Market Overview:
The global green coffee market was valued at USD 38.37 billion in 2023. It is expected to grow from USD 39.97 billion in 2024 to USD 56.14 billion by 2032, with a projected CAGR of 4.34% during the forecast period (2024-2032). The U.S. green coffee market is anticipated to expand significantly, reaching an estimated USD 10.99 billion by 2032, driven by increasing consumer awareness of its health benefits. Europe led the market in 2023, holding a 33.39% share.
The market is gaining momentum from the rising consumer awareness of the various health benefits of the product among consumers. The product is also gaining popularity in nutraceutical products and dietary supplements. Fortune Business Insights presents this information in its report titled “Green Coffee Market, 2024-2032."
Over the past few years, green coffee has become highly popular worldwide. The growing demand is driven by consumers' increasing interest in functional foods and beverages, as well as plant-based dietary supplements. Specialty coffee varieties, including green coffee beans, are drawing a significant consumer base globally. As disposable incomes rise, consumers are more willing to spend on premium-quality food and beverage products. These trends are expected to support market growth in the coming years.
List of Key Players Profiled in the Report:
Segments:
Based on type, the market is bifurcated into Arabica and Robusta.
On the basis of end product, the market is divided into roasted coffee, green coffee bean extract, and instant/soluble coffee.
Geographically, the market is split into North America, South America, Asia Pacific, Europe, and the Middle East & Africa.
Source: https://www.fortunebusinessinsights.com/green-coffee-market-106635