Cold brew coffee is prepared by mixing cool water with ground coffee and then steeping the mixture in refrigerators. The cold brewing process results in the extraction of a range of compounds with characteristic flavors that are distinct from those obtained from hot brews. Cold brew coffee is mellow and sweeter than the conventional Americano or filter coffee and has lower acidity. The preparation of cold brew coffee does not require heating or electric energy, and hence it is considered as a greener option.
MARKET DYNAMICS
The demand for cold brew coffee is buoyed by Millenials and the younger generation Z who are more inclined to try new variants and flavors of coffees, including cold brew coffee. Increasing penetration of the RTD (Ready to Drink) beverages and its growing popularity among young professional who lead a busy life has spurred the growth of the cold brew coffee industry. For instance, the introduction of cold brew pitcher coffee packs and other cold brew products in the US market by Star Bucks in 2016 has led to significant awareness about cold brew coffee products and subsequently propelled the cold brew coffee market.
MARKET SCOPE
The "Global Cold Brew Coffee Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cold brew coffee market with detailed market segmentation by type, category, distribution channel, and geography. The global cold brew coffee market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cold brew coffee market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global cold brew coffee market is segmented on the basis of type, category, and distribution channel. On the basis of type, the cold brew coffee market is segmented into Arabica , Robusta , and others. The cold brew coffee market on the basis of category is classified into traditional and decaf. Based on the distribution channel, the global cold brew coffee market is divided into supermarkets and hypermarkets, convenience stores, online, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global cold brew coffee market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The cold brew coffee market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the cold brew coffee market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the cold brew coffee market in these regions.
MARKET PLAYERS
The reports cover key developments in the cold brew coffee market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the cold brew coffee market are anticipated to lucrative growth opportunities in the future with the rising demand for cold brew coffee in the global market. Below mentioned is the list of few companies engaged in the cold brew coffee market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cold brew coffee market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Grady's Cold Brew
- Julius Meinl Industrieholding GmbH
- Red Thread Coffee Co.
- RISE Brewing Co.
- Sandows London Limited
- Starbucks Corporation
- Station Cold Brew Company
- Venice Cold Brew, LLC
- Wandering Bear Coffee
- ZoZozial Coffee Roaster ApS
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.