ID: MRFR/CR/6348-CR | February 2021 | Region: Global | 111 pages
Cold Brew Coffee Market is expected to register a CAGR of 14.01% and reach USD 654.91 Million by 2027. Cold brew coffee is made with roasted, ground coffee. The coffee is steeped in water at ambient or cooler temperatures. The steeping and brewing process often requires 12 to 24 hours. Factors such as contact time, temperature, roast level, grind size, pressure, and steeping method influence the final brew composition and flavor of the final product. The growth of the market is directly proportional to the demand for on-the-go beverages due to extensive promotional activities by market players about their recent launches across the globe. However, the wide availability of substitute products such as iced tea, iced matcha drinks, and cold herbal teas are estimated to pose limitations for the growth of the cold brew coffee industry.
The cold brew coffee market is expected to register significant growth during the forecast period. The cold brewing process requires the use of room-temperature or cold water, which makes the coffee taste slightly sweeter, milder, and less acidic than regular coffee. Cold brew coffee has gained popularity in recent years owing to the rising awareness regarding its benefits such as low acidic and caffeine content. Additionally, high demand for on-the-go drinks has significantly contributed to the rising requirement for cold brew coffee. Moreover, developing countries offer opportunities for the players in the global market. However, easy availability of a variety of substitutes such as regular coffee, tea, and traditional beverages are expected to restrain the growth of the market. Fluctuating raw material prices and high competition are major challenges faced by manufacturers.
Global Cold Brew Coffee Market Revenue, by Type, 2025 (USD Million)
Sources: MRFR Analysis
On the basis of type, the global market has been divided into arabica, robusta, and others. The arabica segment is expected to dominate the global market and be valued at USD 440.9 million by the end of 2025. Arabica has a wide range of health benefits such as anti-bacterial properties that maintain mouth health, lowers stress, improves metabolism, and promotes skin hydration. These factors are expected to propel the growth of the segment.
Global Cold-Brew Coffee Market Share, by Region, 2018 (%)
Sources: MRFR Analysis
North America is expected to constitute a dominant share of the market during the forecast period. The region accounted for 39.19% share of the market in 2018. The US and Mexico are among the major contributors to the growth of the market. The North American market holds a prominent share of the global market. The market in the region is projected to register the highest CAGR of 16.62% during the forecast period of 2020 to 2027. The US is estimated to constitute a dominant share of the market during the forecast period. Key manufacturers in North America are expanding their portfolios by introducing cold brew coffees charged with nitrogen. This, in turn, is significantly driving the growth of market in the region.
Prominent players in the global market include 1degreeC Pte. Ltd (Singapore), Venice Cold Brew, LLC (US), Julius Meinl Industrieholding GmbH (Austria), ZoZozial Coffee Roasters ApS (Denmark), Grady's Cold Brew (US), Station Cold Brew Company (Canada), Starbucks Corporation (US), Sandows London Limited (UK), Red Thread Coffee Co. (US), Wandering Bear Coffee (US), Nestlé S.A. (Switzerland), Califia Farms LP (US), JAB Holding Company (Luxembourg), Lucky Jack, LLC (US), High Brew Coffee (US), La Colombe Torrefaction, Inc. (US), Groundwork Coffee Company Inc. (US), KonaRed Corp (US), Slingshot Coffee Co. (US), and Seaworth Coffee Co. (US).
Players operating in the global market are focusing on strengthening their geographic footprints by entering untapped markets and launching innovative products.
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Frequently Asked Questions (FAQ) :
cold brew coffee market is touted to touch USD 507.93 million by 2025.
cold brew coffee market is expected to register 14.10% from 2019 to 2025.
cold brew coffee market is driven by the demand for on-demand beverages by consumers.
Availability of products such as iced tea, cold herbal teas, and iced matcha drinks can hamper the global cold brew coffee market.
Nestlé S., KonaRed Corp, Seaworth Coffee Co., JAB Holding Company, Califia Farms LP, Sandows London Limited, La Colombe Torrefaction, Inc., Starbucks Corporation, Grady's Cold Brew, Wandering Bear Coffee, ZoZozial Coffee Roasters ApS, 1degreeC Pte. Ltd, Venice Cold Brew, LLC, Red Thread Coffee Co., Lucky Jack, LLC, Station Cold Brew Company, High Brew Coffee, Groundwork Coffee Company Inc., Slingshot Coffee Co., and Julius Meinl Industrieholding GmbH are major players of the global cold brew coffee market.