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Global Green Coffee Bean Extract Market by Form (Liquid and Powder). the green coffee bean extract powder form is expected to generate a revenue of US$ 613.2 million, holding a majority market share of 73.6%.
The global green coffee bean extract market is forecasted to expand at a CAGR of 8.1% and register an increase in revenue from US$ 833.2 million in 2023 to US$ 1.3 billion by the end of 2033.
Europe and East Asia are set to be the largest consumers of green coffee bean extract during the forecast period. The global green coffee bean extract market expanded at a CAGR of 4.7% during the historical period of 2018 to 2022. The market is expected to grow rapidly going ahead due to rising awareness about the benefits of the product.
Green coffee is unroasted coffee beans derived from coffee fruits. Green coffee bean extract is derived from unroasted coffee beans using innovative extraction techniques. The beans contain a high concentration of chlorogenic acid, resulting in them being used in a wide range of end-use industries.
Green coffee bean extract is a natural plant-based ingredient that has attracted the attention of manufacturers from diverse sectors since these beans are natural detoxifiers and possess potential health benefits. Additionally, green coffee bean extract manufacturers are benefitting from the rising awareness about its benefits for the skin. Moreover, consumers’ preference for natural and organic products has also fueled the demand for green coffee bean extract. The widespread presence and accessible nature of green coffee beans globally are expected to boost the production of green coffee bean extract over the coming years.
The two primary species of green coffee are Arabica and Robusta, which are mainly grown in low-income regions and exported globally. Arabica accounts for around 60% of green coffee production, while Robusta makes up around 40%. Coffea Arabica is cultivated in East Africa, India, Latin America, and New Guinea, while Coffea Robusta is mostly grown in Uganda, Indonesia, Vietnam, and Brazil.
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Green Coffee Bean Extract Market Size (2023E) |
US$ 833.2 Million |
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Projected Sales of Green Coffee Bean Extract (2033F) |
US$ 1.3 Billion |
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Value CAGR (2023 to 2033) |
4.7% |
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Value Share of Top 5 Countries (2023E) |
~32.4% |
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“Rising Preference for Organic, Premium, and Clean-label Supplements”
Consumers today are willing to spend more on supplements containing organic ingredients owing to their health benefits. They are turning to chemical-free, clean-label green coffee bean supplements produced from organic ingredients as they are aware of the harmful chemicals used in supplements.
Owing to lucrative profit margins, a growing number of manufacturers are producing organic supplements, and over the coming years, several businesses are anticipated to launch products containing green coffee bean extract.
“Innovative Flavor Combinations Boosting Product Sales”
Green coffee bean powder is rich in phenolic compounds, which help maintain blood pressure and boost metabolism. The roasting of green coffee beans enhances their taste, scent, and color in beverage production. Hence, producers are creating innovative drinks with distinct flavors using coffee bean extracts.
However, many sellers lack knowledge of the processing techniques, hindering their ability to advise on the optimal beans for extracts and beverages. Consumers can easily add this extract to smoothies, shakes, or snacks. Moreover, green coffee bean extract works well with fruit-flavored beverages; especially slightly tart ones such as citrus and cranberry.
“Rising Demand for Dietary Supplements across the World”
Rising awareness about maintaining personal well-being and immune health has shifted consumers from reactive to proactive healthcare. The coronavirus, along with changing lifestyles, has moved more people toward dietary supplements, and because of this, the supplement industry is expanding rapidly. An increase in the sales of dietary supplements has positively affected the green coffee bean extract market because flavonoids possess valuable qualities that can be utilized in various supplement forms, such as ingredients, additives, and active agents.
Manufacturers in the dietary supplements industry are actively using green coffee bean extracts to produce innovative offerings, which are available as gummies, tablets, capsules, and drink mixes.
“Increasing Government Intervention and Norms for Dietary Supplements Hindering Market Growth”
According to a study by the United States Pharmacopeial Convention, around 80% of adults use dietary supplements for wellness.
Dietary supplements for weight loss are put through stringent quality and safety tests in some countries, while some countries prohibit the manufacturing of certain products. This eventually affects cross-border trade.
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In Europe, the market value of green coffee bean extract is the highest in Germany (US$ 55.7 million), followed by Italy (US$ 45.7 million), France (US$ 37.6 million), and Spain (US$ 26.9 million).
The highest projected compound annual growth rate (CAGR) for end use is in the personal and cosmetic sector at 5.4%. Derivatives of green coffee beans such as oil and powder have enough antioxidants, esters, and fatty acids, which keep the skin hydrated and well-nourished and boost collagen production. In addition, essential fatty acids have been shown to reduce wrinkles and puffiness under the eyes. These factors make green coffee bean extract a vital component in cosmetic and personal care products.
What is the Current State of the North American Green Coffee Bean Extract Market?
In North America, the green coffee bean extract market in Canada and the U.S. is expected to expand at CAGRs of 6.7% and 5.8%, respectively.
Green coffee bean extract is used extensively in dietary supplements and weight loss supplements as well as in beverages for flavor ingredients. The food and beverages sector is expected to occupy 51.6% of the North American market during the forecast period.
Which Form of Green Coffee Bean Extract Generates the Most Revenue?
In 2023, the green coffee bean extract powder form is expected to generate a revenue of US$ 613.2 million, holding a majority market share of 73.6%. Its popularity is due to its ease of combination with other powders and wide usage in dietary supplements, health foods, functional foods, and natural medicine.
Why is Conventional Green Coffee Bean Extract Still More Popular?
The conventional type of green coffee bean extract is expected to hold a market value of US$ 714.8 million, which is higher than its organic counterpart. The conventional type is expected to occupy 85.8% share of the market.
As compared to organic farming, conventional farming of green coffee beans is easier and consumes fewer resources while producing the highest yield. Organic farming may have a reduced market share due to the higher investment required.
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The global market for green coffee bean extract is dominated by numerous regional players. The key strategy across the market is to optimize production and processing to deliver high-quality products to customers, through changes in the production line. Rapid investments in capital resources to improve production are also being made.
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Details |
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Forecast Period |
2023 to 2033 |
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Historical Data Available for |
2018 to 2022 |
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Market Analysis |
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Key Countries Covered |
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Key Market Segments Covered |
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Key Companies Profiled |
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Customization & Pricing |
Available upon Request |
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The global green coffee bean extract market is expected to be valued at US$ 833.2 million in 2023.
The global market for green coffee bean extract expanded at a CAGR of 3.9% between 2018 and 2022.
The market for green coffee bean extract is expected to reach US$ 1.3 billion by 2033.
Consumption of green coffee bean extract is expected to increase at a CAGR of 4.7% from 2023 to 2033.
Growing demand for functional food in Europe and green coffee beans in the cosmetic industry are key trends in the market.
Botanic Healthcare, Naturex, Alchem International Pvt. Ltd., and Croda International Plc are key manufacturers of green coffee bean extract.
The U.S., Germany, the U.K., Brazil, and China account for higher sales of green coffee bean extract.
The U.S. market for green coffee bean extract is expected to be valued at US$ 141.2 million in 2023 and expand at a CAGR of 5.8% during the forecast period (2023 to 2033).
