The instant coffee market reached a volume of 21.5 Million Bags in 2016, growing at a CAGR of 3.6% during 2009-2016. In terms of value, the market was worth US$ 9.9 Billion in 2016.
There are several factors that are driving the growth of global instant coffee market. As instant coffee provides convenience over fresh coffee, it can be easily prepared by anyone. The consumer just needs a cup, boiled water and a stirrer to prepare it. Increasing urbanization and changing lifestyle are the other factors due to which the social trend of coffee consumption is being readily adopted by the youngsters.
The new coffee drinkers in the emerging markets find instant coffee alluring as it comes with many benefits and is able to satisfy their evolving tastes. Innovation is another major factor that helps maintain a perennial demand for instant coffee globally. Manufacturers come up with new innovative ideas to develop and improve the quality, aroma and flavour of the instant coffee so that it tastes just like a freshly brewed coffee. Nowadays, single-serve systems have been developed which are more convenient to carry and consume and thus have witnessed a strong growth in both at-home and out-of-home segments. Such format innovations are driving value growth of instant coffee market in both developed and emerging regions.
The report also provides a comprehensive analysis for setting up an instant coffee manufacturing plant. The analysis includes macro overview of the market as well as micro details of the industry performance, key success and risk factors, processing & manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc.
The report has segmented the instant coffee market on the basis of key regions. Currently, Brazil represents the world's largest producer followed by Vietnam. On the basis of consumption, the US represented the world's largest coffee consumer followed by Germany and Brazil. As tea still accounts for a majority of the share of hot beverages in various parts of the world, coffee consumption in emerging markets like India and China is restricted only to the urban areas with negligible penetration in the rural and semi urban areas. However, the instant coffee industry in the emerging markets is expected to grow significantly faster in the next five years.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
5 Global Coffee Industry
6 Global Instant Coffee Industry
7 Performance of Key Regions
8 Market by Coffee Type
9 Competitive Landscape
10 Instant Coffee Manufacturing Process
11 Project Details, Requirements and Costs Involved
12 Loans and Financial Assistance
13 Project Economics
14 Key Player Profiles
- Mondelez International
- De Masters Blenders 1753
- Strauss Group
For more information about this report visit http://www.researchandmarkets.com/research/s5s7wp/instant_coffee
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets