Cold Brew Coffee Market Analysis, Size, Growth, Share & Outlook, Forecast to 2025 | Grand View Research Inc.
The global cold brew coffee market size is expected to reach USD 1.63 billion by 2025 registering a CAGR of 25.1%, according to a new report by Grand View Research, Inc. Popularity of artisanal and premium products along with changing consumer demands has opened up growth opportunities for the global market. Innovations in RTD coffee category due to rising demand for specialty products is also driving the market. Along with the original pioneers, such as Stumptown, Grady’s, and Chameleon Cold Brew, many foodservice artisans and craft coffee joints launched cold brew versions, such as Peet’s Coffee and Tea, Dunkin’ Donuts, and Starbucks, thereby spurring the growth of the global market.Company owned stores segment held the largest market share of more than 50% in 2018 due to consumer preference for specialty coffees. For instance, RISE Brewing Co. had remarkable success in establishing a market position through their specialty channels and independent stores. Cold Brew Coffee Market Report Highlights
Company owned outlets was the largest distribution channel segment in 2018 and is projected to expand further at a healthy CAGR from 2019 to 2025