Cold Brew Coffee Market: A new taste is being developed by producers as more people enjoy coffee

PRESS RELEASE
Published March 16, 2023

According to the report, the global Cold Brew Coffee Market is expected to grow from USD 1.10 Billion in 2022, which is expected to reach USD 3.25 Billion by 2033, growing at a CAGR of 11.74% from 2023 to 2033. Cold brew coffee is a method of brewing coffee by steeping coffee grounds in cold water for an extended period, typically 12-24 hours. The process involves combining coarsely ground coffee beans with cold water and allowing the mixture to sit at room temperature or in the refrigerator for several hours. During this time, the water slowly extracts the flavor and caffeine from the coffee beans, resulting in a smooth, less acidic coffee concentrate. Once the brewing process is complete, the coffee is filtered to remove the grounds and can be served over ice or diluted with water or milk to taste. Cold brew coffee is known for its rich, full-bodied flavor and low acidity, and is often favored by coffee drinkers who find traditional hot brewed coffee too bitter or acidic.

 

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Key Highlights:

  • The global Cold Brew Coffee Market size was valued at USD 1.10 Billion in 2022 growing at a CAGR of 11.74% from 2023 to 2033.
  • North America dominated the market in 2022
  • Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033

 

Evolve Business Intelligence has published a new market research report on the Global Cold Brew Coffee Market focusing on various aspects including market size and forecast, market dynamics, competitors’ market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which include Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted to prosper in this industry over the short and long terms. The quantitative analysis includes our authentic findings of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

 

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

 

In terms of COVID-19 impact, the Cold Brew Coffee Market report also includes the following data points:

  • COVID-19 Impact on Cold Brew Coffee Market size
  • End-User/Industry/Application Trend, and Preferences
  • Government Policies/Regulatory Framework
  • Key Players’ Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in the Cold Brew Coffee Market

 

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Key Players

Some of the major Cold Brew Coffee Market players holding high market shares include Bio Bidet, Alpha Bidet, Brondell Inc, Toto Ltd, and 2GoProducts. These players use acquisition and new product development as key strategies to gain significant market share to compete with market leaders.

 

The key players profiled in the report are:

  • Nestle
  • KonaRed Corp
  • Seaworth Coffee Co
  • JAB Holding Company
  • Califia Farms LP
  • Sandows London Limited
  • La Colombe Torrefaction Inc
  • Starbucks Corporation
  • Grady’s Cold Brew
  • Wandering Bear Coffee

 

Segmental Analysis

Market Segment By Product Type with a focus on market share, consumption trend, and growth rate of the Cold Brew Coffee Market:

  • Arabica
  • Robusta
  • Others

 

Market Segment By Category with a focus on market share, consumption trend, and growth rate of the Cold Brew Coffee Market:

  • Traditional
  • Decaf

 

Market Segment By Distribution channel with a focus on market share, consumption trend, and growth rate of the Cold Brew Coffee Market:

  • Non-store-based
  • Store-based

 

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Global Cold Brew Coffee Market Geographic Coverage:

  • North America
    • US
    • Canada
    • Mexico

 

  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Nordic Countries
    • Benelux
    • Rest of Europe

 

  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Australia
    • Rest of Asia Pacific

 

  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of MEA

 

  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

 

Reasons to Buy this Report:

  • Detail analysis of the impact of market drivers, restraints, and opportunities
  • Competitive Intelligence provides an understanding of the ecosystem
  • Details analysis of the Total Addressable Market (TAM) of your products
  • Investment Pockets and New Business Opportunities
  • Demand-supply gap analysis
  • Strategy Planning

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