Market Size of Raw Coffee Beans Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 35.33 Billion |
Market Size (2029) | USD 47.28 Billion |
CAGR (2024 - 2029) | 6.00 % |
Fastest Growing Market | Latin America |
Largest Market | Latin America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Raw Coffee Beans Market Analysis
The Raw Coffee Beans Market size is estimated at USD 35.33 billion in 2024, and is expected to reach USD 47.28 billion by 2029, growing at a CAGR of 6% during the forecast period (2024-2029).
- Coffee beans are a global agricultural product shipped worldwide, providing livelihood for millions of coffee growers and producers. While coffee production is concentrated in developing countries, its consumption mainly occurs in developed and emerging economies. The coronavirus restrictions led to shipment delays and increased freight prices, and overland transportation became difficult for smallholder farmers who often receive low prices for their produce.
- Coffee farming communities in Indonesia face overlapping crises as market volatility, climate change, and gender inequity pose critical challenges to rural communities and agricultural enterprises. Therefore, in 2022, the US Government, through the US Agency for International Development (USAID), announced the launch of the Indonesia Coffee Enterprise Resilience Initiative (Resilient coffee), a new partnership with Keurig Dr. Pepper and Root Capital, a US NGO, to provide credit to agricultural enterprises in rural communities. Resilient coffee will support 14 coffee enterprises across Aceh, East Java, and North Sumatra, reaching 14,000 smallholder farmers as it promotes sustainable growth that balances economic needs with environmental sustainability. This is expected to boost the production of the coffee beans market in the coming years.
- Globally, Europe is the world's largest consumer and exporter of raw coffee beans, accounting for more than 28% of global consumption. The growth of the global market for coffee beans is driven by their taste when consumed as a beverage. Moreover, health benefits associated with coffee and retail market expansion make purchasing easy for consumers, boosting the global coffee bean market. For many years, Europe has been the world's largest consumer of raw coffee beans. The demand for coffee beans in Asia-Pacific has grown significantly over the years due to the increase in its consumption. Japan, India, and the Philippines are the major contributors to its growth.
Raw Coffee Beans Industry Segmentation
Raw coffee beans are referred to as the seeds of the coffee plant, which are roasted and processed to make coffee powders, granules, and other forms used in beverages.
The raw coffee beans market is segmented by geography into North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. The report offers elaborated production (volume), consumption (value and volume), import (value and volume), export (value and volume), and price trend analysis of the market.
The report offers the market size and forecasts in terms of both value in USD and volume in metric ton for all the above segments.
Geography (Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis) | |||||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
|
Raw Coffee Beans Market Size Summary
The raw coffee beans market is poised for significant growth over the forecast period, driven by increasing global demand and evolving consumer preferences. Coffee beans, a staple agricultural product, are predominantly produced in developing countries but are consumed widely in both developed and emerging economies. The market is experiencing challenges such as supply chain disruptions and rising transportation costs, particularly affecting smallholder farmers. Initiatives like the Indonesia Coffee Enterprise Resilience Initiative aim to address these challenges by promoting sustainable agricultural practices and providing financial support to rural coffee enterprises. This initiative, along with the growing demand for certified coffee, is expected to enhance market stability and growth, as consumers increasingly seek assurance regarding the quality and sustainability of their coffee.
Europe remains the largest consumer and exporter of raw coffee beans, with significant contributions from Asia-Pacific countries like Japan, India, and the Philippines. The demand for certified coffee is on the rise, with certifications such as Fair Trade, Rainforest Alliance, UTZ, and USDA Organic playing a crucial role in ensuring quality and sustainability. These certifications not only improve the livelihoods of coffee growers but also enhance market access and trade opportunities. Brazil, as the world's leading coffee producer, plays a pivotal role in the global market, with its coffee exports reaching major destinations like the United States, Germany, and Italy. Despite challenges such as economic and social barriers, Brazil's commitment to quality and sustainability continues to bolster its position in the global coffee market.
Raw Coffee Beans Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.3 Market Restraints
-
1.4 Value Chain/Supply Chain Analysis
-
-
2. MARKET SEGMENTATION
-
2.1 Geography (Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
-
2.1.1 North America
-
2.1.1.1 United States
-
2.1.1.2 Canada
-
2.1.1.3 Mexico
-
-
2.1.2 Europe
-
2.1.2.1 Germany
-
2.1.2.2 United Kingdom
-
2.1.2.3 Spain
-
2.1.2.4 France
-
2.1.2.5 Italy
-
2.1.2.6 Belgium
-
2.1.2.7 Russia
-
-
2.1.3 Asia-Pacific
-
2.1.3.1 China
-
2.1.3.2 Vietnam
-
2.1.3.3 Indonesia
-
2.1.3.4 India
-
2.1.3.5 Japan
-
-
2.1.4 South America
-
2.1.4.1 Brazil
-
2.1.4.2 Colombia
-
-
2.1.5 Middle-East and Africa
-
2.1.5.1 Uganda
-
2.1.5.2 Ethiopia
-
-
-
Raw Coffee Beans Market Size FAQs
How big is the Raw Coffee Beans Market?
The Raw Coffee Beans Market size is expected to reach USD 35.33 billion in 2024 and grow at a CAGR of 6% to reach USD 47.28 billion by 2029.
What is the current Raw Coffee Beans Market size?
In 2024, the Raw Coffee Beans Market size is expected to reach USD 35.33 billion.