Global Coffee Bean Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Type (Arabica, Robusta), By End-User (Food And Beverage, Pharmaceuticals, Personal Care), By Distribution Channel (Online, Offline), And By Geography - Forecasts From 2022 To 2027

Published:  May 2022 Report Code: KSI061613133 Pages: 230

The global coffee bean market is projected to grow at a CAGR of 3.54% during the forecast period to reach US$30,225.625 million by 2027, from US$23,687.703 million in 2020. This growth could be predominantly attributed to the rising demand for coffee as the most consumed beverage across all age groups. Furthermore, in recent years, rising populations, rapid urbanization, increased food outlets, and the emergence of online delivery apps have increased the coffee market globally. Improving work culture, economic development, and boosting living standards can boost coffee consumption in the market. To meet the rise in demand and customer expectations, brands are constantly evolving their customer strategies to improve customer loyalty.

Increasing coffee production, changing trends, and rising coffee beans production are expected to increase the market size in the projected period.

Arabica and Robusta are the two most economically important coffee plant kinds. According to the International Coffee Organisation, in 2020, about 105,262 thousand 60-kg bags of Arabicas and 70,086 thousand 60-kg bags of Robusta will be produced globally 2020. According to a European Food Research and Technology study, Robusta beans comprise about 68.6-81.6 gms of caffeine per kg of dry coffee, almost twice that of caffeine in Arabica, which has about 34.1-38.5 gms per kg of dry coffee. Coffee has become one of the most popularly consumed beverages due to the revitalizing effect of caffeine. According to ICO, 166,346 thousand 60-kg bags were consumed in 2020-2021. Also, world coffee exports increased to 13.16 million in March 2022, compared to 12.65 million in the previous year.

Additionally, the emergence of flavored coffees to meet evolving tastes and aesthetics is also expected to grow the global coffee bean market. For instance, in February 2020, Starbucks expanded its product portfolio with the launch of the new Ready-To-Drink Starbucks Nitro Cold Brew series in collaboration with Pepsico. This series included many flavours and varieties, including Multi-Serve Iced Coffee, Starbucks Tripleshot beverages, Bottled Cold Brew, Starbucks Doubleshot beverages, and many others. The objective of this launch was to meet the changing tastes of consumers and expand its reach to an even greater population.

Furthermore, with the lockdown and work-from-home, instant coffee consumption has also increased drastically. Due to increasing household chores and time constraints, hardcore filtered coffee lovers have also shifted towards much easier and more convenient instant coffee. Exploiting this, many companies have introduced instant coffees into their portfolios. For instance, in February 2020, Nestle and Starbucks collaborated together to co-develop an instant coffee, which is available in two flavours: Medium Roast and Dark Roast. The product was available in multiple regions, including Asia, Oceania, the Americas, Africa, and Europe. 

Rapid growth in technological Innovations and adaptability to change in times propelled the growth of the coffee bean market.

The advancing technologies and emergence of table-top coffee machines, coffee pods, and capsules have caught the attention of many citizens worldwide, appealing to them to prepare good coffee in home comfort. Its reduced time, effort, and ease of consumption have attracted companies and institutions to install them in the workplace. Per a survey by Reddi-Wip in 2019, a brand under Conagra brands, 89 % of Americans like to brew their coffee at home, citing cost, convenience, and customizability as prime factors. Moreover, the development of Artificial intelligence and the innovation of AI-based coffee machines have also shown positive signs in the market. In January 2020, Starbucks invested in artificial intelligence, adopting Mastrena II, a coffee machine, in their retail stores across the US and Canada.

Additionally, AI-based robots are also designed to serve as baristas in cafés. This novel strategy has become a highlight in the China International Trade 2020 for Trade in Services. These machines aid baristas in making the coffee quicker by optimizing them according to the outputs collected from the said equipment. Furthermore, with the pandemic still prevalent globally, AI offers an optimal and safe solution for human interactions. These innovative coffee-making AI robots can perform more complicated tasks than regular coffee machines and make even coffee in special flavours. And these robot baristas have already been deployed in Heshenghui Shopping Mall in Beijing, where AI robots staff the entire coffee corner.   

COVID-19 Insights

The outbreak of COVID-19 has made coffee prices volatile globally. Lockdown and travel restrictions had led lack of workforce and subsequently affected the productive coffee levels. The lockdown and travel restrictions had resulted in a lack of workforce, which had a negative impact on the productive coffee levels. The closure of cafes, restaurants, companies, institutions, and other outdoor food and beverage outlets also impacted the sales of coffee. As per the study by the International Coffee Organisation (ICO), two factors affected the global coffee market: Firstly, the Covid-19 pandemic has affected labour supply, either directly due to illness or indirectly. Migrant workers and farm labourers were limited by lockdown, travel restrictions, and social distancing measures. Secondly, internal logistics networks and the functioning of the export infrastructure have been disrupted, resulting in delays in shipments and increased trade and transaction costs. Nevertheless, the emergence of e-commerce has offset these instabilities. According to ICO, the global consumption of coffee increased by 1% in 2021 compared to the past four years, and the global production of coffee increased by 6.3% in 2020 compared to 2019.

Key Developments:

  • January 2022- Peet's Coffee announces its Summer of Jelly menu, which celebrates the flavorful, eye-catching, and distinctive personalization of coffee and tea concoctions with boba influences. Peet's introduces a new line of plant-based Coffee and tea customized beverages that feature Brown Sugar Jelly for refreshing flavour and texture as younger American customers boost demand for boba-inspired speciality drinks1. Sweet and bouncy jelly is now available at Peet's as a permanent menu addition to any cold beverage. It is entirely plant-based. The new Brown Sugar Cold Brew Oat Latte and Citrus Green Tea Shaker with Brown Sugar Jelly, among other items, are available on Peet's summer menu. These items are paired with Peet's aromatic, freshly roasted coffee and tea options to provide fans of jelly and boba with the customization and deep layers they crave.
  • November 2020- With its newest cafe tucked inside on 22 East Butler Avenue, Backyard Beans Coffee Company, made an expansion into Ambler. The business claims locally roasted coffee, a food created from scratch, and a commitment to the neighbourhood. The business only buys coffee ethically and roasts it here in Lansdale. Their steadfast dedication to the community, which they highlight through their Make a Difference Monday campaign, is equally significant. Backyard Beans will continue this program in Ambler. On the first Monday of every month, Backyard Beans donates 10% of its cafe sales to a neighbourhood non-profit partner.
  • July 2020- One of the top roasters and merchants of speciality coffee and tea in the world, The Coffee Bean & Tea Leaf® brand, has unveiled its newly revamped The Coffee Bean® Rewards app, which offers immediate in-app delivery and a more straightforward user interface. 139 The Coffee Bean & Tea Leaf® sites in California and Arizona are now directly and swiftly available for delivery orders from the tens of thousands of app users of the renowned coffee destination.

Coffee Bean Market Scope:

Report Metric Details
 Market Size Value in 2020  US$23,687.703 million
 Market Size Value in 2027  US$30,225.625 million
 Growth Rate  CAGR of 3.54% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Million
 Segments Covered  Type, End-User, Distribution Channel, And Geography
 Regions Covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered  Backyard Beans Coffee Company, Caribou Coffee Company, Coffee Bean Direct LLC,   International Coffee & Tea, LLC, La Colombe Coffee Roasters, Gold Coffee Company,   Farmer Bros. Co., illycaffè S.p.A., LUIGI LAVAZZA SPA, Hawaiian Isles Kona Coffee   Co., PEET'S COFFEE
 Customization Scope  Free report customization with purchase

 

Market Segments

  • By Type
    • Arabica
    • Robusta
  • By End-User
    • Food and Beverage
    • Pharmaceuticals
    • Personal Care
  • By Distribution Channel
    • Online
    • Offline
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • France
      • Germany
      • UK
      • Others
    • Middle East & Africa
      • Saudi Arabia
      • Israel
      • UAE
      • Others
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Indonesia
      • Thailand
      • Taiwan
      • Others

Frequently Asked Questions (FAQs)

Q1. What is the size of the global coffee bean market?
A1. Coffee Bean Market was valued at US$23,687.703 million in the year 2020.


Q2. What will be the coffee bean market size by 2027?
A2. The global coffee bean market is projected to reach a market size of US$30,225.625 million by 2027.


Q3. What are the growth prospects for the coffee bean market?
A3. The coffee bean market is projected to grow at a CAGR of 3.54% over the six years.


Q4. What factors are anticipated to drive the coffee bean market growth?
A4. Increasing coffee production, changing trends and rising coffee bean production are expected to drive the coffee bean market.


Q5. How is the global coffee bean market segmented?
A5. The global coffee bean market has been segmented by type, end-user, distribution channel, and geography.

1. Introduction
1.1. Market Overview
1.2. COVID-19 Impact
1.3. Market Definition
1.4. Market Segmentation


2.  Research Methodology
2.1.  Research Data
2.2.  Assumptions


3.  Executive Summary
3.1.  Research Highlights


4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis


5. Global Coffee Bean  Market, By Type
5.1. Introduction
5.2.  Arabica
5.3. Robusta 


6. Global Coffee Bean Market, By End User
6.1. Introduction
6.2. Food and Beverage
6.3. Pharmaceuticals
6.4.  Personal Care


7. Global Coffee Bean Market, By Distribution Channel
7.1. Introduction
7.2. Online
7.3. Offline


8.  Global Coffee Bean Market, By Geography
8.1.  Introduction
8.2. North America
8.2.1. USA
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others 
8.4. Europe
8.4.1. France
8.4.2. Germany
8.4.3. UK
8.4.4. Others 
8.5. Middle East & Africa
8.5.1. Saudi Arabia
8.5.2. Israel
8.5.3. UAE
8.5.4. Others
8.6. Asia-Pacific
8.6.1. China
8.6.2. India
8.6.3. Japan
8.6.4. South Korea
8.6.5. Indonesia
8.6.6. Thailand
8.6.7. Taiwan
8.6.8. Others 


9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1.  Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix


10. COMPANY PROFILES
10.1. Backyard Beans Coffee Company
10.2. Caribou Coffee Company
10.3.  Coffee Bean Direct LLC
10.4. International Coffee & Tea, LLC
10.5. La Colombe Coffee Roasters
10.6.  Gold Coffee Company
10.7. Farmer Bros. Co.
10.8. illycaffè S.p.A.
10.9.  LUIGI LAVAZZA SPA
10.10. Hawaiian Isles Kona Coffee Co.
10.11. PEET'S COFFEE

Backyard Beans Coffee Company

Caribou Coffee Company

Coffee Bean Direct LLC

International Coffee & Tea, LLC

La Colombe Coffee Roasters

Gold Coffee Company

Farmer Bros. Co.

illycaffè S.p.A.

LUIGI LAVAZZA SPA

Hawaiian Isles Kona Coffee Co.

PEET'S COFFEE

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