China Coffee Market Insights Forecasts to 2033

• The China Coffee Market Size was valued at USD 2.05 Billion in 2023.
• The Market is Growing at a CAGR of 1.84% from 2023 to 2033
• The China Coffee Market Size is Expected to Reach USD 2.46 Billion by 2033

The China Coffee Market is Anticipated to Reach USD 2.46 Billion by 2033, growing at a CAGR of 1.84% from 2023 to 2033.

Market Overview

Coffee is a drink prepared by infusing, decoctioning, or percolating ground and roasted coffee seeds. Millions of coffee plants and roasters are supported by coffee as it is one of the most important crops for export. The coffee market offers two types of coffee: instant coffee, which just needs hot water added, and roast coffee, which is made with whole beans and ground coffee and made with coffee machines or press machines. The growth of the market is being helped by rising disposable incomes, evolving lifestyles, and a growing consumer culture around coffee. Gourmet and specialty coffee are frequently linked to superior quality and distinctive flavor qualities. The value of the coffee market as a whole rises as a result of consumers being more willing to pay more for these coffees.       

Report Coverage

This research report categorizes the market for the China coffee market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the China coffee market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the China coffee market.

Driving Factors

The market is growing due to the popularity of specialty coffee, which features single-origin beans, distinctive flavor characteristics, and sustainable sourcing methods. The millennial and rich populations, growing e-commerce retail sales, antioxidant-fortified coffee, and growing health concerns about caffeine are all driving the market growth. The coffee market is expanding more quickly due to the growing demand for fair-trade and organic coffee. Single-serve coffee brew systems are becoming more popular, customers are demanding certified coffee products, and the leading companies in the industry are constantly coming up with new ideas. These represent just a small percentage of economic forces driving the growth in the coffee market. 

Restraining Factors

Numerous factors affect the price of coffee beans, such as the state of the weather, political unrest, and economic conditions. The coffee market could be restricted by these fluctuations.

Market Segmentation

The China coffee market share is classified into product type and distribution channel.

• The instant coffee segment is expected to hold the largest market share through the forecast period.

The China coffee market is segmented by product type into whole-bean, ground coffee, instant coffee, and coffee pods and capsules. Among these, the instant coffee segment is expected to hold the largest market share through the forecast period. Making instant coffee is simple and provides delicious results. This indicates that there is a huge demand for instant coffee from the main coffee brands.   

• The off-trade segment is expected to dominate the China coffee market during the forecast period.       

Based on the distribution channel, the China coffee market is divided into on-trade and off-trade. Among these, the off-trade segment is expected to dominate the China coffee market during the forecast period. Convenience stores, specialty retailers, supermarkets/hypermarkets, and others are the further segments of off-trade. The availability of a diverse choice of products at supermarkets and hypermarkets, along with the enormous shop location, are the primary factors driving off-trade coffee market.   

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the China coffee market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Starbucks Coffee Company
• Nestle SA
• Luigi Lavazza SPA
• Gloria Jeans
• JAB Holding Company
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In February 2024, to celebrate the Lunar New Year, Starbucks launched the "Pork-Latte," a coffee with a flavor of braised pork, in China. It costs 68 yuan ($9.45). This action is a component of Starbucks' plan to strengthen its relationship with Chinese customers in that market.    

Market Segment

This study forecasts revenue at China, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the China coffee market based on the below-mentioned segments:

China Coffee Market, By Product Type

• Whole-Bean
• Ground Coffee
• Instant Coffee
• Coffee Pods
• Capsules

China Coffee Market, By Distribution Channel

• On-Trade
• Off-Trade