Global Instant Coffee Market Size To Exceed USD 120.20 Billion By 2033: Market Insight Report

Global Instant Coffee Market Size To Exceed USD 120.20 Billion By 2033 

According to a research report published by Spherical Insights & Consulting, The Global Instant Coffee Market Size is Expected to Grow from USD 71.20 Billion in 2023 to USD 120.20 Billion by 2033, at a CAGR of 5.38% during the forecast period 2023-2033.

                        
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Instant Coffee Market Size, Share, and COVID-19 Impact Analysis, By Packaging (Sachets, Jars, and Pouches), By Nature (Conventional and Organic), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033        

                                         
The instant coffee market encompasses the global trade of soluble coffee products designed for rapid preparation. Instant coffee is created by brewing ground coffee beans and then removing the water content through freeze-drying or spray-drying processes, resulting in a powder or granules that dissolve quickly in hot water or milk. Moreover, driving factors of the instant coffee market include increasing consumer demand for convenience, busy lifestyles, and the rising trend of at-home coffee consumption. Technological advancements in freeze-drying and flavor enhancement have improved product quality. Additionally, growing urbanization, expanding middle-class populations, and the popularity of premium and specialty instant coffee options are fueling the global market growth. However, restraints in the instant coffee market include growing consumer preference for freshly brewed coffee, perceived lower quality and taste compared to ground coffee, and increasing competition from specialty coffee shops. 

The jars segment accounted for the largest share of the global instant coffee market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on packaging, the global instant coffee market is divided into sachets, jars, and pouches. Among these, the jars segment accounted for the largest share of the global instant coffee market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.  Their popularity stems from durability, reusability, and the ability to preserve freshness and aroma. Consumers prefer jars for home use due to their premium look and convenience, making them the dominant choice over sachets and pouches.  

The conventional segment accounted for a substantial share of the global instant coffee market in 2023 and is anticipated to grow at a rapid pace during the projected period. 

On the basis of nature, the global instant coffee market is divided into conventional and organic. Among these, the conventional segment accounted for a substantial share of the global instant coffee market in 2023 and is anticipated to grow rapidly during the projected period. This dominance is attributed to its widespread availability, cost-effectiveness, and established consumer preference. However, the organic segment is experiencing rapid growth, driven by increasing health consciousness and demand for sustainably produced coffee.   

Europe is projected to hold the largest share of the global instant coffee market over the projected period. 

Europe is projected to hold the largest share of the global instant coffee market over the projected period. This dominance is driven by high per capita coffee consumption, a well-established coffee culture, and the widespread availability of instant coffee across various distribution channels.

Asia Pacific is expected to grow at the fastest CAGR of the global instant coffee market during the projected period.  This prominence is driven by increasing coffee consumption in countries like China, India, and Japan, where urbanization, rising disposable incomes, and a growing preference for convenient beverages fuel demand. The region's expanding middle class and evolving lifestyles contribute significantly to this market position.

Company Profiling

Major vendors in the global instant Coffee market are Sleepy Owl Coffee, Tim Hortons, Tata Consumer Products Limited, Little’s Coffee Ltd, Rage Coffee, Louis Dreyfus Company, Nestlé S.A., The Good Life Company (TGL Co.), Starbucks Coffee Company, Bevzilla., and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In March 2024, Louis Dreyfus Company, which is based in the Netherlands, purchased Brazil-based Instant Coffee of Cacique Company. The move is Louis Dreyfus Company's attempt to diversify revenue sources by purchasing value-added product lines.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global Instant Coffee market based on the below-mentioned segments:

Global Instant Coffee Market, By Packaging

• Sachets
• Jars
• Pouches

Global Instant Coffee Market, By Nature

• Conventional
• Organic

Global Instant Coffee Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa