Instant Coffee Market Size To Reach US$ 18.3 Billion by 2028 | IMARC Group

According to the latest report by IMARC Group, title “Instant Coffee Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, 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.

Instant or soluble coffee refers to a beverage derived from dried coffee extracts that enables the consumers to prepare coffee quickly by just adding water to it. It is available in granulated, concentrated liquid and powered form in sachets or glass jars. Instant coffee has lower caffeine content than brewed coffee, however, it contains a high amount of antioxidants. The consumption of instant coffee offers similar health benefits to brewed coffee, such as enhancing brain function, boosting metabolism, improving liver and mental health, etc.

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Instant Coffee Market Trends:

In recent years, the instant coffee manufacturers have introduced organic coffee as well as several new flavours. Along with this, they are using advanced technologies for producing higher quality coffee, thereby, boosting the demand for instant coffee globally. Additionally, as instant coffee accords convenience to the consumers to prepare coffee in less time, it has catalysed the growth of the market worldwide. Moreover, single-serve packaging formats are rapidly gaining popularity due to increasing focus on convenience and health-consciousness. This is anticipated to provide a positive impact to the market growth. Some of the other factors fuelling the global instant coffee market include rising urbanisation, premiumisation, affordability and longer shelf life. However, the usage of acrylamide in instant coffee has been associated with a number of adverse health effects which, in turn, is hampering the global instant coffee market.

Instant Coffee Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the instant coffee market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Nestle
  • Starbucks Corporation
  • Matthew Algie & Company Ltd.
  • Kraft Foods Inc.
  • Tata Consumer Products Limited
  • Strauss Group Ltd.
  • Jacobs Douwe Egberts
  • Tchibo Coffee International Ltd.

Key Market Segmentation:

Breakup by Product Type:

  • Spray Dried
  • Freeze Dried

Breakup by Packaging:

  • Jar
  • Pouch
  • Sachet
  • Others

Breakup by Distribution Channel:

  • Business-To-Business
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others

Breakup by Region:

  • Europe
  • Asia-Pacific
  • North America
  • Latin America
  • Middle East and Africa

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Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

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.

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.

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.

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