Global coffee market size is set to reach over US$ 32 billion in 2021, as per latest research by Fact.MR. Coffee sales are poised to grow at 4.7% in 2021 over 2020, with demand buoyed by growing consumption during lockdown and shelter-at-home restrictions. The latest coffee market report by Fact.MR offers detailed insights into the key factors that are likely to provide an impetus to coffee sales.
The demand for coffee is increasing in emerging markets, wherein exports are at the forefront of supply chain. In the years to come, coffee will remain as a predominant staple dairy beverage in consumer diets across the globe, but its consumption levels are less likely to attain a new high.
Coffee production is also expected to witness presence of lucrative incentives provided by governments towards promotion of cash crop farming.
Fact.MR projects that the global coffee market will witness a moderate growth in the near future.
Arabica Coffee to Remain in Great Demand
In 2021, global Arabica coffee sales are set to reach nearly US$ 16.7 Bn. The demand for Robusta coffee will also gain traction, with sales likely to reach US$ 14 billion.
In 2021, demand for coffee is likely to grow in UK, Germany, France, Spain, Italy, whereas many markets in Asia Pacific, such as India, China, Japan, South Korea are also likely to remain key markets.
Towards the end of 2021, the APEJ region will emerge as the largest coffee market, procuring an estimated value of US$ 12.36 Bn. Europe and North America will also be lucrative regions for expansion of the coffee market, collectively contributing to nearly one-third share on global revenues.
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Traditional Grocery Stores to Record Impressive Sales
The report also projects supermarkets as the largest sales channel in the coffee market, revenues from which are expected to showcase healthy CAGR. Through 2021, traditional grocery stores will also emerge as promising sales channel in the coffee market, while a nascent growth in online sales of coffee products will reflect lower penetration of e-commerce sales platforms.
Production of hot drinks will be viewed as the largest application in the coffee market, followed by ready-to-drink coffee. Manufacturers are also expected to explore the low-reaping applications of coffee in production of cosmetics, nutraceuticals, and pharmaceuticals.
The report has also profiled companies that are expected to remain active in global expansion of coffee market. These include,
- Nestlé S.A.
- Starbucks Corp.
- Douwe Egberts
- Unilever Plc
- Tata Global Beverages
- Strauss Group Ltd.
- Algie & Co. Ltd.
- The Kraft Heinz Co.
- Tchibo coffee
- and Keurig Green Mountain.
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(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Global demand for coffee will continue to prevail in terms of increasing applications and growing need for caffeine-based dietary supplements. Manufacturers of coffee are gradually shifting towards organic procurement of raw coffee beans. This report, published by Fact.MR, provides in-depth analysis of the global coffee market for the forecast period 2017-2022, and offers key insights about future market direction.
The scope of Fact.MR’s report is to analyze the global coffee market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Coffee manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to coffee.
The report commences with a brief information of the global coffee market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global coffee market.
The next section offers an overview of the global coffee market. This comprises an introduction to the market, along with a standard definition of the product – coffee. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
In order to offer readers with up-to-date information about the latest advancements in the global coffee market, the report provides updates about market opportunities, which can benefit leading manufacturers of coffee. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for coffee manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.
Considering the wide scope of the global coffee market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast. The coffee market has been categorized on the basis of grade, sales channel, application, and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.
The report’s last section comprises of the global coffee market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global coffee market.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
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Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
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