Market Size of Single Origin Coffee Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 8.25 % |
| Fastest Growing Market | South America |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Single Origin Coffee Market Analysis
The single origin coffee market is projected to register a CAGR of 8.25% during the forecast period, 2022-2027.
Coffee consumption has increased over years and the demand for single origin coffee is increasing even more. The unique characteristic and taste found in a particular coffee origin is driving the demand for the market studied. Alongside, the demand for single-origin instant coffee is rising in the market, owing to the convenience associated with its preparation at home.
Moreover, during the COVID-19 pandemic, the demand for single-origin instant coffee increased, due to the shutdown of cafes and restaurants. This led the players in the market to curate products by the changing preference of consumers. For instance, in December 2020, Ritual Coffee, a California-based coffee company launched single-origin instant coffee in eco-friendly sachets. This product is available in Whole Food Stores in Northern California, the company's Bay Area Cafés, and online retail channels nationwide.
Furthermore, the reliance of Millennials on coffee beverages for energy is driving the market further. The high-quality flavor of single origin coffee makes it suitable for Millenials who prefer strong brewed coffee on regular basis. In addition, the inclination of consumers toward clean label and organic coffee products is driving the demand for single origin coffee in the global market.
