Global Green Coffee Market Trends 2024, Forecast To 2033
8 Mar, 2024
The green coffee market has shown steady growth, increasing from $36.52 billion in 2023 to $38.23 billion in 2024, with a CAGR of 4.7%. This growth is driven by globalization of coffee trade and evolving consumer preferences. Looking forward, the market is projected to continue its steady growth, reaching $45.3 billion by 2028, with a CAGR of 4.3%. Factors such as climate change adaptation, demand for organic coffee, and innovations in coffee varieties are expected to drive this growth. Additionally, trends like investments in farming technology and digitalization in the supply chain are anticipated to shape the market, alongside the emergence of cold brew and single-origin coffees.
Global Green Coffee Market Key Driver
The green coffee market is set to experience significant growth driven by increasing consumption. Green coffee, known for its health benefits including weight loss aid and blood sugar control, witnessed a global consumption of 163.14 million bags in 2020-21, with a year-over-year increase of 0.5%. Reports from sources like the Green Prophet highlight the global sales of around 166 million bags in 2021, emphasizing the growing preference for green coffee. This trend signifies a promising outlook for the green coffee market in the coming years.
Get A Free Sample Of The Global Green Coffee Market ReportGlobal Green Coffee Market Segments
The green coffee market covered in this report is segmented –
1) Type:Green Unroasted Coffee, Lean Green Coffee, Other Types
2) Coffee Bean:Coffee Arabica, Coffee Robusta, Other Coffee Beans
3) Distribution Channel:Hypermarkets And Supermarkets, Department Stores, Specialty Shops, Online, Other Distribution Channels
4) End Use:Retail, Coffee Cafes, Other End Users
By Geography: The countries covered in the green coffee market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Europe was the largest region in the green coffee market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the green coffee market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Green Coffee Industry Players
Nestle SA; Louis Dreyfus Company BV; The Coca-Cola Company; Starbucks Corporation; The Kraft Heinz Company; Keurig Green Mountain Inc.; JDE Peet's N.V.; The J.M. Smucker Company; Luigi Lavazza S.p.A.; Mother Parkers Tea and Coffee Inc.; Strauss Group Ltd; Tata Coffee; Coffee Holding Co. Inc.; Neumann Kaffee Gruppe; Massimo Zanetti Industries S.A.; Merchants of Green Coffee; Green Coffee Company; Cascade Coffee LLC; Sucafina; Klatch Coffee Inc.; Volcafe Ltd.; Nordic Approach AS; The Bean Coffee Company; Herbal Bioactives LLP; ECOM Agroindustrial Corp. Limited.
Get The Full Global Green Coffee Market Report
Green Coffee Market Overview
Green coffee refers to unroasted coffee beans that have been harvested from coffee plants but have not undergone the roasting process. These beans are typically light green or yellowish and have a higher content of certain compounds, such as chlorogenic acid, compared to roasted coffee beans. It has health benefits, including weight loss, improved blood sugar control, and reduced inflammation. It is especially used for dietary supplements.