Market Overview:
The Global Green Coffee Market is estimated at USD 36.9 Billion in the year 2022 and is projected to reach a revised size of USD 51.48 Billion by 2030, growing at a CAGR of 4.25% over the period 2023-2030.
Green coffee consists of unroasted beans from Coffea fruits, containing higher chlorogenic acid content than roasted coffee. It is believed to provide health benefits, such as lowering blood pressure and influencing blood sugar and metabolism. Although it contains less caffeine than regular coffee, it is commonly used as a weight reduction supplement and in skin care products for various benefits. However, scientific data supporting its uses for treating obesity, diabetes, high blood pressure, and high cholesterol are limited.
Top Key Players for Green Coffee Market:
The Hamburg Coffee Company (Germany), Neumann Kaffee Gruppe (Germany), Merchants of Green Coffee (U.S.), Belco S.A. (France), Starbucks Corporation (U.S.), Nordic Approach S.A. (Norway), Golden Bean Trade (Brazil), Atlantica Coffee (Brazil), Group MAGNUS BRAZIL-The Green Coffee Brazil (Brazil), WS Cafe (Vietnam), Peet’s Coffee (US), Keurig Green Mountain Inc (US), Nestlé S.A. (Switzerland), The Procter & Gamble Company (US), Tchibo (Germany), Louis Dreyfus Company (Netherlands), and Other Major Players.
Market Dynamics and Factors for Green Coffee Market:
Drivers:
The Rising Awareness Regarding the Health Benefit
Green coffee bean is a popular dietary supplement known for promoting weight loss by burning glucose and fat, reducing carbohydrate absorption, and regulating lipid profile due to the presence of chlorogenic acid. It also helps in reducing inflammation, normalizing blood sugar levels, and improving heart health by decreasing blood pressure. Additionally, green coffee acts as a natural detoxifier, boosting the immune system and optimizing overall health. These benefits drive the demand for green coffee in the market.
Opportunities:
Specialty Coffee Is Gaining Popularity
Increasing consumer income drives higher coffee purchases, as seen in their willingness to pay more for the product. Online subscription services simplify the process, with consumers paying roasters for freshly roasted coffee regularly. These services offer a variety of coffee types, allowing customers to explore different origins and processing methods. Coffee roasters leverage coffee software and e-commerce platforms for large-scale subscription services and direct-to-customer sales, presenting a market growth opportunity. The rising popularity of specialty coffee among millennials enhances the demand for green coffee, given its unique tastes, aromas, health benefits, and superior quality, providing profitable opportunities in the worldwide green coffee market.
Segmentation Analysis of the Green Coffee Market:
By Variety, the Arabica segment is Anticipated to Dominate the Market Over the Forecast period. Arabica beans are the most regularly produced variety and are regarded as being of higher quality. They are one of the most popular and well-known types of coffee beans. In fact, nearly sixty percent of all coffee beans produced worldwide are Arabica.
By End-Product, the Arabica variety dominates the Green Coffee market due to its superior taste, aroma, and higher demand for specialty coffee products.
Regional Analysis of the Green Coffee Market:
Europe is expected to dominate the market over the forecast period, driven by increased demand for raw coffee beans for further processing in roasted and instant coffee, especially among health-conscious customers. These extracts are also used to create functional beverages and sports drinks, with gyms and fitness facilities promoting such beverages, contributing to market expansion. The region's growth in specialty coffee demand in countries like Italy, Germany, and Spain will further boost the market. However, the value of green coffee imports in Europe declined slightly in 2021 due to coffee price changes driven by global supply and demand, currency market volatility, and investments in coffee commodities by hedge funds and pension funds. Factors like severe weather conditions, rising shipping container prices, and production losses in major coffee-producing countries have also impacted coffee prices and futures markets.
Key Industry Development:
In May 2022, Café Holdings, an Oregon-based company specializing in CBD/CBG production, partnered with Iron Eye Industries Inc. to develop a blockchain platform for the green coffee industry. The collaboration aims to tackle poverty among smallholder coffee farmers and promote sustainability in the sector.
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- US
- Canada
- Mexico
Eastern Europe
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Russia
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
