About Cold Brew Coffee
Cold Brew Coffee is a beverage, which is evolved from the iced coffee. These iced coffee is giving a better way to cold brewing coffee. It is made from freshly grounded beans in filtered water at room temperature by using cold water. These are smoother in texture, have a less acidic taste, naturally sweeter, and fruitier flavor. The rising shift of consumers towards cold brewing coffee is driving the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Cold Coffee Brew market appears to be fragmented with the presence of several companies including Nestle, Ting Hsin International Group and The Coca-Cola Company have made the competitive environment quite intense. Factors such as the rising number of new products launches and the rising number of mergers and acquisitions will provide considerable growth opportunities to cold brew coffee manufactures. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Cold Brew Coffee market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nestle (Switzerland), Ting Hsin International Group (Taiwan), The Coca-Cola Company (United States), UCC Ueshima Coffee (Japan), Starbucks Corporation (United States), Illycaffe (Italy), Luigi Lavazza (Italy), Coffee Roasting Company Schreyogg (Italy), Dunkin' Donut (United States) and La Colombe (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Lucky Jack (United States), High Brew Coffee (United States) and Califia Farms (United States).
Segmentation Overview
AMA Research has segmented the market of Global Cold Brew Coffee market by Type (Arabica, Robusta and Others), Application (Hypermarkets/Supermarkets, Independent Coffee Shops, Specialty Coffee Shops, Retail Stores, Online Retail and Others) and Region.
On the basis of geography, the market of Cold Brew Coffee has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Caffeine Content, the sub-segment i.e. Regular will boost the Cold Brew Coffee market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of Nitrogen Infused Cold Brew Coffee and Rising Trend of Keeping Cold Coffee as a Brewage in College Canteens
Market Growth Drivers:
Increasing Popularity of Cold Brew Globally, Rise in Consumer Awareness towards the Benefits of Coffee Beans and Increasing In Number of Innovative and New Product Launches for Cold Brew Coffee
Challenges:
Availability of Alternative Products Such as Tea, Hot Coffee, Other Beverages
Restraints:
Lack of Consumer Engagement in Home for Cold Brew Coffee and High Cost Involved for Cold Brew Coffee
Opportunities:
Growing Consumption of Coffee in Developing Countries and Expanding Consumer Preference for Unique Coffee Beverages in Developed Nations
Market Leaders and their expansionary development strategies
On 23rd May 2019, the company named One Village Coffee Partners with BKON to Launch Canned Cold Brew. The main aim of this collaboration is that the BKON’s RAIN technology will enable them to develop fresh, long-lasting packaged cold brew coffee that will meet the growing demands of both consumers and grocers alike.
On 14th March 2019, Cafe Agave launches spiked cold brew coffee. It is an alcoholic coffee drink brewed with premium ingredients. It contains 12.5% alcohol-by-volume which is a ready-to-drink cocktail and is made from 100% Arabic Columbian cold brew coffee. This drink comes in four coffee-forward flavors such as Espresso Shot, Caffe Mocha, Salted Caramel and Vanilla Cinnamon.
Key Target Audience
Cold-Brew Coffee Manufacturers, Cold-Brew Coffee Distributors/Traders/Wholesalers, Cold-Brew Coffee Subcomponent Manufacturers, Industry Association and Downstream Vendors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.