The Asia Pacific Roasted Coffee Market would witness market growth of 5.5% CAGR during the forecast period (2022-2028).
Even though dark roast coffee is seen to be healthier for people, drinking too much coffee was formerly thought to be detrimental to health. Regularly consuming too much coffee is linked to potential health hazards, including lung cancer, heart problems, etc.
The taste and fragrance that are trapped within green coffee beans are released during roasting. Therefore, beans are maintained in green storage, where they may be preserved without losing their flavor or quality. A green bean lacks all the qualities of a roasted bean; it tastes grassy and is soft to the biting.
The beans are quickly heated to very high temperatures during roasting, which results in chemical changes. They are immediately cooled to end the process once they have reached the pinnacle of perfection. Roasted beans have a coffee-like aroma and are lighter in weight due to moisture removal during roasting. Finally, they are ready to be ground and brewed and are crisp to the mouth.
China has increased its coffee consumption during the last 30 years. Local coffee companies in the country face rising competition from foreign manufacturers like Nestlé and Starbucks for retail coffee sales. Customers may buy things online for delivery or in-store pickup thanks to local businesses "online to offline" (O2O) strategy. Due to all these factors, the demand for roasted coffee is expected to increase in the APAC area.
The China market dominated the Asia Pacific Roasted Coffee Market by Country in 2021; thereby, achieving a market value of $5,181.6 million by 2028. The Japan market is registering a CAGR of 4.9% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 6.1% during (2022 - 2028).
Based on Type, the market is segmented into Arabica and Robusta. Based on Distribution Channel, the market is segmented into B2B and B2C (Hypermarkets/Supermarkets, Convenience Stores, Online, and Others). Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Roasted Coffee Market is Projected to reach USD 56.5 Billion by 2028, at a CAGR of 5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A., Starbucks Coffee Company, JDE Peet's N.V., Tchibo GmbH (maxingvest ag), LUIGI LAVAZZA S.p.A., Strauss Coffee B.V. (Strauss Group Ltd), The J.M Smucker Company, UCC Ueshima Coffee Co., Ltd. (UCC Holdings Co., Ltd.), Massimo Zanetti Beverage Group S.p.A and Melitta Group
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