The global cold brew coffee market was valued at USD 604.47 million in 2023, growing at a CAGR of 22.49% from 2024 to 2033. The market is expected to reach USD 4,595.53 million by 2033. The increasing consumption of cold brew coffee globally and the growing popularity of ready-to-drink coffee among consumers are propelling market growth.
Cold brew coffee, also named cold water extraction or cold pressing, steers coffee grounds in water at cool temperatures for an extended period. Cold brewing extracts the flavour along with the caffeine from the coffee beans, producing a flavorful, rich, and stimulating brew. As with traditional coffee, cream, milk, and sugar are frequent add-ins with a cold brew as well. Cold brew coffee is utilized as a beverage in the same way as ordinary brewed coffee. Like regular coffee, it can also be utilized in cooking and baking. Cold brew coffee is usually prepared as an iced drink, but it can also be heated. It can be served with sugar and cream, just like ordinary coffee. Cold brew coffee includes compounds that may reduce the risk of heart disease, including quinides, caffeine, phenolic compounds, trigonelline, magnesium, and lignans. These increase insulin sensitivity, stabilize blood sugar, and lower blood pressure.
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Rise in awareness of coffee: The enormous investments in the research and development of efficient products, along with the rising e-commerce retail sales, are the driving factor of the market growth. Further, the growing trend of coffee culture among the millennials, the growing purchasing power, and the strong presence of cafes are expected to drive market growth over the forecast period. Further, the increasing awareness about its different properties resulting in increasing demand for cold brew coffee is also helping to boost the market growth. Moreover, the rise in coffee consumption is rapid development, rising demand for iced coffee, and growing distribution channels by prominent participants are expected to propel the market growth.
The stringent regulations: The stringent regulations and the surging demand for substitute products hamper the market growth. Additionally, over the last three decades, other cold and hot beverages like RTD coffees such as espresso drinks, frappuccino, mochas, soft drinks, carbonated drinks, roast and ground coffee, green tea, iced tea, coffee pods, nutritional and energy drinks, iced coffee, and cold coffee has grown in popularity and emerged as a challenge the market growth. Moreover, the increasing demand for coffee pods & iced teas and the rising number of vendors offering different innovative flavours of organic tea, iced tea, and green tea are expected to hinder market growth over the forecast period.
The growing preference for cold brew over iced coffee: The increasing preference for cold brew over iced coffee is the opportunity factor of the market growth. Further, the initiatives of the market participants in developing advanced dispensing units to assist with the production of cold brew coffee & the new product launches with diverse tastes are expected to propel the market growth in the upcoming year. Additionally, the rise in customer responsiveness to coffee beans & rapidly increasing health concerns among people are helping to boost market growth. However, the increasing availability of various cold brew coffee and rising urbanization & disposable income are also helping to boost the market growth over the forecast period.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest global cold brew coffee market, with a 49.17% market revenue share in 2023. The number of key companies focusing on introducing new product variants through different distribution channels is expected to propel market growth in this region. Moreover, the growing spending power of millennials & their preferences for coffee over other beverages in Canada & US is helping to boost the market growth over the forecast period. However, the tremendous acceptance of cold brew coffee owing to its refreshing taste and various flavours propel the market growth in this region. The Asia Pacific region will account for the largest market share with revenue growth. This growth is attributed to the surging focus of customers on healthy diet options in terms of convenience food such as RTD coffee with antioxidants. Moreover, rapid urbanization, along with the rising purchasing power of customers, is helping to boost the market growth in this region. However, the growing popularity of cold brew coffee over carbonated beverages due to the adverse health impact of carbonated drink consumption is helping to boost the market growth in this region in the upcoming year.
North America Region Cold Brew Coffee Market Share in 2023 - 49.17%
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The product segment is divided into robusta, arabica, and others. The arabica segment dominated the market, with a market share of around 43.20% in 2023. This growth is attributed to the increasing number of cafes worldwide.
The category segment is divided into traditional and decaf. The decaf segment dominated the market, with a share of around 58.17% in 2023. This growth is attributed to increased customer health awareness.
The distribution channel segment is divided into supermarket & hypermarket, convenience stores, company-owned outlets, online, and others. The company-owned outlets segment dominated the market, with a market share of around 34.06% in 2023. This growth is attributed to the increasing awareness about the adverse health impacts of packaged drinks.
Report Description:
Attribute | Description |
---|---|
Market Size | Revenue (USD Million) |
Market size value in 2023 | USD 604.47 Million |
Market size value in 2033 | USD 4,595.53 Million |
CAGR (2024 to 2033) | 22.49% |
Historical data | 2020-2022 |
Base Year | 2023 |
Forecast | 2024-2033 |
Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
Segments | Product, Category, Distribution Channel |
North America region emerged as the largest market for cold brew coffee.
The market's growth will be influenced by the rising penetration of RTD (Ready Drink) drinks.
The stringent regulations could hamper the market growth.
The growing preference for cold brew over iced coffee will provide huge opportunities to the market.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product
4.3.2. Market Attractiveness Analysis By Category
4.3.3. Market Attractiveness Analysis By Distribution Channel
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The rising consumption of ready-to-drink (RTD) drinks
5.2.2. The growing urban population
5.2.3. The increasing disposable income
5.2.4. The rising e-commerce retail sales
5.3. Restraints
5.3.1. The fluctuation in coffee prices
5.3.2. The stringent regulations
5.4. Opportunities
5.4.1. The popularity of handcrafted and premium products
5.4.2. The growing preference for cold brew over iced coffee
6. Global Cold Brew Coffee Market Analysis and Forecast, By Product
6.1. Segment Overview
6.2. Robusta
6.3. Arabica
6.4. Others
7. Global Cold Brew Coffee Market Analysis and Forecast, By Category
7.1. Segment Overview
7.2. Traditional
7.3. Decaf
8. Global Cold Brew Coffee Market Analysis and Forecast, By Distribution Channel
8.1. Segment Overview
8.2. Supermarket & Hypermarket
8.3. Convenience Stores
8.4. Company-Owned Outlets
8.5. Online
8.6. Others
9. Global Cold Brew Coffee Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Cold Brew Coffee Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Cold Brew Coffee Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Lucky Jack
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Grady’s
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. KonaRed
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Caveman
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Groundwork
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Seaworth Coffee Co
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Sandows
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Stumptown
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Slingshot Coffee Co
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Wandering Bear Coffee
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. ZoZozial
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Nestlé
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. 1degreeC
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Secret Squirrel
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. La Colombe
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
11.16. Califia Farms
11.16.1. Business Overview
11.16.2. Company Snapshot
11.16.3. Company Market Share Analysis
11.16.4. Company Product Portfolio
11.16.5. Recent Developments
11.16.6. SWOT Analysis
11.17. STATION
11.17.1. Business Overview
11.17.2. Company Snapshot
11.17.3. Company Market Share Analysis
11.17.4. Company Product Portfolio
11.17.5. Recent Developments
11.17.6. SWOT Analysis
11.18. High Brew
11.18.1. Business Overview
11.18.2. Company Snapshot
11.18.3. Company Market Share Analysis
11.18.4. Company Product Portfolio
11.18.5. Recent Developments
11.18.6. SWOT Analysis
11.19. Julius Meinl
11.19.1. Business Overview
11.19.2. Company Snapshot
11.19.3. Company Market Share Analysis
11.19.4. Company Product Portfolio
11.19.5. Recent Developments
11.19.6. SWOT Analysis
11.20. Red Thread Good
11.20.1. Business Overview
11.20.2. Company Snapshot
11.20.3. Company Market Share Analysis
11.20.4. Company Product Portfolio
11.20.5. Recent Developments
11.20.6. SWOT Analysis
11.21. Villa Myriam
11.21.1. Business Overview
11.21.2. Company Snapshot
11.21.3. Company Market Share Analysis
11.21.4. Company Product Portfolio
11.21.5. Recent Developments
11.21.6. SWOT Analysis
11.22. Venice
11.22.1. Business Overview
11.22.2. Company Snapshot
11.22.3. Company Market Share Analysis
11.22.4. Company Product Portfolio
11.22.5. Recent Developments
11.22.6. SWOT Analysis
11.23. Cove Coffee Co
11.23.1. Business Overview
11.23.2. Company Snapshot
11.23.3. Company Market Share Analysis
11.23.4. Company Product Portfolio
11.23.5. Recent Developments
11.23.6. SWOT Analysis
11.24. Schnobs
11.24.1. Business Overview
11.24.2. Company Snapshot
11.24.3. Company Market Share Analysis
11.24.4. Company Product Portfolio
11.24.5. Recent Developments
11.24.6. SWOT Analysis
List of Table
1. Global Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
2. Global Robusta, Cold Brew Coffee Market, By Region, 2020-2033 (USD Million)
3. Global Arabica, Cold Brew Coffee Market, By Region, 2020-2033 (USD Million)
4. Global Others, Cold Brew Coffee Market, By Region, 2020-2033 (USD Million)
5. Global Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
6. Global Traditional, Cold Brew Coffee Market, By Region, 2020-2033 (USD Million)
7. Global Decaf, Cold Brew Coffee Market, By Region, 2020-2033 (USD Million)
8. Global Others, Cold Brew Coffee Market, By Region, 2020-2033 (USD Million)
9. Global Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
10. Global Supermarket & Hypermarket, Cold Brew Coffee Market, By Region, 2020-2033 (USD Million)
11. Global Convenience Stores, Cold Brew Coffee Market, By Region, 2020-2033 (USD Million)
12. Global Company-Owned Outlets, Cold Brew Coffee Market, By Region, 2020-2033 (USD Million)
13. Global Online, Cold Brew Coffee Market, By Region, 2020-2033 (USD Million)
14. Global Others, Cold Brew Coffee Market, By Region, 2020-2033 (USD Million)
15. North America Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
16. North America Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
17. North America Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
18. U.S. Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
19. U.S. Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
20. U.S. Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
21. Canada Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
22. Canada Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
23. Canada Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
24. Mexico Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
25. Mexico Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
26. Mexico Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
27. Europe Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
28. Europe Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
29. Europe Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
30. Germany Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
31. Germany Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
32. Germany Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
33. France Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
34. France Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
35. France Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
36. U.K. Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
37. U.K. Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
38. U.K. Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
39. Italy Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
40. Italy Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
41. Italy Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
42. Spain Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
43. Spain Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
44. Spain Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
45. Asia Pacific Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
46. Asia Pacific Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
47. Asia Pacific Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
48. Japan Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
49. Japan Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
50. Japan Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
51. China Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
52. China Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
53. China Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
54. India Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
55. India Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
56. India Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
57. South America Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
58. South America Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
59. South America Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
60. Brazil Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
61. Brazil Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
62. Brazil Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
63. Middle East and Africa Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
64. Middle East and Africa Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
65. Middle East and Africa Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
66. UAE Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
67. UAE Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
68. UAE Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
69. South Africa Cold Brew Coffee Market, By Product, 2020-2033 (USD Million)
70. South Africa Cold Brew Coffee Market, By Category, 2020-2033 (USD Million)
71. South Africa Cold Brew Coffee Market, By Distribution Channel, 2020-2033 (USD Million)
List of Figures
1. Global Cold Brew Coffee Market Segmentation
2. Global Cold Brew Coffee Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top- Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Cold Brew Coffee Market Attractiveness Analysis By Product
9. Global Cold Brew Coffee Market Attractiveness Analysis By Category
10. Global Cold Brew Coffee Market Attractiveness Analysis By Distribution Channel
11. Global Cold Brew Coffee Market Attractiveness Analysis By Region
12. Global Cold Brew Coffee Market: Dynamics
13. Global Cold Brew Coffee Market Share By Product (2023 & 2033)
14. Global Cold Brew Coffee Market Share By Category (2023 & 2033)
15. Global Cold Brew Coffee Market Share By Distribution Channel (2023 & 2033)
16. Global Cold Brew Coffee Market Share By Regions (2023 & 2033)
17. Global Cold Brew Coffee Market Share By Company (2023)
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global cold brew coffee based on below mentioned segments:
Global Cold Brew Coffee Market by Product:
Global Cold Brew Coffee Market by Category:
Global Cold Brew Coffee Market by Distribution Channel:
Global Cold Brew Coffee by Region:
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