Cold Brew Coffee Market Insights
According to MRFR analysis, the global Cold Brew Coffee Market is expected to register a CAGR of 11.74% from 2022 to 2030 and hold a value of over USD 3.2 billion by 2030.
The cold brew coffee market refers to the global industry that produces and sells cold brewed coffee, which is made by steeping coffee grounds in cold water for an extended period. Cold brew coffee has become increasingly popular in recent years due to its smoother, less acidic taste and perceived health benefits.
The global cold brew coffee market is driven by changing consumer preferences and the growing demand for convenient, on-the-go coffee options. The market is also influenced by the increasing popularity of specialty coffee and the availability of new flavors and varieties.
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Regional Analysis
The North American cold brew coffee market is the largest in the world, with the United States being the largest market in the region. The market is driven by increasing consumer demand for specialty coffee and the growing popularity of on-the-go coffee options. Consumers in this region tend to prefer sweeter, flavored varieties of cold brew coffee.
The European cold brew coffee market is a growing market, driven by the increasing popularity of specialty coffee and the availability of new flavors and varieties. Consumers in this region tend to prefer unsweetened, black cold brew coffee.
The Asia-Pacific cold brew coffee market is a rapidly growing market, driven by the increasing popularity of coffee culture and the availability of new flavors and varieties. Consumers in this region tend to prefer sweeter, flavored varieties of cold brew coffee, with a preference for fruity and floral flavors.
Market Segmentation
The Global Cold Brew Coffee market has been segmented into Type, Category, and Distribution Channel.
Based on the Type, the market has been segmented into Arabica, Robusta, and others.
Based on the Category, the market has been segmented into Traditional and Decaf.
Based on the Distribution Channel, the market has been segmented into Store-Based, and Non-Store-Based
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Key Players
Some of the key market players are Nestlé S., KonaRed Corp, Seaworth Coffee Co., JAB Holding Company, Califia Farms LP, Sandows London Limited, La Colombe Torrefaction, Inc., Starbucks Corporation, Grady’s Cold Brew, Wandering Bear Coffee, ZoZozial Coffee Roasters ApS, 1degreeC Pte. Ltd, Venice Cold Brew, LLC, Red Thread Coffee Co., Lucky Jack, LLC, Station Cold Brew Company, High Brew Coffee, Groundwork Coffee Company Inc.
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