Global Cold Coffee Market Overview
Cold Coffee Market Size Was Valued At USD 7.52 Billion In 2024. The Global Cold Coffee Industry Is Projected To Grow From USD 8.65 Billion In 2025 To USD 20.62 Billion By 2035, Exhibiting A Compound Annual Growth Rate (CAGR) Of 15.3% During The Forecast Period (2025 - 2035).
Increasing Demand For Ready-To-Drink Beverages, Youthful Embrace Of Cold Coffee Fuels Global Market Expansion And Evolving Consumer Flavor Preferences is Driving The Cold Coffee Market.
As per Analyst at MRFR,” The growing incorporation of cold coffee into the daily routines of young consumers is prominently driving the growth of the Cold Coffee Market. According to a Nestle report, 2 out of 3 youths regularly consume cold coffee, this demographic is revamping the beverage industry landscape. Millennials and Gen Z are at the forefront of the adoption of new coffee trends, favoring cold brews, nitro coffees, and plant-based milk alternatives.”
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Cold Coffee Market Trends
INTEGRATION INTO CULINARY CREATIONS
The integration of cold coffee into culinary creations represents a significant opportunity for the Cold Coffee Market. As innovative chefs and food manufacturers explore new flavor horizons, cold coffee is increasingly being used not only as a beverage but also as an essential ingredient that enhances both sweet and savory dishes. Culinary professionals are incorporating cold coffee into a variety of recipes—from desserts like tiramisu, ice creams, and cakes, to savory applications such as marinades and sauces. This versatility allows cold coffee to act as a flavor booster, adding depth and complexity to dishes. Its naturally rich, smooth, and slightly acidic profile creates a perfect complement to both dairy-based desserts and robust, savory ingredients, paving the way for unique fusion creations that cater to evolving consumer tastes.
Furthermore, the trend extends into the beverage realm where mixologists are crafting innovative cocktails by blending cold coffee with spirits to produce refreshing, energizing drinks. This not only broadens the product port olio or cold co ee but also ali ns ith the modern consumer’s appetite or novel and experiential dining. The growing consumer interest in artisanal and specialty foods, as noted in research published in the International Journal of Food Science and Technology, underscores a clear preference for innovative ingredients that combine traditional flavors with modern culinary techniques. Government data further supports this opportunity. For example, reports from the USDA Economic Research Service indicate a rising demand for specialty food products that offer both premium quality and convenience.
This trend is particularly relevant in a market where consumers are increasingly looking for sustainable and high-quality culinary experiences. By embracing the integration of cold coffee into culinary creations, industry players can tap into new revenue streams and enhance brand differentiation. This opportunity not only drives product innovation but also helps expand the market reach by attracting a broader consumer base that values both taste and sustainability in their food choices.
Cold Coffee Market Segment Insights
Global Cold Coffee Product Type Insights
Based on Product Type, the Cold Coffee Market has been segmented into Ready-to-Drink (RTD) Cold Coffee, Cold Brew Coffee and Iced Coffee. The Ready-to-Drink (RTD) Cold Coffee segment accounted for the largest market share of 40.9% in 2024 and is likely to register a CAGR of 17,25% during the projected period. Whereas the Iced Coffee segment will likely register the highest CAGR of 17.35% during the projected period. Ready-to-Drink (RTD) cold coffee has emerged as a prominent segment in the global coffee market, driven by consumer demand for convenience and innovative flavors. The increasing pace of modern lifestyles has significantly contributed to the popularity of RTD coffee, allowing consumers to enjoy their favorite beverages on the go. A key example of innovation in this space is Tata Consumer Products' launch of Tata Coffee Grand Cold Coffee in October 2024.
This product features three globally inspired flavors—Swiss Caramel, French Vanilla, and Belgian Chocolate—catered to consumers seeking a rich coffee experience in a convenient 180 ml can. Priced affordably at INR 70, it exemplifies how brands are tapping into the demand for premium yet accessible RTD coffee options. The flavor variety available in the RTD segment is vast, including popular choices such as mocha, caramel, and hazelnut. Companies are also responding to health-conscious trends by creating low-calorie and functional drinks infused with vitamins and antioxidants. For instance, Rise Brewing Company has introduced plant-based RTD coffees made with almond milk and oat milk, reflecting the growing consumer preference for dairy-free alternatives. RTD coffee market is witnessing substantial growth due to e-commerce expansion, particularly among younger consumers who favor the convenience of online shopping.
Global Cold Coffee by Flavor Insights
Based on the Flavor, the Cold Coffee Market has been bifurcated Classic, Mocha, Caramel, Vanilla, Hazelnut, Others. The Vanilla segment accounted for the largest market share of 31.6% in 2024 and is likely to register a CAGR of 17.0% during the projected period. Whereas the Hazelnut segment will likely register the highest CAGR of 17.8% during the projected period. Vanilla-flavored cold coffee Known for its smooth and creamy profile, vanilla enhances the natural taste of coffee without overpowering it, making it a popular choice among those seeking a balanced yet indulgent beverage experience. Vanilla iced coffee is especially favored in countries like Australia, Canada, and Bulgaria, where it ranks among the top cold coffee choices. For example, the iced vanilla latte has become a staple in many cafés worldwide, blending espresso, milk, and vanilla syrup to create a refreshing yet comforting drink.
Starbucks and Tim Hortons have leveraged this flavor's popularity by offering variations like Vanilla Sweet Cream Cold Brew, which combines the richness of cold brew coffee with the subtle sweetness of vanilla cream. The appeal of vanilla extends beyond traditional café menus into ready-to-drink (RTD) products. Brands like Califia Farms and Dunkin' have introduced RTD vanilla-flavored cold coffees in convenient packaging, catering to on-the-go consumers. These products align with the growing demand for portable beverages among millennials and Gen Z, who prioritize convenience and flavor variety.
Vanilla’s versatility also makes it a favorite for customization. Consumers often enhance their vanilla cold coffees with additional flavors like caramel or hazelnut or opt for dairy-free alternatives such as almond or oat milk. This adaptability aligns with modern trends emphasizing personalization and dietary inclusivity.
Global Cold Coffee by Price Range Insights
Based on the Price Range, the Cold Coffee Market has been bifurcated Economy, Mid-Range and Premium. The Economy segment accounted for the largest market share of 49.7% in 2024 and is likely to register a CAGR of 15.75% during the projected period. Whereas the Mid-Range segment will likely register the highest CAGR of 17.3% during the projected period. The economy segment of the cold coffee market caters to budget-conscious consumers seeking affordable yet satisfying coffee options. This segment has gained traction as more individuals turn to cold coffee for its refreshing qualities and unique flavor profiles, particularly in warmer climates. The economy category includes various products, from ready-to-drink (RTD) options to iced coffee blends available at cafés and convenience stores.
One of the driving factors behind the popularity of economy cold coffee is the growing trend of affordability without compromising quality. Many brands have recognized this demand and have introduced budget-friendly cold coffee options that maintain a decent flavor profile. For instance, major chains like McDonald's have successfully leveraged this trend by offering their McCafé Iced Coffee at competitive prices, making it accessible for a wide range of customers. In 2024, McDonald's reported a 15% increase in iced coffee sales, largely attributed to their economical pricing strategy. Convenience stores also play a crucial role in the economy segment of cold coffee. These retailers often provide a selection of iced coffee beverages at lower price points compared to specialty coffee shops. For example, brands like 7-Eleven have introduced their own line of iced coffees, priced affordably to attract consumers looking for quick and inexpensive caffeine fixes.
The convenience store sector has seen a 25% increase in cold coffee sales over the past year, indicating strong consumer interest in economical options. With rise of home brewing has contributed to the growth of economy cold coffee. Consumers are increasingly experimenting with making their own iced coffee at home using affordable ingredients. Simple recipes often involve brewing regular coffee and chilling it over ice or using instant coffee granules mixed with cold water and milk. This DIY approach allows consumers to enjoy cold coffee without the premium price tag associated with café purchases.
Global Cold Coffee by Consumer Group Insights
Based on the Consumer Group, the Cold Coffee Market has been bifurcated Gen X, Millennials, Gen Z and Baby Boomers. The Millennials segment accounted for the largest market share of 39.5% in 2024 and is likely to register a CAGR of 17.22% during the projected period. Millennials, defined as individuals born between 1981 and 1996, are a driving force in the Cold Coffee Market, significantly shaping trends and consumption patterns. This generation has embraced cold coffee not just as a seasonal refreshment but as a year-round staple, reflecting their preference for convenience and flavor variety.
Research indicates that approximately 79% of consumers under 35 typically purchase iced coffee at least once a week, showcasing the strong demand within this demographic. One of the key factors contributing to the popularity of cold coffee among Millennials is their inclination towards artisanal and gourmet beverages. About 62% Millennials consume coffee daily and Willing to pay more for ethical sourcing. The rise of "fourth wave" coffee—characterized by a focus on quality, sustainability, and unique flavor profiles—has resonated deeply with this generation. For example, brands like Blue Bottle Coffee and Stumptown Coffee Roasters have capitalized on this trend by offering premium cold brew options that highlight single-origin beans and innovative brewing methods. These brands appeal to Millennials' desire for high-quality, ethically sourced products that offer a distinct taste experience.
Global Cold Coffee by End Use Insights
Based on the End Use, the Cold Coffee Market has been bifurcated Household and Foodservice (Hotels, Restaurants, Cafes). The Foodservice (Hotels, Restaurants, Cafes) segment accounted for the largest market share of 63.1% in 2024 and is likely to register a CAGR of 17.10% during the projected period. The foodservice sector, encompassing hotels, restaurants, and cafés (HoReCa), plays a pivotal role in the Cold Coffee Market, driven by evolving consumer preferences and an increasing demand for innovative beverage options. As cold coffee continues to gain popularity, establishments are adapting their menus to cater to a diverse clientele seeking refreshing and flavorful alternatives to traditional hot coffee. One of the standout trends in the foodservice industry is the rising demand for cold brew coffee. Cold brew has become a staple offering in many cafés and restaurants due to its smooth flavor profile and lower acidity compared to hot brewed coffee.
According to recent reports, mentions of cold brew on menus have increased by 36% year-over-year, reflecting its growing acceptance among consumers. This trend is particularly appealing to younger demographics, with 79% of consumers under 35 purchasing iced coffee at least once a week, showcasing the beverage's year-round appeal. Major coffee chains like Starbucks have capitalized on this trend by expanding their cold coffee offerings. Starbucks reported that cold beverages now account for approximately 75% of its total beverage sales, underscoring the shift in consumer preferences towards chilled options. Their innovative drinks, such as the Iced Brown Sugar Oatmilk Shaken Espresso and various cold brew concoctions, have been designed to attract customers looking for unique flavor experiences. Rise of specialty coffee has influenced the foodservice sector significantly.
Figure 1: Cold Coffee Market, By End Use, 2024 & 2035 (USD Billion)
Global Cold Coffee By Distribution Channel Insights
Based on the Distribution Channel, the Cold Coffee Market has been bifurcated into Supermarkets/Hypermarkets, Convenience Stores, HoReCa and Online Retail. The Supermarkets/Hypermarkets segment accounted for the largest market share of 43.4% in 2024 and is likely to register a CAGR of 15.63% during the projected period. Whereas the Online Retail segment will likely register the highest CAGR of 16.51% during the projected period. Supermarkets and hypermarkets play a pivotal role in the distribution of cold coffee, particularly cold brew and iced coffee products. The convenience provided by supermarkets and hypermarkets is a significant factor driving the growth of cold coffee sales.
Consumers appreciate the ability to purchase ready-to-drink (RTD) cold coffee alongside their regular grocery shopping, which enhances the overall shopping experience. These retailers often engage in promotional activities, such as discounts and special displays, which further encourage purchases. For instance, a recent promotion by a major supermarket chain featured a buy-one-get-one-free offer on popular cold brew brands, resulting in a noticeable spike in sales during the promotional period002EMoreover, supermarkets are increasingly stocking innovative products that cater to health-conscious consumers.
Many brands are now offering cold brew options that are organic or infused with functional ingredients like adaptogens and vitamins, aligning with the growing trend towards wellness-oriented beverages. A notable example is Califia Farms, which has introduced a line of dairy-free cold brew coffees available in supermarkets across North America, appealing to both vegan consumers and those seeking healthier alternatives. The rise of e-commerce has also influenced supermarket strategies, with many retailers enhancing their online presence to accommodate changing shopping habits. This shift allows consumers to conveniently order their favorite cold coffee products for home delivery, further expanding market access.
Global Cold Coffee Regional Insights
Based on Region, the global Cold Coffee is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The North America dominated the global market in 2024, while the South America is projected to be the fastest–growing Region during the forecast period.
The North America cold coffee market is emerging due to growing consumer interest in health and wellness, as well as the increasing demand for convenience in beverages. The cold beverage category has gained ground in daily consumer routines because of RTD options and their cold brew versions across the North America region. Cold brew coffee belongs to the top contemporary trends across the North American market. The smooth character of cold brew together with lower acidic levels than cold iced coffee makes it interesting for consumers. Cold brew coffee maintained its dominance in the North America Market as it reached o mar et share durin Starbuc s to ether ith Dun in’ increased their inventory o cold bre products by introducing different blend options to meet different customer preferences.
Consumer interest in Starbucks Nitro Cold Brew increased because it offers a premium coffee experience through its rich flavor combined with creamy texture. The convenience element functions as a principal force propelling the expansion of the North American cold coffee market. With busy lifestyles becoming the norm, consumers are increasingly seeking portable beverage options that fit their on-the-go routines. In 2022, this demand for convenient solutions was evident in that around 65% of consumers were consuming RTD coffee while on their daily commutes. Brands such as Califia Farms and Chameleon Cold-Brew have seized on this trend with bottled cold coffees that anyone can toss in a bag and drink on the go.
Another significant factor driving consumer decisions in this market is health consciousness. Driven primarily by the rise in North American consumers seeking low-sugar or functional cold coffee options that also deliver added health benefits. A survey revealed that roughly 35% of respondents would prefer low-sugar RTD coffee, encouraging manufacturers to reformulate their products to be healthier. This transition paved the way for the generation of protein, adaptogen, and electrolyte-infused cold brews, targeting health-conscious consumers.
Figure 2: Cold Coffee Market, By Region, 2024 & 2035 (USD BILLION)
Further, the major countries studied in the market report are the U.S., Canada, Western Europe, Eastern Europe, Rest of Europe, China, Japan, India, Indonesia, South America, Middle East & Africa.
Global Cold Coffee Key Market Players & Competitive Insight
Many global, regional, and local vendors characterize the Cold Coffee Market. The market is highly competitive, with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and government regulations. Vendors must provide cost-efficient, high-quality products to survive and succeed in an intensely competitive market.
The major players in the market include Nestlé S.A, Starbucks Corporation, The Coca-Cola Company, FINLAV S.P.A, Restaurant Brands International (Rbi), Califia Farms, LLC, Westrock Coffee, Uptime Energy, J Chobani, Heartland Food Products Group, And Among Other. The Cold Coffee Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.
Key Companies In The Cold Coffee Market Include.
- Nestlé S.A
- Starbucks Corporation,
- The Coca-Cola Company
- FINLAV S.P.A
- Restaurant Brands International (Rbi)
- Califia Farms, LLC
- Westrock Coffee
- Uptime Energy
- J Chobani
- Heartland Food Products Group
Cold Coffee Market Segmentation
Cold Coffee Market by Product Type Outlook (USD Billion, 2019-2035)
- Ready-to-Drink (RTD) Cold Coffee
- Cold Brew Coffee
- Iced Coffee
Cold Coffee Market by Flavor Outlook (USD Billion,2019-2035)
- Classic
- Mocha
- Caramel
- Vanilla
- Hazelnut
- Others
Cold Coffee Market by PRICE RANGE Outlook (USD Billion, 2019-2035)
- Economy
- Mid-Range
- Premium
Cold Coffee Market by Consumer Group Outlook (USD Billion , 2019-2035)
- Gen X
- Millennials
- Gen Z
- Baby Boomers
Cold Coffee Market by End-Use Outlook (USD Billion, 2019-2035)
- Household
- Food service (Hotels, Restaurants, Cafes)
Cold Coffee Market by Distribution Channel Outlook (USD Billion, 2019-2035)
- Supermarkets/Hypermarkets
- Convenience Stores
- HoReCa
- Online Retail
Global Cold Coffee Regional Outlook
- North America
- Europe
- Western Europe
- Eastern Europe
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Thailand
- Rest of Asia-Pacific
- South America
- Middle East & Africa
| Report Attribute/Metric |
Details |
| Market Size 2024 |
USD 7.52 Billion |
| Market Size 2025 |
USD 8.65 Billion |
| Market Size 2035 |
USD 20.62 Billion |
| Compound Annual Growth Rate (CAGR) |
15.3% (2025-2035) |
| Base Year |
2024 |
| Market Forecast Period |
2025-2035 |
| Historical Data |
2019- 2023 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
By Product Type, By Flavor, By Price Range, By Consumer Group, By End-Use, By Distribution Channel And Region |
| Geographies Covered |
North America, Europe, Asia-Pacific, South America, Middle East & Africa |
| Countries Covered |
The U.S., Canada, Western Europe, Eastern Europe, Rest of Europe, China, Japan, India, Indonesia, South America, Middle East & Africa. |
| Key Companies Profiled |
Nestlé S.A, Starbucks Corporation, The Coca-Cola Company, FINLAV S.P.A, Restaurant Brands International (Rbi), Califia Farms, LLC, Westrock Coffee, Uptime Energy, J Chobani, Heartland Food Products Group, And Among Other |
| Key Market Opportunities |
·        INTEGRATION INTO CULINARY CREATIONS ·        EXPANSION OF RETAIL AND E-COMMERCE |
| Key Market Dynamics |
·        INCREASING DEMAND FOR READY-TO-DRINK BEVERAGES ·        YOUTHFUL EMBRACE OF COLD COFFEE FUELS GLOBAL MARKET EXPANSION |
Frequently Asked Questions (FAQ) :
The Cold Coffee Market size is expected to be valued at USD 20.62 Billion in 2035.
The global market is projected to grow at a CAGR of 15.3% during the forecast period, 2024-2035.
North America had the largest share of the global market.
The key players in the market are Astec Industries Nestlé S.A, Starbucks Corporation, The Coca-Cola Company, FINLAV S.P.A, Restaurant Brands International (Rbi), Califia Farms, LLC, Westrock Coffee, Uptime Energy, J Chobani, Heartland Food Products Group, And Among Other.
Ready-to-Drink (RTD) Cold Coffee dominated the market in 2024.
The Vanilla segment had the largest revenue share of the global market.
