The global cold brew coffee market size is expected to reach USD 1.63 billion by 2025 registering a CAGR of 25.1%, according to a new report by Grand View Research, Inc. Popularity of artisanal and premium products along with changing consumer demands has opened up growth opportunities for the global market. Innovations in RTD coffee category due to rising demand for specialty products is also driving the market.
Along with the original pioneers, such as Stumptown, Grady’s, and Chameleon Cold Brew, many foodservice artisans and craft coffee joints launched cold brew versions, such as Peet’s Coffee and Tea, Dunkin’ Donuts, and Starbucks, thereby spurring the growth of the global market.Company owned stores segment held the largest market share of more than 50% in 2018 due to consumer preference for specialty coffees. For instance, RISE Brewing Co. had remarkable success in establishing a market position through their specialty channels and independent stores.
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Company owned outlets was the largest distribution channel segment in 2018 and is projected to expand further at a healthy CAGR from 2019 to 2025
The online channels segment is estimated to witness the fastest CAGR of 26.4% over the forecast period
North America was the largest regional market in 2018 primarily driven by U.S. due to higher spending power of consumers and their preference for coffee over other beverages
Asia Pacific is expected to register the highest CAGR of 29.4% from 2019 to 2025 due to high demand for cold brew
Some of the key companies in the cold brew coffee market include Califia Farms, JAB Holding Company, HighBrewCoffee, Kohana Coffee, Nestlé, La Colombe Torrefaction, Starbucks, RISE Brewing Co., Sleepy Owl, and Heartland Food Products Group
Grand View Research has segmented the global cold brew coffee market on the basis of distribution channel and region:
Cold Brew Coffee Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
Supermarkets & Hypermarkets
Company Owned Outlets
Convenience Stores
Online
Cold Brew Coffee Regional Outlook (Revenue, USD Million, 2015 - 2025)
North America
U.S.
Europe
Germany
Italy
Spain
Poland
Asia Pacific
Japan
China
India
Central & South America
Brazil
Middle East & Africa
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