but a reflection of how coffee is evolving from a daily habit to a lifestyle
statement.
Sustainability
has become a defining feature of the modern coffee market. Increasing awareness
about climate change, ethical labor practices, and environmental degradation
has reshaped consumer expectations and industry practices. Coffee cultivation
is particularly vulnerable to climate fluctuations, which affect yield, bean
quality, and long-term viability. In response, stakeholders across the value
chain—from farmers to multinational corporations—are investing in
climate-resilient practices, agroforestry, and improved supply chain
traceability. Certifications such as Fair Trade, Rainforest Alliance, and UTZ
have become important differentiators for brands aiming to build trust and
loyalty among environmentally and socially conscious consumers.
Browse
over xx market data figures spread through xx Pages and an in-depth TOC on
"Global Coffee Market”
The global Coffee
Market is segmented into product type, distribution channel, and region.
Based on distribution
channel, offline distribution channel continues to play a vital role in the
global coffee market, particularly through supermarkets, hypermarkets,
convenience stores, cafés, and specialty coffee shops. This channel offers
consumers the advantage of immediate access, tactile product experience, and
in-person interaction, which enhances brand trust and loyalty. Physical stores
allow customers to compare a wide variety of coffee products, benefit from
promotional offers, and receive assistance from trained staff. Moreover, cafés
and coffee chains serve not only as points of sale but also as experiential
hubs, where consumers enjoy premium brews in a social setting.
Based
on region, Asia-Pacific is the fastest-growing coffee region, with consumption
expanding rapidly due to rising disposable incomes, urbanization, and a young,
trend-driven population embracing café culture. Markets like China and India
are witnessing strong growth in specialty coffee, with an increasing number of
café openings and demand for high-quality beans. Additionally, ready-to-drink
and instant coffee formats are becoming increasingly popular due to convenience
and changing lifestyles. The region is also experiencing a surge in
international and domestic coffee chains, as well as artisanal roasters
catering to evolving consumer tastes. Tech-savvy consumers are driving online
orders and app-based delivery services, further boosting market growth.
Major companies
operating in the global Coffee Market are:
- Nestlé
- Starbucks
Coffee Company
- JDE
Peet’s
- Tchibo
GmbH
- Luigi
Lavazza Spa
- Strauss
Coffee BV
- The
J.M. Smucker Company
- Melitta
Group
- UCC
Ueshima Coffee Co., Ltd.
- Massimo
Zanetti Beverage Group
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“The global coffee market is driven by
rising consumption in emerging economies, growing demand for premium and
specialty coffee, and increasing urbanization and café culture. Consumers are
seeking personalized, high-quality experiences and ethically sourced products.
Trends include the rapid growth of ready-to-drink and cold brew coffee,
expansion of digital platforms and direct-to-consumer sales, and increased
focus on sustainability.,” said Mr. Karan Chechi, Research Director of
TechSci Research, a research-based management consulting firm.
“Coffee Market – Global Industry Size, Share, Trends, Opportunity and Forecast, By Product Type (Roasted, Instant, Ready to Drink), By Distribution Channel (Online, Offline), By Region & Competition, 2020-2030F”, has evaluated
the future growth potential of global 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 Coffee Market.
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