The extract of unroasted green coffee beans is used to make green coffee bean extract. Chlorogenic acid is abundant in green coffee bean extract. Green coffee bean extract contains chlorogenic acid, which has numerous health advantages. It aids in the maintenance of a healthy glucose and insulin balance. Green coffee bean extract is utilized as an active ingredient in weight reduction solutions since it is a weight loss supplement. The demand for green coffee bean extracts is predicted to rise as people become more careful of their health and become more aware of obesity and obesity-related disorders. The current health and wellness trend has elevated the importance of food and beverage functionality. As a result, green coffee bean extract is commonly utilized in coffee preparation to give not only refreshment but also functional benefits. During the projected period, this is expected to significantly support the growth of the green coffee bean extract market.
COVID-19 Impact analysis
- Governments have enacted policies such as social distance and lockdowns, which have had a significant influence on cafés, microbreweries, restaurants, and other out-of-home outlets. The present trend of internet purchase for at-home consumption, on the other hand, is driving merchants, roasters, and consumers to adjust to this new reality.
- The coronavirus limitations have caused shipments to be delayed, freight charges to rise, and overland transportation to become more problematic. Covid-19 is posing a threat to coffee growers all over the world.
- Due of the lockdown, sales have also decreased. Green coffee extracts were largely used in restaurants, which were forced to close owing to the lockdown, resulting in a drop in sales.
Top Impacting Factors
- During the forecast period, the green coffee bean extract market is expected to rise at a quick pace. The increased health consciousness among customers might be ascribed to the rapid rise of the green coffee bean extract market.
- It is influenced by the growing tendency of firms focusing on reformulating ingredient content in food and beverages to provide health advantages as well as taste. The importance of the green coffee bean extract market is predicted to be boosted by factors such as on-the-go lifestyles and the growing popularity of nutritional supplements.
- Dietary supplements with alleged health benefits have grown in popularity as a result of consumers' increasingly stressful lifestyles. Green coffee bean extract market expansion is projected to be fueled by these factors in the near future.
Market Trends
Rise in Demand due to Health Consciousness among Customers
- Growth in consumer awareness of health issues, as well as an increase in the prevalence and incidence of chronic diseases, is expected to propel the green coffee bean extract market forward during the forecast period. Furthermore, changing consumer preferences and the growth in popularity of dietary supplements are likely to boost global demand for green coffee bean extract. Furthermore, the increase in use of green coffee bean extract in medicinal applications in the pharmaceutical and cosmetic industries is expected to propel the potential market forward in the near future.
- Furthermore, the market is likely to rise during the forecast period due to an increase in the number of cafes and restaurants, rising food and beverage expenditure, and rising disposable income levels of individuals. However, in developing nations, high manufacturing costs and a lack of awareness about the medical benefits of green coffee bean extract are projected to limit the target market's growth.
North America to remain market leader and Asia-Pacific to grow at the fastest rate
- North America is expected to have the greatest market share in terms of revenue, and this dominance is expected to continue in the coming years. The North American green coffee bean extract market is expected to develop due to increased product awareness and the availability of sophisticated products in countries such as the U.S. and Canada. The European market is expected to account for the second largest proportion of the global market due to the growth in number of green coffee bean growers in Europe.
- In the future years, the Asia-Pacific market is expected to grow at the fastest rate in the global industry. The rise in acceptance of green coffee bean extract in various end-use industries in the Asia-Pacific market is expected to be a prominent driver driving market expansion. In addition, rise in obesity rates and increased awareness of the therapeutic benefits of green coffee bean extract are some of the other factors projected to boost demand for green coffee bean extract in nations like Japan, China, and India.
Key Benefits of the Report
- This study presents the analytical depiction of the green coffee extract industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the green coffee extract market share.
- The current market is quantitatively analyzed to highlight the green coffee extract market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed green coffee extract market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Green Coffee Extract Market Research Report
- Which are the leading players active in the green coffee extract market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
- What is green coffee extract market prediction in the future?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the driving factors and opportunities in the market?
- What are the current trends and predicted trends?
- What are the challenges faced in the green coffee extract market?
Green Coffee Extract Market Report Highlights
Aspects | Details |
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By Distribution Channel |
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By Region |
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Key Market Players | Nature's Way Products, LLC.,, Tru Body Wellness,, Absolute Nutrition, Peet’s Coffee and Tea,, Alchem International Pvt. Ltd.,, MKC Food Products,, Abc International,, Nature Wise,, Starbucks Corporation,, Naturex, |
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