The global coffee bean market is evaluated at US$24.390 billion for the year 2019 growing at a CAGR of 3.64% reaching the market size of US$30.222 billion by 2025.
The growing popularity of coffee among the young population in major countries like India, China, and the Philippines among others, is considered as one of the driving factors to boost the consumption of coffee beans. Furthermore, the health concerns regarding the consumption of and expansion of distribution channels is further anticipated to positively impact the growth of the market. The health benefits associated with the consumption of coffee is driving the demand for coffee beans in the form of dietary supplements which is further expected to supplement the market growth. In addition, the growing popularity of specialty cafes in major developing economies such as India, China, Brazil, and Indonesia is further boosting the consumption of coffee.
However, the consumption of high consumption of tea in various countries is considered to moderately hamper the market growth throughout the forecast period. By the end-user, the food and beverage are anticipated to hold a notable share in the market on account of the growing use of coffee as a beverage and bakery products. By type, Arabica is projected to hold a significant market share due to the growing popularity of specialty cafes, and Arabica is considered a premium product. Geographically, Europe is projected to hold a noteworthy share owing to the high consumption of coffee in major countries such as France, Germany, Spain, and Italy among others.
“Global Coffee Bean Market – Forecasts from 2020 to 2025” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key markets, drivers, restraints, and opportunities in the current market. The report also analyses the market through comprehensive market segmentation by type, end-user, and distribution channel.
Global Coffee Bean Market has been segmented based on type. By Type, the market is segmented as Arabica and Robusta. By the end-user, the segmentation is done on the basis of pharmaceuticals, food and beverage, and personal care. By distribution channel, the market is segmented online and offline.
Major players in the Global Coffee Bean Market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the Global Coffee Bean Market.
|Market size value in 2019||US$24.390 billion|
|Market size value in 2025||US$30.222 billion|
|Growth Rate||CAGR of 3.64% from 2019 to 2025|
|Forecast Unit (Value)||USD Billion|
|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|
The global coffee bean market has been segmented on the basis of type, end-user, distribution channel, and geography.
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