Coffee Concentrates Market Size To Reach $3.47 Billion By 2030

Coffee Concentrates Market Growth & Trends

The global coffee concentrates market size is estimated to reach USD 3.47 billion in 2030 and is anticipated to expand at a CAGR of 6.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. One of the major driving factors is the increasing popularity of ready-to-drink coffee products. Busy professionals and consumers are seeking convenient and time-saving caffeine options that fit into their fast-paced lifestyles. Coffee concentrates offer a quick solution, allowing users to easily mix concentrated coffee with water or milk to enjoy a flavorful beverage without the need for extensive preparation. This convenience aligns well with the on-the-go lifestyle of many consumers, making coffee concentrates an attractive choice.

Additionally, the growing awareness of health benefits associated with coffee consumption is contributing to the rise in demand for coffee concentrates. Many consumers perceive organic and concentrated coffee products as healthier alternatives due to their reduced chemical residues from synthetic pesticides and fertilizers. This perception is further supported by research indicating that coffee consumption may lower the risk of certain health issues, such as type 2 diabetes and depression, thus appealing to health-conscious consumers. Urbanization also plays a significant role in the increasing consumption of coffee concentrates. As cities expand and lifestyles become busier, there is a greater demand for convenient food and beverage options. The expansion of multinational retail brands offering diverse coffee concentrate products has made these beverages more accessible to consumers, further driving market growth.

Technological advancements in brewing and processing methods have also enhanced the appeal of coffee concentrates. Improved extraction techniques and preservation processes ensure that these products maintain their quality and freshness, making them more desirable to consumers. The versatility of coffee concentrates allows for customization in caffeine intake, catering to varying preferences and consumption habits. Moreover, the rise of e-commerce has facilitated easier access to a wide range of coffee concentrate products. Online shopping provides consumers with the opportunity to explore different brands and flavors without geographical limitations, contributing to increased market penetration.

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Coffee Concentrates Market Report Highlights

• Based on region, Europe is expected to grow with a CAGR of 7.4% over the forecast period from 2024 to 2030. Coffee concentrates are often used in cold brew coffee, which has gained significant popularity across Europe. Cold brew’s smooth taste and lower acidity appeal to younger consumers and health-conscious individuals.Many coffee concentrates are seen as more environmentally friendly due to reduced packaging waste and a longer shelf life compared to traditional coffee formats, making them attractive to eco-conscious consumers in Europe.

• Based on type, decaffeinated coffee concentrates are expected to growth with a CAGR of 7.1% from 2024 to 2030. Many consumers prefer to enjoy coffee throughout the day without disrupting their sleep patterns. Decaffeinated coffee concentrates provide an easy solution for enjoying coffee-like beverages at any time, making them ideal for those who want to indulge without the risk of insomnia.

• Based on packaging, canned coffee concentrates is expected to growth with a CAGR of 7.1% from 2024 to 2030. The canned coffee market is seeing a surge in innovative flavors and formulations, including unique blends and functional additives like protein or adaptogens. This variety attracts a broader audience and encourages experimentation among consumers looking for new coffee experiences.

• Based on distribution channel, sales through B2C channels are expected to grow at a CAGR of 7.1% from 2024 to 2030. Consumers prefer to buy smaller quantities when trying new products or flavors. B2C channels provide the flexibility to purchase single bottles or cans, making it easier for individuals to sample different coffee concentrates without committing to larger bulk orders.

Coffee Concentrates Market Segmentation

Grand View Research has segmented the global coffee concentrates market on the basis of type, packaging, distribution channel, and region:

Coffee ConcentratesType Outlook (Revenue, USD Million, 2018 - 2030)

• Caffeinated

• Decaffeinated

Coffee ConcentratesPackaging Outlook (Revenue, USD Million, 2018 - 2030)

• Bottles

• Cans

• Pouches

• Others

Coffee ConcentratesDistribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• B2B

• B2C

  • Supermarkets & hypermarkets

  • Specialty Stores

  • Online

  • Others

Coffee ConcentratesRegional Outlook (Revenue, USD Million; 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • France

  • Germany

  • Spain

  • Italy

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia & New Zealand

• Central & South America

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players in the Coffee Concentrates Market

• Allegro Coffee Company

• Jim’s Coffee Concentrates

• Counter Culture Coffee

• Death Wish Coffee Co.

• Starbucks Corporation

• Wandering Bear Coffee

• The J.M. Smucker Company

• Keurig Dr Pepper Inc.

• Nestlé S.A.

• Grady’s Cold Brew