Roast and Ground Coffee Market 2017-2021
- Published: Jun 2017
- Pages: 82
- SKU: IRTNTR12945
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The roast and ground coffee market report provides a detailed analysis of the market by product type (coffee pods and coffee beans, liquid concentrates and enhancers) and geography (the Americas, APAC, and EMEA). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Eight O’ Clock Coffee Company, JACOBS DOUWE EGBERTS, The J.M.Smucker Company, and Keurig Green Mountain.
Overview of the global roast and ground coffee market
Market research analysts at Technavio predict that the global roast and ground coffee market will grow at a CAGR of around 6% by 2021. The increasing popularity of coffee among the millennials is identified as one of the primary growth factors for this market. The rising affluence and changing consumer tastes have increased the demand for high-quality and specialized coffee products such as flavored coffee, mainly among the younger generation. Improved economic conditions and the increase in job opportunities have made different types of coffee more affordable for the younger consumers. Millennials are more likely to spend on premium beverage brands than the rest of the population as they are keen to experiment with new drink types, brands, and flavors. Moreover, the manufacturers also strive to understand the different tastes and preferences of the millennials to target many offerings. Rising disposable incomes in the emerging Asian, Eastern European, and Latin American economies and the rising cafe culture are also main factors that are boosting the popularity of coffee among the millennials.
The rise in promotional activities of coffee products through mobile apps is one of the latest trends that will contribute to the growth of this market. Manufacturers are introducing different mobile applications to engage customers and increase brand loyalty. For instance, Starbucks launched a mobile app in 2010 to help customers make payments. In less than a year, the company witnessed 26 million mobile transactions and more than USD 110 million worth of funds loaded to the customers' Starbucks card.
Competitive landscape and key vendors
Owing to the presence of many small and large vendors, the roast and ground coffee market appears to be highly fragmented. The vendors in the market compete based on factors such as price, quality, product differentiation, distribution, and promotion. To survive and succeed in this intensely competitive market, it becomes important for the vendors to distinguish their product and service offerings through clear and unique value propositions.
The leading vendors in the market are -
- Eight O’ Clock Coffee Company
- JACOBS DOUWE EGBERTS
- The J.M.Smucker Company
- Keurig Green Mountain
The other prominent vendors in the market are Ajinomoto Foods, Haco Asia Pacific, Industria Colombiana deCafé, LUIGI LAVAZZA SPA, Mauro Demetrio, Paulig Group, PEET'S COFFEE & TEA, Strauss, Tres Corações Alimentos, and Trung Nguyen.
Segmentation by product type and analysis of the roast and ground coffee market
- Coffee pods
- Coffee beans, liquid concentrates and enhancers
During 2016, the coffee pods segment accounted for the major shares of the roast and ground coffee market. The increasing demand for single-serve coffee in regions such as Europe and the Americas will be a major factor contributing to the growth of this market segment in the coming years.
Geographical segmentation and analysis of the roast and ground coffee market
This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the roast and ground coffee market throughout the forecast period. The market is driven by the rising demand for coffee products with added flavours and the increasing usage of coffee pods in the region. Germany, France, Italy, The Netherlands, Spain, the UK, South Africa, and Nigeria are the leading coffee-consuming countries in this region.
Key questions answered in the report include
- What will the roast and ground coffee market size and the growth rate be in 2021?
- What are the key factors driving the global roast and ground coffee market?
- What are the key roast and ground coffee market trends impacting the growth of the market?
- What are the challenges to market growth?
- Who are the key vendors in the global roast and ground coffee market?
- What are the market opportunities and threats faced by the vendors in the global roast and ground coffee market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global roast and ground coffee market?
Technavio also offers customization on reports based on specific client requirement.
The rise in the coffee culture globally has influenced the growth of the global roast and ground coffee market. Technavio’s reports for the food and beverage industry involve a vast range of quick-growing markets including non-alcoholic beverages and alcoholic beverages. Further to providing information on various factors such as the progression of the customer’s choices, market drivers and challenges for the vendors in the food and beverage industry’s marketspace, Technavio’s reports also detail out an exclusive analysis of the demand-supply shifts and the competitive landscape of the food and beverage industry.
To precisely estimate the food and beverage industry’s growth outlook, our market research experts follow a combined research approach of primary and secondary techniques and carry out a study of various factors, including technological developments and the rise in the demand for different products and services across the globe. Our upcoming industry research report on the global roast and ground coffee market for the period of 2017 to 2021 offers key insights perceived from the statistics and figures collected from reliable sources of information such as manufacturers, suppliers, regulatory bodies, and decision makers to help clients formulate new strategies for growth. Technavio also offers reports based on specifications of various clients, which will support all vendors and players in targeting niche customer segments and strengthen their position in the food and beverage industry.
This upcoming industry research report on the global roast and ground coffee market also considers the growth of related market such as hazelnut, which is expected to grow at a CAGR of close to 7% by 2021. The upcoming industry research report on the global roast and ground coffee market also identifies the key drivers, trends, and the challenges currently experienced by the food industry and also presents insights into food services sectors.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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