Cold Brew Coffee Market– Statistics And Analysis & Forecast To 2025


The global cold brew coffee market size is expected to reach USD 1.63 billion by 2025 registering a CAGR of 25.1%, according to a new report by Grand View Research, Inc. Popularity of artisanal and premium products along with changing consumer demands has opened up growth opportunities for the global market. Innovations in RTD coffee category due to rising demand for specialty products is also driving the market.
Along with the original pioneers, such as Stumptown, Grady’s, and Chameleon Cold Brew, many foodservice artisans and craft coffee joints launched cold brew versions, such as Peet’s Coffee and Tea, Dunkin’ Donuts, and Starbucks, thereby spurring the growth of the global market.Company owned stores segment held the largest market share of more than 50% in 2018 due to consumer preference for specialty coffees. For instance, RISE Brewing Co. had remarkable success in establishing a market position through their specialty channels and independent stores.
Some of the key companies operating in the global market include Califia Farms, JAB Holding Company, HighBrewCoffee, Kohana Coffee, Nestlé, La Colombe Torrefaction, Starbucks, RISE Brewing Co., Sleepy Owl, and Heartland Food Products Group.
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https://www.grandviewresearch.com/industry-analysis/cold-brew-coffee-market/request/rs4
Further key findings from the study suggest:
·         Company owned outlets was the largest distribution channel segment in 2018 and is projected to expand further at a healthy CAGR from 2019 to 2025
·         The online channels segment is estimated to witness the fastest CAGR of 26.4% over the forecast period
·         North America was the largest regional market in 2018 primarily driven by U.S. due to higher spending power of consumers and their preference for coffee over other beverages
·         Asia Pacific is expected to register the highest CAGR of 29.4% from 2019 to 2025 due to high demand for cold brew
·         Some of the key companies in the cold brew coffee market include Califia Farms, JAB Holding Company, HighBrewCoffee, Kohana Coffee, Nestlé, La Colombe Torrefaction, Starbucks, RISE Brewing Co., Sleepy Owl, and Heartland Food Products Group
The online distribution channel is projected to expand at the highest CAGR from 2019 to 2025. Other distribution channels, such as convenience stores and supermarkets & hypermarkets, are also expected to witness significant growth in the next few years. Companies, such as Starbucks, RISE Brewing Co., Sleepy Owl, and Dr Pepper, are targeting grocery channels, online retails, and convenience stores to increase their sales.
For instance, Starbucks introduced its cold brew products in U.S. grocery and convenience stores in the past few years and is now focusing on online channels to expand its global reach. Companies, such as Starbucks, have opened their stores in these countries due to potential growth opportunities.
Company owned outlets segment held the largest market share in 2018. Rising consumer preference for specialty coffees offered by company outlets is driving the segment. For instance, RISE Brewing Co. had remarkable success in establishing a market position through their specialty channels and independent stores.
Browse Press Release of this report:
https://www.grandviewresearch.com/press-release/global-cold-brew-coffee-market
Drive by U.S., North America was the largest regional market in 2018 and accounted for more than 70% of the overall share.According to the U.S. Department of Agriculture, coffee consumption in U.S. was up by 1.5% in 2016 due to the increasing spending power of millennials and their preference for coffee over other beverages. Moreover, a number of key companies are focusing on introducing new variants of the product through various distribution channels, which is also likely to have a positive impact on the cold brew coffee market.
Grand View Research has segmented the global cold brew coffee market on the basis of distribution channel:
Cold Brew Coffee Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
·         Supermarkets & Hypermarkets
·         Company Owned Outlets
·         Convenience Stores
·         Online
Other distribution channels, such as convenience stores and supermarkets & hypermarkets, are also expected to witness significant growth in the next few years. Companies, such as Starbucks, RISE Brewing Co., and Dr Pepper are targeting grocery channels and other convenience stores to increase their customer base. Starbucks introduced its cold brew products in U.S. grocery and convenience stores in the past few years and is focusing on online channels to strengthen its global presence.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.



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