Green Coffee Market

Green Coffee Market Size Analysis

According to a recent survey conducted by ChemView Consulting, the Global Green Coffee Market grew at a CAGR of 4.2% between 2017-2021 and is estimated to be US$ 31,879.6 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.5% and is expected to reach a valuation of US$ 49,508.0 Mn by 2032 end.

Globally, the industry is expanding significantly. The demand for green coffee beans has greatly expanded due to the popularity of plant-based dietary supplements, functional foods, and beverages. During the projected period, the market expansion is anticipated to be fueled by the increased demand for specialty coffee variants in developing and developed regions.

Market Dynamic

GROWING KNOWLEDGE REGARDING THE HEALTH BENEFITS OF GREEN COFFEE AMONG CONSUMERS TO DRIVE MARKET GROWTH

A significant source of chlorogenic acid, an antioxidant easily absorbed by the body, is found in green coffee beans. The product’s demand has significantly expanded over the past several years due to knowledge of its high antioxidant content. To enhance the nutritional profile of dietary supplements and functional beverages, bean extracts are often used in these products.

Studies have shown that the product’s chlorogenic acid contributes to maintaining normal blood glucose levels. Sales of beverages containing green coffee bean extracts have recently increased across retail locations as most of them make weight loss claims. The market will expand throughout the anticipated period due to rising worries about obesity and lifestyle-related health issues, including diabetes and cardiovascular diseases.

PRICE VOLATILITY OF COFFEE BEANS TO ACT AS A KEY RESTRAINT FOR MARKET GROWTH

Since coffee is one of the most consumed beverages worldwide, it has been the second most traded commodity after oil. The top three countries that import coffee beans worldwide are the United States, the European Union (EU), and Japan. Traditional coffee-importing markets, including the U.S., E.U., and Japan, have seen new trends emerge thanks to specialty, fair-traded, organic, and bird-friendly coffee varietals.

In the last ten years, coffee import values have climbed dramatically by more than 100% in most locations, including the Middle East and Asia Pacific. Due to weather, sickness, and outside shocks, coffee price volatility has increased dramatically.

RISING POPULARITY OF NUTRACEUTICALS & DIETARY SUPPLEMENTS TO DRIVE MARKET GROWTH

Over the past few years, there has been a dramatic movement in consumer purchasing behavior toward choosing healthy product options that have enhanced overall physical fitness. Due to their safer substitutes, consumer interest in food components with functional qualities has significantly increased. The prevalence of lifestyle-related health issues like obesity, diabetes, and cardiovascular diseases has increased due to the current consumer lifestyle.

Consumer interest in nutritional supplements and nutraceuticals to improve health is growing. Plant extracts with active components have increased in popularity in dietary supplements over the past few years due to perceptions that they are healthier and safer. Green coffee bean extracts are now commonly employed in nutraceuticals in powder and liquid form.

Market Segments Covered in Report

By Type:

• Arabica
• Robusta

By End-User:

• Roasted Coffee
• Instant/Soluble Coffee Green
• Coffee Bean Extract

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Why is Roasted Coffee estimated to account for the largest market share?

The increased demand for roasted coffee among consumers primarily drives this market. The most popular finished good is roasted coffee, widely consumed in the United States and Europe. The coffee flavor is retained in roasted coffee, making it high-quality. The rising demand for roasted coffee in the Middle East and Asia Pacific developing regions has been a major factor in the market’s expansion.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

• Over the anticipated timeframe, 34.5% of the market will be dominated by Europe. With customers becoming more health conscious, raw coffee beans are in high demand in European nations for roasted and instant coffee use. These extracts are widely used to produce sports drinks and functional beverages. The market is growing due to the increased promotion of these beverages in gyms and fitness facilities.
• The market is expanding rapidly in North America due to the increased demand for dietary supplements made from plants and nutraceuticals. The fitness industry requires green coffee bean extract to provide enriched and functional meals and beverages. The region’s widespread consumption of roasted ground coffee increases the need for raw coffee beans for additional coffee processing. To further drive market expansion in the area, major companies like Starbucks Corporation are investing in creating cutting-edge products.

Competition Analysis

These actions have enabled market participants to increase their clientele and revenue. With the increasing demand for green coffee worldwide, the market players can anticipate attractive future growth prospects.

Some of the key developments that have taken place in the Green Coffee Market include the following:

• In March 2019, QNet, a well-known coffee business, introduced Nutriplus Cafe, a premium coffee blend with soluble fiber Nutriose that promotes energy release while improving bowel movements.
• In October 2017, Taiyo International Inc. released a functional whole green coffee powder made from raw coffee beans that helps to lower and maintain blood sugar levels while enhancing mental focus and attention.

A list of some of the key suppliers present in the market are:

• 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
• Group MAGNUS BRAZIL-The Green Coffee Brazil
• WS Cafe

Report Coverage and Highlights

• Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
• Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
• The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
• Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
• Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
• Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
• Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
• Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
• Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
• Strategic market analysis, recommendations, and future headways on crucial winning strategies.