Coffee Substitute Market to grow by 1.84 Bn in 2022, Segmentation by Distribution Channel and Geography -Technavio

PR Newswire
Tuesday, November 1, 2022 at 5:10am UTC

Coffee Substitute Market to grow by 1.84 Bn in 2022, Segmentation by Distribution Channel and Geography -Technavio

PR Newswire

NEW YORK, Nov. 1, 2022 /PRNewswire/ -- Technavio has been monitoring the coffee substitute market, operating under the Consumer Staples industry. The report estimates the market to register an incremental growth of USD 1.84 billion, at a CAGR of 9.46% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. 

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Growing demand for green tea has been instrumental in driving the growth of the market. However, the rising popularity of coffee among millennials might hamper the market growth. Request the Latest Free sample report 

Coffee Substitute Market 2022-2026: Segmentation

Based on geographic segmentation, 35% of the market's originated from APAC during the forecast period. In addition, the offline category will lead the growth under the Distribution Channel segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the superfood powders market size.

  • Distribution Channel
    • Offline
      • To boost sales and revenues, vendors are putting their efforts into strengthening their formalized distribution networks. By providing deals and shopping packages, supermarkets, hypermarkets, and convenience stores hope to attract customers. In order to draw in more customers, vendors concentrate on marketing and promotional tactics. These promotional and marketing techniques include the use of signage to promote brands, the distribution of samples, and the offering of discounts on product kits.
    • Online
  • Geography 
    • North America 
      • APAC will account for 35% of market growth. The two biggest markets in APAC for coffee alternatives are China and Japan. Another region with significant market growth in North America. Green tea consumption is rapidly increasing due to increased consumer awareness of its health benefits. This will help the APAC coffee substitute market grow over the forecast period.
    • Europe
    • APAC
    • South America
    • Middle East And Africa

To know additional highlights and key points on various market segments and their
impact in coming years, Buy Sample Report.

Coffee Substitute Market 2022-2026: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The coffee substitute market report covers the following areas:

The rising demand for green tea and energy drinks is one of the main factors fueling growth in the market for coffee alternatives. The discovery of distinctive and flavorful green tea will fuel the demand for coffee substitutes and, in turn, drive the market in focus due to health benefits. However, the market for coffee substitutes will face significant challenges during the forecast period due to the growing popularity of coffee among millennials.

Coffee Substitute Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist coffee substitute market growth during the next five years
  • Estimation of the coffee substitute market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the coffee substitute market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of coffee substitute market, vendors

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Coffee Substitute Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.46%

Market growth 2022-2026

$1.84 billion

Market structure

Fragmented

YoY growth (%)

8.71

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 35%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Anthonys Goods, Dandy Blend, drink nuJo, Flying Embers, Hand Family Companies, Mondelez International Inc., Mud Wtr Inc., PepsiCo Inc., Postum, Remedy Organics, Rishi Tea and Botanicals, Slate Craft Goods LLC, So Good Brand Inc., Tattvas Herbs LLC, Teeccino Caffe Inc., The Hain Celestial Group Inc., World Finer Foods LLC, and World Matcha Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments.

Table of Contents:

1 Executive Summary

  • 1.1 Market Overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

  • 5.1 Market segments
    • Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)
  • 5.2 Comparison by Distribution Channel 
    • Exhibit 26: Chart on Comparison by Distribution Channel
    • Exhibit 27: Data Table on Comparison by Distribution Channel
  • 5.3 Offline - Market size and forecast 2021-2026 
    • Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)
  • 5.4 Online - Market size and forecast 2021-2026 
    • Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Distribution Channel 
    • Exhibit 36: Market opportunity by Distribution Channel ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026 
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026 
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026 
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026 
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026 
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026 
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Germany - Market size and forecast 2021-2026 
    • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.11 UK - Market size and forecast 2021-2026 
    • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.12 Japan - Market size and forecast 2021-2026 
    • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Dandy Blend
    • Exhibit 89: Dandy Blend - Overview
    • Exhibit 90: Dandy Blend - Product / Service
    • Exhibit 91: Dandy Blend - Key offerings
  • 10.4 Mud Wtr Inc.
    • Exhibit 92: Mud Wtr Inc. - Overview
    • Exhibit 93: Mud Wtr Inc. - Product / Service
    • Exhibit 94: Mud Wtr Inc. - Key offerings
  • 10.5 PepsiCo Inc.
    • Exhibit 95: PepsiCo Inc. - Overview
    • Exhibit 96: PepsiCo Inc. - Business segments
    • Exhibit 97: PepsiCo Inc. - Key news
    • Exhibit 98: PepsiCo Inc. - Key offerings
    • Exhibit 99: PepsiCo Inc. - Segment focus
  • 10.6 Postum
    • Exhibit 100: Postum - Overview
    • Exhibit 101: Postum - Product / Service
    • Exhibit 102: Postum - Key offerings
  • 10.7 Rishi Tea and Botanicals 
    • Exhibit 103: Rishi Tea and Botanicals - Overview
    • Exhibit 104: Rishi Tea and Botanicals - Product / Service
    • Exhibit 105: Rishi Tea and Botanicals - Key offerings
  • 10.8 Tattvas Herbs LLC
    • Exhibit 106: Tattvas Herbs LLC - Overview
    • Exhibit 107: Tattvas Herbs LLC - Product / Service
    • Exhibit 108: Tattvas Herbs LLC - Key offerings
  • 10.9 Teeccino Caffe Inc.
    • Exhibit 109: Teeccino Caffe Inc. - Overview
    • Exhibit 110: Teeccino Caffe Inc. - Product / Service
    • Exhibit 111: Teeccino Caffe Inc. - Key offerings
  • 10.10 The Hain Celestial Group Inc. 
    • Exhibit 112: The Hain Celestial Group Inc. - Overview
    • Exhibit 113: The Hain Celestial Group Inc. - Business segments
    • Exhibit 114: The Hain Celestial Group Inc. - Key news
    • Exhibit 115: The Hain Celestial Group Inc. - Key offerings
    • Exhibit 116: The Hain Celestial Group Inc. - Segment focus
  • 10.11 World Finer Foods LLC 
    • Exhibit 117: World Finer Foods LLC - Overview
    • Exhibit 118: World Finer Foods LLC - Product / Service
    • Exhibit 119: World Finer Foods LLC - Key offerings
  • 10.12 World Matcha Inc.
    • Exhibit 120: World Matcha Inc. - Overview
    • Exhibit 121: World Matcha Inc. - Product / Service
    • Exhibit 122: World Matcha Inc. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 123: Inclusions checklist
    • Exhibit 124: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 125: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 126: Research methodology
    • Exhibit 127: Validation techniques employed for market sizing
    • Exhibit 128: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 129: List of abbreviations
  • food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.

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