Liquid Coffee Market Size was valued at USD 24.5 Billion in 2022. The Liquid Coffee market industry is projected to grow from USD 25.5 Billion in 2023 to USD 35.7 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.20% during the forecast period (2023 - 2032). Convenience, the ready-to-drink (RTD) trend, flavor and diversity, the expanding coffee culture, packaging innovation, the trend towards health and wellness, and the ability to enjoy a coffee shop experience at home are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Convenience has been an important market driver for liquid coffee, supporting consumer demand and driving market growth. Consumer tastes and decisions about coffee consumption have been moulded by the growing demand for convenience in all facets of modern life. The fact that convenience may save time is one of the main factors driving the liquid coffee business. Coffee is traditionally brewed by grinding the beans, measuring the appropriate amount, and then waiting for it to finish. This procedure can take a while, especially for people who lead hectic lives or who want to get a caffeine fix right now. By doing away with these procedures, liquid coffee enables users to make a cup of coffee in a matter of seconds or minutes. Customers can have their coffee ready to drink by just adding hot water or pouring the liquid coffee into a cup without the need for elaborate preparation.
Liquid coffee is also accessible, which adds to its convenience beyond time savings. Products made from liquid coffee are generally accessible in a variety of retail locations, including supermarkets, convenience stores, and internet marketplaces. Because of this ubiquitous accessibility, customers may get their preferred coffee drinks whenever and wherever they choose. It eliminates the need to go to cafés or coffee shops, especially in locations with little to no access to these places. Due to its accessibility, liquid coffee has become a popular option for people who wish to drink high-quality coffee but may not have the time or money to routinely visit a coffee shop.
Another feature that increases the portability of liquid coffee products is their convenience. Consumers can enjoy the convenience of ready-to-drink (RTD) coffee products such bottled or canned cold brews and iced coffees while on the go. People can easily transport these items in bags, backpacks, or lunchboxes so they can take their coffee with them whether they travel, commute, or take breaks at work. Many consumers' busy, mobile lifestyles are compatible with this portability feature because it gives them access to instant coffee wherever they are and dunkin donuts energy drink provides a flavorful and invigorating boost to keep you going throughout the day.
The practicality of liquid coffee is further demonstrated by how simple it is to use. Because liquid coffee doesn't require complicated coffee-making tools like coffee makers or espresso machines, a wider range of consumers can enjoy it. It makes preparing coffee easier, especially for those who might lack the knowledge or abilities needed to brew coffee. Anyone may quickly and easily make a cup of coffee with liquid coffee without the requirement for specialised equipment or in-depth training.
In addition to cleanliness and simplicity, convenience is a factor in liquid coffee. Contrary to conventional brewing techniques, which require dealing with coffee grounds, filters, and equipment cleaning, liquid coffee avoids the clutter and inconvenience caused by these activities. Customers don't need to clean up after drinking liquid coffee, making it a tempting option for people who want a hassle-free coffee experience.
Furthermore, convenience and the whole consumer experience are tightly related. Customers can simply customise their coffee preferences using liquid coffee items. Manufacturers ensure that customers may select their favourite coffee options by providing a wide variety of flavours, strengths, and variations to suit different tastes. This element of customisation improves the overall coffee experience by enabling customers to easily access their preferred coffee beverages without the need for elaborate preparation or specific requests. Thus, driving the Liquid Coffee market revenue.
The Liquid Coffee Market segmentation, based on Coffee Type includes Espresso, cappuccino, latte, and other beverages. With 45.45% of market revenue, the Espresso sector dominated the industry. Espresso is a potent coffee drink created by applying high pressure to hot water that has been finely ground coffee beans. It acts as the foundation for several coffee beverages, including cappuccinos, lattes, and Americanos.
The Liquid Coffee Market segmentation, based on Serving Type, includes both hot coffee and cold coffee. The category of hot coffee brought in the most money. In many cultures all throughout the world, hot coffee has a lengthy history. It is engrained in social rituals, daily routines, and events like business meetings and social gatherings. Hot coffee is still consumed and preferred by coffee drinkers in part because of its history and familiarity.
Figure 1: Liquid Coffee Market, by Serving Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Liquid Coffee Market segmentation, based on application, includes take away/delivery and dine-in coffees. The category that brought in the most money was take away/delivery. This market serves customers who favor the portability and convenience of liquid coffee, enabling them to sip their coffee beverages while travelling, working, or engaging in other activities.
The Liquid Coffee Market segmentation, based on foodservice type, includes coffeehouse & beverage shops, bakery shops & restaurants, and others. The category of Coffeehouse & Beverage Shops brought in the most money. Coffee shop franchises with a significant global presence and a broad selection of liquid coffee options for customers include Starbucks, Costa Coffee, and Dunkin'. These businesses are renowned for their skill in making speciality coffee drinks, and they provide brewed coffee, espresso-based drinks, cold brews and iced coffees, among other varieties.
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Liquid Coffee Market dominated this market in 2022 (45.80%). Convenience is a major market driver for liquid coffee in North America. The need for portable and ready-to-drink coffee options has surged as a result of our fast-paced society and on-the-go lifestyle. Customers' desires for convenience are met by the availability of RTD coffee products at supermarkets, convenience stores, and coffee chains. Further, the U.S. Liquid Coffee market held the largest market share, and the Canada Liquid Coffee market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: LIQUID COFFEE MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Liquid Coffee market accounts for the second-largest market share. A long-standing tradition of coffee consumption exists in Europe, which has a rich coffee culture. The demand for liquid coffee products has been fueled by this cultural fondness for coffee. Further, the German Liquid Coffee market held the largest market share, and the UK Liquid Coffee market was the fastest growing market in the European region
The Asia-Pacific Liquid Coffee Market is expected to grow at the fastest CAGR from 2023 to 2032. The consumption of coffee has significantly increased recently in the APAC area. Demand for liquid coffee products has been fueled by rising disposable incomes, urbanisation, and the influence of Western coffee culture. Moreover, China’s Liquid Coffee market held the largest market share, and the Indian Liquid Coffee market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Liquid Coffee market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Liquid Coffee industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Liquid Coffee industry to benefit clients and increase the market sector. In recent years, the Liquid Coffee industry has offered some of the most significant advantages to medicine. Major players in the Liquid Coffee market, including Café Amazon, Café du Monde, Caffè Nero, Coffee Beanery, Costa Coffee, Dunkin'Donuts LLC, Four Barrel Coffee, Gloria Jean’s Coffees, McCafé USA, and Starbucks Corporation, and others, are attempting to increase market demand by investing in research and development operations.
Quick-service restaurant franchisor Dunkin' Brands Group Inc. (Dunkin) is in this business. It operates and franchises eateries and ice cream shops under the names of its subsidiaries, Dunkin' Donuts and Baskin-Robbins. Under the Dunkin' doughnuts brand, the firm sells a variety of doughnuts, bagels, muffins, breakfast sandwiches, and hot and cold coffee. Under the Baskin-Robbins brand, it sells a variety of ice creams and frozen drinks. It does its business through a number of distribution centres both domestically and abroad. Through joint ventures and master franchise agreements, Dunkin' franchises its restaurants.
Starbucks Corp. (Starbucks) is a retailer of speciality coffee. Speciality coffee is roasted, marketed, and sold in stores. The business sells a variety of coffee blends, artisan beverages, goods, and food products through its outlets. Additionally, Starbucks provides ready-made drinks, pastries, whole bean and ground coffee, as well as other libations. Teavana, Starbucks Reserve, Princi, and Ethos are some of its brands. Through its owned and licenced stores, the corporation has a presence in Asia-Pacific, the Middle East, Africa, Europe, and the Americas. In China in addition to Nevada, Pennsylvania, Tennessee, and Washington in the United States, it runs roasting, production, storage, and distribution operations. Seattle, Washington, in the US, is home to Starbucks.
 Key Companies in the Liquid Coffee market include
Liquid Coffee Industry Developments
July 2022Â BLK, Bold Coffee, and Keurig collaborated on the new K-Cup Pod. Through this relationship, a Keurig brewing technology and a well-known coffee brand owned by people of colour were made available to 36 million+ households.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 24.5 Billion |
| Market Size 2023 | USD 25.5 Billion |
| Market Size 2032 | USD 35.7 Billion |
| Compound Annual Growth Rate (CAGR) | 4.20% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Coffee Type, Serving Type, Application, Foodservice Type, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Café Amazon, Café du Monde, Caffè Nero, Coffee Beanery, Costa Coffee, Dunkin'Donuts LLC, Four Barrel Coffee, Gloria Jean’s Coffees, McCafé USA, and Starbucks Corporation |
| Key Market Opportunities | Growing Coffee Culture |
| Key Market Dynamics | Ready-to-drink (RTD) Trend |
Liquid Coffee Market Highlights:
Frequently Asked Questions (FAQ) :
The Liquid Coffee Market size was valued at USD 24.5 Billion in 2022.
The global market is projected to grow at a CAGR of 4.20% during the forecast period, 2023-2032.
North America had the largest share in the global market
The key players in the market are Café Amazon, Café du Monde, Caffè Nero, Coffee Beanery, Costa Coffee, Dunkin'Donuts LLC, Four Barrel Coffee, Gloria Jean’s Coffees, McCafé USA, and Starbucks Corporatio.
The Espresso category dominated the market in 2022.
The Hot Coffee had the largest share in the global market.
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