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Global Coffee Market (2020 to 2025) - Growth, Trends and Forecasts - ResearchAndMarkets.com

October 16, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Oct 16, 2020--

The “Global Coffee Market - Growth, Trends and Forecasts (2020 - 2025)” report has been added to ResearchAndMarkets.com’s offering.

The global coffee market is projected to grow at a CAGR of 4.22% during the forecast period (2020-2025).

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The convenient forms of coffee, like coffee pods and capsules and RTD coffee are becoming popular among masses (especially in North America and Western Europe) to prepare good coffee in the comfort of home, in less time. For instance: as per the survey conducted by the National Coffee Association in the United States, more than 70% of the consumers prefer at-home coffee preparation.

Companies Mentioned

  • The Kraft Heinz Company
  • Starbucks Coffee Company
  • The J.M Smucker Company
  • Luigi Lavazza SPA
  • Nestle SA
  • The Coca-Cola Company
  • JAB Holding Company
  • Tata Global Beverages

Key Market Trends

Surge in Demand For Certified Coffee Products

From past few years it has been noticed that consumers are getting more aware regarding the manufacturing of the product they are buying and from where their purchases are coming from. This is applicable especially in the case of supply chain of food and beverages, and coffee is no different. Therefore, consumers are readily looking for certified coffee products to be ensured about credibility of their coffee purchases.

Certified coffee is an assurance to the consumer about the reliability of the product, as coffee is becoming an increasingly common target for food counterfeiters. UTZ Certification - It is the largest certification program in coffee and cocoa. UTZ aims to make the sustainable farming a norm, by encouraging farmers to implement eco-friendly agricultural practices and manage their farms profitably with respect to coffee consumers and nature. A number of coffee certification organizations are engaged in keeping a check upon the production procedures and supply chain of coffee. Some of them are as follows:Fair Trade Certification, Rainforest Alliance Certification, UTZ Certification

Europe Holds a Significant Share in the Market

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According to a survey conducted by the Institute for Scientific Information on Coffee (ISIC), 68% of the respondents stated that they often consumed coffee, while working. This trend is leading to a huge demand for coffee in the European countries, like Germany, Italy, Spain, United Kingdom and others as consumers are becoming increasingly conscious about the quality of their coffee. Moreover, advancements in technology (like table-top machines and traceability tools) are creating the pathway for bean-to-cup solutions.

The German coffee pods and capsules market is highly dominated by Nestle’s Nespresso, with its wide product reach across the country. Keurig green mountain merged with JAB holding with an aim to expand its presence. This is expected to hinder the growth of nestle SA in Germany. As per a report published by nestle Nespresso SA, in Germany, growing sense of coffee connoisseur ship was most noticeable among younger generations. About 24.1% of 18-29-year-olds want to try different types of coffees, coffee recipes, and want diversity in the coffee industry

Key Topics Covered:

1 INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Porters Five Forces Analysis

4.3.1 Threat of New Entrants

4.3.2 Bargaining Power of Buyers/Consumers

4.3.3 Bargaining Power of Suppliers

4.3.4 Threat of Substitute Products

4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

5.1 By Product Type

5.1.1 Whole-Bean

5.1.2 Ground Coffee

5.1.3 Instant Coffee

5.1.4 Coffee Pods and Capsules

5.2 By Distribution Channel

5.2.1 On-Trade

5.2.2 Off-Trade

5.2.2.1 Supermarkets/Hypermarkets

5.2.2.2 Convenience Stores

5.2.2.3 Specialist Retailers

5.2.2.4 Other Distribution Channels

5.3 Geography

5.3.1 North America

5.3.2 Europe

5.3.3 Asia-Pacific

5.3.4 South America

5.3.5 Middle East & Africa

6 COMPETITIVE LANDSCAPE

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/4d8snd

View source version on businesswire.com:https://www.businesswire.com/news/home/20201016005549/en/

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KEYWORD:

INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 10/16/2020 12:18 PM/DISC: 10/16/2020 12:18 PM

http://www.businesswire.com/news/home/20201016005549/en