#Kopi #Luwak #Coffee #Market #Size #projected #reach #USD
New York, United States, Oct. 04, 2022 (GLOBE NEWSWIRE) —
The huge demand and high-prices of the kopi luwak drive the search for a way to produce the exotic beverage without exploiting the civets. Various companies are innovating and trying to produce kopi luwak with the help of bioreactors or human probiotic strains. In China, ICS Biological Technology firm is fermenting coffee beans with human probiotic strain to increase the nutritional value of kopi luwak coffee. The process reduces the amount of caffeine in the coffee beans, allowing caffeine-sensitive individuals to enjoy the beverage. Thus, the adoption of sustainable methods for producing kopi luwak coffee fosters market growth.
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Impact of COVID-19
The COVID-19 pandemic is projected to have a profound effect on the global coffee market, including production, consumption, and international trade. Reduced household incomes is subsequently decelerating the demand for coffee in terms of voulme. In addition, the price-sensitive consumers may replace higher value coffee-kopi luwak with smaller-value brands and blends.
Report Scope
| Report Metric | Details |
| Market Size | USD 10 Billion by 2030 |
| CAGR | 4.9% (2022-2030) |
| Historical Data | 2019-2020 |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Distribution Channel, Coffee Feed Type, Coffee Type,Region |
| Geographies Covered | North America, Europe, Asia-Pacific, LAME and Rest of the World |
| Key Companies Profiled/Vendors | Kopi Luwak Coffee ,Lavanta Coffee ,Vinacafe ,Wild Gayo Luwak ,Mandailing Estate ,Rumacoffee ,Bantai Civet Coffee ,Kopi Luwak Direct ,Kaya Kopi, LLC ,Sumatra Kopi Luwak ,Coffee Bean Shop Ltd. |
| Key Market Opportunities | Increasing Demand for Luxury Travel to Drive the Demand for Kopi Luwak Coffee |
| Key Market Drivers | Plethora… |
Read on GNW: Kopi Luwak Coffee Market Size is projected to reach USD 10
