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New Delhi, Oct. 29, 2022 (GLOBE NEWSWIRE) — Global green coffee market is growing at a positive rate because of the increasing interest in plant-based dietary supplements, functional meals and beverages. The market will expand as a result of rising demand for specialty coffee in both developing and developed countries.
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the global green coffee market is expected to grow at a CAGR of 6.4% from 2022-2028 (forecast period). Global green coffee market is booming because of the increasing interest in plant-based dietary supplements, functional meals and beverages. The market will expand as a result of rising demand for specialty coffee in both developing and developed countries.
The growing demand for specialty coffee is a major factor in the industry’s projected rapid expansion
Modern shoppers have no problem shelling out more cash for a product that has been improved upon in terms of quality and has a flavor profile that appeals to them. Consumers are warming up to specialty coffee as more and more of it becomes available from unique regions and with unique flavors. There are a few key differences between normal and specialty coffees, the most notable being the fact that specialty coffees are produced at higher altitudes and undergo more stringent processing following harvest. The growing interest in coffees that are better for you and have traceable origins is also contributing to the industry’s success. Millennials are becoming interested in specialty coffee because they see it as a high-value, high-quality alternative to mainstream coffee.
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Market Trend
The growing demand for nutraceuticals and nutritional supplements is expected to fuel industry expansion
In the recent past, there has been a widespread trend in consumer purchasing…
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