China Coffee Market 2024-32: Size, Share, Trends, Growth and Forecast

Комментарии · 56 Просмотры

China coffee market size reached US$ 19.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 23.0 Billion by 2032, exhibiting a growth rate (CAGR) of 2.10% during 2024-2032.

IMARC Group's report titled "China Coffee Market Report by Product Type (Whole-bean, Ground Coffee, Instant Coffee, Coffee Pods and Capsules), Distribution Channel (On-trade, Off-trade), and Region 2024-2032". China coffee market size reached US$ 19.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 23.0 Billion by 2032, exhibiting a growth rate (CAGR) of 2.10% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/china-coffee-market/requestsample

China coffee market is experiencing unprecedented growth, transforming from a niche preference to a mainstream beverage. Once dominated by tea, the nation is witnessing a coffee culture revolution. This surge is propelled by a combination of factors. Firstly, the burgeoning middle class with rising disposable incomes is driving demand for premium experiences, including specialty coffees. Secondly, urbanization and exposure to international trends have ignited a desire for Western-style lifestyles among young consumers, making coffee a symbol of modernity. Moreover, the increasing number of coffee shops, both international chains and domestic brands, has expanded accessibility and fostered a sense of community around coffee consumption.

The market is characterized by a diverse landscape. Instant coffee continues to dominate, catering to the mass market's preference for convenience. However, there's a pronounced shift towards premium coffee beans, single-origin varieties, and specialized brewing methods. This trend is evident in the proliferation of third-wave coffee shops offering craft coffee experiences. Additionally, the rise of e-commerce platforms has facilitated the growth of online coffee sales, providing consumers with a wider selection and greater convenience. As the market matures, competition intensifies, with both domestic and international players vying for market share. Key trends to watch include the fusion of coffee with traditional Chinese flavors, the expansion of coffee consumption beyond urban centers, and the increasing focus on sustainability and ethical sourcing.

China Coffee Market Report Segmentation:

Product Type Insights:

  • Whole-bean
  • Ground Coffee
  • Instant Coffee
  • Coffee Pods and Capsules

Distribution Channel Insights:

  • On-trade
  • Off-trade 
    • Supermarkets and Hypermarkets
    • Specialty Stores
    • Convenience Stores
    • Online Retail Stores
    • Others

Regional Insights:

  • North China
  • East China 
  • South Central China 
  • Southwest China 
  • Northwest China 
  • Northeast China 

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:

IMARC Group

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

 

Комментарии