Urbanization Fuels Canned Coffee Demand In Emerging Economies

Published: 2025-03-13
Views: 11
Author: falguni mmr
Published in: Business

Global Canned Coffee Market Anticipated to Reach USD 20.08 Billion by 2030

The global canned coffee market is projected to grow from USD 14.08 billion in 2023 to approximately USD 20.08 billion by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 5.2 percent during the forecast period.

Market Dynamics

Originating from Japan, canned coffee has become a staple in supermarkets, convenience stores, and food malls worldwide. Factors such as rising health awareness, increasing per capita income, changing lifestyles, and innovative marketing strategies are driving market growth. The combination of canned coffee with energy drinks and its widespread availability across various retail outlets further bolster its popularity.

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Competitive Landscape

The market is characterized by intense competition, with key players focusing on product innovation and strategic expansions. For instance, Nespresso recently launched its first-ever ready-to-drink (RTD) coffee, the Master Origins Colombia, featuring high-quality coffee beans blended with Colombian honey. This limited-edition beverage became available in the US starting October 2, aligning with the brand's commitment to functionality and sustainability.

Regional Insights

United States: Growth and Opportunities

In the United States, the canned coffee market is experiencing significant growth due to the increasing demand for convenient, high-quality coffee options. The launch of products like Nespresso's Master Origins Colombia RTD coffee caters to the evolving consumer preferences for premium and sustainable beverages.

Asia-Pacific: Trends and Developments

The Asia-Pacific region, particularly Japan, remains a dominant force in the canned coffee market. The innovation of canned coffee in Japan has led to a diverse range of products, including heated coffee cans in autumn and winter and cold coffee cans during warmer months. The region's strong coffee culture and continuous product innovations contribute to sustained market growth.

Europe: Consolidation and Updation

Europe has witnessed significant consolidation activities in the canned coffee market. Notably, JAB Holding increased its majority stake in JDE Peet's to 68 percent by purchasing Mondelez's 17.6 percent interest for €2.2 billion. This strategic move underscores the region's commitment to strengthening its position in the global coffee market.

Middle East and Africa: Emerging Trends

The Middle East and Africa are emerging markets for canned coffee, with increasing urbanization and a growing young population driving demand. The introduction of diverse canned coffee products caters to the evolving tastes of consumers in these regions, presenting new growth opportunities for market players.

Recent Developments

• Nespresso's RTD Coffee Launch: Nespresso introduced its first RTD coffee, Master Origins Colombia, featuring high-quality coffee beans blended with Colombian honey, available in the US from October 2.
• JAB Holding's Stake Increase in JDE Peet's: JAB Holding expanded its majority stake in JDE Peet's to 68 percent by acquiring Mondelez's 17.6 percent interest for €2.2 billion, reflecting strategic consolidation in the European coffee market.

Coffee Shop Market segmentation :

by Product

Regular
Mocha
Cappuccino
Latte
Black coffee
Expresso
others

With a market share of roughly XX%, the Regular canned coffee segment led the Canned Coffee Market in 2023 based on product. The segment is also anticipated to expand at a compound annual growth rate (CAGR) of 5.3% over the projection period, per the MMR analysis. Because of its fundamental appeal and broad consumer acceptance, regular canned coffee plays a big part in the market segment analysis. Appealing to a wide range of coffee drinkers, this category usually consists of traditional coffee flavors with few additions or changes. Regular canned coffee is prized for its consistency and ease of use, providing a taste that is familiar to conventional coffee lovers. Regular canned coffee frequently holds a significant market share because of its widespread appeal and

by Distribution Channel

Super Markets/ Hypermarkets
Convenience Stores
Food Service Centres
Others

Geographically speaking, APAC had the largest market share (xxx%) in 2023 and is anticipated to maintain its lead throughout the forecast period due to the presence of numerous tea and coffee farms in nations like China and Japan. The market leader in this area is Japan. One of the most famous Japanese inventions of the time is the coffee can. With 3.1 billion liters consumed annually, almost half of the world's total, Japan is the largest consumer of ready-to-drink beer.

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Learn about the top players driving innovation in the Coffee Shop Market :

1. Ueshima Coffee Co.
2. Starbucks Corporation
3. Nestle S.A
4. Illycaffe S.p.A.
5. The Coca-Cola Company
6. Stumptown Coffee Roasters Inc.
7. High Brew Coffee, Inc.
8. Arla Foods
9. The J.M. Smucker Company
10.Suntory Beverage & Food
11.Lotte Chilsung Beverage Co Ltd
12.Tres Coracoes Alimentos S.A.
13.Dr. Pepper Snapple Group
14.Dunkin' Brands
15.WhiteWave Foods

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