Coffee
Beans Market: Overview
The
idiom “wake up and smell the coffee” may have a literally
different meaning but coffee is does consumed worldwide in order to
re-energize one’s self after a sleep, or a tiresome work. Coffee
beans are basically the coffee seeds of the coffee plant, which are
grinded in order to obtain coffee powder. There are only two types of
coffee plants and its coffee beans worldwide one Arabica other is the
Robusta. Around 75%-80% coffee beans globally is Arabica and the
remaining 20% is Robusta. Most of the coffee beans are produced
around the world in along the Equatorial zone called “The Bean
Belt”. The demand for coffee and various other coffee based cuisine
are on rise from consumer’s end which depicts there is a very much
possibility to catapult the market of coffee beans which will
resultant into a healthy CAGR of coffee beans market over the
forecast period.
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Coffee
Beans Market: Drivers & Restraints
The
major factors driving the growth of coffee beans market is the
increasing consumption of freshly brewed coffee among various age
groups due to various reasons associated with drinking of coffee.
World coffee exports has amounted to 8.99 million bags in September
2016, compared with 8.89 million bags in September 2015. The demand
for freshly brewed coffee, cold brewed coffee has been high from U.S
to Japan. Large no of cafe chains are on expansion spree locally and
globally e.g. Starbucks, Peet’s Coffee & Tea etc. and such
café do offer freshly roasted coffee beans brewed coffee which is
their main USP. Even in individual household people are now shedding
habit of buying coffee powder and instead buying espresso maker which
helps in making coffee with coffee beans. Other factors such as
industries such as coffee confectioneries, personal care products
etc. are also boosting the growth of coffee beans market.
Recent
change in climate which has affected the coffee bean producing
countries and its subsequent affect on coffee bean production and
rising price of coffee due to low in supply are few restraints for
growth of coffee bean market
Coffee
bean Market: Market Segmentation
The
coffee
bean market is segmented into four parts based on the product
type, application type, distribution channels, and geography.
Based
on the product type the coffee bean market is segmented into:
- Arabica
- Robusta
- Others
Based
on the application type the coffee bean market is segmented into:
- Food
- Personal care
- Pharmaceuticals
- Dietary Supplements
Based
on the type of distribution channels coffee bean market is segmented
into:
- Internet Retailing
- Mass Retailers
- Direct Selling
- Others
Coffee
Beans Market: Regional Outlook
Regarding
geography, coffee bean market has been categorized into five key
regions including North America, Western Europe, Eastern Europe,
APEJ, Japan, Latin America, and the Middle East & Africa. Coffee
bean market is expected to register healthy CAGR during the forecast
period. Asia-Pacific represents the significantly high market share
and grow with comparatively high CAGR in forecast period. Countries
in APEJ such as India, China are witnessing significantly higher
demand for coffee beans due to increase in consumption of coffee
among the masses. North America is experiencing the rapid increase in
the production capacity of coffee bean as demand for coffee beans in
the region is always high all time. Western Europe and Eastern Europe
are next to North America in coffee beans market, increase in
consumption of coffee beans are providing the required thrust for the
growth of coffee bean market. Latin America region whereas is one of
the significant producer of coffee bean globally and over the
forecast period the coffee bean market in Latin America is about to
gain significant growth. MEA also do possess similar trends alike
Latin America in coffee beans market and do produces significant
amount of coffee bean market.
Coffee
bean Market: Key Players
Some
of the key players identified in the coffee bean market are:-
- illy's Medium Roast
- Lavazza Super Crema Espresso
- Kicking Horse Whole Bean
- Ethiopian Yirgacheffe
- Coffee Bean Direct Italian Roast
- Hawaiian Gold Kona Gourmet Blend
- Others
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