The latest research study “Coffee Beans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global coffee beans market size reached a value of US$ 28.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 42.26 Billion by 2027, exhibiting a CAGR of 6.30% during 2022-2027.
What is Coffee Beans? How Big is Coffee Beans Market?
Coffee beans are tropical plant seeds that are dried, roasted, and processed to form coffee granules and powder to use as a beverage. Some commonly available coffee beans include Exelsa, Liberica, Arabica, and Robusta. They are widely used in muffins, cookies, chocolates, body scrubs, and cakes. They contain antioxidants and exhibit anti-inflammatory properties, which protect against numerous diseases, help reduce the risk of diabetes, skin cancer, and Parkinson’s, boost the immune system, burn fat, combat inflammation, and improve energy and mood. As a result, coffee beans are extensively adopted in several sectors, including cosmetics, pharmaceuticals, food, and beverages (F&B).
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Coffee Beans Market Trends and Drivers:
The market is primarily driven by the expanding food and beverage (F&B) industry across the globe. Coffee beans are commonly used in hot and cold beverages served across numerous coffee shops. In addition, the growing popularity of several franchises, such as Starbucks and Cafe Coffee Day (CCD), is contributing to the market growth.
Moreover, the increasing consumption of coffee by individuals owing to the presence of essential minerals, vitamins, and antioxidant properties that provide several health benefits, is providing a positive thrust to the market growth. Furthermore, the market is also propelled by rising health awareness amongst consumers and the shifting inclination toward organic coffee, grown under natural conditions and free of artificial fertilizers and pesticides.
Other factors, including the rising promotional activities on e-commerce platforms, the increasing expenditure capacities of consumers, and the escalating product demand in the pharmaceutical industry, are creating a positive market outlook across the globe.
| Coffee Beans Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2021 | US$ 28.9 Billion |
| Market forecast in 2027 | US$ 42.26 Billion |
| Growth Rate | CAGR of 6.30% from 2022 to 2027 |
| Base year for estimation | 2021 |
| Historical data | 2016-2021 |
| Forecast period | 2022-2027 |
Global Coffee Beans Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Coffee Beans Companies:
Backyard Beans Coffee Company
Caribou Coffee Company Inc.
Coffee Bean Direct LLC
Death Wish Coffee Co.
Gold Coffee Company
Hawaiian Isles Kona Coffee Co.
illycaffè S.p.A.
La Colombe Coffee Roasters
Luigi Lavazza S.p.A.
Starbucks Coffee Company (NASDAQ: SBUX)
The Coffee Bean Company
The East India Company Ltd
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The report has segmented the market on the basis of region, product, distribution channel and end user.
Breakup by Product:
- Arabica
- Robusta
- Others
Breakup by Distribution Channel:
- Online
- Offline
Breakup by End User:
- Personal Care
- Food and Beverages
- Pharmaceutical
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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