The global coffee beans market reached a value of US$ 28.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 42.26 Billion by 2027, exhibiting a CAGR of 6.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Coffee beans refer to seeds of a tropical plant that are dried, roasted, and processed for forming coffee granules powder that can later be used as a beverage. They are commonly available in Arabic and Robusta variants. Amongst these, the arabica trees produce aromatic coffee that is flat and elongated, whereas Robusta coffee beans are bitter and are commonly used in espresso and instant coffees. Coffee beans are widely used in chocolates, body scrubs, muffins, cookies and cakes. They contain antioxidants and exhibit anti-inflammatory properties that protect against several diseases. They also aid in reducing the risk of diabetes, Parkinson’s, and skin cancer, combating inflammation, boosting the immune systems, burning fat, and improving mood and energy levels.
Coffee Beans Market Trends:
Significant growth in the food and beverage (F&B) industry across the globe is creating a positive outlook for the market. Coffee beans are commonly used in various hot and cold beverages and served across various coffee shops. Additionally, the widespread product adoption due to the presence of essential minerals and vitamins and antioxidant properties, which further offers numerous health benefits, such as protection from cell damage, is favoring the market growth. Apart from this, the rising health consciousness amongst consumers has led to the introduction of organic coffee that is grown under natural conditions and is free of pesticides and artificial fertilizers, which, in turn, is providing a considerable boost to the market growth. Furthermore, various technological advancements, such as the integration of the Internet of Things (IoT) to monitor and control environmental variables affecting the cultivation of coffee, are positively impacting the market growth. Other factors, including the rising expenditure capacities of consumers, rising promotional activities on e-commerce platforms and increasing product demand in the pharmaceutical industry, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global coffee beans market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, distribution channel and end user.
Breakup by Product:
Breakup by Distribution Channel:
Breakup by End User:
Food and Beverages
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Backyard Beans Coffee Company, Caribou Coffee Company Inc., Coffee Bean Direct LLC, Death Wish Coffee Co., Gold Coffee Company, Hawaiian Isles Kona Coffee Co., illycaff? S.p.A., La Colombe Coffee Roasters, Luigi Lavazza S.p.A., Starbucks Coffee Company, The Coffee Bean Company and The East India Company Ltd.
Key questions answered in this report:
How has the global coffee beans market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global coffee beans market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global coffee beans market and who are the key players?
What is the degree of competition in the industry?