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Roasted Coffee Market Size - Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032

  • Report ID: GMI5462

Roasted Coffee Market Size

Roasted Coffee Market size is anticipated to expand at 5.5% CAGR between 2024 and 2032, as roasting helps unlock the full potential of coffee beans, creating the unique flavor & aroma that coffee enthusiasts enjoy.

As roasting green coffee beans transforms them into brown, the taste of roasted coffee enhances, attracting more customers. The process involves subjecting the beans to high temperatures, inducing significant chemical changes in the beans' composition and achieving the best flavor.

In July 2023, IMA Coffee planned the launch of the Green Coffee Academy, which is designed to cultivate knowledge about green coffee, integrating three educational programs to provide coffee professionals with comprehensive insights into the entire green coffee supply chain – from cultivation in plantations to processing and roasting in plants.

Roasted Coffee Market Trends

The rising consumption of coffee across all age groups due to its numerous health benefits is helping the industry growth. These benefits include a lower risk of developing diabetes, reduced chances of Alzheimer's & Parkinson's diseases, prevention of heart failure, and promotion of liver & stomach health. As a result, coffee has become a popular choice for health-conscious consumers. Furthermore, the preference for coffee over other beverages among the younger generations in emerging countries has fueled the market growth.

A consumer poll conducted by the National Coffee Association (NCA) in the U.S. in March 2022 revealed that daily coffee consumption by the U.S. population had increased by 14% since 2021, reaching 66% of the total population.

Roasted Coffee Market Analysis  

Based on type, the arabica segment is predicted to witness substantial growth through 2032, attributed to its increasing production and consumption. According to the International Coffee Organization's report, the world coffee consumption would continue to record above 3% during 2023-2024. Arabica coffee is highly sought-after and favored by coffee experts and enthusiasts owing to its rich flavor and sweetness. Furthermore, its mild & delicate taste and relatively low caffeine content make it a popular choice among consumers, contributing to the industry demand.

Based on the distribution channel, the roasted coffee industry from the hypermarkets & supermarkets segment will record strong CAGR till 2032, credited to the convenience these stores offer to buyers. These stores have the availability of a diverse range of roasted coffee with varying prices and brands for buyers.

In 2023, North America held the largest revenue share in the roasted coffee market, primarily due to the region's high coffee consumption rate. There is growing interest among consumers for Robusta as well as Arabica coffee, favoring the consumption of roasted coffee. The rising per capita income, evolving coffee preferences, and the surging coffee consumption in the region are expected to drive the market.

Roasted Coffee Market Competitive Landscape

Some of the leading companies involved in the roasted coffee industry include:

  • Tchibo GmbH
  • Massimo Zanetti Beverage Group S.p.A
  • Starbucks Coffee Company
  • Nestle S.A.
  • The J.M Smucker Company
  • Strauss Coffee B.V.
  • JDE Peet's N.V.
  • UCC Ueshima Coffee Co. Ltd
  • Melitta Group

These companies are investing in R&D activities and continuously taking strategic initiatives, such as new product launches, to strengthen their market position.

Roasted Coffee Industry News

  • In March 2022, Massimo Zanetti Beverage USA broadened its presence in Virginia, U.S., to expand its operations and achieve future growth in the area.

What Information does this report contain?

Historical data coverage: 2018 to 2023; Growth Projections: 2024 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market size of roasted coffee crossed USD 42 billion in 2022 and is anticipated to grow at a CAGR of over 5.5% from 2023-2032 owing to increasing consumption of coffee across the globe.

The overall market revenue from arabica roasted coffee could grow considerably through the forecast period owing to its significant global production and consumption.

Hypermarkets & supermarkets accounted for appreciable revenue share owing to the convenience these stores offer to buyers.

North America market size is anticipated to grow substantially driven by rising per capita income, the surging coffee consumption and evolving coffee preferences.

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