The global cold brew coffee market will grow at a CAGR of 14.10% during the forecast period 2019 to 2025. The market for cold brew coffee is set to reach US$507.93 million by 2025. As per cold brew coffee market analysts, the global market is anticipated to witness growth owing to the factors such as the demand for on-the-go beverages as well as the wide availability of substitute products. However, the cold brew coffee market will face challenges and restraints due to the easy availability of a variety of substitutes and the fluctuating raw material prices during the forecast period 2019 to 2025.
Market Segmentation
The cold brew coffee market has been segmented into category, type, and distribution channels. Based on the segment which is the category, the market is categorized on the basis of traditional and decaf. The global market for cold brew coffee is further segmented based on distribution channels into store-based and non-store-based. Furthermore, the market, on the basis of type, is segmented into Arabica, Robusta, and others.
Regional Overview
High competition may hinder the cold brew coffee market growth. The cold brew coffee market research report suggests that companies in the cold brew coffee market could be supported by benefits such as low acidic and caffeine content as well as the growing awareness during the forecast period. The cold brew coffee market is set to register growth at a high CAGR owing to these key factors. The cold brew coffee market is spread across North America, Europe, Asia-Pacific, and other parts of the world. As per cold brew coffee market analysts, the cold brew coffee market is set to witness tremendous growth across category, type, and distribution channels segments. The global cold brew coffee market’s North American region covers cold brew coffee markets across the United States, Mexico, Canada, and others. Businesses present in the cold brew coffee market are also profiled and their strategies have been presented in detail in the cold brew coffee market research report.
The cold brew coffee market across the European region covers Italy, France, Germany, and the United Kingdom. Furthermore, the cold brew coffee market research report provides details about the APAC region covering cold brew coffee markets from China, India, Australia, Japan, and others. The cold brew coffee market is also active across several other parts of the world. The cold brew coffee market report covers all these key regions including the Middle East, Africa, Brazil, and others active in the global cold brew coffee market..
Competitive Landscape
Cold brew coffee has seen tremendous growth, due to innovative products and market players exploring untapped opportunities. However, decreasing profit margins and availability of substitutes would challenge the companies active in the cold brew coffee market. Furthermore, companies using growth strategies to stay ahead in the global cold brew coffee market are expected to help the market during the forecast period 2019 to 2025. As the cold brew coffee market report suggests that the cold brew coffee market will register a CAGR of 14.10% and reach a US$507.93 million by 2025, the market report highlights key areas cold brew coffee market based companies need to focus on. The cold brew coffee market research report projects a long term growth till 2025. Based on cold brew coffee market’s analysis on the basis of SWOT and Porters’ Five Force Model, the cold brew coffee market will rise during the forecast period 2019 to 2025, however the companies need to move ahead with caution. The cold brew coffee market research report highlights such key areas.
Industry News
By acquiring Chameleon Cold-Brew, a leading distributor of quality coffee that is consciously produced and produced sustainably, Nestlé USA continues to diversify its coffee portfolio. Founded in 2010, Chameleon has become the leading company in the United States for organic cold-braw and one of the three top cold-braw cooled brands in the United States. Chameleon brands can be used in a wide range of formats: cold-brew ready-to-drink, cold-brew concentrate, kegs, cold-brew packs and whole coffee beans. The purchase corresponds to Nestlé's emphasis on chocolate, petcare, child feeding and bottled water for large-scale food and beverage categories.
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