New York, United States, June 15, 2021 (GLOBE NEWSWIRE) – Overview of the decaffeinated coffee market:
According to a comprehensive research report from Market Research Future (MRFR), “Decaffeinated coffee market – Information by type, category, shape, distribution channel and region – Forecast until 2025”The market is expected to reach $ 21.45 billion, at a CAGR of 6.9% by 2025.
Increase in organic decaffeinated coffee producers to have an impact on the market
The culture of sipping coffee for proactive performance is seen as an important cause of large-scale coffee sales. However, the growing popularity of decaffeinated coffee eventually increased. The rise in awareness of the harmful effects of caffeine, especially among millennials and professionals, is identified as a potential cause that can boost the decaffeinated coffee market. High caffeine overconsumption can lead to high blood pressure, discomfort, and increased anxiety. So, beverage producers introduce products with different percentage of coffee or caffeine free in the drinks providing better convenience to the consumer, the decaffeinated coffee market can grow at a decent rate. Moreover, the increasing demand for organic coffee in the market may open up several opportunities for the decaffeinated coffee market during the study period.
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Key Player Lock Horns:
The main players in the decaffeinated coffee market listed by MRFR are:
- Kraft Heinz Company (United States)
- Colombian ground coffee (Colombia)
- Café Don Pablo (United States)
- Cravium Foods LLP (India)
- Dunkin ‘Brands Group, Inc. (US)
- Nestlé SA (Switzerland)
- Café Lifeboost (United States)
- Kicking Horse Coffee Co. Ltd. (Canada)
- Fresh Roasted Coffee LLC (US)
- Café Volcanica, LLC (Costa Rica)
- Eight O’Clock Coffee Company (United States)
- Luigi Lavazza SPA (Italy)
- Koffee Kult (United States)
- Cafedirect PLC (UK)
- Grindhouse Roasters (United Kingdom)
The existence of a large number of players responding to the growing demand for decaffeinated coffee and the increased investments made by the players to expand their product portfolio are expected to generate considerable income for the market in the near future. The strong competition among these key companies due to product innovation in terms of flavors, packaging and ingredients can contribute to customer expansion which can drive the growth of decaffeinated coffee market.
Growth opportunities in the market:
- Growing Popularity of Arabica Coffee: Growing consumer health concerns are driving the adoption of Arabica coffee around the world. Arabica coffee contains more fat, vitamins and minerals than other types of coffee. Arabica beans also have a more natural sugar content than robust coffee beans. Consumer preference for sweet flavors over bitter flavors is expected to accelerate the growth of the arabica segment during the forecast period.
- Inclination towards ground coffee encourages considerable sales: The predominance of ground coffee due to its ease and ease of brewing has resulted in a dramatic increase in sales of decaffeinated ground coffee. In addition, it is observed that the uniformity of the size of the ground coffee powder plays an essential role in the manufacture of ground coffee, since the geometry of the particle facilitates the maceration of the aroma. The increasing popularity of decaffeinated coffee taste among people may promote the market during the duration of the study.
- The availability of practical substitutes can hold back the upsurge in the market.
Browse the in-depth (111 pages) Decaffeinated Coffee market research report: https://www.marketresearchfuture.com/reports/decaf-coffee-market-8591
Segmentation of the decaffeinated coffee market
The segment analysis of the global decaffeinated coffee market is based on type, category, distribution channel and form.
- The type-based segments of the global decaffeinated coffee market are robusta and arabica.
- The category segments of the deaf coffee market are conventional and organic.
- The form-based market segments are whole and ground. The channel-based segments of the decaffeinated coffee market are in-store and out-of-store.
Arabica-type segment to gain traction
The arabica-like segment is expected to gain popularity during the review period. The increase in disposable income and the growing demand for sweetened coffee are the causes that are expected to drive the decaffeinated arabica coffee market. MRFR analysis reveals that the segment can register the highest CAGR during the review period. The robusta coffee segment is likely to grow at a decent rate due to its easy availability at comparatively lower prices than the arabica type. The segment is expected to gain the largest market share of the global decaffeinated coffee market.
Organic category segment to generate high revenue
The organic category segment is likely to generate decent income by the end of the analysis period. The increased demand for organic products due to the growing awareness of the harmful impact of pesticides on health in the case of conventional agriculture can boost sales of organic decaffeinated coffee. The organic segment is likely to show a high CAGR during the analysis period. The conventional segment can also generate considerable profits due to the ease of purchasing conventional coffee.
Ground coffee to gain popularity
The ground coffee segment is expected to thrive in the coming period due to the growing demand for convenience products. The introduction of modern brewing technologies and the growing popularity of decaffeinated ground coffee among consumers can boost the market. The convenience and ease of brewing, along with the expanding consumer base are expected to generate high revenues for the decaffeinated coffee market during the duration of the study.
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Non-store distribution channel segment to lead
The in-store segments of the decaffeinated coffee market are expected to generate high revenues during the review period. The segment analyzes the segment’s supermarkets and hypermarkets, as well as retail and specialty stores. The MRFR study indicates that the specialty stores segment may dominate the market throughout the analysis period.
The non-store-based market segment studies the sale of products online and several e-commerce portals that offer a variety of solutions providing choices to consumers. Thus, the growth of e-commerce business is likely to cause one non-store segment to gain influence over another.
APAC decaffeinated coffee market to grow at a decent rate
In North America, the decaffeinated coffee market is expected to generate considerable revenue due to the easy availability of several decaffeinated coffees at affordable prices. In Asia Pacific, the decaffeinated coffee market is expected to register the highest CAGR in terms of expected occupancy time. The growing preference for decaffeinated coffee among young people is likely to reinforce the market rise in the years to come.
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