Market revenue in 2023 | USD 28,008.3 million |
Market revenue in 2030 | USD 38,299.7 million |
Growth rate | 4.6% (CAGR from 2023 to 2030) |
Largest segment | Roasted |
Fastest growing segment | Ready to Drink |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Roasted, Instant, Ready to Drink |
Key market players worldwide | Nestle SA, Starbucks Corp, JDE Peets NV Ordinary Shares, Tchibo Coffee International, Luigi Lavazza, Strauss Group Ltd, JM Smucker Co, Melitta, UCC Ueshima Coffee, Massimo Zanetti Beverage Group |
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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 52.94% in 2023. Horizon Databook has segmented the Middle East & Africa coffee market based on roasted, instant, ready to drink covering the revenue growth of each sub-segment from 2018 to 2030.
Coffee consumption in Africa is extremely concentrated with the top 6 countries including Ethiopia, Algeria, Egypt, Morocco, South Arica, and Tunisia holding 74% of the market share in the region according to statistics published by International Coffee Organization in April 2023.
The consumption of these countries was 9.5 million bags in coffee year 2021-2022 out of the total 13.6 million bags. Coffee consumption in Africa has grown by 2.6% in the year 2021-2022.
Rising to 12.9 million bags, with a sharp 4.3% jump in coffee 2020-2021 according to data published by the International Coffee Organization in April 2023.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa coffee market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa coffee market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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