Coffee Beans Market Swiftly Grows with an Impressive Revenue Figures

Coffee Beans Market

Opportunity Analysis and Industry Forecast, 2016-2023

Global Opportunity Analysis and Industry Forecast, 2017-2024

Introduction • The Global Coffee Beans Market is likely to reach $15,635 million at a CAGR of 6.1% during the forecast period.

• Japan, India, and Philippines are the major contributors to its growth.

• The global coffee beans market growth is driven by increase in coffee consumption among consumers.

• Research has proved that coffee lowers the risk of type 2 diabetes, protects the liver, and prevents certain types of cancer.

• Coffee beans are commonly found in the beverage form, the skin care products made from coffee are also gaining popularity in the world.

Key Factors • The demand for coffee beans in Asia-Pacific has grown significantly over the years, owing to increase in its consumption.

• Health benefits associated with coffee and expansion of retail market makes the buying process easy for the consumers, which boost the global coffee beans market.

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The carbonated drinks sale is anticipated to decrease further during the forecast period, this in turn increases the consumption of coffee beans.

• The incorporation of coffee beans in natural skin care products has benefited the customers in the global skin care industry.

• Moreover, increase in the trend of out-of-home coffee consumption indicate an increase in the consumption of coffee in recent years.

Coffee Beans Market

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Market Segmentation

Market Segmentation By Geography

Key Findings • In terms of value, the arabica caf beans generated the maximum revenue in 2017 and is expected to grow at a CAGR of 5.5% during the forecast period.

• The pharmaceutical industry is likely to grow at the fastest rate at a CAGR of 6.9% by 2024.

• Europe is expected to dominate the market, registering the CAGR of 5.4% in terms of value.

• Asia-Pacific is projected to show exponential growth in demand throughout 2024, growing at a CAGR 7.6% of in terms of value.

• India and China are expected to witness considerably high growth rates at a CAGR of 10.9% and 9.0% respectively, during the forecast period.

Key Players • • • • • • • • • •

Kicking Horse Whole Beans, Death Wish Coffee La Colombe Corsica Blend Caribou Coffee Luigi Lavazza S.P.A. Illycaff S.p.A. Hawaiian Isles Kona Coffee Company, Ltd. La Colombe Torrefaction, INC. Peets Coffee & Tea, Inc. Coffee Beans International, Inc

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