Kenneth Research, in its repository of market research reports, have recently added a report on Global Coffee Beans Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031.
Global Coffee Beans Industry was valued at USD XX Billion in the year 2017. Global Coffee Beans Industry is further estimated to grow at a CAGR of 6.4% from 2019 to reach USD 16.63 Billion by the year 2025. Coffee beans are seeds of Coffee plants used to make diverse drinks of Coffee. Despite the fact that they are seeds, they are known as beans because of their appearance same as beans. There are two noteworthy sorts of Coffee beans, arabica and robusta, which are unmistakable in the business. Brazil is the greatest maker of arabica beans, while Vietnam is the biggest maker of robusta beans. Arabica beans develop effortlessly and can be cooked effectively. In this way, they are produced in immense volumes in the Coffee beans industry. Then again, robusta is picking up conspicuousness inferable from having thrice the measure of caffeine and being progressively impervious to creepy crawly and sickness safe when contrasted with arabica.
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Major market players in the Coffee Beans Industry are Backyard Beans Coffee Company, Caribou Coffee Company Inc., Coffee Bean Direct LLC., Death Wish Coffee Co., Illycaffè S.p.A., Gold Coffee Company, The East India Company Ltd, The Ethiopian Coffee Company, La Colombe Torrefaction Inc., Luigi Lavazza S.p.A., and brief information of other 10 companies will be provided in the report. Rising research and development expenses to address the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.
Asia Pacific region holds the highest Industry share in 2017 and LAMEA (Latin America, Middle East & Africa) is considered as the fastest growing Industry in the forecasted period. At country level, China, Japan, India, Australia, and Indonesia are the major industries in Asia Pacific region and LAMEA is one of the emerging regions in terms of coffee consumption, as Brazil, South Africa, Saudi Arabia, and Turkey offer potential opportunities for the coffee beans Industry and it is projected to grow at a gradual pace in the coming years
SWOT Analysis of Coffee Beans Industry:
Strength:
Increase in Demand from Processed Food Industry
Growing coffee consumption
Weakness:
Availability of substitutes, such as tea
Opportunities:
Developing economies and investments in emerging regions
Increasing in global trade activities of the developing economies
Threats:
Price Instability of Coffee Beans
The global Coffee Beans Industry is segmented on the basis of product type, by end use and by region. On the basis of product type the Industry is segmented as Arabica, Robusta and Others of which Arabica segment is expected to hold the highest Industry share during the forecast period and are expected to grow with highest CAGR.
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Coffee Beans Industry Segmentation:
By End use
• Personal Care
• Food
• Pharmaceutical
By Product
• Arabica
• Robusta
• Others
By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa
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