A new research study recently added by Transparency Market Research offers a detailed overview of the global decaffeinated coffee market. The research study, titled “Decaffeinated Coffee Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” throws light on the major aspects of the market that are projected to determine the growth of the market in the next few years. In addition to this, the regional segments and the competitive landscape of the global market have been discussed at length in the scope of the research report.
The increasing consumer demand for products that are free from caffeine, preservatives, and other toxic ingredients is one of the major factors estimated to encourage the growth of the global decaffeinated coffee market in the coming years. The increasing awareness among consumers regarding the benefits of consuming decaffeinated coffee is further predicted to accelerate the market growth. On the flip side, the easy availability of substitutes that are comparatively healthy is projected to restrict the growth of the market throughout the forecast period. Nonetheless, the hectic life of people and easy availability is anticipated to generate promising growth opportunities in the coming years.
The global decaffeinated coffee market can be classified on the basis of packaging type into glass jars, cartons, flexible packaging, and plastic bottles. Among these, the flexible packaging segment is anticipated to witness high growth in the next few years, thanks to the ease of packaging options it offers. In addition, innovations and cost-effective products offered by flexible packaging segment is likely to act as a key factor accelerating the growth in the coming years. Among the major end use segments, namely household and HoReCa, the latter segment is likely to register a promising growth throughout the forecast period.
On the basis of geography, the global market for decaffeinated coffee has been classified into the Middle East and Africa, Asia Pacific, North America, Latin America, and Europe. The increasing preference of decaffeinated coffee among millennial consumers, owing to which the high consumption of decaffeinated coffee is expected to be high in Latin America, Asia Pacific, and Canada. In addition to this, the rapid development of the distribution channels is also expected to encourage the growth of the decaffeinated coffee market in these regions.
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At present, the global decaffeinated coffee market is competitive in nature with a presence of several key players operating worldwide. The leading players operating in the decaffeinated coffee market across the globe are Hills Bros., Peet’s, Fresh Roasted Coffee LLC., Don Pablo, Koffeekult, Royal Kona, Jo Coffee, Red Thread, and Volcanica Coffee. These players are focusing on enhancing their distribution channels in order to make their product easily available to consumers. In addition to this, the advertising and marketing activities carried by the leading players are projected to generate promising growth opportunities in the next few years