Roasted Coffee Market Size To Reach USD 66.41 Billion By 2030
Roasted Coffee Market Growth & Trends The global roasted coffee market size is estimated to reach USD 66.41 billion in 2030, growing at a CAGR of 5.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing popularity of coffee as a social beverage, particularly among millennials and Gen Z, is fostering a culture of coffee shops and cafes, thereby boosting product consumption. Moreover, health-conscious consumers are drawn to the purported health benefits of coffee, such as its antioxidant properties and potential cognitive benefits, further solidifying its appeal. As per the data published by Wisevoter in 2023, the U.S. is ranked as the top country that consumes the most coffee, i.e., approximately 26.7 million coffee bags. Consumers are becoming increasingly discerning about their coffee choices, seeking out artisanal roasts and sustainable production methods. This trend is evident in the proliferation of independent coffee ...