Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium
Global Research on the decaffeinated coffee market provides an in-depth
analysis of segments and sub-segments in the global as well as the regional
decaffeinated coffee market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional decaffeinated
coffee market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global
decaffeinated coffee market. According to the report, the global decaffeinated
coffee market is projected to grow at a CAGR of 7% over the forecast period of
2022-2028.
The revenue of the decaffeinated
coffee market in 2022 was USD 2 billion which is expected to reach around USD 3
billion by 2028 growing with a CAGR of 7%. The coffee beans that have 97% of
their coffee removed provide decaffeinated coffee. The coffee beans are
decaffeinated before they are roasted and ground. Decaffeinated coffee is not
absolutely free of caffeine, but caffeine is present in very little amounts
compared to regular coffee. Each takes consists of 0-7 mg of caffeine. Coffee
is rich in antioxidants that are useful in preventing diseases such as
heart-related diseases, cancers, and type-2 diabetes. Growing awareness related
to the harmful physiological effects associated with caffeine, which is a
psychoactive substance present in regular coffee, is expected to prompt buyers
to consume decaffeinated beverages. As a result, buyers have been increasingly
spending on caffeine-free beverages, such as decaf coffee.
Covid-19 has augmented the demand for
healthy food products. Because of the covid-19 outbreak, the whole world was
under lockdown to restrict the spread of the deadly virus. This created chaos
among the mass consumers and people only invested in essential commodities such
as food products, home essentials, sanitary products, and others, during the
time of the pandemic. Coffee is considered one of the healthy beverages
available in the market. The world has witnessed a shift in preferences during
the ongoing COVID-19 crisis. An increasing number of customers transitioned
from regular coffee to decaf coffee during the pandemic to reduce their
caffeine intake. Even though high-quality decaf coffee is more expensive than
regular coffee, manufacturers in the decaffeinated coffee market are creating
awareness about the journey from farm to market to educate people about good
quality coffee beans. This enhanced the revenue of the decaffeinated coffee
market.
The growing number of people are
switching to a healthy lifestyle, along with the inclination to enjoy one's
favorite foods is fuelling the growth of the global decaffeinated coffee
market. One of the most popular beverages is coffee nowadays with a huge consumer
base, thus demand for enriching options is also high. This contains numerous
health benefits which is also a key driving factor of the market. Studies have
revealed that the intake exceeding two caffeinated beverages a day by either of
the parents increases the chance of miscarriage. The study also reported that
women consuming more than 2 caffeinated drinks a day during their seven weeks
of pregnancy also increase the risk of miscarriage. Due to all these harmful
effects of caffeine people are compelled to opt for decaf over regular coffee.
As a result, the decaffeinated coffee market is estimated to grow at a
significant rate in the foretold period.
Europe is anticipated to dominate the
market. The market in South Asia is estimated to grow at a rapid rate in terms
of revenue generation. In Europe, high popularity along with growing awareness
regarding the side effects of caffeine is directly promoting the sales of decaf
coffee. The Asia-pacific region offers substantial potential for market growth
owing to rapid growth in markets such as India and China. The growth is fuelled
because of the rising health consciousness among the population of the
countries including India, Indonesia, and Japan. The sale is estimated to
increase during the forecast period as the market is witnessing high demand for
decaffeinated beverages in Japan including south Asia.
The report on the global decaffeinated
coffee market covers segments such as product, bean type, and distribution
channel. On the basis of product, the sub-markets include roasted and raw. On
the basis of bean type, the sub-markets include arabica, robusta, and others.
On the basis of distribution channels, the sub-markets include online and
offline.
The report provides profiles of the
companies in the market such as Kraft Heinz Company, Colombian Brew Ground
Coffee, Don Pablo Coffee, Cravium Foods LLP, Dunkin' Brands Group, Inc., Nestlé
S.A., Lifeboost Coffee, Kicking Horse Coffee Co. Ltd., Koffee Kult, and
Cafedirect PLC.
The report provides deep insights into
the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the decaffeinated coffee market. Moreover, the study highlights
current market trends and provides forecasts for 2022-2028. We also have
highlighted future trends in the market that will affect the demand during the
forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
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