DUBLIN, Jan. 14, 2021 /PRNewswire/ -- The "Instant Coffee - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 8th edition of this report. The 179-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Instant Coffee Market to Reach $43.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Instant Coffee estimated at US$34 Billion in the year 2020, is projected to reach a revised size of US$43.1 Billion by 2027, growing at a CAGR of 3.5% over the period 2020-2027.
Spray-dried, one of the segments analyzed in the report, is projected to record 3.8% CAGR and reach US$30.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Freeze-dried segment is readjusted to a revised 2.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $9.2 Billion, While China is Forecast to Grow at 6.3% CAGR
The Instant Coffee market in the U.S. is estimated at US$9.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$9 Billion by the year 2027 trailing a CAGR of 6.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.
Competitors identified in this market include, among others:
- Jacobs Douwe Egberts B. V.
- Nestec, Inc.
- Starbucks Corporation
- The J. M. Smucker Company
- The Kraft Heinz Company
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Instant Coffee Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- Total Companies Profiled: 41
For more information about this report visit https://www.researchandmarkets.com/r/ru0p7x
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SOURCE Research and Markets