NEW YORK, July 21, 2021 /PRNewswire/ —
Set to grow by USD 1.37 billion during 2021-2025, Technavio’s latest market research report estimates the cold brew coffee market to register a CAGR of 26.44%. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
Factors such as the increasing popularity of instant coffee among millennials and product launches, the proliferation of organized retailing outlets worldwide, and the health-promoting benefits of cold brew coffee will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The cold brew coffee market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
Cold Brew Coffee Market 2021-2025: Segmentation
Cold Brew Coffee Market is segmented as below:
- Arabica-based Cold Brew Coffee
- Robusta-based Cold Brew Coffee
- Liberica-based Cold Brew Coffee
- North America
- South America