Report ID: UCMIG30H2064
Report ID:
UCMIG30H2064 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The market for coffee beans was estimated to be worth USD 27.0 billion in 2018 and is anticipated to grow at a CAGR of 6.7% from 2019 to 2025. The main factor anticipated to drive the market during the forecast period is the increasing presence of franchise stores such as CCD and Starbucks in countries like India, China, and other nations. This expansion is expected to contribute significantly to market growth. Due to the growing use of coffee beans in a variety of industries, including as medicines, cosmetics, and food and drinks, the demand for coffee beans is predicted to increase significantly.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Agricultural Products by segment aggregation, the contribution of the Agricultural Products in Food, Beverage & Tobacco and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG30H2064