Global Instant Coffee Market with Analysis 2019 and Forecast to 2025 Instant Coffee Market
Global Instant Coffee Market with Analysis
2019 and Forecast to 2025
The growing awareness regarding the health benefits and growing concern towards obesity
and other health problems, the demand for functional beverages such as ready-to-drink
(RTD) coffee is recently gaining popularity worldwide. Owing to its low-calorie content,
there are increasing chances of bolstering adoption of ready-to-drink coffee in the near
future. When it comes to flavors, instant coffee consumption differs from one country to
another. Additionally, coffee has anti-cancer properties, coffee is linked to lower rates of
colon, liver, breast, and rectal cancers, increasing population, changing lifestyle are the
factors boosting the demand for global instant coffee market.
The growing popularity of convenience options has driven the rise in the consumer
preferences for instant coffee, all while keeping the product offerings fresh and unique to
grab more consumers. Growing disposable income of the people is enhancing their
capability of spending on preferred instant beverages, which is propelling the growth of the
global instant coffee market. Shifting work culture specifically in the corporate industry
along with enhancing living standards is further expected to boost the demand in the global
market.
Coffee Pouches segment accounts for the lion’s market share of the global instant
coffee market during the forecast period.
With the growing shift of key makers towards sustainable packaging, the global coffee
packaging market by flexible pouches segment is expected to witness massive growth
during the forecast period. The higher shelf life of instant coffee owing to powdered texture
is propelling the growth of the global instant coffee market. As single-serve packets are
more affordable and provide convenience to the consumers, they are experiencing strong
demand in homes, cafés, hotels, and restaurants. Moreover, with the growing preferences
of instant coffee over other beverages among the consumers, the instant coffee
manufacturers have launched several flavored products to attract a wider set of audience
and impact the instant coffee market globally.
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Asia-Pacific is the fastest growing region of the global instant coffee market
during the forecast period.
Geographically, Europe dominates the overall instant coffee industry and projected to lead
the market over the forecast period due to high demand from countries like Poland,
Bulgaria, and Russia. Europe has an age-old tradition of coffee-drinking, there is a high
demand for instant coffee products in the region. Asia-Pacific is projected to have healthy
growth throughout the forecast period. Additionally, increasing working class in emerging
countries such as China, India has a positive impact on the growth of the market in the Asia
Pacific region.
Global Instant Coffee Market: Competitive Landscape
Companies such as Nestlé S.A., Jacobs Douwe Egberts, Starbucks Corp., Tata Global
Beverages, Unilever Plc. Keurig Green Mountain Inc., Alpine Start Inc., Tchibo Coffee
International Ltd, Luigi Lavazza S.p.A., The J.M. Smucker Company, Strauss Holdings Ltd.,
and Matthew Algie & Company Limited are the leading players of instant coffee market
across the globe.
Objective of the Study:
To analyze and forecast market size of the global instant coffee market, in terms of
value & volume.