According to the latest report by IMARC Group, titled “Instant Coffee Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global instant coffee market reached a value of US$ 12.1 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 5.1% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Instant coffee, also known as coffee powder, refers to the widely consumed beverage made by grinding roasted coffee beans. It allows consumers to prepare a cup of coffee by pouring hot water into the instant coffee mix. Instant coffee comprises of higher amounts of antioxidants but lower caffeine content as compared to brewed coffee. It aids in enhancing metabolism, improving brain function, strengthening liver health, etc.
Several leading manufacturers are introducing new coffee flavors in the market, including mocha, green bean, ginger-bread cookie, cardamom bun, chocolate caramel, etc., to expand their consumer base, driving the instant coffee market. In line with this, the growing consumption of premium instant coffee products, primarily in emerging markets, is further catalyzing the product demand. Besides this, the inflating disposable incomes, elevating levels of urbanization, and altering food patterns of the consumers across the globe are expected to fuel the instant coffee market over the forecasted period.
Instant Coffee Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the instant coffee market has been studied in the report with the detailed profiles of the key players operating in the market.
Competitive Landscape with Key Players:
- Nestle
- Starbucks Corporation
- Matthew Algie & Company Ltd.
- Kraft Foods Inc.
- Tata Global Beverages
- Strauss Group Ltd.
- Jacobs Douwe Egberts
- Tchibo Coffee International Ltd.
Key Market Segmentation:
The report has segmented the instant coffee market on the basis of packaging, product type, distribution channel and region.
Breakup by Packaging:
- Jar
- Pouch
- Sachet
- Others
Breakup by Product Type:
- Spray Dried
- Freeze Dried
Breakup by Distribution Channel:
- Business-To-Business
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Breakup by Region:
- Europe
- Asia-Pacific
- North America
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- 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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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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