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Coffee Market worth US$ 34 Billion by 2022 – Exclusive Report by Fact.MR

The International Coffee Organization reveals that over the past couple of years, the global consumption of coffee bags has increased at a reasonable pace. Next in line to tea, coffee continues to remain among the staple dairy beverages in the world. Consumption of coffee continues to remain high in urban environments wherein higher caffeine content is observed advantages to cope with rapid lifestyles. Moreover, new applications of coffee continue to expand the applicability purview for manufacturers, enabling them to invest in innovative production techniques.

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.

 

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A key potential for expansion of coffee markets remains to be emerging economies wherein coffee prices are steeped low, and made more affordable for the masses. Regions recording high exports of coffee are also being targeted by companies seeking to enlarge their global market presence. The future of global coffee market continues to witness a steady demand owing to the nonpareil position held by coffee in our daily diets. Consumers are also demanding higher use of coffee in fast-serving beverages that ensure an improved body metabolism. Some players in the global coffee market are also shifting towards procurement of organic coffee beans.

 

Coffee Market

 

According to the newly-published report by Fact.MR, the global market for coffee is expected to reach US$ 34.3 Bn value towards the end of 2022. The demand for coffee is expected to attain moderate growth, which will be primarily factored by increasing demand of caffeine-based dietary supplements and rising inclusion of dairy beverages in daily diets.

 

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Market Taxonomy

Grade Sales Channel Application
Arabica Supermarkets/Hypermarkets Hot Drinks
Robusta E-commerce Ready-to-Drink Coffee
Specialty Coffee Houses Flavored Beverages
Others Traditional Grocery Stores Food & Beverage Flavors
Other Retail Formats Nutraceuticals
Pharmaceuticals
Cosmetics
Other Applications

 

For More Insights – https://www.prnewswire.com/news-releases/soaring-inclination-towards-coffee-based-beverages-piloting-market-growth-at-4-6-cagr-details-factmr-study-300877736.html

 

Forecast Highlights from the Report

The report has also profiled leading players in the global coffee market, which include companies namely, Starbucks Corp., Nestlé S.A., Unilever Plc, Jacobs Douwe Egberts, Tata Global Beverages, Matthew Algie & Co. Ltd., Tchibo coffee, The Kraft Heinz Co., Keurig Green Mountain, and Strauss Group Ltd.

 

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More Food Industry Reports from Fact.MR

Coffee Fruit Extract Market research report Segmented By Nature (Organic, Conventional), By End Use (Food, Pharmaceuticals), By Form, by Packaging Type, & by Region – https://www.factmr.com/report/3669/coffee-fruit-extract-market

Chewable Coffee Market research report Segmented by Product Type (Tablet chewable coffee, Gummy Chewable Coffee Cube, Others), By Supply Chain (E-Commerce, Supermarkets, Suppliers & Distributors, Others), & by Region – https://www.factmr.com/report/2141/chewable-coffee-market

Coffee Concentrate Market research report Segmented by variety (Arabica, Robusta), by caffeine content (Regular, Decaffeinated), by flavor (Regular, Flavored), By Product Type (Cold Brew Coffee Concentrate, Dolce Iced Coffee Concentrate, Top Roast Coffee Concentrate, Black Coffee Concentrate), By Sales Channel, & By Region – https://www.factmr.com/report/1755/coffee-concentrate-market

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