Coffee prices remain highly volatile. In 2022, the average annual price for Arabica is forecast to decline thanks to expected production growth, while Robusta price will go up on skyrocketed demand from consumers, preferring cheaper alternatives to more expensive counterparts.

Coffee increased 55.82 USd/Lbs or 17.42% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coffee - values, historical data, forecasts and news - updated on March of 2025.

Coffee growers raise two species of coffee bean: Arabica and robusta. The former is more expensive, selling for 2.93 U.S. dollars per kilogram in 2018 and projected to increase in price to 4.8 U.S. dollars in 2026. Robusta, named because it can grow at a wider range of altitudes and temperatures, sold for 1.87 U.S. dollars in 2018, projected to sell at 3.9 U.S. dollars per kilogram in 2026. Coffee production Coffee originally comes from Ethiopia, where a significant portion of coffee production continues to take place. The more popular bean, Arabica, takes its name from the Arabian Empire, when coffee consumption spread throughout the Middle East. After overcoming its ban by the Catholic Church, who saw coffee as in intoxicant from the Muslim world, coffee sales per capita are highest in European countries. Major players Starbucks has shaped the modern coffee culture, capitalizing on the Seattle coffee shop scene. This opened gourmet coffee to a wider market, shifting the global demand from cheaper robusta to better-tasting Arabica varieties. This shift has influenced the world coffee market, prompting companies such as McDonalds to open McCafé stores to cater to the evolving tastes of global consumers.

In October 2024, the average retail price of whole-bean and ground coffee in Russia stood at 1,568 Russian rubles per kilogram, marking an increase compared to the beginning of the year. The growth in prices until January 2023 was caused by the Russian invasion of Ukraine, which was followed by international sanctions. In Russia, the coffee market remains heavily dependent on imports.

Global prices for coffee have skyrocketed to a seven-year high, driven by fears of a significant reduction in production in Brazil due to freezes and the depletion of global stocks. Further growth in prices for the product will be stimulated by the reduction in production in other leading supplying countries such as Honduras and Indonesia, coupled with increased freight costs. A decrease in coffee production will lead to a fall in global exports by -4% y-o-y, which could lead to local imbalances in supply and demand and drive up consumer prices in key European and American markets.

This data shows the year-on-year development of the consumer price for coffee in Germany from 2021 to 2024. In 2024, consumer prices for coffee grew by roughly 1.15 percent compared to the previous year.

In 2024, the Latvian roasted coffee market decreased by -13.5% to $43M for the first time since 2021, thus ending a two-year rising trend. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $49M, and then shrank in the following year.

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Espresso Coffee Market Size 2024-2028

The espresso coffee market size is forecast to increase by USD 4.55 billion at a CAGR of 5.58% between 2023 and 2028.

The market is witnessing significant growth due to the increasing popularity of flavored espresso drinks, such as those with chocolate and vanilla, In the US. The convenience offered by espresso machines and the rising trend of e-commerce sales are also driving market growth. However, the market is faced with challenges including the use of preservatives in coffee and the high cost of filters. Moreover, the price volatility of raw materials like coffee beans and the increasing use of fertilizers in coffee production are other factors impacting the market. Antioxidant properties of espresso coffee make it a preferred choice among health-conscious consumers, further boosting market growth.The increasing number of franchise and chain coffee shops in convenience stores also contributes to the market's expansion. Overall, the market is expected to continue its growth trajectory In the coming years.

What will be the Size of the Espresso Coffee Market During the Forecast Period?

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The market encompasses a wide range of products and channels, centered around the concentrated, richly flavored coffee beverage prepared using high pressure and finely ground beans. This market exhibits robust growth, driven by the global population's increasing appreciation for the unique taste and convenience of espresso-based drinks. Key product categories include pure espresso, double espresso, ristretto, cappuccinos, lattes, mochas, macchiatos, and Americanos, among others. The market is segmented into store-based and non-store segments, with cafes and commercial spaces such as hospitals and airports being significant contributors to the store-based segment. The non-store segment, which includes home and office delivery and vending machines, is also experiencing substantial growth due to the demand for convenient, on-the-go options.The market's expansion is influenced by the healthy lifestyle trend, with many consumers turning to espresso as a caffeine source that can be enjoyed as part of a balanced diet. Additionally, the use of preservatives and synthetic fertilizers in coffee production remains a topic of debate, with a growing number of consumers expressing a preference for organic, sustainably sourced beans, such as Arabica and Robusta. The market's size and direction are influenced by various factors, including consumer demographics, lifestyle trends, and technological advancements. Student populations and office employees are significant consumer groups, with franchise retailers and cafes catering to their unique needs and preferences.Shelf life and coffee shot innovations are also driving market growth, as consumers seek more convenient and portable options.

How is this Espresso Coffee Industry segmented and which is the largest segment?

The espresso coffee industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userHome and officesOthersTypePure espressoDouble espressoLatteMochaOthersGeographyNorth AmericaUSEuropeGermanyFranceItalyAPACChinaSouth AmericaMiddle East and Africa

By End-user Insights

The home and offices segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth in both home and office consumption. This trend is driven by the increasing number of offices incorporating coffee vending machines for employee convenience and the rise in work-from-home culture due to COVID-19. In 2021, 79% of Canadian households owned espresso coffee machines. The preference for espresso coffee is attributed to its ability to provide an instant energy boost, making it a popular choice among the working population. The long shelf life and higher nutritional value of espresso coffee, including natural oils, minerals, and antioxidants, contribute to its appeal. Strategic marketing efforts, promotion of novel products such as vanilla, caramel, and chocolate flavors, and the availability of espresso coffee in various channels including supermarkets, hypermarkets, convenience stores, e-commerce platforms, and coffee shops, further fuel market growth.The health benefits of espresso coffee, including boosting the immune system and reducing the risk of cardiovascular diseases, diabetes, and inflammation, also contribute to its popularity.

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The Home and offices segment was valued at USD 5.29 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 41% to the g

The size of the Green Coffee Industry market was valued at USD 35.33 Million in 2023 and is projected to reach USD 53.12 Million by 2032, with an expected CAGR of 6.00% during the forecast period. This growth is attributed to several key factors, including the increasing use of hybrid seeds, government initiatives, rising concerns about food security, and advancements in technology. Hybrid seeds offer numerous benefits, such as improved yield, disease resistance, and higher nutritional content. Government initiatives aimed at promoting the adoption of sustainable farming practices and supporting coffee farmers have also contributed to the industry's expansion. Moreover, the growing focus on food security and the rising demand for healthy and sustainable food products have fueled the demand for green coffee. Technological advancements, such as improved processing techniques and the development of traceable and sustainable supply chains, have further enhanced the industry's potential. Key market applications for hybrid seeds include the production of premium-quality coffee beans and the development of new varieties with desirable traits. Major players in the green coffee industry include Keurig Dr Pepper, Starbucks, Nestlé, and J.M. Smucker. Recent developments include: July 2022: The Ethiopian Coffee and Tea Authority (ECTA) released a new, comprehensive strategy for the country's coffee sector, which was developed in collaboration with the Ethiopian Institute of Agriculture Research (EIAR) and international nonprofit TechnoServe to increase coffee production by three times within next 10 years., July 2022: The Indian Government planned to repeal the existing 80-year-old Coffee Act and proposed a new 'Coffee Promotion and Development Bill, 2022' to promote the development of the Indian coffee industry. Through a new law, the government aims to modernize the functioning of the Coffee Board of India, which is responsible for boosting production and the quality of Indian coffee, pushing exports, and supporting the development of the domestic market., July 2021: The Rainforest Alliance launched a new sustainability certification program for coffee to promote sustainable farming practices and ensure that coffee farmers receive fair product prices.. Key drivers for this market are: Increasing Berry Consumption for Health Benefits, Increasing Adoption of High-Technology Farm Practices; Growing Usage of Berries in the Food and Beverage Industries. Potential restraints include: High Production Cost Involved in Berry Production, Increasing Disease and Pest Infestations. Notable trends are: Increasing Demand for Certified Coffee.

The Algerian roasted coffee market shrank modestly to $5.8M in 2024, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a strong increase. Roasted coffee consumption peaked at $8.7M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

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Functional Coffee Market Size 2024-2028

The functional coffee market size is forecast to increase by USD 1.76 billion at a CAGR of 4.5% between 2023 and 2028.

The market is experiencing significant growth due to various factors. One key driver is the increasing awareness of coffee's benefits for digestion and weight loss. This has led to the popularity of coffee infused with Medium Chain Triglyceride (MCT) oil, which is known to aid in weight loss and healthy hydration. Another trend is the rise of single-serve coffee and ready-to-drink coffee, providing convenience for consumers. Additionally, the market is witnessing an increase in coffee consumption among millennials, who are more health-conscious and prefer functional beverages. Furthermore, the inclusion of nootropic L-Theanine in coffee is gaining traction, as it enhances focus and mental clarity.

Additionally, the rising popularity of coffee and non-alchoholic beverages among millennials, who are more health-conscious and prefer functional beverages, is contributing to market expansion. Furthermore, fluctuating prices of coffee beans, which can impact the market, are being closely monitored by industry players. However, challenges such as obesity and diabetes concerns associated with high coffee consumption remain. Overall, the market is poised for continued growth, offering innovative solutions for health-conscious consumers.

What will be the Size of the Market During the Forecast Period?

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Functional coffee, a beverage category that goes beyond the traditional hot or iced coffee experience, has gained significant traction in the US market. This segment of the coffee industry is characterized by the inclusion of functional ingredients, such as turmeric, ginger, cardamom, cinnamon, and MCT oil, to provide additional health benefits. The increasing health consciousness among consumers is driving the demand for functional coffee. These consumers are seeking beverages that not only provide energy but also contribute to their overall well-being. Functional coffee caters to this demand by offering antioxidants, anti-inflammatory benefits, anxiety relief, and immune system support.
Additionally, the millennial demographic is a key market for functional coffee. This generation is known for their preference for convenient, on-the-go options, making single-serve coffee and ready-to-drink coffee popular choices. Furthermore, their vegetable eating habits and online industry engagement have paved the way for the growth of functional coffee. Technological advances in the coffee industry have enabled the production of innovative flavors and personalized nutrition. Online platforms have made it easier for consumers to access a wide range of functional coffee options, further fueling market growth. However, the market is not without challenges. Supply chain disruptions, inflation, and the emergence of plant-based alternatives pose threats to market growth.
In conclusion, producers must navigate these challenges while maintaining the quality and integrity of their products. Specialty roasters are capitalizing on the growing demand for functional coffee by introducing new and unique offerings. For instance, some roasters are experimenting with cannabinoids, which are known for their potential health benefits. These developments demonstrate the dynamic nature of the market and its potential for continued growth. In conclusion, the market in the US is poised for growth, driven by increasing health consciousness, the millennial demographic, and technological advances. Despite challenges, specialty roasters are innovating to meet consumer demands and capitalize on this trend.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Whole bean coffee
  Ground coffee
  RTD coffee


Geography

  Europe

    Germany
    France
    Italy


  APAC



  North America

    US


  South America



  Middle East and Africa

By Product Insights

The whole-bean coffee segment is estimated to witness significant growth during the forecast period.

Whole bean coffee, which remains unground after roasting, is preferred by many for its superior taste and freshness. The beans are ground immediately before brewing, ensuring a more flavorful cup of coffee. For optimal freshness, roasted coffee beans should be stored in airtight containers or bags. Compared to ground coffee, whole beans maintain their freshness longer due to the reduced surface area exposed to air after grinding. Coffee beans offer numerous health benefits, including antioxidants and unique flavor profiles. Functional coffee, a popular trend in the c

This statistic shows the average annual price of coffee and tea in Spain from 2011 to 2021, in euros per kilogram. The price of this type of drink grew gradually during the period. In 2021, the average annual price of coffee and tea amounted to over 15.78 euros per kilo.

The Brazilian RTD coffee market is expected to grow at a CAGR of 2.80% over the period 2025-2033, with a market size of XX million in 2025. Rising consumer demand for convenient and on-the-go beverage options, as well as the growing popularity of cold brew coffee, are driving the market's growth. Key trends shaping the Brazilian RTD coffee market include the increasing penetration of online retail stores, the growing popularity of sustainable packaging, and the rise of premium and functional variants. Challenges faced by the market include fluctuations in coffee bean prices, intense competition, and regulatory restrictions on the use of certain ingredients. Major players in the market include Nestle SA, Arla Foods, WOW! Nutrition, Restaurant Brands Inc (Tim Hortons), and PepsiCo Inc. Recent developments include: February 2023: Starbucks Brazil opened three new stores in the Brazilian region. The stores are located at Fortaleza (Ceará), Goiânia and Alexânia (Goiás), and Recife (Pernambuco). Starbucks stores provide a wide range of coffee products, including ready-to-drink coffee beverages., August 2022: Verve Coffee Roasters launched a new line of ready-to-drink flash brew oat milk lattes. The products are available in three flavors, i.e., original, chocolate, and honey lavender. The products are available in retail stores and on Amazon., July 2021: Starbucks Corporation and Nestle launched ready-to-drink coffee products in the South East Asia, Oceania, and Latin America markets. The different products include Frappuccino and Starbucks Doubleshot. The products are also available on Amazon.. Key drivers for this market are: Increasing Demand for Protein-Rich Food, Increasing Demand for Plant-Based and Organic Ingredients. Potential restraints include: Presence of Alternative Proteins. Notable trends are: Growing Demand for Ready-to-Drink Beverages and Coffee.

The MENA's roasted coffee market fell to $3.1B in 2024, which is down by -11.7% against the previous year. In general, consumption recorded a noticeable increase. The level of consumption peaked at $4.2B in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

After two years of growth, the Cuban roasted coffee market decreased by -2.2% to $X in 2021. Overall, consumption enjoyed a resilient increase. Roasted coffee consumption peaked at $X in 2020, and then fell slightly in the following year.

PPI: Fo: EA 19: Mfg: FBT: Food: Other: Tea & Coffee data was reported at 154.700 2021=100 in Aug 2024. This records an increase from the previous number of 152.000 2021=100 for Jul 2024. PPI: Fo: EA 19: Mfg: FBT: Food: Other: Tea & Coffee data is updated monthly, averaging 99.500 2021=100 from Jan 2018 (Median) to Aug 2024, with 80 observations. The data reached an all-time high of 154.700 2021=100 in Aug 2024 and a record low of 95.700 2021=100 in Aug 2019. PPI: Fo: EA 19: Mfg: FBT: Food: Other: Tea & Coffee data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.I008: Eurostat: Producer Price Index: 2021=100: Foreign.

Spain ES: PPI: Mfg: FBT: Food: Other: Tea & Coffee data was reported at 137.400 2021=100 in Nov 2024. This records an increase from the previous number of 137.300 2021=100 for Oct 2024. Spain ES: PPI: Mfg: FBT: Food: Other: Tea & Coffee data is updated monthly, averaging 98.400 2021=100 from Jan 2005 (Median) to Nov 2024, with 239 observations. The data reached an all-time high of 137.400 2021=100 in Nov 2024 and a record low of 67.000 2021=100 in Jan 2005. Spain ES: PPI: Mfg: FBT: Food: Other: Tea & Coffee data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Spain – Table ES.Eurostat: Producer Price Index: 2021=100.

Brazil IPCA-15: MoM: Curitiba: Food and Beverage: Domicile Food: Drinks and Infusions: Ground Coffee data was reported at 4.930 % in Aug 2021. This records an increase from the previous number of 2.750 % for Jul 2021. Brazil IPCA-15: MoM: Curitiba: Food and Beverage: Domicile Food: Drinks and Infusions: Ground Coffee data is updated monthly, averaging 0.940 % from Feb 2020 to Aug 2021, with 19 observations. The data reached an all-time high of 4.930 % in Aug 2021 and a record low of -3.520 % in Feb 2020. Brazil IPCA-15: MoM: Curitiba: Food and Beverage: Domicile Food: Drinks and Infusions: Ground Coffee data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Inflation – Table BR.IE005: Consumer Price Index: Broad Category-15 - IPCA-15: POF 2017-2018: Dec1993=100: Month-on-Month: by Municipality: Curitiba.

The Bolivian unroasted decaffeinated coffee market fell modestly to $41M in 2024, approximately reflecting the previous year. In general, consumption saw a prominent increase. Unroasted decaffeinated coffee consumption peaked at $43M in 2021; however, from 2022 to 2024, consumption failed to regain momentum.

According to Cognitive Market Research, The Global Fully Automatic Coffee Machines market size is USD 4.6 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 3.80% from 2023 to 2030.

The demand for fully automatic coffee machines is rising due to technological advancement.
Demand for drip coffee makers remains higher in the fully automatic coffee machines market.
The commercial category held the highest fully automatic coffee machines market revenue share in 2023.
Asia-Pacific will continue to lead, whereas the North America fully automatic coffee machines market will experience the strongest growth until 2030.

Rising Premiumization Trend of Coffee Consumption to Provide Viable Market Output

The rising consumption speed of refreshing drinks is primarily driving the demand for such machines. Additionally, moving customer preferences towards the purchasing of energy-saving kitchen machine items has extremely influenced customers towards creating energy-efficient & automatic coffee machines. Besides this, the growing necessity of conducting quick coffee orders by the employees at their café and food stalls has given rise to the demand for such machines. Additionally, the rising premiumization trend of coffee usage and the awareness regarding its health advantages among people is further boosting the demand for such machines. Additionally, increasing innovation in the design of different beverage vending machines is likely to attract utilizers toward buying coffee makers for their daily requirements.

For instance, in April 2020, 7-Eleven Inc. introduced a new beverage dispenser machine with various touchscreen features that allow users to select the quantity, temperature, and intensity of coffee while brewing each cup of drink. Additionally, bean-to-cup brewers allow coffee fans to choose the size, temperature, and power of their java, with beans ground fresh for each cup.

(Source:csnews.com/7-eleven-introduces-new-innovative-dispensed-beverage-platforms)

Advancement in Technology to Propel Market Growth

The rising integration of smart technology in domestic electronic appliances is expected to remain a prevailing trait during the forecast period. Automatic coffee machines are identified as one of the key equipment of today's modern kitchen. This is attributed to the features like convenient accessibility from distant places. Technologies like Bluetooth and Wi-Fi connectivity are gaining popularity as users can operate automatic coffee machines through smartphones and provide instruction from anywhere within the connectivity range inside the house. Users may get notifications and reminders via mobile apps for refilling of water, replacement of water filter disk, and volume of milk, water or coffee beans in the machine. In addition to this, a new additional feature of multiple brewing, i.e., to make two cups of coffee at a time, is highly likely to attract a large customer base. Thus, increased flexibility in operating automatic coffee machines through ease of communication through smartphones is highly expected to propel the market during the forecast period.

For instance, in July 2021, Keurig launched its first Wi-Fi-enabled smart coffee maker. Keurig released its first Wi-Fi-connected brewer, which automatically detects K-Cup pods via BrewID and adjusts brew settings, including the temperature and strength.

(Source:www.nbcnews.com/select/shopping/keurig-smart-wifi-ncna1275077)

Market Dynamics of Fully Automatic Coffee Machines

High Initial Investment to Hinder Market Growth

The high cost of fully automatic coffee machines is projected to remain a restraining factor in the market. It has been noted that there is a rise in the number of takeaway coffee customers, which has become a popular element of the working population all around the world. The changing lifestyle of consumers demands rapid service in coffee serving, which requires the upgradation of the latest configuration in the automatic coffee machines. However, the highly automated coffee machine is anticipated to encounter a high cost. This results in affecting consumers' decision-making process in the near future. Therefore, manufacturers are focusing on offering automatic coffee machines with cutting-edge technology at a reasonable price range.

Impact of COVID–19 on the Fully Automatic Coffee Machines Market

The COVID-19 pandemic ...