Cold-Brew Coffee Market Size Was Valued at USD 2.1 Billion in 2023 and is Projected to Reach USD 16.22 Billion by 2032, Growing at a CAGR of 25.5% From 2024-2032.
The Cold-Brew Coffee Market refers to the sector within the beverage industry that focuses on the production, distribution, and sale of cold-brew coffee. Cold-brew coffee is made by steeping coarsely ground coffee beans in cold or room-temperature water for an extended period, typically 12 to 24 hours. This method results in a coffee concentrate that can be diluted with water or milk and served cold. Cold-brew coffee is known for its smooth, less acidic flavor profile compared to traditional hot-brewed coffee.
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Leading players involved in the Cold-Brew Coffee Market include:
Califia Farms (United States),Grady’s (United States),Seaworth Coffee Co (United States),Slingshot Coffee Co (United States),KonaRed (United States),Venice (United States),Groundwork (United States),Secret Squirrel (United States),1degreeC (United States),Cove Coffee Co (United States),Schnobs (United States),STATION (United States),Sandows (United Kingdom),ZoZozial (Netherlands),Julius Meinl (Austria),Tata Coffee (India), and other major players.
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Cold-Brew Coffee Market Segmentation
By Product
- Arabica-Based Cold Brew Coffee
- Robusta-Based Cold Brew Coffee
- Liberica-Based Cold Brew Coffee
By Category
- Traditional
- Decaf
By Distribution Channel
- Company-Owned Outlets
- Convenience Stores
- Online
- Supermarket And Hypermarket
Market Growth and Size
The cold-brew coffee market has seen substantial growth, with increasing consumer demand for premium and convenient beverage options. The market size has expanded as more consumers seek out cold-brew coffee for its smooth flavor, lower acidity, and refreshing qualities compared to traditional hot-brewed coffee. This growth is reflected in the proliferation of cold-brew coffee products available in supermarkets, convenience stores, specialty coffee shops, and online platforms.
By Region
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
- Middle East Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Market Drivers
- Changing Consumer Preferences: A growing number of consumers, particularly millennials and Gen Z, prefer cold beverages that are convenient, ready-to-drink, and have a premium feel. Cold-brew coffee fits these preferences perfectly, offering a unique taste experience that is both smooth and less bitter.
- Health and Wellness Trends: Cold-brew coffee is often marketed as a healthier alternative to traditional coffee, with claims of lower acidity being easier on the stomach and potentially containing higher antioxidant levels. Additionally, the growing trend towards natural and minimally processed foods has boosted the appeal of cold-brew coffee.
- Convenience and Ready-to-Drink Options: The availability of ready-to-drink (RTD) cold-brew coffee products has made it easy for consumers to enjoy cold-brew coffee on the go. The convenience factor is a significant driver, particularly for busy consumers who want quick and easy access to high-quality coffee.
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