Decaffeinated Roasted Coffee Market Outlook 2024-2033: Growth Potential, Drivers And Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The decaffeinated roasted coffee market has seen substantial growth in recent years, with a notable increase from $2.63 billion in 2023 to $2.82 billion in 2024, marking a compound annual growth rate (CAGR) of 7.4%.
Factors Driving Growth
- Increased awareness of caffeine sensitivity
- Expanding market for specialty coffee
- Demand for diverse coffee options
- Consumer preference for premium products
- Marketing strategies emphasizing health benefits
Future Projections
The market is poised for further expansion, with projections indicating growth to $3.64 billion in 2028, at a CAGR of 6.6%.
Trends in the Forecast Period
- Continued health and wellness focus
- Innovation in decaffeination processes
- Rise in specialty coffee popularity
- Growing interest in sustainable coffee
- Expansion of the market for functional beverages
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Rising Awareness Of Caffeine’s Health Risks Boosts Decaffeinated Roasted Coffee Market Growth
Caffeine Awareness
The increasing awareness of the health risks associated with caffeine consumption is a significant driver for the decaffeinated roasted coffee market.
Health Benefits
Studies, like one conducted by the University of South Australia, indicate potential health benefits of decaffeinated coffee in reducing the risk of heart disease.
Innovative CBD-Infused Decaffeinated Roasts
Product Innovations
Major companies are introducing innovative products to meet evolving consumer preferences, such as CBD-infused decaffeinated coffees.
Market Examples
Brewpoint Coffee’s CBD-infused offerings, such as “Over the Moon,” cater to consumers seeking unique flavor experiences.
Westrock Coffee Company Acquires Bixby Roasting Co To Enhance Presence In Decaffeinated Coffee Market
Market Expansion Strategies
In February 2023, Westrock Coffee Company’s acquisition of Bixby Roasting Co demonstrates the industry’s strategic moves to enhance market presence.
Geographic Expansion
This acquisition enables Westrock to broaden its reach in newer geographies and adapt to changing consumer demands.
Market Segmentation
Forms
- Whole
- Ground
- Other Forms
Distribution Channels
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Other Distribution Channels
End Use
- Retail/Household
- Foodservice
Regional Insights
Europe’s Dominance
Europe emerged as the largest region in the decaffeinated roasted coffee market in 2023, showcasing the region’s significant market share and potential for growth.
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The Decaffeinated Roasted Coffee Global Market Report 2024 provides comprehensive insights on the decaffeinated roasted coffee market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the decaffeinated roasted coffee market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
View More Related Reports –
Roasted Coffee Global Market Report 2024
Caffeinated Roasted Coffee Global Market Report 2024
Coffee Global Market Report 2024
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