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Sunday, June 19, 2022

Global Coffee Concentrate Market To Be Driven By The Increasing Coffee Consumption In The Forecast Period Of 2022-2027

The new report by Expert Market Research titled, ‘Global Coffee Concentrate Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global coffee concentrate market, assessing the market based on its segments like varieties, types, distribution channels, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 23.4%

Expanding disposable incomes, rising coffee consumption, and consumers’ desire for strong coffee flavour in hot and cold beverages and food items such as desserts, are projected to drive the global coffee concentrate market. Consumers are increasingly seeking immunity and health-boosting components in beverages; therefore, fortified coffee concentrates are projected to see increased demand in the coming years. The increasing popularity of ready-to-drink products is also increasing the demand for coffee concentrates in the market. The high paced lifestyles of consumers are shifting the choice of people from traditional coffee to the concentrated form. Additionally, the use of instant coffee in homes and offices is likely to create opportunities for the coffee concentrate market.

Industry Definition and Major Segments

Coffee concentrate is coffee that has been concentrated. Brewing methods vary, but in general, beans are ground and processed through a long extraction process using cold water. Coffee concentrations typically have a higher caffeine content than iced coffee made from freshly brewed coffee. These are usually sweeter and served cold, but most coffee concentrations can also be used to make hot beverages or as a dessert ingredient.

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By variety, the market is segmented into:

• Arabica
• Robusta

Based on type, the market is divided into:

• Cold Brew Coffee Concentrate
• Iced Coffee Concentrate
• Top Roast Coffee Concentrate
• Black Coffee Concentrate

The several distribution channels of the market are:

• Supermarkets and Hypermarkets
• Online Store
• Convenience Stores
• Others

On the basis of region, the market is segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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Market Trends

Increasing urbanisation and development in mid-sized cities, the expansion of a number of multinational and foreign retail brands providing consumers with products at ease are some of the factors driving the market for coffee concentrates, iced coffee, cold brew coffee, and many others. The global market for coffee concentrates is supported by a growing population, the emergence of Western culture, and a growing awareness of coffee-based beverages among individuals around the world. In addition, the growing number of hotels, restaurants, caf├ęs, coffee chain outlets, and other food service establishments is driving up the demand for coffee concentrates. Consequently, there has been a rapid expansion of branded coffee chain outlets in developing economies in recent years, which is also driving the market growth.

Key Market Players

The major players in the market include Stumptown Coffee Roasters, Grady’s Cold Brew, Nestle S.A., Kohana Coffee, and Slingshot Coffee Co., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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