The Latin America, Middle East and Africa Chicory Coffee Market would witness market growth of 8.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Chicory Coffee Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,534.2 Thousands by 2031. The Argentina market is showcasing a CAGR of 9.4% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.7% during (2024 - 2031).
In addition, sustainability is becoming a key focus in this coffee market. Brands are adopting eco-friendly farming practices, reducing carbon footprints, and implementing sustainable packaging solutions. This trend aligns with broader consumer preferences for environmentally responsible products. The market is experiencing a shift towards ethical sourcing, with an emphasis on fair trade practices and supporting local farmers. Transparency in supply chains and certification of sustainable practices are becoming important selling points.
This coffee market is witnessing a wave of innovations reshaping its landscape. These innovations span various production, product development, and consumer engagement aspects. New roasting technologies are being developed to control temperature precisely and roasting time, enhancing the coffee’s flavor and aroma profiles. These techniques allow for consistent quality and customization of roast levels to meet diverse consumer preferences.
The growing food service industry in the UAE drives the inclusion of this coffee in the menus of cafes, restaurants, and hotels. This coffee is being offered as a specialty drink or blended with traditional coffee, catering to diverse consumer preferences. Food service establishments are experimenting with this coffee in innovative recipes, such as chicory-infused desserts, beverages, and even savory dishes, which boosts its visibility and appeal. The expansion of Brazil’s food processing industry encourages greater cultivation of raw materials, including chicory. As the food processing industry grows, there is more investment in agricultural practices, leading to increased chicory production, which supports the domestic coffee market. According to the Brazilian Food Processors Association (ABIA), the country’s food processing sector registered revenues of US$231 billion in 2023, an increase of 7.2% compared to 2022. In conclusion, rising food service industry and growing food processing is driving the growth of the market.
Free Valuable Insights: The Worldwide Chicory Coffee Market is Projected to reach USD 320.9 Million by 2031, at a CAGR of 6.3%
Based on Type, the market is segmented into Conventional, and Organic. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Online, and Others. Based on Product, the market is segmented into Blended Coffee, and Pure Coffee. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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