Coffee Beans Market SummaryThe global coffee beans market size was valued at USD 32.6 billion in 2023 and is projected to reach USD 55.0 billion by 2030, expanding at a robust compound annual growth rate (CAGR) of 7.9% from 2024 to 2030. This growth trajectory is significantly fueled by the increasing trend of coffee consumption among the global youth population. The rising penetration of international franchise outlets such as Starbucks, particularly across Asia Pacific countries and other emerging economies, has amplified market demand. Factors such as the growing disposable income among younger demographics and the diverse array of coffee-based beverages offered by cafes and restaurants are also acting as major contributors to the market’s expansion.
In addition to the food and beverage sector, coffee beans are finding increasing relevance in the pharmaceutical industry due to their high antioxidant content and recognized role in supporting weight management. The therapeutic and functional attributes of coffee are being explored for various health benefits, which contributes to the rising interest among pharmaceutical developers. Furthermore, the cosmetic industry is utilizing coffee beans in innovative ways, such as in the development of skincare products that emphasize anti-aging and exfoliation properties, which is expected to support continued market growth through 2030.
Arabica coffee beans accounted for the largest revenue share of 59.8% in 2023. Their popularity is attributed to specific sensory qualities, including a smoother, sweeter flavor profile with notes of chocolate and sugar, making them more palatable to a broad range of consumers. Additionally, Arabica beans contain less caffeine compared to Robusta beans, which are often associated with a more bitter taste due to their higher caffeine concentration.
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Key Market Trends & Insights
1) The food sector emerged as the leading application segment, contributing 72.2% of the market revenue in 2023. This dominance is primarily due to the widespread use of coffee beans in beverages such as espresso, cappuccino, and cold brews. Coffee beans are also widely used in the preparation of desserts, including cakes, candies, cookies, and muffins, thus expanding their applicability and driving positive market momentum.
2) The pharmaceutical sector is projected to witness the fastest CAGR of 10.9% during the forecast period. This growth is underpinned by a rising global awareness of the health benefits linked to moderate coffee consumption, including improved metabolism, cognitive function, and antioxidant protection.
3) Europe led the global coffee beans market in 2023, capturing the highest revenue share of 34.8%. The region's deep-rooted coffee culture—dating back to the seventeenth century—remains a strong driver. The tradition of daily coffee consumption has become an integral part of European lifestyles, supporting sustained market demand.