List of Top Instant Coffee Companies Worldwide 2023 | IMARC Group
Instant coffee, also referred to as coffee powder, is among the most widely consumed beverages made by grinding roasted coffee beans. It enables consumers to quickly prepare a cup of coffee by pouring hot water into the instant mix. Instant coffee is available in concentrated liquid, granulated, and powdered form in sachets or glass jars. Compared to brewed coffee, this powder comprises lower caffeine content but higher amounts of antioxidants, such as magnesium, potassium, calcium, and vitamins B2, B3, and B5. Instant coffee is easy to store and can be efficiently blended with water and milk. In addition to this, regular consumption of this beverage assists in boosting metabolism, improving brain function, and enhancing liver health.
The global instant coffee market size reached US$ 13.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.51% during 2023-2028.
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The escalating product demand, as it is convenient and cost-effective, and the utilization of advanced technologies for producing higher quality variants are among the primary factors driving the instant coffee market. Besides this, the elevating requirement for this powder in preparing various recipes and desserts, including affogato, milkshakes, smoothies, waffles, ganache, cakes, muffins, brownies, and tiramisu, is further augmenting the market growth. Moreover, the leading manufacturers, such as Nestle, Starbucks Corporation, Matthew Algie & Company Ltd., Kraft Foods Inc., Tata Consumer Products Limited, Strauss Group Ltd., Jacobs Douwe Egberts, etc., are introducing new coffee flavors, including mocha, green bean, Italian roast, French vanilla, ginger-bread cookie, cardamom bun, and chocolate caramel to expand their consumer-base, which is also catalyzing the global market. Apart from this, the growing popularity of single-serve packaging formats, owing to the increasing focus on convenience and health consciousness, is acting as another significant growth-inducing factor. Furthermore, the rising need for this beverage among working individuals to boost energy levels and stave off tiredness is expected to bolster the instant coffee market in the coming years.
List of Top Companies Operating in the Instant Coffee Industry Worldwide
- Nestle
- Starbucks Corporation
- Matthew Algie & Company Ltd.
- Kraft Foods Inc.
- Tata Consumer Products Limited
- Strauss Group Ltd.
- Jacobs Douwe Egberts
- Tchibo Coffee International Ltd.
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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