The cold brew coffee market is expected to grow by USD 1.119 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the cold brew coffee market in optimistic, probable, and pessimistic forecast scenarios.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. As per Technavio's pandemic-focused market research, market growth is likely to increase as compared to 2019.
This post-pandemic business planning research will aid clients to:
Adjust their strategic planning to move ahead once business stability kicks in.
Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
Conceptualize scenario-based planning to mitigate future crisis situations.
Key Considerations for Market Forecast:
Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
Pre- as well as post-COVID-19 market estimates
Quarterly impact analysis and updates on market estimates
Major Three Cold Brew Coffee Market Participants:
HighBrewCoffee offers peppermint mocha, Mexican vanilla, double espresso, dark chocolate mocha, black and bold, creamy cappuccinos protein, salted caramel, espresso triple shot, vanilla bean triple shot, black triple shot, toasted coconut latte, and bourbon vanilla latte.
La Colombe Torrefaction Inc.
La Colombe Torrefaction Inc. offers hard cold brew, nitro cold brew, cold brew, cold brew draft latte in different flavors such as real vanilla, oat milk and real caramel, real cocoa, milk and cane sugar, coconut milk, real lemonade, and milk and cane sugar.
RISE Brewing Co.
RISE Brewing Co. offers Nitro Cold Brew Coffee. The variants of nitro cold brew coffee include original black, oat milk latte, oat milk mocha, classic latte, vertical ascension original black, and are also available in vegan variety packs.
The cold-brew coffee market is segmented as below:
The Middle East and Africa
The cold brew coffee market is driven by new product launches. In addition, the increasing demand for organic and private labels are expected to trigger the cold brew coffee market toward witnessing a CAGR of almost 28% during the forecast period.
Global Instant Coffee Market- The instant coffee market is segmented by product (spray-dried and freeze-dried) and geography (APAC, Europe, North America, South America, and MEA). Download FREE Sample Report
Global Smoothies Market- The smoothies market is segmented by product (fruit-based, dairy-based, and others), type (out of home and at home), and geography (North America, Europe, APAC, South America, and MEA). Download FREE Sample Report
Market positioning of vendors
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.