Coffee Bean Market Poised to Grow at a CAGR of 5.7% by 2024
Infinium Global Research has added
a new report on Coffee
Bean Market. The report presents analysis of global as well as regional
markets of coffee bean over the period of 2016 to 2024. A coffee bean is a type
of seed, which is obtained from the coffee
plant. It is a seed, inside the red or purple fruit often referred to as a
cherry. Even though the coffee beans are seeds, they are referred to as
"beans" because of their resemblance to true beans. There are several health benefits of coffee
such as it helps to reduce the risk of type 2 Diabetes, reduce the risk of
heart disease, lower the skin cancer risk. Additionally, it helps to improve
energy level and burning of additional fats. Also, it helps to boost the metabolic rate of the body as well as improve the physical performance of the body. It contains several important nutrients,
including riboflavin, pantothenic acid, manganese, potassium, magnesium, and niacin, that help to replenish the lack of
micronutrients inside the human body. The
usage of coffee beans in the pharmaceutical industry is augmenting the growth of the global coffee beans market.
The health benefits that are associated
with coffee beans in the form of dietary supplements have increased its
consumption around the globe. The green coffee beans extract has a higher level
of chlorogenic acid as compared to other roasted and regular coffee beans, as
these beans are not roasted. Thus, the adoption of green coffee beans in the
form of weight loss supplements has been widely observed among consumers.
coffee beans market growth is driven by an increase
in coffee consumption among consumers. In addition, health benefits associated
with coffee and expansion of organized retail market makes the buying process
easy for the consumers, and expedite the consumption of coffee. Additionally,
decreasing consumption of carbonated cold drinks, due to the inclusion of pesticides in cold drinks. Thus the consumer preference is shifting towards
cold coffee and other types of coffee consumption. However, the availability of
cheaper substitute for coffee such
as tea and other local beverages are restraining
the growth of the coffee market.
In terms of
geography, the global coffee beans market is segmented into Latin America,
North America, Eastern Europe, Western Europe, the Middle East & Africa, the
Asia Pacific except Japan, and Japan. The
demand for coffee in North America is expected to remain high in the coming
years due to a growing consumption
coffee. The increasing demand for coffee amongst the working population and
ubiquitous installment of coffee vending machines at offices, airports, railway
stations, and other places are expected to make a generous contribution to the
rising revenue of the North America coffee beans market. Additionally, the growing presence of coffee shop around the
retail stores, eateries and other common snacks points are helping to boost the
growth of the coffee market. The Asia
Pacific region is also expected to be a strong contender in the global coffee
beans market. Emerging economies such as India and China are expected to be
instrumental to the rise of the Asia Pacific coffee beans market. In addition,
the market will also be driven by the rising disposable income that is being
spent on coffee consumption at coffee shops, growing pool of the young population that has been nurturing the
coffee-shop culture, and the significantly large coffee plantations that are
known to provide some of the best coffee in the world. Latin America is
projected to be an important regional player in the global coffee beans market
as the region is known to be the seasoned producer of high-quality coffee
beans. Moreover, the growth matrix presented by Infinium Global Research
identifies the key investment markets in the near future, this will not only
help the companies to understand the competitive position in the global coffee
bean but also make strategic decisions to capture the most lucrative markets in
the near future. The market size is presented in terms of value for the
historic year 2016 and estimated for forecast period of 2018-2024.
15% discount for early purchase of global coffee bean report by clicking the
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The recent report identified that
North America dominated the global coffee bean over the last couple of years,
while emerging markets of Asia-Pacific and Latin America are anticipated to
contribute significantly to the growth in the coffee bean worldwide.
The report segments the global
coffee bean on the basis of Product and End Use.
Global Coffee Bean by Product
Global Coffee Bean by End Use
Food And Beverage
Companies Profiled in the Report
Backyard Beans Coffee Company
Caribou Coffee Company, Inc.
Coffee Bean Direct LLC
Death Wish Coffee Co.
Gold Coffee Company
La Colombe Torrefaction, Inc.
Luigi Lavazza S.p.A.
The Ethiopian Coffee Company
The East India Company Limited.
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