Product ID: SQMIG30F2041
Report ID:
SQMIG30F2041 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|
Tables:
61 |
Figures:
75
The largest market, representing more than 35% of global revenue, was Europe. The product's sales in Europe are being boosted by the region's high popularity of coffee and a growing public awareness of the negative effects of caffeine. Around 8% of all coffee consumed in Germany is the decaffeinated variety, according to the International Trade.
From 2022 to 2028, Asia Pacific is anticipated to have the fastest CAGR, at 8.2%. This expansion is ascribed to an increase in health consciousness among people in nations like India, Indonesia, and Japan. The market is seeing significant demand for decaffeinated beverages in Japan in the form of black tea and green tea, therefore the sale is anticipated to rise throughout the forecast period.
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REQUEST FREE CUSTOMIZATIONDecaf Coffee Market size was valued at USD 18.67 billion in 2019 and is poised to grow from USD 19.5 billion in 2023 to USD 28.86 billion by 2031, growing at a CAGR of 4.45% in the forecast period (2024-2031).
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Product ID: SQMIG30F2041