Global Cold-Brew Coffee Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Cold-Brew Coffee Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Cold-Brew Coffee market finds that the global Cold-Brew Coffee market reached a value of USD 1188.04 million in 2022. It’s expected that the market will achieve USD 3217.74 million by 2028, exhibiting a CAGR of 18.06% during the forecast period.

Drivers

Cold-Brew coffee is made by immersing coffee beans in cold water for at least 12 hours, so that small flavor substances can be extracted, thus removing bitter taste and extracting coffee liquor with softer and slightly sweet taste. It has lower acidity and silky taste, and lower calorie and sugar content. With the replacement of consumers, the Millennium generation has become the main consumer force and is willing to try new products, which makes Cold-Brew coffee have a lot of room to stretch.

Restraints

However, health awareness of caffeine, lack of consumer engagement in home cold brew, availability of alternative products such as tea, other beverages coupled with consumers prefer to buy it as occasional treat which may limit the growth of the cold brew coffee market during the forecast the period.

Opportunities

Expanding consumer preference for unique coffee beverages, the rise in coffee consumption in developing countries, rapid urbanization, increasing demand for Cold-Brew, and growing distribution channel by prominent players are some of the primary factors driving the growth of the global cold brew and hot brew coffee market.

Asia Pacific has emerged as a major revenue contributor to the global coffee market, supported by increased out of home coffee consuming population and increased revenue generated by supply of coffee products via online medium & shipments by various Asia Pacific coffee producing countries including India, Malaysia, Vietnam & Philippines.

What is more, the consumers are shifting towards Cold-Brew coffee owing to its smoother, less acidic taste, naturally sweeter, and fruitier flavor. Moreover, the coffee shops are benefiting from inclining consumers interest in premium ready-to-drink coffee, cold brew, albeit pricier, and specialty coffee beverages. Today, more Cold-Brew coffee filled with nitrogen have entered the market as manufacturers are developing innovative packaging to package the premium coffee beverage.

Region Overview:

From 2023-2028, United States is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Shaanxi Construction Machinery Co., Ltd., Arcomet and NFT Europe with the revenue market share of 16.49%, 13.91% and 8.17% in 2018.

Nestlé S.A., together with its subsidiaries, operates as a food and beverage company. The company operates through Zone Europe, Middle East and North Africa; Zone Americas; Zone Asia, Oceania and sub-Saharan Africa; and Nestlé Waters segments. It offers baby foods under the Cerelac, Gerber, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Poland Spring, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Nestle L’atelier, Nestle Toll House, Milkybar, Smarties, Quality Street, Aero, Garoto, Orion, and Cailler brands. The company also provides coffee products under the Nescafé original, Nespresso, Nescafé Dolce Gusto, Nescafé, Nescafé Original 3 in 1, Coffee-Mate, Nescafé Gold, and Nescafé Cappuccino brands; culinary, chilled, and frozen foods under the Maggi, Hot Pockets, Stouffer's, Thomy, Jacks, TombStone, Buitoni, DiGiorno, and Lean Cuisine brands; dairy products under the Carnation, Nido, Coffee-Mate.

Califia Farms is returning food to its original, nourishing purpose. Califia Farms apply creativity and innovation to craft a wide assortment of delicious plant-based products including plant milks, dairy free creamers, cold brew coffees, probiotic dairy free yogurts and citrus juice. Made with real ingredients, Califia is committed to reducing sugar. In fact, Califia has reduced sugar by 57% since 2014 through new unsweetened offerings and lowering sugar in existing products. All this packaged in our signature, curvy bottles.

Segmentation Overview:

Among different product types, Original segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Hypermarkets/Supermarkets segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Cold-Brew Coffee market covered in Chapter 3:

Red Thread Good
Villa Myriam
Julius Meinl
Secret Squirrel
JAB Holding Company
Califia Farms
KonaRed
Venice
Seaworth Coffee Co
Groundwork
Starbucks
High Brew
STATION
La Colombe
Slingshot Coffee Co
Caveman
Sandows
Nestlé
Lucky Jack
Grady’s
1degreeC
ZoZozial

In Chapter 4 and Chapter 14.2, on the basis of types, the Cold-Brew Coffee market from 2018 to 2029 is primarily split into:

Original
Flavored

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Cold-Brew Coffee market from 2018 to 2029 covers:

Hypermarkets/Supermarkets
Independent Coffee Shops
Specialty Coffee Shops
Retail Stores
Online Retail

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)