How big is the Coffee Market?

The Coffee Market size is expected to reach USD 132.13 billion in 2024 and grow at a CAGR of 4.72% to reach USD 166.39 billion by 2029. Read More

What is the current Coffee Market size?

In 2024, the Coffee Market size is expected to reach USD 132.13 billion. Read More

Who are the key players in Coffee Market?

JAB Holding Company, Nestlé S.A., Luigi Lavazza S.p.A., Massimo Zanetti Beverage Group and The Kraft Heinz Company are the major companies operating in the Coffee Market. Read More

Which is the fastest growing region in Coffee Market?

South America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Coffee Market?

In 2024, the Europe accounts for the largest market share in Coffee Market. Read More

What years does this Coffee Market cover, and what was the market size in 2023?

In 2023, the Coffee Market size was estimated at USD 125.89 billion. The report covers the Coffee Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Coffee Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Which innovative coffee trends hold potential to reshape the industry?

Plant-based milk alternatives, cold brew, & nitro coffee, are predicted to reshape the coffee industry. Read More

What are the top plant-based & alternative milk options impacting coffee consumption habits?

The rise of oat, almond & other plant-based milk alternatives are impacting coffee consumption habits. Read More

Coffee Market Report | Industry Analysis, Size & Forecast

Coffee Market Report - Industry Analysis, Size & Forecast (2024 - 2029).

The Global Coffee Market Report is Segmented by Product Type (Whole-Bean, Ground Coffee, Instant Coffee, and Coffee Pods and Capsules), Distribution Channel (On-Trade and Off-Trade), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa). The Report Offers the Market Sizes and Forecasts in Terms of Value (USD) for all the Above Segments.

Coffee Industry Overview

The coffee market is highly competitive and is dominated by players like Nestlé S.A., Kraft Heinz Company, JAB Holding Company, Luigi Lavazza S.p.A., and Massimo Zanetti Beverage Group. The leading players in the coffee market recorded a significant scope in their market shares through innovations in products and expansions in other regions via joint ventures. For instance, in September 2021, Louis Dreyfus Company Asia Pte. Ltd signed a joint venture agreement with Zephyr Japan, a Japanese specialty coffee retailer that provides premium coffees. With this joint venture, the company aims for specialty business expansion, positioning it to increase excellent coffee flows into Japan and other East Asian markets.