According to a new report, published by KBV research, The Global Coffee Concentrate Market size is expected to reach $3.6 billion by 2030, rising at a market growth of 5.3% CAGR during the forecast period. In the year 2022, the market attained a volume of 73,245.8 thousand litres, experiencing a growth of 5.1% (2019-2022).
Advancements in brewing technologies and processing methods will likely drive innovation in the market. This may include improved extraction techniques, enhanced preservation methods, and the incorporation of cutting-edge technologies to ensure the quality, freshness, and convenience of coffee concentrate products. Ready-to-drink coffee concentrate formats are likely to expand further. The convenience of pre-packaged, portable options appeals to consumers seeking on-the-go solutions, and the market may witness a variety of new RTD products catering to different tastes and occasions.
The future of the market is characterized by a blend of sustainability, innovation, health-conscious choices, and an ongoing commitment to meeting the diverse preferences of consumers. As the market continues to evolve, adaptation to changing trends and a keen awareness of consumer expectations will be key for industry players to thrive in this dynamic landscape. From busy urban professionals looking for a quick yet satisfying caffeine boost to discerning coffee enthusiasts exploring the nuances of specialty brews, the appeal of coffee concentrates spans a wide spectrum of consumer demographics.
The Caffeinated segment is generating the highest revenue in the Global Coffee Concentrate Market, By Type in 2022; thereby, achieving a market value of $3.0 Billion by 2030. Caffeinated coffee concentrate is a key ingredient in crafting traditional coffee beverages such as lattes, cappuccinos, and americanos. It provides a concentrated coffee flavor that can be diluted to achieve the desired strength. Furthermore, ready-to-drink iced coffee beverages often utilize caffeinated coffee concentrate as a base, providing a smooth and robust coffee taste. It is a popular choice for creating refreshing cold brew iced coffees.
The HoReCa segment is experiencing a CAGR of 6.5% during (2023 - 2030). HoReCa establishments often focus on premium and specialty coffee offerings. This includes unique blends, artisanal preparations, and specialty coffee concentrate beverages that appeal to consumers seeking elevated and distinctive coffee experiences. The HoReCa segment is known for its skilled baristas who craft intricate and customized coffee beverages. Coffee concentrates serve as a base for baristas to create a variety of specialty drinks, enhancing the overall coffee experience for consumers.
Full Report: https://www.kbvresearch.com/coffee-concentrate-market/
The Europe region dominated the Global Coffee Concentrate Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.2 Billion by 2030. The Asia Pacific region is anticipated to grow at a CAGR of 5.8% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 4.9% during (2023 - 2030).
By Type (Volume, Thousand Litres, USD Billion, 2019-2030)
By Distribution Channel (Volume, Thousand Litres, USD Billion, 2019-2030)
By Geography (Volume, Thousand Litres, USD Billion, 2019-2030)
Unique Offerings 
