Press release
Coffee Market Valued at USD 136.24 Billion in 2024, Set to Transform the Beverage Industry Worldwide
๐๐จ๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ was valued at USD 136.24 billion in 2024 and is projected to expand at a CAGR of 6.6% from 2025 to 2032, reaching an estimated USD 227.18 billion by 2032.๐๐จ๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Coffee, one of the most popular beverages worldwide, is made from roasted coffee beans and supports millions of plantations globally. Key varieties include Arabica and Robusta, which cater to different flavor palettes, caffeine content, and applications. The increasing adoption of innovative coffee blends, specialty products, and health-centric offerings is driving the market's growth. As the beverage sector evolves, coffee continues to dominate as a preferred choice for consumers across diverse demographics.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:https://www.stellarmr.com/report/enquire_now/Global-Coffee-Market/55
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ:
The coffee market's growth is driven by multiple compelling factors. The health benefits associated with coffee, such as reducing diabetes risk, enhancing energy levels, and supporting metabolism, are increasingly attracting health-conscious consumers. The expansion of local and global coffee shop franchises further fuels demand, offering a variety of premium coffee options to cater to diverse tastes. Rising disposable incomes and a growing willingness to invest in high-quality coffee have significantly elevated market demand. Additionally, coffee's evolving role as a medium for socializing and a staple in modern lifestyles continues to bolster its popularity across various demographic groups.
๐๐จ๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The coffee market is experiencing a surge in innovative trends that are reshaping consumer preferences and driving growth. Functional coffee blends, such as matcha lattes and mushroom-infused coffees, are gaining popularity among health-conscious consumers for their wellness benefits. Snap chilled coffee, an innovative brewing method, is revolutionizing the market by offering enhanced flavors and aromas compared to traditional cold brews. Coffee tourism has also emerged as a significant trend, with millennials seeking immersive experiences in coffee-growing regions and unique cafes around the globe. Additionally, butter coffee, celebrated for its nutritional benefits and appeal to athletes and busy individuals, is establishing itself as a premium offering. Subscription-based coffee models have also flourished, providing consumers with convenient access to high-end blends, a trend that gained momentum during the pandemic and continues to thrive.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.stellarmr.com/report/req_sample/Global-Coffee-Market/55
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam, the world's second-largest coffee producer, is seeing a surge in its domestic coffee market, supported by an increasing preference for specialty brews. Companies like Trung Nguyรชn Legend and VietCoffee are expanding their presence internationally while enhancing domestic offerings. The market is projected to grow at a CAGR of 7.3%, driven by government initiatives to modernize coffee production and promote local consumption.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐'๐ฌ ๐๐จ๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ
Thailand's coffee market benefits from a strong culture of cafรฉ hopping and an increasing preference for high-quality coffee. Key players like Amazon Coffee and Doi Chaang Coffee are introducing innovative beverages and eco-friendly packaging. Collaborations with global coffee brands and investments in sustainable coffee farming are significant trends in the Thai market.
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's coffee market reflects a balance between tradition and modernity, with companies like UCC Ueshima Coffee Co. and Key Coffee leading the way. The market is projected to grow at a CAGR of 5.8%, driven by the popularity of ready-to-drink coffee and increasing demand for premium blends. Japan's vending machine culture also contributes significantly to coffee consumption.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's dynamic coffee market is thriving, bolstered by a strong cafรฉ culture and increasing demand for specialty coffee. Brands like Cafรฉ Bene and Ediya Coffee are expanding their footprints through innovative marketing strategies and collaborations with international roasters. The market's growth is supported by the popularity of home brewing and premium instant coffee.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐๐ซ๐ค๐๐ญ
Singapore's coffee market is marked by its cosmopolitan culture and strong demand for specialty coffee. Companies like Tiong Hoe Specialty Coffee and Chye Seng Huat Hardware are focusing on artisanal roasting and unique coffee experiences. The market's CAGR of 6.5% is attributed to the growing influence of third-wave coffee and an increasing number of boutique coffee roasters.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐๐๐ซ๐ค๐๐ญ
The U.S. dominates the global coffee market, driven by brands like Starbucks, Peet's Coffee, and Dunkin'. Opportunities lie in expanding cold brew and nitro coffee segments, along with sustainable and organic coffee options. Recent mergers, such as Nestlรฉ's acquisition of a majority stake in Blue Bottle Coffee, highlight consolidation trends in the specialty coffee market.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ญ๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's coffee market is characterized by its heritage and innovation. Leading brands like Lavazza, Nespresso, and Illycaffรจ are focusing on sustainability and premium coffee offerings. Post-pandemic recovery and an increasing number of specialty coffee shops are driving a CAGR of 6% in the region.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/Global-Coffee-Market/55
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ:
By Source
Arabica
Robusta
By Type
Instant Coffee
Ground Coffee
Whole Grain
Others
By Process
Caffeinated
Decaffeinated
By Geography
North America
Europe
Asia Pacific
MEA & Africa
Latin America
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐จ๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
Major players driving innovation and market expansion include:
Nestle
Starbucks Corporation
Lavazza
JDE Peet's
The Kraft Heinz Company
Keurig Dr. Pepper
Boston Barista
Trung Nguyen
Steamy Beans Coffee
Espresso Express
These companies are focusing on sustainable sourcing, innovative brewing techniques, and expanding franchise networks to stay competitive.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Global-Coffee-Market/55
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
โฆ Functional Ice Cream Market https://www.stellarmr.com/report/Functional-Ice-Cream-Market/2025
โฆ CubeSat Market https://www.stellarmr.com/report/CubeSat-Market/2032
โฆ Car Air Purifier Market: Global Industry Analysis and Forecast (2024-2030) https://www.stellarmr.com/report/Car-Air-Purifier-Market/2069
โฆ Karaoke Market https://www.stellarmr.com/report/Karaoke-Market/2094
โฆ Kitchen Chimney Market https://www.stellarmr.com/report/Kitchen-Chimney-Market/2122
โฆ Green Steel Market https://www.stellarmr.com/report/Green-Steel-Market/2124
โฆ Fishing Nets Market https://www.stellarmr.com/report/Fishing-Nets-Market/2161
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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