Global Coffee Trade Analysis (2022 to 2027) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Coffee Trade Analysis - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.

The coffee market is projected to register a CAGR of 2.5% during the forecast period, 2022-2027.

Key Market Trends

Increased Consumption of Coffee

Coffee provides a revitalizing effect as it contains caffeine. It is one of the most consumed and popular drinks worldwide. It is prepared and presented in different ways. As per some clinical studies, modest coffee consumption is gentle or slightly beneficial for healthy adults. The shifting work culture, specifically in the corporate industry, along with enhancing living standards, is further anticipated to boost the demand in the global market. Over the years, the coffee demand has significantly broadened beyond mature markets such as the European Union (EU), the United States of America, and Japan.

North America, Asia- Pacific, and Europe are the largest consumers of coffee. As per International Coffee Organization, In 2020 coffee consumption in these Asia-pacific and European regions was 36.5 million and 54.1 million (60kg bags) which was 36.0 million and 53.4 million 60kg bags in 2019. In Asia-pacific, Japan still leads the market followed by China and South Korea. Long-term demand is set to grow in the coming years, potentially becoming one of the fastest-growing markets.

Companies overhauling their strategies in terms of service and emerging contemporary brands to enhance customer satisfaction and gain loyalty is another factor improving the coffee market all around the world. This is supported by the emergence of various cafes and increased expendable income levels of consumers. All these factors are anticipated to bolster the market growth.

Brazil Dominates the Market

Brazil produces around 25% of the world's coffee supply. Coffee grown in Brazil is predominantly of the Arabica variety, making up around 80% of the total crop. Harvest season runs from May to August. The global demand for coffee heavily contributed to the early phase of Brazil's modern economic expansion and industrialization.

Brazil currently exports the majority of its coffee to the Germany and United States. The United States is the world's largest single buyer of coffee, with the North American coffee market accounting for over one-quarter of the global coffee imports in value. The coffee trade helps Brazil remain one of the ten major trading partners of the United States.

According to the International Coffee Organization, Brazil is the major producer and exporter of coffee in the global market. According to the Council of Coffee Exporters of Brazil (Cecafe), the main destination markets for Brazil's coffee exports have been the United States, Germany, Belgium, Italy, Japan, Turkey, Russia, Mexico, Spain, and Canada.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.3 Market Restraints

4.4 Value Chain Analysis

5 MARKET SEGMENTATION

5.1 Geography (Import Analysis by Volume and Value and Export Analysis by Volume and Value)

5.1.1 North America

5.1.1.1 United States

5.1.1.2 Canada

5.1.1.3 Mexico

5.1.2 Europe

5.1.2.1 United Kingdom

5.1.2.2 Denmark

5.1.2.3 Netherlands

5.1.2.4 Germany

5.1.2.5 Norway

5.1.2.6 Sweden

5.1.3 Asia-Pacific

5.1.3.1 China

5.1.3.2 India

5.1.3.3 Japan

5.1.3.4 Indonesia

5.1.3.5 Philippines

5.1.4 South America

5.1.4.1 Brazil

5.1.4.2 Argentina

5.1.5 Africa

5.1.5.1 South Africa

6 MARKET OPPORTUNITIES AND FUTURE TRENDS

7 AN ASSESSMENT OF THE IMPACT OF COVID-19 ON THE MARKET

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