The
global Nitrogenated Coffee Market size is expected to
reach USD 51.1 million by 2025, according to a new report by Grand View
Research, Inc., expanding at a CAGR of 26.6% over the forecast period.
Increasing number of health conscious consumers is expected to fuel the demand
for the product, which contains less sugar and calorie as compared to other
caffeinated beverages. In addition, the thick texture and sweet taste of the
nitrogenated products are expected to boost the market growth in the upcoming
years.
The
vanilla flavor dominated the market, accounting for over 40.0% share of the
global revenue in 2018. Increased popularity of this flavor across the globe
has fueled the demand. The fruit and nuts flavor is expected to witness
significant growth in the near future owing to growing demand for maple,
coconut, hazelnut, and pecan flavored product. In December 2018, PJ's Coffee
introduced its southern pecan flavored nitrogen infused cold brew.
In
terms of packaging, can is expected to expand at the fastest CAGR of 29.0% from
2019 to 2025. Growing demand for ready-to-drink beverages is anticipated to
fuel the growth of the segment in the near future. In April 2015, Stumptown
Coffee Roasters launched its canned nitro cold brew considering the growing
demand for ready-to-drink beverage.
North
America held the largest share for over 80.0% of the total revenue in 2018. A
large number of regular coffee consumers and presence of major players in this
region have increased the demand for the product. Furthermore, manufacturers
are expanding their business in Asia Pacific owing to rapidly growing
popularity of the product in the countries including Japan, China, South Korea,
and Indonesia.
Key
competitors of this industry include International Coffee & Tea, LLC,
Starbucks Corporation, McDonald's, Stumptown Coffee Roasters, RISE Brewing Co.,
Dunkin', NITRO Beverage Co., Califia Farms, Blackeye Roasting Co., and Bona
Fide Nitro Coffee and Tea.
Browse
Details of Report @
https://www.grandviewresearch.com/industry-analysis/nitrogenated-coffee-market
https://www.grandviewresearch.com/industry-analysis/nitrogenated-coffee-market
Further
key findings from the report suggest:
- The nitrogenated coffee
market in North America held the largest share of more than 80.0% in 2018
- Asia Pacific is expected
to expand at the fastest CAGR of 30.7% from 2019 to 2025
- By flavor, vanilla
held the largest share of more than 40.0% in 2018
- By packaging, can is
expected to expand at the fastest CAGR of 29.0% from 2019 to 2025.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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