Report ID: SQMIG30E2034
Report ID:
SQMIG30E2034 |
Region:
Global |
Published Date: February, 2024
Pages:
260
|
Tables:
64 |
Figures:
75
The rising popularity of cold brew coffee has encouraged significant players in the market such as HighBrewCoffee, Kohana Coffee, La Colombe Coffee Roasters, Nestle SA, and Heartland Food Products Group to develop even more unusual flavors in order to attract more customers. Some of the key factors driving the robust market expansion globally are the rising sales in developing nations, the rapid urbanisation, and companies' increasing attention on increasing their online presence. Companies like Starbucks, Dr. Pepper, and RISE Brewing Co. are focusing on grocery channels like Walmart, etc. to expand their customer base. For example, in June 2021, BOMANI Cold Buzz, a well-known brand of alcoholic cold brew coffee, debuted its most recent Original and Vanilla alcoholic cold brew coffee line at a few Arizona retail locations, including Walmart, Whole Foods, BevMo, Sprouts, Total Wine, and others in Phoenix. Effective marketing and attractive packaging are the key advertising tactics adopted by these companies to keep the sales steady worldwide.
Cold Brew Coffee Market Top Players Company Profiles
Cold Brew Coffee Market Recent Development
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REQUEST FREE CUSTOMIZATIONCold Brew Coffee Market size was valued at USD 401.5 million in 2019 and is poised to grow from USD 492.64 million in 2023 to USD 3105.5 million by 2031, growing at a CAGR of 22.7% in the forecast period (2024-2031).
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Report ID: SQMIG30E2034