Global Coffee Beans Market to Reach US$ 53.3 Billion by 2032, Impelled by Expanding F&B Industry

December 05, 2022 | Food & Beverages

The latest report by IMARC Group, titled “Coffee Beans Market Report by Product (Arabica, Robusta, and Others), Distribution Channel (Online, Offline), End User (Personal Care, Food and Beverages, Pharmaceutical), and Region 2024-2032,” finds that the global coffee beans market size reached US$ 32.8 Billion in 2023. Coffee beans are seeds of tropical plants that are dried, roasted, and processed to make a coffee powder that can be used as a beverage. They are widely used in body scrubs, muffins, chocolates, cookies, and cakes. They exhibit antioxidant and anti-inflammatory properties that protect against several diseases, reduce the risk of diabetes, skin cancer, and Parkinson’s, combat inflammation, boost the immune system, burn fat, and improve mood and energy levels. Owing to these properties, coffee beans are widely utilized in restaurants, cafes, hotels, and residential spaces across the globe.

Global Coffee Beans Market Trends:

The market is primarily driven by the expanding food and beverage (F&B) industry. Coffee beans are commonly used in hot and cold beverages that are served across various coffee shops. In addition, the rising awareness regarding health benefits provided by coffee beans due to the presence of essential minerals, vitamins, and antioxidant properties represents another major growth-inducing factor. Besides this, with the rising health consciousness amongst consumers, manufacturers are introducing organic coffee grown under natural conditions and free from pesticides and artificial fertilizers. This, coupled with various technological advancements, such as the integration of various the Internet of Things (IoT) to control and monitor environmental factors affecting the cultivation of coffee, is positively influencing the market growth. Moreover, the rising disposable incomes of consumers, increasing promotional activities on e-commerce platforms, and the growing product adoption in the pharmaceutical industry are some of the other factors propelling the market growth. Looking forward, IMARC Group expects the market value to reach US$ 53.3 Billion by 2032, exhibiting a CAGR of 5.4% during the forecast period (2024-2032).

Market Summary:

  • Based on the product, the market has been categorized into Arabica, Robusta, and others.
  • On the basis of the distribution channel, the market has been bifurcated into online and offline.
  • Based on the end user, the market has been segmented into personal care, food and beverages (F&B), and pharmaceutical.
  • Region-wise, the market has been divided into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has been examined in the report, with some 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 Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Distribution Channel, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Coffee Beans Market to Reach US$ 53.3 Billion by 2032, Impelled by Expanding F&B Industry
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