The global coffee grounds market is expected to increase gradually at a 5.1% CAGR and reach about US$ 23.3 billion by 2032. Because coffee grinds contain a lot of nitrogen, they can help enhance soil fertility. They enhance soil that is rich in nutrients and are widely used in composting. The market is expanding due to the advantages of fertilisation and pest management, as well as to competitive pricing and effective marketing by coffee bean growers.
The global market for coffee grounds is projected to increase at a 5.1% compound annual growth rate (CAGR) and reach a valuation of about USD 23.3 billion by 2032.
Nitrogen found in coffee grinds helps maintain the structure of the soil. They could be absorbed or distributed to increase soil fertility. Compost piles and worm bins are common places to find coffee. This process helps to produce rich, fertile soil that is high in nitrogen.
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Due to the benefits of employing coffee grounds for fertilizations and pest management, as well as the producers’ adoption of competitive pricing strategies, the market for coffee grounds is expanding. The development of enticing packages and cost-effective coffee bean advertising aid in business progress.
Conversely, frequent coffee use can raise cholesterol levels and lead to hearing loss. The market for coffee grinds will therefore be small. There will probably be a bigger demand for coffee grounds in the near future due to rising demand in the cosmetics industry.
The use of coffee in the medicinal sector is expanding the market for coffee beans worldwide. The health benefits associated with dietary supplements manufactured from coffee beans have led to a rise in the use of coffee beans. Compared to other types of unroasted coffee beans, green coffee beans have a higher concentration of chlorogenic acid since they have not been roasted. Customers are taking green coffee beans as weight-loss supplements more frequently as a result.
Key Developments:
- Starbucks, USS, Death Wish Coffee Company, and others are actively participating in sustainable practices, emphasizing zero waste and circular economy concepts.
- Strategic alliances and new product introductions are expected to remain a priority for companies in the coffee grounds market.
Key Points and Takeaways:
- Market Projection: The global coffee grounds market is expected to grow at a 5.1% CAGR, reaching approximately USD 23.3 billion by 2032.
- Soil Fertility Boost: Coffee grounds, rich in nitrogen, contribute to improved soil fertility and are widely used in composting, fostering the market’s expansion.
- Market Drivers: Factors such as fertilization and pest control benefits, competitive pricing, and effective marketing strategies by coffee bean growers are driving the market growth.
Market Dynamics:
- Environmental Sustainability: The market is witnessing growth due to an increasing number of consumers preferring sustainable, organic, and carbon-neutral products.
- Health Trends: Rising demand in the cosmetics industry and the medicinal sector is expanding the market for coffee beans globally.
Key Takeaways from Market Study:
- Segmentation: The Classic Roast Ground Coffee segment is expected to account for around 24.4% of the market share over the forecast period.
- Regional Growth: The North American Coffee Grounds market is anticipated to witness a lucrative growth rate of 6.8% during the forecast period.
- Global Consumption: East Asia is predicted to contribute to 16.9% of the global Coffee Grounds consumption through 2032.
Key Developments:
- Starbucks, USS, Death Wish Coffee Company, and others are actively participating in sustainable practices, focusing on zero waste and circular economy concepts.
- Strategic alliances and new product introductions are expected to remain a priority for companies in the coffee grounds market.
Key Takeaways from Market Study
- The market is segmented based on product type, wherein, Classic Roast Ground Coffee is anticipated to account for around 24.4% of the market share over the forecast period.
- The North American Coffee Grounds market is expected to witness a lucrative growth rate of 6.8% during the forecast period.
- East Asia is inferred to account for 16.9% of the global Coffee Grounds consumption through 2032.
“An increasing number of consumers expecting their products to be sustainable, organic and carbon-neutral the market of coffee grounds is projected to grow in the forecast period.” According to the FMI analyst.
Competitive Landscape:
- Companies worldwide are increasingly focusing on zero waste and circular economy concepts, leading to the introduction of innovative products in the coffee grounds industry.
- Key players include Starbucks, USS, Death Wish Coffee Company, Foglers Coffee, Royal Kona, Jo Coffee, Hills Bros. Coffee, Peet’s, The Kraft Heinz Company, Kicking Hourse, Red Thread, among others.
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Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global Coffee Grounds market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on the Coffee Grounds market by product type (drip ground coffee, classic roast ground coffee, sumatra ground coffee, others) by application (food and beverage, agriculture, cosmetic and personal care, insecticides and pesticides) & region across seven major regions of the world.
Coffee Grounds Market by Category
By Type, Coffee Grounds Market is Segmented as:
- Drip Ground Coffee
- Classic Roast Ground Coffee
- Sumatra Ground Coffee
- Others
By Application, Coffee Grounds Market is Segmented as:
- Food and Beverage
- Agriculture
- Cosmetic and Personal care
- Insecticides
- Pesticides
By Regional, Coffee Grounds Market is Segmented as:
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa
Frequently Asked Questions
- How Big is the Coffee Grounds Market?
- What is the CAGR of the Coffee Grounds Market for the period 2022- 2032?
- What is the North America Coffee Grounds Market share?
- What Are the Key Trends Shaping the Coffee Grounds Market?
- What are the key players in the Coffee Grounds Market?
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