Sparkling Coffee Market Size, Share, Growth Analysis, By Type(Ready-to-Drink (RTD) and Do-it-Yourself (DIY)), By Distribution Channel(Offline Market and Online Market), By Region - Industry Forecast 2024-2031

Global Sparkling Coffee Market size was valued at USD 1.47 billion in 2022 and is poised to grow from USD 1.66 billion in 2023 to USD 4.49 billion by 2031, growing at a CAGR of 13.20% in the forecast period (2024-2031).

The sparkling coffee market is experiencing a gradual rise in popularity worldwide, with consumers seeking convenient and healthy ready-to-drink beverages that offer an alternative to sugary energy drinks and soda. The demand for such beverages is expected to continue to grow, given the product's nascent stage and its potential to cater to the growing number of health-conscious consumers. However, the closure of cafes, restaurants, and food joints due to various reasons has significantly impacted the market's sales of food and beverages globally. In response to the rising demand for sparkling coffee products, manufacturers are launching new variants to cater to the younger generation, who are the primary consumers of on-the-go consumables. This innovative range of cold ready-to-drink products is expected to attract more customers and manufacturers into the market. The RTD coffee market, particularly sparkling coffee, is gaining popularity among a wide range of consumers, especially millennials. The availability of different flavors, organic options, and the emergence of the cold brew concept has resulted in a shift from freshly brewed to instant coffee among consumers. The continuous innovation in the RTD category has led to a growing interest in the market, and it is anticipated that the trend will continue in the years ahead.

US Sparkling Coffee Market is poised to grow at a sustainable CAGR for the next forecast year.