IMARC Group, a leading market research company, has recently releases report titled “Cold Brew Coffee Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” The study provides a detailed analysis of the industry, including the cold brew coffee market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
What is the Prediction for the market of Medical Cold Brew Coffee?
Report Attributes | Details |
Growth rate (2022 to 2027) | CAGR of 25.23% |
Base Year of the Analysis | 2021 |
Forecast Period | 2022-2027 |
What is Cold Brew Coffee?
Cold brew coffee refers to a unique brewing technique that involves steeping coarsely ground coffee beans in cold or room temperature water for an extended period, typically ranging from 12 to 24 hours. This slow extraction process produces a smooth, flavorful, and less acidic beverage as compared to traditional hot brewed coffee. In order to make cold brew coffee, coffee grounds are combined with water in a container or a specialized cold brew coffee maker. The coffee and water are left to steep together for an extended period, allowing the flavors and compounds to slowly infuse into the water. After steeping, the coffee is usually filtered to separate the grounds from the liquid, resulting in a concentrated cold brew coffee that can be diluted and served over ice or mixed with other ingredients. One of the significant advantages of cold brew coffee is its low acidity. The extended steeping time in cold water extracts fewer acids from the coffee grounds, resulting in a smoother and less bitter taste. This makes cold brew coffee a preferred choice for individuals with sensitive stomachs or those who find traditional hot brewed coffee too acidic. In addition to this, cold brew coffee tends to have a fuller body and a different flavor profile compared to hot brewed coffee. The extended steeping time extracts different compounds from the coffee grounds, resulting in a unique combination of flavors that is often described as rich, chocolatey, nutty, and slightly sweet. It offers a refreshing and mellow coffee experience. Cold brew coffee can be enjoyed straight over ice or diluted with water, milk, or other beverages to create various coffee-based drinks.
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What Are the Growth Prospects and Trends in the Cold Brew Coffee Market?
The rising shift in consumer preferences toward milder and less acidic coffee options represents a significant factor driving the market growth across the globe. This, coupled with the increasing demand for cold brew coffee as an alternative to traditional hot brewed coffee is acting as a major growth-inducing factor. In line with this, the rising demand for ready-to-drink (RTD) beverages is contributing to the growth of the market. The easy availability of cold brew coffee in various packaged formats, including bottles, cans, and cartons, is driving the demand for the product. The market is also driven by the rising demand for healthier drinking options as compared to sugary, carbonated beverages, along with the increasing health consciousness among consumers. In addition to this, the widespread adoption of coffee shop culture and the rise of specialty coffee with a unique and premium coffee experience is facilitating the growth of the market. Other factors, including the easy availability of the product in a variety of retail outlets, the influence of social media and marketing, and the increasing focus of manufacturers and coffee companies on innovating and introducing new flavors, blends, and variations of cold brew coffee, are creating a positive outlook for the market.
Who Are the Key Players Operating in the Cold Brew Coffee Industry?
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Califia Farms LLC
- Grady's Cold Brew Inc.
- Heartland Food Products Group
- High Brew Coffee Inc.
- Illycaffè S.p.A. (Gruppo illy Spa)
- Kohana Coffee
- La Colombe Coffee Roasters
- Luigi Lavazza S.p.A. (FinLav S.p.A)
- Nestlé S.A.
- RISE Brewing Co.
- Sleepy Owl Coffee
- The Coca-Cola Company.
What is Included in Market Segmentation?
The report has categorized the market based on type, category and distribution channel.
Breakup by Type:
- Arabica
- Liberica
- Robusta
Breakup by Category:
- Traditional
- Decaf
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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