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Future Market Insights, Inc.

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Future Market Insights

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Future Market Insights

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T: + 44 (0) 20 8123 9659
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Future Market Insights

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Coffee Concentrate Market Overview

According to a study by Future Market Insights, the market for Coffee Concentrate is estimated to grow at a CAGR of 3.5% during the forecasted period. The value of the industry is expected to rise from US$ 1,401.5 million in 2023 to US$ 1,976.9 million in 2033. By the end of 2022, the Coffee Concentrate Market was valued at US$ 1,345.0 Million.

Market Size Value in 2023

US$ 1,401.5 Million

Market Forecast Value in 2033

US$ 1,976.9 Million

Global Growth Rate (2023 to 2033)

3.5%

Forecast Period

2023 to 2033

Global Market Share of USA, Germany, Japan, and Australia

72.7%

The coffee concentrate market is rapidly growing as more people turn to the convenience and affordability of this beverage. Coffee concentrate, which comes in powdered or liquid form, can be added to hot or cold water to create a delicious cup of joy. Commercial establishments such as restaurants and cafes are increasingly adding coffee concentrate products to their menus due to its ease of use and cost-effectiveness.

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Historical Outlook versus Future Projections for Coffee Concentrate Market

The value of the global market for Coffee Concentrate expanded from US$ 1,140.9 to US$ 1,345.0 between 2018 and 2022, growing at a CAGR of 4.2%.

The global coffee concentrate market has been on a steady rise for the past decade, with a heightened interest in the product from both consumers and businesses. Historically, coffee concentrates have been used mostly as an ingredient in food products or as a flavoring agent. Over time, however, there has been an increasing demand for single-serve ready-to-drink coffee beverages that are made with coffee concentrate.

The global Coffee Concentrate Market is forecast to grow at a solid CAGR of 3.5% from US$ 1,401.5 Billion in 2023 to US$ 1,976.9 Billion by 2033.

Country-wise Insights

Why does the United States hold a dominant position in the market for Coffee Concentrate?

USA accounted for 34.3% of the North America market with a value of US$ 480.7 Million in 2023. The United States is a leader in the production and distribution of coffee concentrate, with the majority of the world’s supply coming from USA-owned companies. This dominance is due to several factors, including favorable growing conditions, ample resources available for production, and an advanced infrastructure in place to facilitate efficient distribution.

How is the Coffee Concentrate market developing in China?

The China Brewing Boiler Market will grow at 6.0% CAGR between 2023 and 2033. As coffee concentrate continues to gain traction in the global beverage market, an increasing number of companies are turning their attention to the Chinese market.

With its huge population, China has become an attractive destination for manufacturers and distributors of coffee concentrate. In recent years, there has been a surge in demand for high-quality and more convenient ways to enjoy coffee beverages. This has resulted in a rise in the availability of ready-to-drink products such as coffee concentrates across retail outlets and convenience stores in major cities like Shanghai and Beijing.

What is India's position in the Coffee Concentrate market?

The India Brewing Boiler Market will grow at 4.7% CAGR between 2023 and 2033. Coffee Concentrates are an increasingly popular product in the beverage industry. As consumers seek to reduce their sugar intake and enjoy more flavor in their drinks, coffee concentrates offer an easy solution. India has recently become a major player in this market and is fast becoming a key global supplier of coffee concentrate.

Nandini Roy Choudhury
Nandini Roy Choudhury

Principal Consultant

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Category-wise Insights

What are the benefits of Cold Brew Coffee Concentrate?

Cold brew coffee concentrate is becoming increasingly popular as more people understand its many advantages. Because cold brew concentrate requires less work and fewer steps than traditional hot brewing methods, it has a lot of benefits for coffee lovers. Cold brewing also creates a bold, smooth flavor that can be used in a variety of ways.

When compared to traditional hot-brewed coffee, cold brewed coffee is naturally sweeter and smoother due to the lower acidity levels created by the cold water extraction process. Cold brewing also produces higher levels of caffeine, allowing you to get an extra energy boost in your cup without needing to use more grounds or steep for longer periods of time. Additionally, because it results in a concentrate rather than individual servings like hot brewed coffee does, you can make large batches ahead of time and store them for future use.

Why is Online Channel preferred over other alternatives?

Online channels have become a preferred choice for many, due to their convenience and ease of use. With online channels, consumers can access products and services instantly without waiting in line or even leaving the comfort of their own homes. This type of convenience has made it easier for businesses to reach out to customers and increase sales.

Competitive Landscape

The coffee concentrate market has seen a substantial growth in the past few years due to its rising popularity. As consumers become more conscious about their health and try to opt for more nutritious and healthier options, many are turning towards coffee concentrate for its convenience and potential health benefits. This has led to an increase in competition among the major players operating in this market.

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Coffee Concentrate Market Report Scope

Attribute

Details

Forecast Period

2023 to 2033

Historical Data Available for

2018-2022

Market Analysis

USD Million for Value and Units for Volume

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Oceania
  • MEA

Key Countries Covered

  • USA
  • Mexico
  • Canada
  • Germany
  • UNITED KINGDOM
  • France
  • Italy
  • Spain
  • India
  • Japan
  • China
  • South Korea
  • Australia
  • Argentina
  • Brazil
  • South Africa
  • UAE

Key Segments Covered

  • Product Type
  • Sales Channel
  • Region

Key Companies Profiled

  • PepsiCo
  • Tata international
  • Kraft Foods Group Inc.
  • Synergy Flavors Inc.,
  • Grady’s Cold Brew
  • Ueshima Coffee Co., Ltd
  • Red Thread Good
  • Kohana Coffee
  • Others

Report Coverage

Company Share Analysis, DROT Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives, Market Forecast, Competitive Landscape,

Customization & Pricing

Available upon Request

Coffee Concentrate Market by Category

By Product Type, Coffee Concentrate Market is segmented as:

  • Dolce Iced Coffee Concentrate
  • Black Coffee Concentrate
  • Cold Brew Coffee Concentrate
  • Top Roast Coffee Concentrate

By Sales Channel, Coffee Concentrate Market is segmented as:

  • Discount Market
  • Departmental Stores
  • Convenience Stores
  • Supermarket
  • Online Stores
  • Others

By Region, Coffee Concentrate Market is segmented as:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Oceania
  • MEA

Frequently Asked Questions

How big is the Coffee Concentrate Market?

The Coffee Concentrate Market will reach nearly US$ 1,401.5 Million by 2023.

At what rate Coffee Concentrate Market is expected to grow?

The Coffee Concentrate Market is expected to rise at a CAGR of 3.5%

Which are the major countries driving the demand for Coffee Concentrate Market?

USA, UNITED KINGDOM, China, and Germany are the major countries driving the demand for Coffee Concentrate Market.

At what rate will Coffee Concentrate Market grow in China?

The China Coffee Concentrate Market will grow at 6.0% CAGR between 2023 and 2033.

At what rate will Coffee Concentrate Market grow in India?

The India Coffee Concentrate Market will grow at 4.7% CAGR between 2023 and 2033.

At what rate will Coffee Concentrate Market grow in UNITED KINGDOM?

The UNITED KINGDOM Coffee Concentrate Market will grow at 3.4% CAGR between 2023 and 2033.

Which companies dominate the market?

PepsiCo, Tata international, Kraft Foods Group Inc., and Synergy Flavors Inc are the companies dominating the Market.

What is the demand outlook forecast for the Coffee Concentrate Market?

The global demand for Coffee Concentrate Market is forecasted to surpass US$ 1,976.9 Million by the year 2033.

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