Top 7 Companies Dominating the Global Instant Coffee Market, Supported by the Increasing Consumption of Premium Products

Nestlé, Starbucks Corporation, The Kraft Heinz Company, Tata Consumer Products Limited, Matthew Algie & Company Limited, Strauss Group, and Jacobs Douwe Egberts Pro, among others, are the major players in the global instant coffee market. 

The global instant coffee market reached a value of about USD 13.15 billion in 2023. The market is projected to grow at a CAGR of 4.9% in the forecast period of 2024-2032 to reach around USD 20.26 billion by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by the increasing working population and fast-paced lifestyles of individuals.

Instant coffee, or soluble coffee, is crafted from finely ground, roasted coffee beans. Renowned for its convenience, prolonged shelf life, and ability to capture the essence of traditional brewed coffee, it facilitates swift coffee preparation by adding hot water. This versatile beverage can be enjoyed as a classic black coffee or transformed into lattes, cappuccinos, and mochas. Requiring minimal equipment, instant coffee serves as a practical solution for satisfying coffee cravings in various settings. With lower caffeine content and increased antioxidants compared to brewed coffee, it offers health benefits like improved metabolism, enhanced brain function, and better liver health, aiding the instant coffee market growth.

Instant coffee, found in granulated, concentrated liquid, and powdered forms, packaged in sachets or glass jars, is experiencing significant popularity, particularly among the global working population, which is further increasing the instant coffee market share.

Instant coffee producers are introducing novel flavours like Italian roast, gingerbread cookie, cardamom bun, French vanilla, and chocolate caramel to broaden their consumer base in the market.

In January 2022, Sleepy Owl, the prominent DTC coffee brand in the country, expanded its product portfolio with the introduction of Premium Instant Coffee. This move aimed to enhance the brand's accessibility and elevate the expectations of instant coffee drinkers. Sleepy Owl sought to bridge the gap between convenience and experience, aligning with its key USP that resonates across all its product offerings, including the Real Good Instant Coffee.

Top 7 Instant Coffee Companies in the World:

Nestlé

Nestlé, the world's largest food and beverage company, is dedicated to unlocking the power of food to improve the quality of life for everyone. With a history dating back to 1866, Nestlé serves with passion and excellence, providing products and services for all life stages. Headquartered in Vevey, Switzerland, the company reported sales of CHF 84.3 billion in 2020, offering a comprehensive portfolio across various food and beverage categories.

Starbucks Corporation

In its early days, Starbucks operated as a roaster and retailer of coffee, tea, and spices with a single store in Seattle's Pike Place Market. The company engages with millions of customers across more than 80 markets globally. Starbucks expanded its presence from Chicago to Vancouver, California, Washington, D.C., and New York. In 1996, it ventured into Japan, followed by Europe in 1998 and China in 1999, eventually becoming a vital part of numerous neighbourhoods globally, connecting with millions of customers weekly.

The Kraft Heinz Company

The Kraft Heinz Company, a global food and beverage giant, boasts eight brands with over USD 1 billion in sales each, contributing to a total global revenue of around USD 25 billion. With a history spanning 150 years, Kraft Heinz produces high-quality, flavourful, and nutritious foods. Co-headquartered in Chicago and Pittsburgh, the company's iconic brands like Kraft, Heinz, and Oscar Mayer resonate globally, creating joy around mealtime. With a diverse portfolio exceeding 200 brands, Kraft Heinz aims for sustainable growth, led by a team of over 37,000 dedicated individuals.

Tata Consumer Products Limited

Tata Consumer Products, a key player in the Indian food & beverage industry, envisions becoming a diverse FMCG major and ranks among the top 10 companies in its sector. Established through the merger of Tata Chemicals' consumer products business with Tata Global Beverages in 2020, the company, now known as Tata Consumer Products, boasts well-loved brands like Tata Tea, Tetley, and Himalayan Water. Rooted in Tata's values, it strives for a global presence, delivering high-quality, sustainable products with a commitment to community welfare.

Matthew Algie & Company Limited

Matthew Algie, the leading independent coffee roaster in the UK and Ireland, has been sourcing and producing high-quality speciality coffees since its founding on the banks of the Clyde in Glasgow in 1864. With a commitment to its roots, the company roasts exceptional coffee enjoyed by numerous cafes and hospitality businesses. With a dedicated workforce of over 400 professionals, Matthew Algie acquired Tchibo Coffee Service on January 1, 2024, expanding its product range and service offerings.

Strauss Group

Strauss Group, an international food and beverage company headquartered in Israel, aims to nourish a better tomorrow. With a portfolio comprising Strauss Water, Strauss Coffee B.V., Strauss Israel, PepsiCo – Strauss Fresh Dips & Spreads International, and Innovation, the group is a branded, multi-category, and innovative food and beverage entity. Operating in over 20 countries, Strauss employs more than 17,400 people globally and has strategic partnerships with industry leaders such as Danone, PepsiCo, Haier, and Virgin. In 2022, non-GAAP sales were approximately NIS 9.5 billion.

Jacobs Douwe Egberts Pro

JDE Peet’s, the world's foremost pure-play coffee and tea company, traces its local roots back to 1753 and is headquartered in the Netherlands. Operating in over 100 countries, the company boasts a diverse portfolio of 50 brands, including L’OR, Peet’s, Jacobs, Senseo, Tassimo, Douwe Egberts, OldTown, Super, Pickwick, and Moccona. Within the Netherlands, Jacobs Douwe Egberts serves as the leading pure-play coffee and tea enterprise. Their professional captive segments cater to diverse industries, including government, defence, maritime, and industrial sites.