Coffee Beans Market

Market Overview:

The global coffee beans market size reached US$ 32.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 53.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.

Coffee beans refer to seeds of a tropical plant that are dried, roasted, and processed for forming coffee granules powder that can later be used as a beverage. They are commonly available in Arabic and Robusta variants. Amongst these, the arabica trees produce aromatic coffee that is flat and elongated, whereas Robusta coffee beans are bitter and are commonly used in espresso and instant coffees. Coffee beans are widely used in chocolates, body scrubs, muffins, cookies and cakes. They contain antioxidants and exhibit anti-inflammatory properties that protect against several diseases. They also aid in reducing the risk of diabetes, Parkinson’s, and skin cancer, combating inflammation, boosting the immune systems, burning fat, and improving mood and energy levels.

Coffee Beans Market Trends:

Significant growth in the food and beverage (F&B) industry across the globe is creating a positive outlook for the market. Coffee beans are commonly used in various hot and cold beverages and served across various coffee shops. Additionally, the widespread product adoption due to the presence of essential minerals and vitamins and antioxidant properties, which further offers numerous health benefits, such as protection from cell damage, is favoring the market growth. Apart from this, the rising health consciousness amongst consumers has led to the introduction of organic coffee that is grown under natural conditions and is free of pesticides and artificial fertilizers, which, in turn, is providing a considerable boost to the market growth. Furthermore, various technological advancements, such as the integration of the Internet of Things (IoT) to monitor and control environmental variables affecting the cultivation of coffee, are positively impacting the market growth. Other factors, including the rising expenditure capacities of consumers, rising promotional activities on e-commerce platforms and increasing product demand in the pharmaceutical industry, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global coffee beans market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, distribution channel and end user.

Breakup by Product:

• Arabica
• Robusta
• Others
   

Breakup by Distribution Channel:

• Online
• Offline
   

Breakup by End User:

• Personal Care
• Food and Beverages
• Pharmaceutical
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Backyard Beans Coffee Company, Caribou Coffee Company Inc., Coffee Bean Direct LLC, Death Wish Coffee Co., Gold Coffee Company, Hawaiian Isles Kona Coffee Co., illycaffè S.p.A., La Colombe Coffee Roasters, Luigi Lavazza S.p.A., Starbucks Coffee Company, The Coffee Bean Company and The East India Company Ltd.

Report Coverage: