Coffee Beans Market to Reach $15.6 Billion by 2024, Says Allied Market Research
Driven by increasing health awareness and rising consumption of specialty coffee.
WILMINGTON,NEW CASTLE, DELAWARE, UNITED STATES, June 28, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research titled, Coffee Beans Market by Product and End Use: Global Opportunity Analysis and Industry Forecast, 2017-2024," the global coffee beans market size was valued at $10,471 million in 2017, and is expected to reach $15,635 million by 2024, registering a CAGR of 6.1% from 2018 to 2024. Europe dominated the global market, accounting for around one-third share of the total revenue.
๐๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/request-sample/4671
๐๐ฑ๐๐ข๐ญ๐ข๐ง๐ ๐๐๐๐๐ซ ๐๐ฅ๐๐ซ๐ญ! ๐ ๐๐๐ญ ๐ ๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐๐จ๐ฎ๐ซ ๐๐๐ฑ๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐! ๐๐ฎ๐ฒ ๐ง๐จ๐ฐ ๐๐ง๐ ๐ญ๐๐ค๐ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ฅ๐ข๐ฆ๐ข๐ญ๐๐-๐ญ๐ข๐ฆ๐ ๐จ๐๐๐๐ซ. ๐๏ธ
The global coffee beans market is driven by increased coffee consumption across nations, expansion in retail market, and health benefits associated with coffee. Moreover, decrease in consumption of carbonated drinks is anticipated to boost the growth of the global coffee beans market. However, availability of substitute such as tea is projected to impede the coffee beans market growth in future.
Coffee beans are the seeds of the Coffea plant and are the primary ingredient in the production of coffee. The two most commercially important species of coffee plants are Coffea arabica (Arabica) and Coffea canephora (Robusta). These beans are processed and roasted to produce coffee, which is one of the most popular beverages worldwide.
๐ก๐๐ฒ๐ฉ๐๐ฌ ๐จ๐ ๐๐จ๐๐๐๐ ๐๐๐๐ง๐ฌ:
โฆ ๐๐ซ๐๐๐ข๐๐ (๐๐จ๐๐๐๐ ๐๐ซ๐๐๐ข๐๐):
โฆ Grown at higher altitudes.
โฆ Known for its smooth, complex flavor and aromatic profile.
โฆ Contains less caffeine than Robusta.
โฆ More susceptible to pests and diseases.
โฆ Represents about 60-70% of global coffee production.
โฆ ๐๐จ๐๐ฎ๐ฌ๐ญ๐ (๐๐จ๐๐๐๐ ๐๐๐ง๐๐ฉ๐ก๐จ๐ซ๐):
โฆ Grown at lower altitudes.
โฆ Known for its strong, bold flavor and higher caffeine content.
โฆ More resilient to pests and diseases.
โฆ Often used in espresso blends and instant coffee.
โฆ Represents about 30-40% of global coffee production.
๐ก๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ ๐๐๐ญ๐ก๐จ๐๐ฌ:
โฆ ๐๐ซ๐ฒ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ (๐๐๐ญ๐ฎ๐ซ๐๐ฅ):
โฆ Coffee cherries are spread out in the sun to dry.
โฆ Beans are separated from the dried fruit.
โฆ Results in a fuller-bodied, fruitier flavor.
โฆ ๐๐๐ญ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ (๐๐๐ฌ๐ก๐๐):
โฆ Coffee cherries are pulped to remove the outer skin.
โฆ Beans are fermented to remove the mucilage, then washed and dried.
โฆ Produces a cleaner, brighter flavor profile.
โฆ ๐๐๐ฆ๐ข-๐๐๐ฌ๐ก๐๐ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ :
โฆ Combines elements of both dry and wet processing.
โฆ Cherries are pulped, but some mucilage is left on during drying.
โฆ Results in a balanced flavor with some body and brightness.
๐ก ๐๐จ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ฏ๐๐ฅ๐ฌ:
โฆ ๐๐ข๐ ๐ก๐ญ ๐๐จ๐๐ฌ๐ญ:
โฆ Light brown in color, no oil on the surface.
โฆ Retains most of the original flavors of the bean.
โฆ Higher acidity, lighter body.
โฆ ๐๐๐๐ข๐ฎ๐ฆ ๐๐จ๐๐ฌ๐ญ:
โฆ Medium brown color, balanced flavor.
โฆ Some oil may be present on the surface.
โฆ Balanced acidity and body.
โฆ ๐๐๐ซ๐ค ๐๐จ๐๐ฌ๐ญ:
โฆ Dark brown to almost black, with an oily surface.
โฆ Stronger, more pronounced roast flavor.
โฆ Lower acidity, heavier body.
๐ก ๐๐๐๐ฅ๐ญ๐ก ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐จ๐ ๐๐จ๐๐๐๐:
โฆ ๐๐ข๐๐ก ๐ข๐ง ๐๐ง๐ญ๐ข๐จ๐ฑ๐ข๐๐๐ง๐ญ๐ฌ:
Contains antioxidants that help combat free radicals in the body.
โฆ ๐๐ฆ๐ฉ๐ซ๐จ๐ฏ๐๐ ๐๐จ๐ ๐ง๐ข๐ญ๐ข๐ฏ๐ ๐
๐ฎ๐ง๐๐ญ๐ข๐จ๐ง:
Caffeine can enhance alertness, concentration, and cognitive function.
โฆ ๐๐๐๐ฎ๐๐๐ ๐๐ข๐ฌ๐ค ๐จ๐ ๐๐๐ซ๐ญ๐๐ข๐ง ๐๐ข๐ฌ๐๐๐ฌ๐๐ฌ:
Studies suggest that coffee consumption may lower the risk of diseases like Parkinson's, Alzheimer's, type 2 diabetes, and certain types of cancer.
โฆ ๐๐ง๐ก๐๐ง๐๐๐ ๐๐ก๐ฒ๐ฌ๐ข๐๐๐ฅ ๐๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐:
Caffeine increases adrenaline levels, which can improve physical performance.
๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
โฆ ๐๐ฉ๐๐๐ข๐๐ฅ๐ญ๐ฒ ๐๐จ๐๐๐๐:
Increasing demand for high-quality, single-origin coffee with unique flavor profiles.
โฆ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐ ๐๐ญ๐ก๐ข๐๐๐ฅ ๐๐จ๐ฎ๐ซ๐๐ข๐ง๐ :
Growing consumer preference for ethically sourced and sustainably grown coffee. Certifications like Fair Trade, Rainforest Alliance, and Organic are becoming more important.
โฆ ๐๐จ๐ง๐ฏ๐๐ง๐ข๐๐ง๐๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ:
Rise in popularity of convenient coffee products such as single-serve pods, cold brew, and ready-to-drink coffee beverages.
โฆ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ:
Advances in brewing technology, such as smart coffee makers and precision grinders, are enhancing the coffee experience.
โฆ ๐๐๐๐ฅ๐ญ๐ก-๐๐จ๐ง๐ฌ๐๐ข๐จ๐ฎ๐ฌ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐ฉ๐ญ๐ข๐จ๐ง:
Increased interest in health benefits and functional coffee products, including those with added nutrients or adaptogens.
๐ก ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ:
โฆ ๐๐ฅ๐ข๐ฆ๐๐ญ๐ ๐๐ก๐๐ง๐ ๐:
Affects coffee-growing regions, impacting yield and quality. Higher temperatures and changing weather patterns can lead to increased pest and disease outbreaks.
โฆ ๐๐ซ๐ข๐๐ ๐๐จ๐ฅ๐๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ:
Coffee prices are subject to fluctuations due to factors like weather conditions, geopolitical issues, and market speculation.
โฆ ๐๐๐๐จ๐ซ ๐๐ซ๐๐๐ญ๐ข๐๐๐ฌ:
Addressing fair wages and working conditions for coffee farmers is an ongoing concern.
Coffee beans are a crucial commodity with a rich history and significant cultural importance worldwide. The industry continues to evolve, driven by consumer preferences for quality, sustainability, and convenience. Addressing challenges such as climate change and ethical sourcing is vital for the future of coffee production. If you have any specific questions or need more detailed information, feel free to ask!
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ : https://www.alliedmarketresearch.com/purchase-enquiry/4671
The usage of coffee beans in pharmaceutical industry is augmenting the global coffee beans market. The health-benefits associated with coffee beans in form of dietary supplements has given rise to its consumption. Green coffee beans extracts have a higher level of chlorogenic acid as compared to other roasted and regular coffee beans because green coffee beans are not roasted. Thus, the adoption of green coffee beans in form of weight loss supplements has been widely observed among consumers.
The European consumers prefer high-value specialty coffee that offer a unique experience and are knowledgeable about coffee varieties. In addition, increase in health consciousness of the young population boosts the adoption of black coffee, which drives the market growth. This further offers opportunities for coffee beans suppliers to provide unique blends, flavors, and ready-to-drink coffee.
LAMEA is one of the emerging regions in terms of coffee consumption, as Brazil, South Africa, Saudi Arabia, and Turkey offer potential opportunities for the coffee beans market. New product offerings and flavor differentiation are the key strategies adopted by manufacturers to increase their market share. Furthermore, manufactures have introduced promotional pricing strategies to increase their sales. Moreover, introduction of appealing packaging and new flavors combined with campaigns through social events and networks a fuel the growth of the market.
The impact of competitive rivalry in the global coffee beans market is moderate because of large number of players, moderate strategies adopted by operating companies, high innovation pursued, and higher growth rate in the global market. Major players in the global coffee beans market are focusing on new product development to gain a strong foothold in the market.
ยซ ยป ๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐๐๐๐ ๐๐๐๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ:
๐กIn terms of value, the arabica caf beans generated the maximum revenue in 2017 and is expected to grow at a CAGR of 5.5% during the forecast period.
๐กThe pharmaceutical industry is likely to grow at the fastest rate at a CAGR of 6.9% by 2024.
๐กEurope is expected to dominate the market, registering the CAGR of 5.4% in terms of value.
๐กAsia-Pacific is projected to show exponential growth in demand throughout 2024, growing at a CAGR 7.6% of in terms of value.
๐กIndia and China are expected to witness considerably high growth rates at a CAGR of 10.9% and 9.0% respectively, during the forecast period.
๐๐๐๐ค๐ ๐ ๐๐ข๐ซ๐๐๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ : https://www.alliedmarketresearch.com/coffee-beans-market/purchase-options
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
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Prashant.Shete@alliedanalytics.com
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