Global Green Coffee Market

Global Green Coffee Market Size, Share, Growth Analysis, By Type(Arabica and Robusta), By Application(Retail and Commercial), By Distribution channel(Direct Sales and Indirect Sales) - Industry Forecast 2024-2031


Report ID: SQMIG30G2035 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 84 | Figures: 76

Global Green Coffee Market Insights

Global Green Coffee Market size was valued at USD 36.2 billion in 2022 and is poised to grow from USD 37.99 billion in 2023 to USD 55.92 billion by 2031, growing at a CAGR of 4.95% in the forecast period (2024-2031).

The global green coffee market is projected to witness a significant surge in demand in the coming years. This increased demand can be attributed to the numerous potential health benefits associated with green coffee, including weight loss assistance, blood pressure control, and cholesterol level regulation for individuals with diabetes. Additionally, the market has been fueled by the growing preference for plant-based dietary options and the rising appreciation for specialty coffee varieties. As consumers become more conscious about their health and seek unique, natural, and sustainable choices, green coffee has emerged as a favored option due to its multifaceted advantages. Green coffee contains chlorogenic acid content and antioxidants, which contribute to its ability to help manage diabetes, obesity, and cardiovascular diseases. The modern consumer base is increasingly shifting toward healthier alternatives.

According to a March 2022 article by the World Health Organization, the global obesity rate exceeded one billion people, with an estimated 167 million individuals, both adults and children, projected to become obese in the future. Moreover, the International Diabetic Federation (IDF) predicts that approximately 537 million people aged 20-79 will have diabetes, with numbers expected to reach 643 million by 2030 and 783 million by 2045. Consequently, the growing prevalence of various lifestyle disorders and the potential of green coffee to address them are significant factors that will drive market growth in the upcoming years. Furthermore, the rising popularity of specialty coffee among millennials has contributed to the high demand for green coffee. The younger generation considers specialty coffee to be a premium and healthier product, leading market players to expand their product offerings.

The market growth can also be attributed to the increased demand for Arabica coffee, known for its superior quality and diverse flavors. Arabica coffee, which accounts for approximately 58% of total production, offers a variety of taste profiles, including fruity, sweet, and berry notes. According to a 2021 report by the International Coffee Organization, Arabica and Robusta are the two primary coffee species that have traditionally dominated the global market, with Arabica holding a 58% share and Robusta comprising 42%. Furthermore, market expansion is expected to be accelerated by initiatives from public and private organizations involved in coffee production and export. For example, the Government of India launched the Integrated Coffee Development Project Scheme (ICDP) in September 2019, aimed at improving coffee varieties, enhancing production, providing research and development support to coffee producers, and strengthening the domestic market. The platform aims to address poverty among smallholder coffee farmers and promote sustainability while upholding high environmental, social, and governance standards. Technological advancements and support from governmental entities can further bolster market growth.

US Green Coffee Market is poised to grow at sustainable CAGR for the next forecast year

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Global Green Coffee Market size was valued at USD 36.2 billion in 2022 and is poised to grow from USD 37.99 billion in 2023 to USD 55.92 billion by 2031, growing at a CAGR of 4.95% in the forecast period (2024-2031).

The global green coffee market is characterized by the presence of numerous players, including both regional and international companies. Market participants are focusing on expanding their product portfolios, improving product quality, and adopting sustainable farming practices. Strategies such as mergers and acquisitions, partnerships, and collaborations are commonly observed in the market. Additionally, companies are investing in research and development activities to develop innovative green coffee products. Competitive rivalry is expected to intensify as market players aim to gain a larger market share and capitalize on the growing demand for green coffee. 'Nestlé (Switzerland)', 'J.M. Smucker Company (US)', 'Luigi Lavazza S.p.A. (Italy)', 'Tata Global Beverages Limited (India)', 'Strauss Group Ltd. (Israel)', 'Tchibo GmbH (Germany)', 'Eight O'Clock Coffee Company (US)', 'Keurig Dr Pepper Inc. (US)', 'Starbucks Corporation (US)', 'Illycaffè S.p.A. (Italy)', 'Dunkin' Brands Group, Inc. (US)', 'The Coca-Cola Company (US)', 'Peet's Coffee & Tea, Inc. (US)', 'Lavazza Professional (UK)', 'Melitta Group (Germany)', 'Coffee Beanery (US)', 'D.E. Master Blenders (Netherlands)', 'Massimo Zanetti Beverage Group (Italy)', 'Jacobs Douwe Egberts (Netherlands)', 'Costa Coffee (UK)'

One of the key drivers for the growth of the global green coffee market is the increasing prevalence of lifestyle disorders such as obesity, diabetes, and cardiovascular diseases. With the alarming rise in obesity rates and the number of individuals with diabetes projected to reach staggering figures, the potential health benefits of green coffee in managing these conditions have garnered significant attention. As a result, the demand for green coffee as a natural and beneficial dietary option is expected to witness substantial growth in the coming years.

One key market trend in the global green coffee industry is the increasing consumer preference for organic and sustainable coffee products. With growing environmental consciousness and concerns about the impact of conventional farming practices, consumers are seeking coffee that is produced using sustainable methods, such as organic farming, fair trade practices, and environmentally friendly processing. This trend has led to a rise in the availability of certified organic green coffee beans and an emphasis on eco-friendly packaging. Market players are responding by incorporating sustainability practices into their supply chains to meet the evolving consumer demand.

The dominating region in the global green coffee market is Latin America, particularly Brazil. Brazil is the largest producer and exporter of green coffee worldwide. The country benefits from favorable climatic conditions and vast agricultural land, making it an ideal region for coffee cultivation. Brazilian green coffee is highly sought after due to its quality and taste profiles, with Arabica being the predominant coffee variety produced. The region's dominance can be attributed to its well-established coffee industry infrastructure, technological advancements in farming practices, and extensive experience in coffee cultivation.

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Global Green Coffee Market

Product ID: SQMIG30G2035

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