Coffee is a beverage prepared by means of
percolation, infusion, or decoction from the roasted & floor seeds of a coffee
plant. Tea is one of the most famous & often consumed and most preferred
beverages. Phytochemicals, flavonoids and antioxidants in the tea help to
maintain the healthy functioning of the human body.
According to study, “Coffee
And Tea Manufacturing Global Market Report 2019” the key companies
operating in the global coffee and tea manufacturing market are US producers
Farmer Bros, JM Smucke, Keurig Dr Pepper, ITO EN, Maxingvest AG, Celestial
Seasonings, Inc., Dilmah (Ceylon Tea Services PLC.), Costa Limited, JAB Holding
Company S.r.l., Harney & Sons, Keurig Dr Pepper Inc., JDB (China) Beverages
Ltd., Van Houtte, Inc. (Canada), J.M. Smucker Company, Jacobs Douwe Egberts,
Dunkin' Donuts, Luigi Lavazza S.p.A., Kraft Heinz Company, McCafe, Nestle S.A,
Mcleod Russel, O'Coffee, R. Twining and Company Limited, Parry Agro Industries
Limited, Segafredo Zanetti SpA, R.C. Bigelow, Inc., Starbucks Corporation,
Strauss Group Ltd., Tata Coffee, Tata Global Beverages,, Tetley, The Republic
of Tea, Tchibo GmbH, UCC Ueshima Coffee Co. Ltd., Tim Hortons Inc., Tazo Tea
Company, Unilever PLC, Hindustan Unilever Limited, Yorkshire Tea. The key
companies are introducing fortified beverages for instance functional juices,
functional water with health benefits such as water balance, weight management
& improved digestion in the market.
Based on type, global coffee and tea
manufacturing market is segmented into black coffee and tea, herbal coffee and
tea, green coffee and tea and others. Based on product type, market is segmented
into instant coffee and tea, whole bean, ground coffee and bean and coffee pods
& capsules. Based on process method, market is segmented into roasting,
grading roasted beans, roast characteristics, decaffeination, storage, brewing,
nutrition, serving and instant coffee & tea. Based on form of tea, market
is segmented into CTC (Crush, Tear, and Curl) tea and leaf tea. Based on
packaging type, market is segmented into containers, bags and packets. Based on
distribution channel, market is segmented into off-trade channel and on-trade
channel. Off-trade channel are further sub-segmented into convenience stores,
supermarket or hypermarket, specialist retailers and others. ON-trade channels
are further sub-segmented into foodservice and cafes.
The coffee and tea manufacturing market is
driven by increase in demand for protein-fortified, organic & functional
beverages, followed by rise in disposable income of consumers, increase in
consumer awareness about the health concerns, rise in middle class & urbanized
population, emerge in markets growth, growth in earning capacity & increase
in disposable income, changes in taste & preferences and increase in demand
for ethically-produced, sustainable & certified coffee. However, health
scares, talent crunch, tax increases, and change in consumer preferences may
impact the market.
Based on geography, the Asian-Pacific region
holds major share in coffee and tea manufacturing market, followed by Western
Europe owing to increase in preference for Ready-to-Drink (RTD) coffee and tea
and rise in interest in naturally healthy products in the region. With busy
lifestyle, impact of new cuisines on the market, influence of social media on
the market and low cost foods, the scope for the market is probable to
significantly rise in the forecast period.
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