The organic coffee market consists of sales of organic coffee and related services. Organic coffee is produced without the use of any synthetic fertilizers, pesticides, herbicides, or chemicals. The market consists of revenue generated by establishments manufacturing organic coffee products including fair trade coffee, gourmet coffee, espresso coffee, and coffee pods.
The global organic coffee market is expected to grow from $5.7 billion in 2019 to $6.6 billion in 2020 at a compound annual growth rate (CAGR) of 16.00%. The coronavirus pandemic has led to a surge in the demand for organic and sustainable foods. This is because COVID-19 has increased consumer awareness about health and nutrition, and currently, organic foods that are free of pesticides or synthetic chemicals are viewed as safe alternatives. Organic coffee has gained consumer attention because of its health benefits. However, the challenge is to maintain the supply with such a surge in demand. Therefore, the organic coffee market is prone to supply-demand swings due to which the market growth is not as significant as expected. The market is expected to stabilize and reach $9.1 billion in 2023 at a CAGR of 11.5%.
