Increasing Number Of Health Conscious Consumers Is Expected To Fuel The Demand For The Nitrogenated Coffee Industry

The global nitrogenated coffee market size is expected to reach USD 51.1 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 26.6% over the forecast period. Increasing number of health conscious consumers is expected to fuel the demand for the product, which contains less sugar and calorie as compared to other caffeinated beverages. In addition, the thick texture and sweet taste of the nitrogenated products are expected to boost the market growth in the upcoming years.

The vanilla flavor dominated the market, accounting for over 40.0% share of the global revenue in 2018. Increased popularity of this flavor across the globe has fueled the demand. The fruit and nuts flavor is expected to witness significant growth in the near future owing to growing demand for maple, coconut, hazelnut, and pecan flavored product. In December 2018, PJ's Coffee introduced its southern pecan flavored nitrogen infused cold brew.

In terms of packaging, can is expected to expand at the fastest CAGR of 29.0% from 2019 to 2025. Growing demand for ready-to-drink beverages is anticipated to fuel the growth of the segment in the near future. In April 2015, Stumptown Coffee Roasters launched its canned nitro cold brew considering the growing demand for ready-to-drink beverage.

North America held the largest share for over 80.0% of the total revenue in 2018. A large number of regular coffee consumers and presence of major players in this region have increased the demand for the product. Furthermore, manufacturers are expanding their business in Asia Pacific owing to rapidly growing popularity of the product in the countries including Japan, China, South Korea, and Indonesia.

Key competitors of this industry include International Coffee & Tea, LLC, Starbucks Corporation, McDonald's, Stumptown Coffee Roasters, RISE Brewing Co., Dunkin', NITRO Beverage Co., Califia Farms, Blackeye Roasting Co., and Bona Fide Nitro Coffee and Tea.

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Further key findings from the report suggest:

• The nitrogenated coffee market in North America held the largest share of more than 80.0% in 2018
• Asia Pacific is expected to expand at the fastest CAGR of 30.7% from 2019 to 2025
• By flavor, vanilla  held the largest share of more than 40.0% in 2018
• By packaging, can is expected to expand at the fastest CAGR of 29.0% from 2019 to 2025.

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Grand View Research has segmented the global nitrogenated coffee market on the basis of flavor, packaging, and region:

Nitrogenated Coffee Flavor Outlook (Revenue, USD’000, 2015 - 2025)

• Vanilla
• Cascara
• Fruit & Nuts
• Others

Nitrogenated Coffee Packaging Outlook (Revenue, USD’000, 2015 - 2025)

• Mug
• Can

Nitrogenated Coffee Regional Outlook (Revenue, USD’000, 2015 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Asia Pacific
• China
• Rest of the World

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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