Claim 30% Off Global Market Reports With Code ONLINE30 – Insights on Tariff Effects, Global Trade, and Industry Disruptors

Claim 30% Off Global Market Reports With Code ONLINE30 – Insights on Tariff Effects, Global Trade, and Industry Disruptors

How Big Is The Coffee And Tea Market Today And What Is Its Future Size?

In recent times, the coffee and tea market has been witnessing a robust growth. This market, which was worth $119.99 billion in 2024, is projected to surge to $126.48 billion in 2025, boasting a compound annual growth rate (CAGR) of 5.4%. The impressive historical growth can be traced back to heightened consumption of coffee and tea, a rising interest in ready-to-drink (RTD) beverages, and government-led initiatives.

In the coming years, the coffee and tea market is predicted to witness significant expansion. It’s forecasted to reach “$158.57 billion by 2029, with a compound annual growth rate (CAGR) of 5.8%. The surge during the forecast period can be linked to rising investments, the growing appeal of coffee among millennials, and a surge in the number of coffee shops. Key trends within the forecast period will center on premium products, production of organic products, the use of blockchain technology, and the introduction of artificial intelligence to enhance product quality.

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What Drivers Are Accelerating Expansion Of The Coffee And Tea Market?

The rise in preference for ready-to-drink (RTD) beverages is anticipated to propel the growth of coffee and tea markets in the predicted span of time. RTD beverages, which are single-use drinks packaged for immediate consumption, have been seeing a surge in popularity, particularly among working professionals. This can be attributed to their clear labelling and functionality. Factors like innovative flavor additions to the RTD tea and coffee ranges, its easy portability, and overall convenience are expected to enhance the demand for RTD tea and coffee. For example, in February 2023, Monster Beverage Corporation, an American company that produces energy drinks, reported a 2.6 percent increase in the net sales of its Monster Energy Drinks segment. The sales rose from $1.35 billion in the fourth quarter of 2021 to $1.39 billion in the fourth quarter of 2022. The escalating demand for RTD beverages, which includes RTD coffee and tea, is projected to fuel the progress of the coffee and tea market in the future.

Which Segment Accounts For The Largest Share In The Coffee And Tea Market?

The coffee and teamarket covered in this report is segmented –

1) By Type: Coffee, Tea

2) By Form: Liquid, Powder, Capsules

3) By Packaging: Containers, Bags, And Packets Or Pouches.

4) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce And Other Channels

Subsegments:

1) By Coffee: Ground Coffee, Instant Coffee, Coffee Pods and Capsules, Whole Bean Coffee, Specialty Coffee

2) By Tea: Black Tea, Green Tea, Herbal Tea, Oolong Tea, White Tea, Tea Bags, Loose Leaf Tea

Which Long-Term Trends Will Play A Crucial Role In The Coffee And Tea Market?

There is a growing trend among coffee companies to provide consumers with coffee subscription services. These services, which charge a weekly or monthly fee, deliver coffee products directly to customers’ homes. The main advantage of this system is that it gives consumers the opportunity to try out products from a wider variety of specialty roasters than would be available in even the most coffee-rich areas. Some services provide products from hundreds of different roasters. Another significant benefit of the subscription service is that it guarantees freshness, as delivery usually takes place immediately after roasting, eliminating the time the beans would typically sit on store shelves. Atlas Coffee Club, Driftaway Coffee, Blue Bottle Coffee, JavaPress Coffee, Mistobox, Bean Box, Craft Coffee, and Pact Coffee are among the well-known coffee subscription services.

Which Organizations Are At The Forefront Of The Coffee And Tea Market?

Major companies operating in the coffee and tea market include Nestle S.A., Louis Dreyfus Company B.V., Unilever plc, J.M. Smucker Company, Suntory Holdings Limited, Ito En, Ltd., Uni-President Enterprises Corporation, The Kraft Heinz Company, Tata Consumer Products Limited, CCL Products, Neelamalai Agro, Fukujuen, Harada Seicha, Cantarella Holdings Pty Ltd, Vittoria Food & Beverage, D E Holding Australia Pty Ltd, Caffe Bene, Luckin Coffee, Coffee Box, Pacific Coffee, Javaphile, JAB Holding Company, J Darboven GmbH & Co. KG, Alois Dallmayr KG, Tchibo, Golden Monkey Tea Company Limited, Olam International, Kerry Group plc, Orimi Ukraine, Greenfield, TESS, Java Coffee Company Sp. Z O.O, All4vending, Predom Service Fhu, Lafaye Sp. Z O.O, Serwis Ekspresow Do Kawy, Microcoff / Coffice Sp. Z O.O, Brijoye International Sp. Z O.O, PepsiCo, Mondelez International Inc, ADM, General Mills, Coco-Cola, The Hain Celestial Group, Cafe Arabo, Brazilian Canadian Coffee Co, Casa Fuentes, AVANTCHA Tea, RAW Coffee Company, AL Daria International, Afreeqya Naturally, Joffreys Coffee & Tea Company, & M. Smith (Pty) Ltd, Ethiopian Harrar Coffee, Kenya AA Coffee, Kaldi coffee.

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Which Region Is Forecasted To Lead The Coffee And Tea Market In The Coming Years?

Asia-Pacific was the largest region in the coffee and tea market in 2024. Western Europe was the second-largest region in the coffee and tea market. The regions covered in the coffee and tea market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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