Roasted Coffee Market 2024 - By Size, Share, Trends And Growth Prospects 2033
Overview and Scope Roasted coffee refers to coffee that has been roasted to bring out particular characteristics in the beans. Roasted coffee is high in vitamins, minerals, and antioxidants, which help to prevent cell damage and lessen the risk of serious illnesses such as cancer and heart disease. Sizing and Forecast The roasted coffee market size has grown strongly in recent years. It will grow from $37.42 billion in 2023 to $40.23 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to expansion of coffee shop culture, increasing premiumization trends, growing awareness of coffee varieties, evolving consumer tastes and preferences, sustainability and ethical sourcing. The roasted coffee market size is expected to see strong growth in the next few years. It will grow to $52.11 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast p...