Cold Brew Coffee Market Outlook Analysis Trends by Forecast 2030 | MRFR Report
Market Overview:
In addition, the global cold brew coffee market is
expected to rise at a CAGR of 11.74% with a value of USD 3.25 Billion during the projected
quarters of 2022-2030.
Popular cold-brew coffee is made by steeping ground
coffee in water brought to room temperature for many hours. It has a mild
acidity and is a rich infusion of oils, sweets, and caffeine. It promotes
mental health, lowers the risk of depression, boosts cognitive abilities, and
speeds up metabolism by burning extra body fat. In addition, it helps prevent
Parkinson's and Alzheimer's illnesses and type 2 diabetes.
One of the main factors influencing the market is a
significant movement away from carbonated beverages toward coffee, combined
with a rise in the consumption of ready-to-drink beverages among the general
populace. Additionally, the café culture trend is expanding, particularly among
millennials. The market is expanding due to this and the rising number of
coffee shops worldwide. Additionally, the market is benefiting from the
widespread availability of coffee through both online and offline distribution
channels. In addition, cold brew coffee is cheaper when purchased in bulk at
supermarkets and hypermarkets worldwide.
This, together with the general public's growing
knowledge of the harmful health effects of packaged beverages' high
preservative content, is providing profitable development prospects to industry
investors. In addition, major market participants are heavily funding research
and development projects to launch a new kind of cold brew coffee. They also
put much effort into packaging innovation for their products to enhance sales
and overall profitability. Additionally, the Cold Brew Coffee Market Outlook is expanding due to the increased consumption of cold
brew coffee, which is known for its natural antioxidant content and benefits to
the digestive system.
Market Segmentation:
The global Cold Brew Coffee Market Insights has been segmented into four sections type, category,
distribution channel and regional basis. The type section has been classified
into arabica, robusta and others. The category section has been divided into
traditional and decaf. The distribution channel has been divided into
store-based and non-store based. The regional basis is further classified into
five sections Asia-Pacific, North America, South America, Europe and Middle
East & Africa.
Regional Analysis:
It has been seen over the past several years that
customers are becoming more conscious of the manufacture of the things they
purchase and the origin of their purchases. This is true, particularly
regarding the supply chain for goods like coffee in food and beverages. To
assure the legitimacy of their coffee purchases, buyers are therefore carefully
searching for certified coffee goods.
68% of respondents to a poll by the Institute for
Scientific Information on Coffee said they frequently drank coffee at work. As
customers become more aware of the quality of their coffee, there is an
enormous demand for coffee in European nations like Germany, Italy, Spain, the
United Kingdom, and others. Additionally, technological developments are paving
the way for bean-to-cup solutions. With its extensive product reach throughout
the nation, Nestle's Nespresso significantly dominates the German coffee pod
and capsule industry.
Industrial News:
The market share of the top companies in the coffee
industry has sizable room for expansion thanks to improvements in goods and
packaging. For instance, El Marino announced its intention to form a joint
venture with NuZee Inc. in January 2020. As part of this agreement, the
companies will collaborate to incorporate NuZee's single-serve pour-over coffee
pouches into El Marino's brand portfolio and make the delivery system available
to El Marino's clientele.
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