Market revenue in 2023 | USD 480.7 million |
Market revenue in 2030 | USD 695.2 million |
Growth rate | 5.4% (CAGR from 2023 to 2030) |
Largest segment | Arabica |
Fastest growing segment | Robusta |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Arabica, Robusta |
Key market players worldwide | Nestle SA, Starbucks Corp, JDE Peets NV ADR, Strauss Group Ltd, JM Smucker Co, AWAK Technologies, Second Sight Systems, HDT Global, Touch Bionics, Neurotron Biotechnology, Retina Implant, Rex Bionics, Tchibo Coffee International, Luigi Lavazza, Melitta, 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 roasted coffee market will help companies and investors design strategic landscapes.
Arabica was the largest segment with a revenue share of 56.96% in 2023. Horizon Databook has segmented the Ethiopia roasted coffee market based on arabica, robusta covering the revenue growth of each sub-segment from 2018 to 2030.
Ethiopia is a prominent global coffee producer as well as consumer. Ethiopia's urban centers are witnessing rapid urbanization and modernization, leading to a shift in lifestyle and consumer preferences.
This shift of people to urban areas is increasing the demand for roasted coffee consumption in the country. Ethiopia has a large youth population that is increasingly open to trying new experiences. This includes exploring different coffee varieties, brewing methods, and roasted coffee options, creating a market for innovative coffee products.
According to the USDA, 50-55% of Ethiopia’s coffee production is consumed domestically. Although the roasted coffee market in Ethiopia is considerably low as compared to other countries globally, it is anticipated to show growing trends during the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Ethiopia roasted coffee market , including forecasts for subscribers. This country databook contains high-level insights into Ethiopia roasted coffee market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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