Asia-Pacific Cold Brew Coffee Market Databank
The Cold Brew Coffee market was valued at $520.7 Million in 2020, and is projected to reach $1,023.9 Million by 2029 growing at a CAGR of 7.85% from 2021 to 2029. Supermarkets & Hypermarkets segment is expected to be the highest contributor to this market, with $327.9 Million in 2020, and is anticipated to reach $649.4 Million by 2029, registering a CAGR of 7.93%. Supermarkets & Hypermarkets and Company Owned Outlets segments collectively expected to account for about 83.8% share of the Cold Brew Coffee market in 2020, with the former constituting around 63.0% share. Supermarkets & Hypermarkets and Convenience Stores segments are expected to witness significant growth rates at a CAGR of 7.93% and 7.91% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 74.6% in the overall Cold Brew Coffee market in 2020, and is anticipated to reach 75.1% by 2029.
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