Coffee Beans Market Report 2023-2028: Research Report, Upcoming Trends, Demand, Regional Analysis and Forecast
The global coffee beans market size reached US$ 31.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 44.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
The global coffee beans market size reached US$ 31.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 44.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
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Report Description and Highlights
Report Description
Coffee Beans Market Trends:
The market is primarily driven by the expanding food and beverage (F&B) industry across the globe.
Coffee beans are commonly used in hot and cold beverages served across numerous coffee shops. In
addition, the growing popularity of several franchises, such as Starbucks and Cafe Coffee Day (CCD), is
contributing to the market growth.
Moreover, the increasing consumption of coffee by individuals owing to the presence of essential
minerals, vitamins, and antioxidant properties that provide several health benefits, is providing a
positive thrust to the market growth. Furthermore, the market is also propelled by rising health
awareness amongst consumers and the shifting inclination toward organic coffee, grown under natural
conditions and free of artificial fertilizers and pesticides.
Other factors, including the rising promotional activities on e-commerce platforms, the increasing
expenditure capacities of consumers, and the escalating product demand in the pharmaceutical
industry, are creating a positive market outlook across the globe.
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