Coffee has been a crucial part of people’s daily routine since its discovery in the eighth century AD. Over the course of time, as people began experimenting with it, more variants and caffeine-associated products made their way to the general populace’s shopping basket. The coffee concentrate market is valued to be a staggering USD 2.90 billion, as of 2024.
With the expansion of eCommerce chains, especially in developed and developing economies, manufacturers are able to reach a wider consumer base. This has benefitted not only them but also the consumers as they get a plethora of options to select from. This is slated to further take the market valuation to USD 5.10 billion by the end of 2034.
The ongoing sustainability trends have also impacted the coffee concentrate market. Manufacturers are investing billions of dollars in embracing sustainable practices to make their offerings more eco-friendly. With the market growing at a modest CAGR of 5.80% through 2034, FMI predicts a bright future in the years to come.
Attributes | Details |
---|---|
Market Value for 2024 | USD 2.90 billion |
Projected Market Value for 2034 | USD 5.10 billion |
Value-based CAGR of the Market for 2024 to 2034 | 5.80% |
Concentrates of coffee mainly come in two variants, caffeinated and decaffeinated. Among these, caffeinated coffee concentrates are in line to hold a market share of 63% in 2024.
Attributes | Details |
---|---|
Type | Caffeinated |
Market Share (2024) | 63% |
The demand for caffeinated coffee concentrates is touching the skies as consumers are increasingly familiar with the taste and after-effects of drinking caffeine-containing drinks. This appeals to a consumer base seeking functional benefits from their coffee consumption.
Also, caffeinated concentrates are perceived as more authentic to the essence of coffee, particularly among coffee enthusiasts who prioritize the traditional coffee-drinking experience. All these factors have led to the growing consumption rates of caffeinated concentrates.
Concentrates of coffee are available over a wide spectrum of distribution channels like retail, supermarkets, specialty stores, convenience stores, etc. The retail segment is anticipated to hold a majority share of 71% in 2024.
Attributes | Details |
---|---|
Distribution Channels | Retail |
Market Share (2024) | 71% |
Consumers in the coffee concentrate market are increasingly preferring retail outlets despite the emergence of online platforms. Retail stores offer the convenience of immediate access to products, allowing consumers to satisfy their coffee cravings on the spot without waiting for delivery.
These shops also provide a sensory experience where consumers can see, touch, and sometimes even sample the products before making a purchase. Retail shops also save a substantial amount of financial costs as they don’t include shipping charges.
Countries | CAGR (2024 to 2034) |
---|---|
United States | 6.10% |
United Kingdom | 7.00% |
South Korea | 8.00% |
Japan | 7.60% |
China | 6.60% |
South Korea is one of the leading markets in the world when it comes to coffee concentrates. The South Korean market is estimated to grow at a CAGR of 8.00% through 2034.
South Korea, as a country, has undergone a serious transition in its dietary habits. The youth population in the country is actively following Western eating practices. Coffee, which is a major part of this diet, has become an integral part of people’s lifestyle in South Korea.
Coffee essences are thus, in great demand in the country as they offer a convenient way of enjoying coffee while aligning with the busy and fast-paced lifestyles of individuals in this country. Besides this, the growing number of specialty coffee centers in the country is also one of the major reasons for the improved sale of concentrates in South Korea.
The Japanese market is also a lucrative one. It is anticipated to expand at a CAGR of 7.60% through 2034.
Japan, in the last few years, has developed a considerable coffee culture thanks to exposure to Western dietary habits and the corporatization of jobs where drinking coffee is promoted actively. This has led to enormous sales of the concentrates in the urban and semi-urban parts of the country.
Health-conscious trends among the Japanese population, especially the younger ones, have also influenced the market. Cold brews and concentrates are considered healthy beverages as compared to traditional coffee drinks.
China is also one of the top countries in this market. It is slated to progress at a promising CAGR of 6.60% through 2034.
China’s eCommerce boom has benefitted the sales of various consumer goods products, including coffee concentrates. This expansion of distribution channels has facilitated coffee enthusiasts in many ways. Consumers can now browse through millions of products before making a purchase.
Sales have also increased due to the advent of multinational companies in the Chinese marketplace. This has left consumers with even more concentrate options when it comes to coffee. All these factors have collectively made China, one of the most lucrative countries in this market.
The United States market is also a promising one. It is anticipated to progress at a CAGR of 6.10% through 2034.
The United States is home to one of the most affluent populations in the world. This consumer group gets attracted to premium products The premiumization of coffee concentrates has positively impacted the market sales. The emergence of artisanal coffee products and customized concentrates of coffee on eCommerce platforms have also increased consumption rates in the country.
The market in the United Kingdom is also predicted to flourish in the coming future. It is projected to progress at a CAGR of 7.00%.
People in the United Kingdom, especially those living in urban and semi-urban settings, seek beverages that not only give them instant energy but also those that are easy to make and carry. Making caffeinated drinks using concentrates of coffee is a very easy and super fast way of satisfying coffee cravings.
This has appreciably increased the sales in the country. Besides this, the effective marketing strategies of companies involved in the market have also fueled sales in the United Kingdom.
The coffee concentrate market is a well-established one with a multitude of companies already gaining a strong foothold in the international marketplace. Key players in the market have used social media influencers, with millions of virtual followers, to market their products more effectively. Also, with effective campaigns and marketing strategies, they are successful in reaching every nook and corner of developed and developing countries.
Recent Developments
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Litre) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 4: Global Market Volume (Litre) Forecast by Type, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 6: Global Market Volume (Litre) Forecast by Distribution Channel, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Litre) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 10: North America Market Volume (Litre) Forecast by Type, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 12: North America Market Volume (Litre) Forecast by Distribution Channel, 2019 to 2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Litre) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 16: Latin America Market Volume (Litre) Forecast by Type, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 18: Latin America Market Volume (Litre) Forecast by Distribution Channel, 2019 to 2034
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: Western Europe Market Volume (Litre) Forecast by Country, 2019 to 2034
Table 21: Western Europe Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 22: Western Europe Market Volume (Litre) Forecast by Type, 2019 to 2034
Table 23: Western Europe Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 24: Western Europe Market Volume (Litre) Forecast by Distribution Channel, 2019 to 2034
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Market Volume (Litre) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 28: Eastern Europe Market Volume (Litre) Forecast by Type, 2019 to 2034
Table 29: Eastern Europe Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 30: Eastern Europe Market Volume (Litre) Forecast by Distribution Channel, 2019 to 2034
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Market Volume (Litre) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 34: South Asia and Pacific Market Volume (Litre) Forecast by Type, 2019 to 2034
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 36: South Asia and Pacific Market Volume (Litre) Forecast by Distribution Channel, 2019 to 2034
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 38: East Asia Market Volume (Litre) Forecast by Country, 2019 to 2034
Table 39: East Asia Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 40: East Asia Market Volume (Litre) Forecast by Type, 2019 to 2034
Table 41: East Asia Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 42: East Asia Market Volume (Litre) Forecast by Distribution Channel, 2019 to 2034
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Market Volume (Litre) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 46: Middle East and Africa Market Volume (Litre) Forecast by Type, 2019 to 2034
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Litre) Forecast by Distribution Channel, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Type, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Litre) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 9: Global Market Volume (Litre) Analysis by Type, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 12: Global Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 13: Global Market Volume (Litre) Analysis by Distribution Channel, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 16: Global Market Attractiveness by Type, 2024 to 2034
Figure 17: Global Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (US$ Million) by Type, 2024 to 2034
Figure 20: North America Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Litre) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 27: North America Market Volume (Litre) Analysis by Type, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 30: North America Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 31: North America Market Volume (Litre) Analysis by Distribution Channel, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 34: North America Market Attractiveness by Type, 2024 to 2034
Figure 35: North America Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) by Type, 2024 to 2034
Figure 38: Latin America Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Litre) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 45: Latin America Market Volume (Litre) Analysis by Type, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 49: Latin America Market Volume (Litre) Analysis by Distribution Channel, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Type, 2024 to 2034
Figure 53: Latin America Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (US$ Million) by Type, 2024 to 2034
Figure 56: Western Europe Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Litre) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 63: Western Europe Market Volume (Litre) Analysis by Type, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 66: Western Europe Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 67: Western Europe Market Volume (Litre) Analysis by Distribution Channel, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Type, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (US$ Million) by Type, 2024 to 2034
Figure 74: Eastern Europe Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Litre) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Litre) Analysis by Type, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Litre) Analysis by Distribution Channel, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Type, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (US$ Million) by Type, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Litre) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Litre) Analysis by Type, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Litre) Analysis by Distribution Channel, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Type, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (US$ Million) by Type, 2024 to 2034
Figure 110: East Asia Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Litre) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 117: East Asia Market Volume (Litre) Analysis by Type, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 120: East Asia Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 121: East Asia Market Volume (Litre) Analysis by Distribution Channel, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Type, 2024 to 2034
Figure 125: East Asia Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (US$ Million) by Type, 2024 to 2034
Figure 128: Middle East and Africa Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Litre) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Litre) Analysis by Type, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Litre) Analysis by Distribution Channel, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Type, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The market is expected to be worth USD 2.90 billion in 2024.
The coffee concentrate market is expected to reach USD 5.10 billion by 2034.
The market is anticipated to grow at a CAGR of 5.80% from 2024 to 2034.
Javy Coffee Company, Starbucks Corporation, Blue Bottle Coffee Inc, Kohana Coffee, and Nestle S.A., are some of the major players in the market.
The valuation for the market in 2023 was USD 2.70 billion.
Explore Beverages Insights
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.