Asia Pacific Roasted Coffee Market Size & Outlook, 2023-2030
Global Market
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Asia Pacific roasted coffee market highlights
- The Asia Pacific roasted coffee market generated a revenue of USD 10,433.8 million in 2023.
- The market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, arabica was the largest revenue generating type in 2023.
- Robusta is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 10,433.8 million |
| Market revenue in 2030 | USD 16,384.1 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Arabica |
| Fastest growing segment | Robusta |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Arabica, Robusta |
| Key market players worldwide | Nestle SA, Starbucks Corp, JDE Peets NV ADR, Strauss Group Ltd, JM Smucker Co, AWAK Technologies, Second Sight Systems, HDT Global, Touch Bionics, Neurotron Biotechnology, Retina Implant, Rex Bionics, Tchibo Coffee International, Luigi Lavazza, Melitta, Massimo Zanetti Beverage Group |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 23.2% of the global roasted coffee market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 16,384.1 million by 2030.
Coffee is the most widely consumed beverage in Asian countries. Urbanization and busy lifestyles are some of the factors leading to the growing demand and consumption of coffee. Several consumers in the region prefer drinking coffee at home, further driving the market growth in the region.
According to the International Coffee Organization report published in April 2023, coffee production in the Asia Pacific increased by 8.7% during 2021-2022 to 52.1 million bags, from 47.9 million bags in 2020-2021, increasing its market share of the world’s output to 30.9% from 28.0% during 2020-2021.
Vietnam maintains its position as the primary coffee source in the Asia Pacific region, producing 32.4 million bags during 2021/22. This reflects a substantial growth of 14.9%, or 4.2 million bags. Indonesia holds the second position after Vietnam in the Asia Pacific region.
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Roasted Coffee Market Scope
Roasted Coffee Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nestle SA | View profile | 270,000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | www.nestle.com |
| Starbucks Corp | View profile | 381,000 | 2401 Utah Avenue South, Seattle, WA, United States, 98134 | www.starbucks.com |
| JM Smucker Co | View profile | 5,800 | One Strawberry Lane, Orrville, OH, United States, 44667-0280 | www.jmsmucker.com |
| JDE Peets NV ADR | View profile | 21,000 | Oosterdoksstraat 80, Amsterdam, NH, Netherlands, 1011 DK | www.jdepeets.com |
| Strauss Group Ltd | View profile | 1,109 | 49 Hasivim Street, Kiryat Matalon, P.O. Box 194, Petach Tikva, Israel, 4959504 | www.strauss-group.com |
| AWAK Technologies | View profile | 51-100 | Singapore, Central Region, Singapore, Asia | www.awak.com |
| Second Sight Systems | View profile | 101-250 | Hillsboro, Missouri, United States, North America | www.secondsightsystems.com |
| HDT Global | View profile | 1001-5000 | Solon, Ohio, United States, North America | www.hdtglobal.com/ |
| Touch Bionics | View profile | 101-250 | Livingston, West Lothian, United Kingdom, Europe | www.touchbionics.com |
| Neurotron Biotechnology | View profile | 1-10 | Hangzhou, Zhejiang, China, Asia | nurotronus.com/ |
Asia Pacific Roasted Coffee Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Roasted Coffee Market Outlook will help companies and investors design strategic landscapes.
Arabica was the largest segment with a revenue share of 57.02% in 2023.
Horizon Databook has segmented the Asia Pacific roasted coffee market based on arabica, robusta covering the revenue growth of each sub-segment from 2018 to 2030.
Coffee is the most widely consumed beverage in Asian countries. Urbanization and busy lifestyles are some of the factors leading to the growing demand and consumption of coffee. Several consumers in the region prefer drinking coffee at home, further driving the market growth in the region.
According to the International Coffee Organization report published in April 2023, coffee production in the Asia Pacific increased by 8.7% during 2021-2022 to 52.1 million bags, from 47.9 million bags in 2020-2021, increasing its market share of the world’s output to 30.9% from 28.0% during 2020-2021.
Vietnam maintains its position as the primary coffee source in the Asia Pacific region, producing 32.4 million bags during 2021/22. This reflects a substantial growth of 14.9%, or 4.2 million bags. Indonesia holds the second position after Vietnam in the Asia Pacific region.
- Asia Pacific Roasted Coffee Market Type Outlook (Revenue, USD Million , 2018-2030)
- Arabica
- Robusta
- Asia Pacific Roasted Coffee Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- B2B
- B2C
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Roasted Coffee Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Roasted Coffee Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Roasted Coffee Market, 2018-2030 (US$M)
Asia Pacific roasted coffee market statistics, by type, 2018-2030 (US$M)
