Global Green Coffee Market - 2023-2030
Market OverviewThe global green coffee market reached US$ 2,103.2 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 15,167.3 million by 2030. The market is expected to exhibit a CAGR of 4.1% during the forecast period (2023-2030). Green coffee beans are regular coffee beans that haven't been roasted and are still in their unroasted state. However, green coffee can also be bought in whole-bean form and used to make a hot beverage, much like roasted coffee, in addition to their extract being well-liked as a dietary supplement.
Market DynamicsThe growing popularity of coffee in several developed nations promotes the market growth
The market's expansion is significantly influenced by the rising demand for green coffee in Asian nations. The rising aging population in the area has had a significant impact on the consumption of nutraceuticals and dietary supplements, which is supporting the rising demand for coffee bean extracts. Due to the increasing trend of eating out and consuming western food and beverages, millennials in the area would drink more coffee. In the upcoming years, the regional market expansion is probably going to be fueled by the rise in the popularity of instant beverages during the pandemic.
Growing adoption of nutritional supplements promotes market growth
The growing health consciousness to meet specific needs related to the high rates of obesity, diabetes, and cardiovascular disease, as well as the growing popularity of green coffee are expected to drive growth of the green coffee market. Recently, there has been a noticeable shift in consumer purchasing behavior towards nutrient-dense product categories that enhance overall physical wellness. The green coffee bean's natural detoxifying properties help the body get rid of toxins, pollutants, extra fat, and cholesterol. Antioxidants and essential nutrients are present in it, shielding the body from free radical damage. These trends are expected to drive the market growth over the forecast period.
COVID-19 Impact AnalysisThe COVID-19 analysis includes Pre-COVID Scenario, COVID Scenario, and Post-COVID Scenario along with pricing dynamics (including pricing change during and post-pandemic comparing it to pre-COVID scenarios), demand-supply spectrum (shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), government initiatives (initiatives to revive market, sector or industry by government bodies) and manufacturers strategic initiatives (what manufacturers did to mitigate the COVID issues will be covered here).
Segment AnalysisThe global green coffee market is segmented based on type, end product, and region.
Increased demand for roasted coffee due to its qualitative processing
The roasted coffee segment held the largest global green coffee market share in 2022 due to its popularity and high consumption in Europe and North America. The aroma is enhanced and the majority of the coffee flavor is preserved during roasting. The segment has expected to grow as a result of the expanding use of devices by food manufacturers and the rising integration of cutting-edge technology in coffee roaster equipment.
Geographical AnalysisIncreased demand for coffee beans in Europe is associated with the wide consumption in of beverages
Europe was the dominant region in the global green coffee market in 2022. green coffee market is expected to hold dominant position over the forecast period. Raw coffee beans are in high demand in European nations for use in roasted and instant coffee with consumers becoming more health conscious. These extracts are widely used in the production of sports drinks and functional beverages. The market is expanding due to the increased promotion of these drinks in fitness facilities and gyms. The increased demand for specialty coffee in Italy, Germany, and Spain will improve the outlook for the region.
Competitive LandscapeThe major players in the global green market in the market include The Hamburg Coffee Company, Neumann Kaffee Gruppe, Merchants of Green Coffee, Belco S.A., Starbucks Corporation, Nordic Approach S.A., Golden Bean Trade, Atlantica Coffee, Green Coffee Brazil, and WS Cafe.
Why Purchase the Report?• To visualize the global green coffee market segmentation based on type, end product, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of green coffee market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The global green coffee market report would provide approximately 53 tables, 46 figures, and 99 Pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies