Decaf Coffee Market Summary
As per Market Research Future Analysis, the global decaf coffee market was valued at USD 19.5 billion in 2023 and is projected to grow to USD 26.45 billion by 2032, with a CAGR of 4.45% from 2024 to 2032. The growth is driven by increasing awareness of caffeine's harmful effects, leading to a rise in decaf coffee consumption. The arabica segment dominates the market due to its superior flavor and health benefits, while the organic category is expected to grow faster due to rising health consciousness among consumers.
Key Market Trends & Highlights
Key trends influencing the decaf coffee market include health consciousness and product innovation.
- Decaf coffee market size in 2023: USD 19.5 billion.
- Projected market size by 2032: USD 26.45 billion.
- CAGR from 2024 to 2032: 4.45%.
- Arabica segment held the majority share in 2022.
Market Size & Forecast
2023 Market Size | USD 19.5 billion |
2024 Market Size | USD 20.37 billion |
2032 Market Size | USD 26.45 billion |
CAGR (2024-2032) | 4.45% |
Major Players
Key companies include Don Pablo Coffee (US), The Kraft Heinz Company (US), Cravium Foods LLP (India), Nestlé S.A. (Switzerland), and Dunkin' Brands Group, Inc. (US).