Roasted Coffee Market Updates

Global Roasted Coffee Market size was valued at USD 44.97 billion in 2023 and is poised to grow from USD 47.58 billion in 2024 to USD 74.7 billion by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032). 

The major players in the market are taking a variety of actions to strengthen their position in the industry. These actions involve techniques like joint ventures, mergers and acquisitions, the creation and introduction of new products, international expansion, and others. 'Starbucks Corporation (United States) ', 'Nestle S.A. (Switzerland) ', 'The J.M. Smucker Company (United States) ', 'Keurig Dr Pepper Inc. (United States) ', 'Restaurant Brands International Inc. (Canada) ', 'JDE Peet's N.V. (Netherlands) ', 'Dunkin' Brands Group, Inc. (United States) ', 'Tata Consumer Products Limited (India) ', 'Massimo Zanetti Beverage Group S.p.A. (Italy) ', 'Lavazza Group (Italy) ', 'Coffee Holding Co., Inc. (United States) ', 'Farmer Bros. Co. (United States) ', 'Diedrich Coffee, Inc. (United States) ', 'Caribou Coffee Company, Inc. (United States) ', 'McDonald's Corporation (United States) ', 'Whitbread PLC (United Kingdom) '

The growing preference for premium and specialty coffee among consumers is driving the growth of the roasted coffee market. Consumers are willing to pay a premium for high-quality coffee that is sustainably sourced, roasted to perfection, and brewed to their taste.

Rising Demand for Specialty Coffee: Specialty coffee is becoming increasingly popular among consumers, and this trend is expected to continue in the coming years. Consumers are willing to pay a premium for high-quality coffee that is sustainably sourced, ethically produced, and offers a unique taste experience.

Europe dominated the market in 2022 with a market share of over 30% and is expected to expand at a remarkable CAGR of 5.5% during the projected period. Europe is where the majority of the world's coffee is consumed. According to a study by the Centre for the Promotion of Imports from Developing Countries, 54 million bags of coffee, each weighing 60 kg, or about 32% of the world's total production, were consumed in Europe in 2021. (CBI). The region is expanding as a result of the substantial demand for roasted coffee and the rising popularity of both robusta and arabica coffee among consumers.