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Cold-Brew Coffee Market Size Was Valued at USD 2.1 Billion in 2023 and is Projected to Reach USD 16.22 Billion by 2032, Growing at a CAGR of 25.5% From 2024-2032.
Cold-brew coffee refers to the process of making coffee by soaking coarsely ground coffee beans in cold water for a long time; this gradual steeping extracts flavor compounds from the beans without using heat, producing a smooth and less acidic beverage. The concentrate is subsequently mixed with water or milk and presented over ice. Cold-brew coffee is famous for its robust taste and reduced acidity compared to conventional hot-brewed coffee.
Cold brew, known for its smooth flavor and reduced acidity compared to conventional hot-brewed coffee, has become popular with both coffee lovers and casual drinkers. The market environment features a variety of participants, such as well-known coffee chains, specialty coffee cafés, and independent producers. Furthermore, the introduction of ready-to-drink (RTD) cold-brew coffee products has further broadened the market reach, increasing the accessibility of cold brew for consumers who are on the move.
Advancements in packaging and distribution have significantly contributed to market growth, as manufacturers have launched new options like canned cold brew and concentrated cold-brew coffee kits for brewing at home.
Top Key Players Covered In Cold-Brew Coffee Market
Califia Farms (United States), Grady’s (United States), Seaworth Coffee Co (United States), Slingshot Coffee Co (United States), KonaRed (United States), Venice (United States), Groundwork (United States), Secret Squirrel (United States), 1degreeC (United States), Cove Coffee Co (United States), Schnobs (United States), STATION (United States), Sandows (United Kingdom), ZoZozial (Netherlands), Julius Meinl (Austria), Tata Coffee (India), and other major players.
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Cold-Brew Coffee Market Trend Analysis
The growing popularity of ready-to-drink (RTD) coffee beverages provides convenience and portability, aligning with the fast-paced lifestyles of today's consumers. Cold-brew coffee, recognized for its milder and lower acidity flavor compared to conventional brewed coffee, has gained considerable favor among coffee lovers looking for distinct tastes and experiences.
Additionally, the increasing demand for convenient refreshment choices has driven the popularity of cold-brew coffee, as it removes the necessity for brewing tools and can be enjoyed directly from the can or bottle. The aspect of convenience attracts busy professionals, students, and commuters who value efficiency while maintaining quality.
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Segmentation Analysis of the Cold-Brew Coffee Market
Cold-Brew Coffee Market Segmented based on Product, Category, and Distribution Channel.
By Product
· Arabica-Based Cold Brew Coffee
· Robusta-Based Cold Brew Coffee
· Liberica-Based Cold Brew Coffee
By Category
· Traditional
· Decaf
By Distribution Channel
· Company-Owned Outlets
· Convenience Stores
· Online
· Supermarket And Hypermarket
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By Region
• 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)
Finally, this Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
The Study Objectives are:
· A comprehensive insight into key players operating in the Cold-Brew Coffee Market and their corresponding data.
· It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
· Regional analysis, which includes insight into the dominant market and corresponding market share.
· It also includes various socio-economic factors affecting the evolution of the market in the region.
· The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.
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