The global decaffeinated coffee market achieved a size of USD 3.18 Billion in 2022 and is poised to reach USD 6.76 Billion by 2032, displaying a robust revenue compound annual growth rate (CAGR) of 6% over the forecast period. This growth can be attributed to several key factors, including an increasing consumer appetite for specialty coffee products, heightened public awareness regarding the health benefits of decaffeinated coffee, and a rising population of individuals who are sensitive to caffeine.
The burgeoning demand for decaffeinated coffee is compelling manufacturers to innovate and develop new solutions that cater to consumer preferences for flavor and quality. As a result, decaffeinated coffee options are becoming increasingly prevalent on the menus of specialty coffee shops, cafes, and restaurants, thereby bolstering market revenue growth.
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Top Companies:
- Starbucks Corporation
- M. Smucker Company
- Nestle S.A.
- Keurig Dr Pepper Inc.
- Jacobs Douwe Egberts
- Trung Nguyen International
- DE Master Blenders 1753 N.V.
- Death Wish Coffee Company
- La Colombe Coffee Roasters
- Lavazza S.p.A.
- illycaffè S.p.A.
Here are some key trends:
- Health and Wellness Focus: Consumers are increasingly health-conscious, and this has led to a growing demand for decaffeinated coffee. People are seeking alternatives to regular coffee to reduce caffeine intake and mitigate potential health risks associated with excessive caffeine consumption.
- Sustainability and Ethical Sourcing: Just like in the regular coffee market, sustainability and ethical sourcing have become important considerations for decaffeinated coffee consumers. There's a trend toward supporting brands that use sustainable and environmentally friendly decaffeination methods and source coffee beans responsibly.
- Variety and Flavor Innovation: Manufacturers have been introducing a wider variety of decaffeinated coffee options to cater to different flavor preferences. This includes single-origin decaffeinated coffees and flavored decaffeinated options to meet the demands of a diverse consumer base.
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To assist readers in making profitable business decisions, the report is written with the help of industry analysts, market segmentation, and data collection. In addition to providing a comprehensive database of technological and product advances, the report provides detailed information on growth rates, market values, as well as niche market segments.
This report analyzes the Decaffeinated Coffee market in terms of growth rate, market share, current and emerging trends, production and consumption ratios, industrial chains, demand and supply, imports, exports, revenue contribution, and key player presences in key regions. As a part of the report, a country-by-country analysis of the Decaffeinated Coffee market is provided to gain a deeper understanding of its growth and progress.
The global Decaffeinated Coffee market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Type Outlook:
- Solvent-based
- Swiss Water Process
- Others
End-Use Outlook:
- Household
- Food Service
- Others
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