Global Coffee Market Size & Outlook, 2023-2030

The coffee industry worldwide is expected to reach a projected revenue of US$ 690,085.3 million by 2030. A compound annual growth rate of 5.2% is expected of the worldwide coffee industry from 2024 to 2030.
Revenue, 2023 (US$M)
$483,907.2
Forecast, 2030 (US$M)
$690,085.3
CAGR, 2024 - 2030
5.2%
Report Coverage
Worldwide

Global coffee market highlights

  • The global coffee market generated a revenue of USD 483,907.2 million in 2023 and is expected to reach USD 690,085.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.2% by 2030.
  • In terms of segment, roasted accounted for a revenue of USD 257,481.5 million in 2023.
  • Ready to Drink is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 483,907.2 million
Market revenue in 2030USD 690,085.3 million
Growth rate5.2% (CAGR from 2023 to 2030)
Largest segmentRoasted
Fastest growing segmentReady to Drink
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRoasted, Instant, Ready to Drink

Other key industry trends

  • In terms of revenue, the North America accounted for 20.4% of the global coffee market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Brazil is the fastest growing regional market and is projected to reach USD 83,845.9 million by 2030.

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Coffee Market Companies

Name Profile # Employees HQ Website

Global coffee market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to coffee market will help companies and investors design strategic landscapes.


Roasted was the largest segment with a revenue share of 53.21% in 2023. Horizon Databook has segmented the Global coffee market based on roasted, instant, ready to drink covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Coffee Product Outlook (Revenue, USD Million, 2018-2030)
    • Roasted
      • Roast & Ground
      • Pods & Capsules
      • Whole Beans
    • Instant
    • Ready to Drink
  • Global Coffee Nature Outlook (Revenue, USD Million, 2018-2030)
    • Conventional
    • Organic
  • Global Coffee Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • B2B
      • Cafes & Bars
      • Hotels & Restaurants
      • Workplace
      • Others
    • B2C
      • Hypermarkets & Supermarkets
      • Convenience Stores
      • Specialty Stores
      • Online
      • Others

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Target buyers of Global coffee market databook

  • Our clientele includes a mix of coffee market companies, investment firms, advisory firms & academic institutions.
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  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global coffee market , including forecasts for subscribers. This global databook contains high-level insights into Global coffee market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global coffee market size, by regions, 2018-2030 (US$M)

Top 10 countries: Coffee market size, 2023 (US$M)

Global coffee market share, by product, 2023 & 2030 (%, US$M)

Coffee market: Opportunity assessment by country

Global coffee market, by region, 2023 (US$M)

Global coffee market size, by regions, 2018-2030 (US$M)

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