(EMAILWIRE.COM, September 30, 2024 ) Canned Coffee Market size was valued at USD 14.08 Bn. in 2023 and the total Canned Coffee revenue is expected to grow at a CAGR of 5.2 % from 2024 to 2030, reaching nearly USD 20.08 Bn. by 2030.
Coffee is the second most traded commodity in the world, following only petroleum. Coffee manufacturers promote potential health benefits like reducing stress, dizziness, and fatigue. Additionally, coffee is believed to offer health advantages like reducing cholesterol levels, as well as the risk of heart and liver diseases. It is commonly enjoyed as a hot drink, but can also be found as chilled canned coffee. Below are some developments which suggest the growing trend in RTD canned coffee industry.
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May 15, 2024, trendhunter: reported Subculture Coffee and Diesel Beverages joint venturing to launch worlds first THC-infused cold brew
May 16, 2024, New Zealand: nzherald reported inauguration of New Ground’s new coffee processing and extraction plant in Auckland.
Sept 25, 2024, world coffee portal: reported Mill city roasters a Minnesota based company relocating coffee roaster machine production from China to US.
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Market Segmentation
by Product
Regular
Mocha
Cappuccino
Latte
Black coffee
Expresso
others
by Distribution Channel
Super Markets/ Hypermarkets
Convenience Stores
Food Service Centres
Others
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Market Top Leaders:
1. Ueshima Coffee Co.
2. Starbucks Corporation
3. Nestle S.A
4. Illycaffe S.p.A.
5. The Coca-Cola Company
Maximize Market Research is leading Food & Beverages research firm, has also published the following reports:
Coffee Machine Market is worth USD 5.13 Billion in 2023 and is estimated to grow at a CAGR of 7.35% in the forecast period. The forecast revenue hints at around 9.31 billion USD growth by 2030.
Coffee Capsule Market size was valued at 6.34 Bn. in 2023 and the total coffee capsule Market revenue is expected to grow by 7.6% from 2024 to 2030, reaching nearly USD 10.60 Bn.
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