Green Coffee Extract Market

Global Green Coffee Extract Market Forecast

• The approximately US$897.2 Mn market for green coffee extract (2022) likely to reach US$1,578 Mn by 2030-end
• Global green coffee extract market size poised to exhibit a CAGR of 8.4% over 2023 - 2030

 Quick Report Digest

1. Consumer demand is being driven by an increasing knowledge of the health benefits of green coffee extract, including its antioxidant properties and ability to help control weight. Because of this increased awareness, product acceptance is surging, which is greatly boosting the market's growth.
2. The market for green coffee extract is gaining from customers' preference for natural and useful substances in their diets. Demand is being driven by the apparent health benefits of natural extracts, and as more people look for products with these qualities, the market is growing.
3. The market for green coffee extract is dominated by powder form due to its adaptability in a range of applications, including beverages and supplements. Powdered extracts are a major factor in the market expansion of this sector because of their easy integration into various products, extended shelf life, and convenient usage.
4. The market for green coffee extract is dominated by the organic sector, driven by consumers' growing desire for natural and sustainably derived goods. Growth in the organic market is driven by consumers' preference for solutions devoid of chemicals and those that are environmentally friendly.
5. The market for green coffee extract is led by the dietary supplements segment due to the growing emphasis on health and wellness. The market sector that dominates weight management and antioxidant benefits is driven by growing customer interest in these areas.
6. The market for green coffee extract is expanding at the quickest rate in the Asia Pacific region. The demand for natural and functional ingredients is being driven by rising health consciousness, a growing middle class, and rising disposable income in nations like China, and India, which is greatly expanding the industry.
7. In terms of market share for green coffee extract, North America dominates. The market is expanding due to the region's well-established wellness and health trends as well as the robust demand for natural products. North America holds a leading position in the market due to the presence of significant players and robust consumer awareness.
8. Europe is currently the second-largest market for green coffee extract. The region's significant market share is a result of its emphasis on natural and organic ingredients as well as a developed market for functional foods and dietary supplements. Growing consumer inclination toward healthier lifestyles is fueling the European market's expansion.

A Look Back and a Look Forward - Comparative Analysis

The market for green coffee extract is expanding rapidly due to growing consumer knowledge of its health benefits and a growing need for components that are natural and functional. Important market niches that are currently dominating include powdered forms, dietary supplements, and organic extracts; these trends reflect consumers' shifting tastes for healthier solutions. Significant market traction is being seen in major markets, especially Asia Pacific, and North America, as a result of changing lifestyles and an increased emphasis on wellness.

Over time, there has been a notable shift in the market for green coffee extract. Historical patterns show that customers are gradually moving toward natural and organic products as they become more picky about the contents of the food and drinks they consume. Coffee usage has changed over time, and extracts are now prized for their potential to improve health. The dynamic interaction between consumer tastes, scientific developments, and industry innovations is reflected in the market's historical trajectory.

The market for green coffee extract is expected to continue expanding in the future. Trends to watch out for are a greater focus on sustainability, technological developments in extraction methods, and the rise of creative product formulas. As awareness grows and cutting-edge applications in pharmaceuticals and cosmetics find momentum, the market is anticipated to grow into new geographic areas. In response to changing customer preferences, the green coffee extract market is anticipated to continue to innovate and diversify. This is because consumers are becoming more interested in functional and natural ingredients.

Key Growth Determinants

• Increasing Consumer Awareness, and Demand for Health and Wellness

The increasing focus on health and wellbeing among consumers and their increased awareness of the product are among the main factors driving the market expansion for green coffee extract. People are moving toward things they believe to be healthier options as they become more aware of their diets and lives. Green coffee extract fits with this consumer preference for natural and functional ingredients because it is well-known for its possible health benefits, which include helping with weight control and providing antioxidant characteristics.

An increase in demand is being seen for goods containing green coffee extract in a variety of applications, such as nutritional supplements, drinks, and cosmetics, due to a growing awareness of the possible benefits on general well-being.

• Rise in Demand for Natural and Functional Ingredients

One important driver of market expansion for green coffee extract is the growing need for natural and functional components. More and more consumers are looking for goods with the most nutritional value and the fewest chemical additions. This preference is well suited to green coffee extract, which is made from unroasted coffee beans and is thought to be a natural source of bioactive chemicals.

Because of its high concentration of chlorogenic acids, which are well-known for their antioxidant qualities, it fits nicely with the current trend of using functional ingredients to promote health. Green coffee extract's adaptability to a range of applications, such as drinks, cosmetics, and medications, makes it a sought-after natural ingredient and greatly propels the market's growth.

• Growing Product Diversification

The market for green coffee extract is expanding as a result of expanding product offerings and more market penetration. Key market participants are aggressively diversifying their product lines in response to growing consumer awareness and the growing demand for green coffee extract. This entails launching novel formulations, combining components that work well together, and expanding the range of sectors in which they are used.

The increasing number of online and offline distribution channels makes green coffee extract products more accessible to a wider range of customers. The entire market potential is improved by this combination of expanded market reach and varied product offerings, which supports the industry's long-term growth in green coffee extract.

The market's dynamic nature and capacity to seize a greater portion of the health and wellness product landscape are attributed to the continuous efforts made to cater to the varied demands and preferences of consumers.

Major Growth Barriers

• Limited Availability of Raw Materials, and Fluctuating Supply Chain

The market for green coffee extract is severely constrained by the scarcity of premium raw materials, specifically unroasted green coffee beans. Variations in the world coffee market, brought on by things like geopolitical events and climate change, affect the supply chain and can make it difficult to find premium-quality raw materials that are consistently available. This limitation could jeopardize supply consistency and cause pricing uncertainty for producers, which could impede market expansion as a whole.

• Price Volatility, and Affordability Concerns

One significant impediment to the growth of the green coffee extract market is price volatility, which is impacted by many factors such as weather patterns, crop yields, and geopolitical developments that impact coffee-producing nations. The volatility of raw material costs might pose difficulties for manufacturers and customers in terms of keeping products affordable.

Premium green coffee extract is frequently expensive, making it inaccessible to a wider range of buyers. Concerns about affordability could impede market penetration, especially in price-sensitive areas, which would reduce the industry's potential for overall growth in the green coffee extract sector.

Key Trends and Opportunities to Look at

1. Expansion of Product Applications into Emerging Industries

The market for green coffee extract has a lot of potential due to the growing applications of this product in developing sectors. Industries like cosmetics and pharmaceuticals have the potential for expansion in addition to conventional categories like nutritional supplements and beverages.

Because of its antioxidant and bioactive qualities, green coffee extract is being used in cosmetic goods and pharmaceutical formulations, which gives market participants additional opportunities. By taking advantage of this trend, one can diversify, reach unexplored market niches, and promote innovation in product development.

2. Emphasis on Sustainable and Ethical Sourcing Practices

An emerging prospect for the market for green coffee extract is the growing focus on sustainable and ethical sourcing methods. Customers are expecting ethical raw material sourcing and supply chain transparency as they grow more ecologically conscientious.

Market participants can obtain a competitive advantage by using sustainable practices, such as Fair Trade certifications and ecologically friendly farming techniques. In addition to satisfying consumer expectations, aligning with these principles presents firms as socially conscious, opening doors for market expansion and boosting reputation.

3. Technological Advancements in Extraction Processes

The market for green coffee extract has a lot of potential due to technological developments in extraction methods. Advancements in extraction technology lead to increased productivity, better yields, and better preservation of the extract's bioactive components. This helps to make production more economical while also improving the quality of the finished product.

Gaining a competitive edge through research and development to enhance extraction techniques can help businesses satisfy the increasing demand for premium green coffee extract with increased strength and bioavailability. The market is positioned for long-term growth and greater market penetration thanks to this technical possibility.

How Does the Regulatory Scenario Shape this Industry?

Global health and food safety authorities have set regulatory rules and recommendations that apply to the green coffee extract business. The purpose of these laws is to guarantee the quality, safety, and appropriate labeling of green coffee extract goods.

Market participants must adhere to the criteria established by regulatory agencies such as the European Food Safety Authority (EFSA), the Food and Drug Administration (FDA), and other pertinent associations. Strict testing, meticulous record-keeping of the production procedures, and open labeling are all necessary to ensure that consumers are accurately informed about the ingredients and possible health advantages of goods containing green coffee extract.

Fairfield’s Ranking Board

Top Segments

1. Green Coffee Extract Powder Bestselling Form

In 2022, the market for green coffee extract will be dominated by powder form because of its simplicity and adaptability. Longer shelf life, ease of incorporation into a variety of products, and convenient uses in dietary supplements and drinks are some of the benefits of powdered extracts.

Green coffee extract in powdered form has been widely adopted and has continued to rise in the market due to consumer preferences for items that easily integrate into everyday routines. In the market for green coffee extract, the liquid form is starting to rise at the quickest rate. Its quick expansion can be linked to the expanding popularity of liquid formulations in health and wellness goods as well as the growing demand for ready-to-drink beverages.

Customers looking for the health advantages of green coffee extract have an easy-to-transport option in liquid extracts. The market's liquid form segment is expanding at a faster rate due to its convenient consumption and creative product development possibilities.

2. Sales of Organic Coffee Extract Dominant

The market for green coffee extract is now dominated by the organic sector in 2022, driven by consumers' increasing desire for natural and sustainably derived goods. Organic green coffee extract is widely used due to growing consumer awareness of the negative environmental effects of conventional farming methods and a demand for chemical-free alternatives.

The demand for organic green coffee extract in a variety of applications, including dietary supplements, drinks, and cosmetics, is being driven by consumers' perceptions of organic products as being healthier and more environmentally friendly.

The conventional section of the green coffee extract market is developing at the fastest rate despite the organic segment still holding a sizable market share during the forecast period. This expansion is ascribed to elements like financial concerns and the increased accessibility of green coffee beans cultivated traditionally.

The preference of certain consumers for price over organic certification has resulted in a rise in the usage of conventional green coffee extract. The conventional segment's quick rise in the market is also attributed to its wider production infrastructure and longer supply chain.

3. Popularity of Dietary Supplements Prevails

The dietary supplements segment currently dominates the market for green coffee extract because of the growing emphasis on health and wellness. Green coffee extract is one of the natural components that consumers are actively looking for to promote weight control and general well-being.

The dietary supplement market is dominated in large part by the ease with which these extracts can be added to supplement formulations and the growing recognition of their potential advantages. In the market for green coffee extract, the cosmetics and personal care category is developing at the quickest rate in the coming years.

Green coffee extract is becoming more and more popular in skincare and cosmetic products due to the growing interest in natural and functional ingredients in the beauty sector. Green coffee extract is being used in formulations to treat skin care issues like anti-ageing and skin renewal because of its antioxidant capabilities.

Green coffee extract is growing quickly in the cosmetics and personal care market due to the popularity of natural beauty products and the need for creative skincare solutions.

Regional Frontrunners

Aware Consumers of North America Uphold the Region’s Top Rank

In 2022, the market for green coffee extract will be concentrated in North America because of the region's well-established culture of health and wellbeing. Because consumers in the area are well-informed about the advantages of green coffee extract, it is widely used in a variety of applications.

Furthermore, contributing to North America's leading position is the existence of significant market participants, strong distribution networks, and an established market for dietary supplements. The qualities of green coffee extract complement the region's preference for natural and practical components, which promotes steady expansion and market dominance in North America.

 Asia Pacific Gains from a Growing Appetite for Natural and Functional Ingredients

The green coffee extract market is expanding at the quickest rate in Asia Pacific due to rising consumer awareness and a growing focus on health and wellness. Green coffee extract is among the natural and functional substances in high demand due to rising disposable incomes, especially in China, and India. The dynamic food and beverage industry in the region, along with the expanding trend of dietary supplements, is a major factor driving the market's quick rise in Asia Pacific.

 Fairfield’s Competitive Landscape Analysis

The competitive environment in the green coffee extract industry is defined by the existence of major firms that are pursuing product innovation, joint ventures, and global expansion. While new entrants want to carve out a niche by offering novel formulations and sustainable methods, established companies prioritise meeting changing consumer tastes and preserving product quality.

Who are the Leaders in the Global Green Coffee Extract Space?

• Alchem International Pvt. Ltd.
• Alpsure Lifesciences Pvt. Ltd.
• Botanic Healthcare
• BioGin Biochemicals Co. Ltd.
• Croda International
• Cymbio Pharma Private Limited
• Hawaii Pharma LLC
• Laybio
• Nectar Phytochems
• Naturex

Significant Company Developments

Expansion

• 2023: Cimbria, a Danish provider of food processing solutions, is extending its services across the continent as the green coffee industry in South America grows and diversifies. Cimbria is well-known for its work in Ethiopia, where it holds about 80% of the market share. The company entered the Latin American market in 2019 and now seeks to leverage its knowledge in Africa to address needs there.

Funding

• September 2022: The Green Coffee business, the biggest coffee producer in Colombia and a portfolio business of the Legacy Group announced today the opening of its $100 million Series C investment round. A $25 million equity investment and a $75 million loan financing transaction are proposed for this phase.
• November 2023: To offer regional coffee beans to its clients around the kingdom, Saudi Coffee Company partnered with Beans. Beans United is in charge of subsidiary brands, including Piccolo Specialty Coffee Roaster. This Memorandum of Understanding is consistent with the Saudi Coffee Company's ongoing initiatives to assist the private sector and promote regional coffee farms in an effort to spur the expansion of the region's coffee market.
• January 2023: Nactis Flavours, a division of Nactarome Group, and Trablit-ISDA are teaming together to fortify their mutual presence in the confectionery industry. As a result of the partnership, Nactis Flavours will establish a new coffee extract section that will be a totally owned subsidiary. The partnership's financial particulars were not made public.

An Expert’s Eye

Demand and Future Growth

The market for green coffee extract is expected to develop in the future due to persistent demand. The qualities of green coffee extract are in line with the growing customer preference for natural components and health advantages. Experts predict that demand will continue to soar due to novel product formulations and growing uses in the pharmaceutical and cosmetic industries.

The industry is positioned for long-term growth due to factors like technical advancements, an emphasis on sustainable practices, and its capacity to react to changing consumer tastes. The market's adaptability and capacity to serve a wider range of sectors support a favourable prognosis for ongoing demand and growth.

Supply Side of the Market

According to our analysis, unroasted coffee beans are grown, harvested, and processed in a dynamic environment that is reflected in the supply side of the green coffee extract market. Global coffee-producing regions are important links in the supply chain that impact the quality and yield of the crop. Cultivation sustainability methods are becoming more popular as attempts are made to guarantee ethical sourcing and lessen environmental effects.

Progress in extraction technology also helps with productive output. The market's growth trajectory is largely determined by the ability of key suppliers and manufacturers to maintain a steady and high-quality supply of green coffee extract, even as they adjust to meet the increasing demand.

Global Green Coffee Extract Market is Segmented as Below:

By Form:

• Liquid
• Powder

By Nature:

• Organic
• Conventional

By Application:

• Cosmetics & Personal Care
• Dietary Supplements
• Beverages
• Pharmaceuticals

By Geographic Coverage:

• North America 
  • U.S. 
  • Canada 
• Europe 
  • Germany
  • U.K.
  • France
  • Italy
  • Turkey
  • Russia
  • Rest of Europe 
• Asia Pacific 
  • China
  • Japan
  • South Korea
  • India
  • Southeast Asia
  • Rest of Asia Pacific 
• Latin America 
  • Brazil 
  • Mexico 
  • Argentina
  • Rest of Latin America 
• Middle East & Africa  
  • GCC 
  • South Africa
  • Egypt
  • Nigeria
  • Rest of the Middle East & Africa