Australia Coffee Market to Grow at a CAGR of 5.1% During 2024-2032, Aided by the Increased Demand for Speciality Coffee

The Australia coffee market growth is supported by the increasing preference for speciality coffee and the growing food and beverages sector. With the nation's high coffee consumption rate, Australians consume an average of 1.91 kg of coffee per person annually, as reported by Coffee Affection in August 2022. The consumption is expected to increase as people show a strong willingness to spend on coffee, in particular speciality and premium coffee experiences.

Fig: Australian Imports by Type of Coffee in 2021

The market is growing due to increased availability of flavored varieties like caramel, hazelnut, vanilla, peppermint, and cinnamon. This is supported by the expanding food and beverage sector, where coffee-based desserts are gaining popularity and driving demand for these products.

The demand for premium beans is influenced by social media endorsements and collaborations with food bloggers, influencers, and content creators. This strategy enables market players to effectively reach their target audience through social media marketing, contributing to the overall growth of the market.

There is a surge in availability of organic coffee through various distribution channels, meeting evolving consumer demands. This trend presents lucrative opportunities driven by rising health consciousness among consumers. Organic coffee is sought after for its higher levels of key nutrients like magnesium and potassium, appealing to health-conscious individuals.

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Market Breakup by Product Type and Distribution Channel:

• The market is segmented based on product type into whole bean, ground coffee, instant coffee and coffee pods and capsules.

• On the basis of distribution channel, the market is categorised into supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.

Key Findings of the Report:

• The market is growing due to health benefits associated with moderate coffee consumption, including reduced diabetes risk, fat burning, and increased energy from caffeine.

• A growing number of coffee consumers are buying various coffee varieties online, leading to increased at-home coffee consumption.

• The demand for certified coffee has surged amid growing ethical consumerism, especially after the pandemic. Certification supports environmental and ethical norms, aligning with sustainability goals in the coffee industry.

• Certified organic coffee is increasingly popular in Australia for its health benefits and environmentally friendly production. Consumers are willing to pay extra for coffee grown without synthetic chemicals, encouraging more growers to adopt organic practices, aligning with the speciality coffee movement.

Key Offerings of the Report:

• The EMR report gives an overview of the Australian coffee market for the periods (2018-2023) and (2024-2032).

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the product type and distribution channel of the Australia coffee market.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the Australia coffee market are Nestle S.A., Koninklijke Douwe Egberts B.V., Starbucks Corp., Cantarella Bros. Pty. Ltd., Corval Group Pty Ltd. (Conga Foods), Luigi Lavazza S.p.A., Zentveld’s Pty Ltd., Five Senses Coffee Pty Ltd., Cantarella Bros Pty Ltd (Will&Co), and Skybury, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

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