Coffee Beans Market Size, Global Forecast 2024-2030: Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis - ResearchAndMarkets.com

The "Coffee Beans Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.

Coffee beans market is predicted to be priced at around US$ 56.38 billion by 2030. The popularity of coffee beans is growing in modern beverage enterprises due to their great appeal and versatility. As customers increasingly try to find unique and flavorful alternatives, coffee gives various brewing techniques and flavor profiles to cater to multiple choices. Moreover, coffee is not only a beloved and best-liked morning ritual but also a social and cultural phenomenon fostering network and connection. Its energizing properties and capability of health benefits further contribute to its enormous adoption and reputation in the contemporary beverage industry.

Coffee Beans Market is anticipated to grow at a CAGR of 4.79% from 2024 to 2030

Increased intake of coffee and coffee beverages, pushed through its popularity by the diverse younger population and cafe subculture, is propelling the worldwide coffee beans market. Coffee, one of the most widely consumed drinks internationally, is especially favored by millennials, with data from the British Coffee Association indicating that approximately ninety-eight million cups are consumed daily in the UK. Ground coffee and single-serve coffee pods are increasingly desired, especially amongst millennials aged 16 to 34, representing 16% of all buyers. Moreover, the cafe lifestyle flourishes, with 80% of coffee shop visitors frequenting at least once a week, while 16% visit daily, further fueling the need for coffee merchandise.

Further, coffee beans contribute to the prevention of chronic illnesses, including certain types of diabetes, skin cancer, and coronary heart sicknesses, while also improving the immune system, thereby bolstering the coffee beans market. An evaluation by the Harvard T.H. Chan School of Public Health suggests that ingesting low to mild doses of caffeine (50-300 mg) can enhance alertness, strength levels, and attention. A study concerning 37,514 women revealed that slight coffee consumption of 2-3 cups consistently per day was connected to a 21% reduced risk of a heart ailment. Furthermore, a meta-evaluation of 21 prospective research inspecting coffee consumption and mortality from chronic illnesses demonstrated a correlation between mild coffee intake (3 cups each day) and a 21% decrease in the threat of cardiovascular disease-related deaths than non-drinkers.

Moreover, the burgeoning popularity of coffee beans in cosmetics drives the global coffee beans market forward. While historically consumed as a beverage, coffee is increasingly considered a viable skin care solution. This surge in recognition is attributed to the presence of phenolic compounds, like chlorogenic acids and caffeine. Caffeine is used in cosmetic formulations for its photoprotective, anti-aging, cellulite-decreasing, and hair-regrowth properties. For instance, in 2023, Luster Cosmetics, renowned for its premium beauty services, added a new coffee-infused line. This modern range consists of the herbal benefits of coffee beans in various merchandise, promising an exclusive and powerful beauty regimen. So, the Coffee Beans Market was valued at US$ 40.64 Billion in 2023.

Technological coffee processing and manufacturing developments are also propelling the coffee beans market. According to coffeeresearch.Org, while numerous unique coffee species exist, two major ones are cultivated these days. Coffeaarabica, referred to as Arabica coffee, accounts for 75-80 percent of the world's production. Coffeacanephora, known as Robusta coffee, bills for approximately 20 percent and differs from Arabica coffees in terms of flavor. Technological developments enhance the quality and uniformity of coffee beans in harvesting, milling, and roasting processes, stimulating market enlargement and increasing product alternatives.

Also, introducing new flavors, packaging, and advertising campaigns through diverse channels, including social media, is anticipated to boost international coffee beans market growth. For example, in 2023, Krispy Kreme multiplied its beverage menu across participating U.S. shops, supplying iced, frozen, and hot coffees with smoother blends and more decadent roasts. Besides, the addition of oat milk gives customers more customization alternatives. Krispy Kreme offers a free doughnut by shopping for any new coffee or coffee beverage in-store, via drive-thru, or online. This initiative is part of a comprehensive beverage program relaunch, incorporating upgraded equipment and standardized training for consistent drink quality.

Key Attributes:

Company Analysis: Overview, Recent Developments, Revenue Analysis

• Starbucks
• Nescafe
• The Kraft Heinz Company
• Lunchin Coffee
• J M Smucker
• Coca cola
• Dutch Bros
• Keurig Dr Pepper
• JDE PEET'S N.V.

Consuming Countries - Coffee Beans Consumption Market of 11 Countries covered in the Report:

• European Union
• United States
• Brazil
• Philippines
• Japan
• Canada
• China
• Indonesia
• Russia
• United Kingdom
• Other

Production Countries - Coffee Beans Production Market of Arabica & Robusta in 11 Countries covered in the Report:

A. Arabica

• Brazil
• Colombia
• Ethiopia
• Honduras
• Peru
• Guatemala
• Mexico
• Nicaragua
• China
• Costa Rica
• Others

B. Robusta

• Vietnam
• Brazil
• Indonesia
• Uganda
• India
• Malaysia
• Cote d'Ivoire
• Thailand
• Mexico
• Tanzania
• Other

Importing Countries - Coffee Beans Import Market of Roast and Ground and Soluble in 11 Countries covered in the Report:

A. Bean Imports

• European Union
• United States
• Japan
• Russia
• Switzerland
• South Korea
• Canada
• United Kingdom
• Algeria
• Colombia
• Others

B. Roast and Ground Imports

• United Kingdom
• United States
• Canada
• Ukraine
• South Korea
• Russia
• China
• Australia
• Saudi Arabia
• Vietnam
• Others
• C. Soluble Imports
• Philippines
• Canada
• China
• United States
• Indonesia
• Japan
• South Africa
• Russia
• Ukraine
• Argentina
• Others

Exporting Countries - Coffee Beans Export Market of 11 Countries covered in the report:

A. Bean Exports

• Brazil
• Vietnam
• Colombia
• Indonesia
• Uganda
• Honduras
• Ethiopia
• India
• Peru
• Guatemala
• Others

B. Roast and Ground Exports

• European Union
• Switzerland
• Vietnam
• Colombia
• Mexico
• China
• Indonesia
• Brazil
• Panama
• Costa Rica
• Others

C. Soluble Exports

• Brazil
• Malaysia
• Vietnam
• India
• European Union
• Indonesia
• Mexico
• Colombia
• Thailand
• Ecuador
• Others

For more information about this report visit https://www.researchandmarkets.com/r/arba7f

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View source version on businesswire.com: https://www.businesswire.com/news/home/20240814079276/en/