MarketOverview:
The global greencoffee market size was USD 38.37 billion in 2023and is projected to grow from USD 39.97 billion in 2024 to USD 56.14 billion by
2032 at a CAGR of 4.34% over the forecast period (2024-2032).
The marketis gaining momentum from the rising consumer awareness toward various health
benefits of the product among consumers. The product is also gaining popularity
in nutraceutical products and dietary supplements. Fortune BusinessInsights presents this information in its report titled “GreenCoffee Market, 2024-2032."
Over thepast few years, green coffee has become highly popular worldwide. The growing
demand is driven by consumers' increasing interest in functional foods and
beverages, as well as plant-based dietary supplements. Specialty coffee
varieties, including green coffee beans, are drawing a significant consumer
base globally. As disposable incomes rise, consumers are more willing to spend
on premium-quality food and beverage products. These trends are expected to
support market growth in the coming years.
List ofKey Players Profiled in the Report:
- The Hamburg Coffee Company (Germany)
- Neumann Kaffee Gruppe (Germany)
- Merchants of Green Coffee (U.S.)
- Belco S.A. (France)
- Starbucks Corporation (U.S.)
- Nordic Approach S.A. (Norway)
- Golden Bean Trade (Brazil)
- Atlantica Coffee (Brazil)
- Group MAGNUS BRAZIL-The Green Coffee Brazil (Brazil)
- WS Cafe (Vietnam)
Segments:
Based ontype, the market is bifurcated into Arabica and Robusta.
On thebasis of end product, the market is divided into roasted coffee, green coffee
bean extract, and instant/soluble coffee.
Geographically,the market is split into North America, South America, Asia Pacific, Europe,
and the Middle East & Africa.
ReportCoverage-
The reportoffers:
- Major growth drivers, restraining factors, opportunities, and potential challenges for the
market. - Comprehensive insights into the regional developments.
- List of major industry players.
- Key strategies adopted by the market players.
- Latest industry developments such as product launches, partnerships, mergers, and acquisitions.
MarketTrends and Growth
The global green coffee market is experiencingsteady growth, as more consumers choose organic and sustainable products. This
growth is fueled by the rising demand for natural ingredients, the growing
clean eating trend, and increasing awareness of the health benefits of green
coffee.
ExpandingMarket Reach
The green coffee market hasexpanded beyond health food stores and specialty coffee shops. With the growth
of e-commerce platforms and online retailers, green coffee products are now
accessible to a broader audience. This increased market reach is anticipated to
boost sales and revenue for green coffee producers in the coming years.
HealthBenefits of Green Coffee:
Greencoffee is abundant in antioxidants, especially chlorogenic acid, which is
associated with various health benefits. Some potential benefits of consuming
green coffee include:
- Weight Management: Chlorogenic acid in green coffee may boost metabolism and aid in weight loss.
- Improved Heart Health: Research indicates that green coffee may help lower blood pressure and reduce the
risk of heart disease. - Antioxidant Properties: Green coffee is a rich source of antioxidants that can protect the body against
oxidative stress and inflammation.
Drivers& Restraints:
GrowingUse in Nutraceuticals & Dietary Supplements to Boost Market Growth
The growthof the green coffee market is primarily driven by increasing consumer awareness
of its various health benefits. Green coffee beans are rich in chlorogenic
acid, a readily absorbable antioxidant, which has significantly boosted the
product's popularity. Studies have shown that green coffee can aid in weight
loss, making it popular among obese and overweight individuals.
Due tothese health benefits, green coffee is increasingly used in nutraceutical
products and dietary supplements. A growing focus on health and immunity is
expected to further propel the market during the forecast period. However,
price volatility of green coffee beans may somewhat hinder market growth.
RegionalInsights:
Europe isexpected to lead the global green coffee market share during 2021-2028. The
region is witnessing a notable uptick in product adoption for further
processing in instant coffee and roasted coffee products. Specialty coffee
products are gaining popularity among health-conscious consumers across
Germany, Spain, and Italy.
North Americawill witness growth owing to the thriving nutraceutical sector. The region is
witnessing heavy usage of nutraceutical products and dietary supplements. Rise
of the fitness sector and presence of major players such as Starbucks will
drive the regional market forward.
Meanwhile,the market is Asia Pacific will record notable growth during the analysis
period due to rising disposable incomes of consumers and increased spending on
premium-quality coffee products.
GreenCoffee Market Future Outlook
- Growing Demand for Specialty Coffee: More consumers are seeking specialty coffee options. This trend boosts the
green coffee market as buyers look for unique flavors and origins.
- Health Consciousness: Green coffee is often marketed for its health benefits. Its high antioxidant content appeals to
health-focused consumers, driving sales in this segment.
- Sustainable Practices: There is an increasing focus on sustainability. Consumers are favoring ethically sourced green coffee,
which encourages farmers to adopt eco-friendly practices.
Competitive Landscape
IndustryDevelopment:
June 2021: NeumannKaffee Groupe partnered with Advanced Coffee Equity to conduct a quality
control-focused training to capitalize on the growing green coffee trend in the
U.S.
