Coffee Market Size & Share, Industry Trends Analysis Report 2034

Global Coffee Market: Industry Perspective

The global coffee market size was worth around USD 235.75 Billion in 2024 and is predicted to grow to around USD 398.90 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 5.4% between 2025 and 2034. The report analyzes the global coffee market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the coffee industry.

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Global Coffee Market: Overview

Coffee provides a revitalizing effect owing to the caffeine present. It is one of the most consumed and popular drinks worldwide. It is prepared and presented in numerous different ways. Usually served hot, it can also be served as iced coffee. As per some clinical studies, modest coffee consumption is gentle or slightly beneficial for healthy adults.

Key Insights

• As per the analysis shared by our research analyst, the global coffee market is estimated to grow annually at a CAGR of around 5.4% over the forecast period (2025-2034).
• Regarding revenue, the global coffee market size was valued at around USD 235.75 billion in 2024 and is projected to reach USD 398.90 billion by 2034.
• The coffee market is projected to grow at a significant rate due to increasing consumption in emerging markets, premium and specialty coffee trends, and the expansion of café culture and home brewing technologies.
• Based on Product Type, the Whole Bean segment is expected to lead the global market.
• On the basis of the Source, the Arabica segment is growing at a high rate and will continue to dominate the global market.
• Based on the Distribution Channel, the Supermarkets/Hypermarkets segment is projected to swipe the largest market share.
• By End-user, the Residential segment is expected to dominate the global market.
• Based on region, Latin America is predicted to dominate the global market during the forecast period.

Global Coffee Market: Growth Factors

Owing to increasing cafe culture in today’s young generation, as well as growing disposable income, the white collar demographic, urbanization, and food service outlets are some factors contributing to the global coffee market growth. Shifting work culture, specifically in the corporate industry, along with enhancing living standards, is further expected to boost the demand in the global market. Companies overhauling their strategies in terms of service as well as emerging contemporary brands in order to enhance customer satisfaction and, in turn, gain loyalty are other factors improving the global coffee market all around the world. Increasing organic type demand due to rising awareness of the health benefits associated with the use of coffee is further expected to boost the coffee demand in the near future. Launch of various tastes such as Barista, CCD, and Starbucks has given an enriched customer experience scenario.

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Global Coffee Market: Segmentation

The global coffee market is segmented based on product type, source, distribution channel, end-user, and region.

Based on product type, the global coffee market is divided into whole bean, ground coffee, instant coffee, and coffee pods & capsules.

On the basis of source, the global coffee market is bifurcated into arabica, robusta, and liberica.

By distribution channel, the global coffee market is split into supermarkets/hypermarkets, convenience stores, online retail, cafes & restaurants, and specialty stores.

In terms of end-users, the global coffee market is categorized into residential and commercial.

Global Coffee Market: Report Scope

Global Coffee Market: Regional Analysis

Latin America is anticipated to dominate the global coffee market mainly due to the presence of the largest coffee producer, that is, Brazil. Moreover, Mexico has lately proven to be a tough player in the instant coffee market. In addition, the Asia Pacific is further expected to witness considerable growth, owing to Vietnam, the second-largest producer of coffee. Increasing population, influence of Western culture, and urbanization will further contribute to the increasing coffee demand all over the world. Europe is also expected to witness significant growth owing to the presence of some good players in this region.

Global Coffee Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the coffee market on a global and regional basis.

The global coffee market is dominated by players like:

• J.M. Smucker
• Eight O’ Clock
• AMT
• Dulce Cafe
• Lavazza
• Keurig Green Mountain
• Tchibo
• Kraft Heinz
• Trung Nguyen
• Starbucks

The global coffee market is segmented as follows;

By Product Type

• Whole Bean
• Ground Coffee
• Instant Coffee
• Coffee Pods & Capsules

By Source

• Arabica
• Robusta
• Liberica

By Distribution Channel

• Supermarkets/Hypermarkets
• Convenience Stores
• Online Retail
• Cafes & Restaurants
• Specialty Stores

By End-user

• Residential
• Commercial

By Region

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa