The global coffee market is anticipated to grow at a CAGR of around 5% during the forecast period. The global coffee market is segmented on the basis of product type, distribution channel, and applications. Based on the product type, the market is segmented as whole-bean, ground coffee, instant coffee, coffee pods, and capsules. Based on the distribution channel, the market is segmented as on-trade (cafes and food service), and off-trade. The off-trade segment further comprises supermarket/hypermarket, convenience stores, retailers, and others. Whereas, based on the applications, the market is segmented as hot drinks coffee, ready to drink coffee, flavored beverage coffee, and others, such as pharmaceutical coffee and cosmetic coffee.
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Pharmaceutical and cosmetic segments are likely to register growth considerably in the market owing to the various health benefits offered by coffee. Coffee contains a wide array of compounds, including the major component, caffeine. Caffeine is well-known to be associated with a range of physiological effects, specifically on the cardiovascular system. Since caffeine can increase blood pressure, coffee intake has been captured attention with safety concerns about cardiovascular-related risks. Coffee intake is determined by the size of the coffee cup and the strength of the brew as well as the frequency of consumption. Coffee consumption has been associated with higher concentrations of serum total cholesterol and low-density lipoprotein cholesterol.
The caffeine present in the coffee protects against melanoma and non-melanoma skin cancers. Caffeine exerts its antiproliferative and anti-carcinogenic action via regulating cell growth, development, and apoptosis. Caffeine has a sunscreen effect, reduces sunburn lesions in the epidermis, and inhibits ultraviolet (UV)induced carcinogenesis by suppressing the formation of thymine dimers. Caffeine increases the elimination of damaged precancerous cells and apoptosis in tumors. Such benefits tend to increase the consumption of coffee, which in turn, will drive the growth of the global coffee industry.
Furthermore, the antioxidants properties that coffee offers, are of great bene?t in improving the quality of life by preventing the onset of degenerative diseases. Many countries have recommended an increase in consumption, as they are known to reduce the risk of such degenerative diseases. Caffeine and polyphenols, both having antioxidant, immunomodulatory, and anti-inflammatory properties aids in the prevention of various diseases. Therefore, these biochemical ingredients display additive action regarding the chemoprevention of diseases.
However, due to the myriad of compounds, coffee may have both health-promoting but, in some circumstances, undesirable effects on health. Thus, possessing such benefits, coffee is used as a key ingredient in several drugs and cosmetic products due to which it is widely consumed. Hence, this is likely to contribute to the overall growth of the global coffee market during the forecast period.
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Global Coffee Market – Segmentation
By Product Type
· Whole-Bean
· Ground Coffee
· Instant Coffee
· Coffee Pods and Capsules
By Distribution Channel
· On-Trade
· Off-Trade
By Application
· Hot Drinks Coffee
· Ready to Drink Coffee
· Flavored Beverage Coffee
· Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)