The global cold brew coffee market size is expected to reach USD 1,751.6 million by 2030, registering a CAGR of 19.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Popularity of artisanal and premium products along with changing consumer demands has opened up growth opportunities for the global market. Innovations in RTD coffee category due to rising demand for specialty products is also driving the market.
Along with the original pioneers, such as Stumptown, Grady’s, and Chameleon Cold Brew, many foodservice artisans and craft coffee joints launched cold brew versions, such as Peet’s Coffee and Tea, Dunkin’ Donuts, and Starbucks, thereby spurring the growth of the global market.Company owned stores segment held the largest market share of more than 50% in 2018 due to consumer preference for specialty coffees. For instance, RISE Brewing Co. had remarkable success in establishing a market position through their specialty channels and independent stores.
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Company-owned outlets accounted for the largest market revenue share in 2023. These outlets have the ability to maintain strict control over the brand image, product quality, and customer experience.
Online distribution channel is expected to register the fastest CAGR during the forecast period. Online platforms allow customers to purchase cold brew coffee from the comfort of their homes or workplaces without visiting physical stores.
North America region dominated the market in 2023 with a revenue share of 71.4%. Coffee shops and cafes have become prevalent social hubs where people gather to work, relax, and socialize.
Asia Pacific cold brew coffee market is expected to witness the fastest CAGR over the forecast period. Coffee shops and cafes have become prevalent social hubs where consumers gather to socialize, work, and relax.
Grand View Research has segmented the global cold brew coffee market on the basis of on preparation mode, distribution channel and region:
Cold Brew Coffee Preparation Mode Outlook (Revenue, USD Million, 2018 - 2030)
Drip Coffee Makers
Single Cup Brewers
Cold Brewing
Espresso
Others
Cold Brew Coffee Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Company-owned Outlets
Supermarkets & Hypermarkets
Convenience Stores
Online
Cold Brew Coffee Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
Spain
Poland
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa (MEA)
List of Key Players in the Cold Brew Coffee Market
Starbucks Coffee Company.
Nestlé
Califia Farms, LLC
JAB Holding Company
HighBrewCoffee
Kohana Coffee
La Colombe Coffee Roasters.
RISE Brewing Co..
Heartland Food Products Group.
Sleepy Owl Coffee
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