Global Coffee Beans Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2024-2032)

Global Coffee Beans Market Outlook

The global coffee beans market size reached approximately USD 35.23 billion in 2023. The market is projected to grow at a CAGR of 6.10%  between 2024 and 2032, reaching a value of around USD 60.07 billion by 2032.

Key Trends in the Market

Coffee is one of the most popular beverages created from the grounded and roasted seeds of coffee plants found in tropical and southern Africa and tropical Asia. These seeds are found in cherry fruits of the coffee plant. These beans are extracted and then passed through stages such as drying, roasting, and grounding, and then they are brewed with hot water.

• The rising awareness regarding the benefits of coffee beans is likely to propel the global coffee beans market growth in the forecast period. Coffee beans can have a significant effect in reducing the risk of certain diseases such as diabetes, skin cancer, and heart disease. As a result, the consumption of coffee has risen among people around the world, and it is anticipated to further increase in the foreseeable future.

• Increasing consumption of coffee and coffee-based drinks among young people is likely to fuel the global coffee beans market demand. The younger generation prefers coffee as its go-to refreshment drink as it is available in a wide range of flavours, enhances mental alertness, and protects the brain from depression by counteracting certain neurotoxins.

• The growing demand for certified coffee owing to concerns related to the sourcing and quality of raw materials is one of the major coffee beans market trends. These certifications enhance the transparency of products and provide consumers with external guarantees about environmentally friendly farming methods and the quality maintained throughout the coffee production process.

Market Analysis

Based on product, the market is segmented into arabica and robusta, among others. The global coffee beans market segmentation, on the basis of end use, includes personal care, food and beverages, and pharmaceutical. Based on sales channels, the market bifurcations include online and offline. The major regional markets for coffee are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global coffee beans market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• Peet's Coffee, Inc. 

• Kicking Horse Coffee Co. Ltd. 

• International Coffee & Tea, LLC 

• illycaffè S.p.A. 

• Luigi Lavazza Spa

• Death Wish Coffee Co. 

• Caribou Coffee Company Inc. 

• Starbucks Coffee Company 

• The East India Company Ltd. 

• Coffee Bean Direct LLC 

• Others

Market Share by Product

Arabica is likely to secure a major portion of the global coffee beans market share during the forecast period owing to its lower caffeine content and sweet taste. The segment is anticipated to experience robust growth amid the growing number of cafes in developing nations and a rising trend of using Arabica beans in products like chocolates, nuts, and caramels.

Market Share by End-Use

According to the global coffee beans market analysis, the food and beverages sector is anticipated to show rapid growth in the coming years. The increasing variety of coffee-based drinks is one of the major factors propelling the demand for coffee beans in this sector. Coffee is a versatile ingredient and is utilised in many products, including cakes, cookies, and muffins. Moreover, with the introduction of healthy coffee additives, the demand for coffee is expected to surge in the coming years.

Competitive Landscape

Peet's Coffee, Inc. is a coffee retailer and roaster based in California, the United States. It operates under its parent organisation, JDE Peet’s and is a pioneer in the United States’ craft coffee movement. The company has been active in the sector since 1966 and offers various types of coffee, including freshly roasted beans, brewed coffee, and espresso beverages, as well as bottled cold brew.

Kicking Horse Coffee Co. Ltd. is a food and beverage manufacturing company specialising in coffee. The company was founded in the year 1996 and is currently headquartered in British Columbia, Canada. It has gained a reputation for its commitment to sourcing and roasting premium coffee beans while emphasising ethical and sustainable practices.

International Coffee & Tea, LLC is a provider of a wide range of coffee and tea, as well as related products such as coffee beans, tea leaves, and brewing equipment. The company conducts its business as The Coffee Bean and Tea Leaf and it is headquartered in California, the United States. Founded in 1963, the company has since expanded globally and is recognised for its speciality coffees, teas, and related products.

Other coffee beans market players include illycaffè S.p.A., Luigi Lavazza Spa, Death Wish Coffee Co., Caribou Coffee Company Inc., Starbucks Coffee Company, The East India Company Ltd., and Coffee Bean Direct LLC, among others.

Key Highlights of the Report

Coffee Beans Market Report Snapshots

Coffee Beans Market Size

Coffee Beans Market Analysis

Coffee Beans Market Share

Coffee Beans Companies