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The global Decaffeinated Coffee market size is expected to be worth around US$ 2.7 billion by 2027, according to a new report by Vision Research Reports.

The global Decaffeinated Coffee market size was valued at US$ 1.64 billion in 2019 and is anticipated to grow at a CAGR of 7.0% during forecast period 2020 to 2027.

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Growth Factors

Growing awareness related to the harmful physiological effects associated with caffeine, which is a psychoactive substance present in regular coffee, is expected to prompt the buyers to consume decaffeinated beverages. Over the past few years, various health studies have revealed that excessive consumption of leads to various problems, including jitteriness, restlessness, insomnia, and elevated blood pressure. As a result, buyers have been increasingly spending on caffeine-free beverages, such as decaf coffee.

Rising awareness about the harmful effects of caffeine on human health, such as anxiety, insomnia, digestive issues, muscle breakdown, high blood pressure, and fatigue, is expected to promote the scope of decaf coffee as healthy drinks. Additionally, shifting inclination towards functional and decaffeinated beverages among millennials at the global level as a result of increased health awareness through social media and television campaigns by hot beverage companies is expected to expand the industry scope.

Report Highlights

• Raw products generated revenue of USD 1.0 billion in 2019. Growing popularity of home roaster is motivating people to opt for unroasted and raw product forms
• Roasted products are expected to expand at the fastest CAGR of 8.0% from 2020 to 2027. These product categories are expected to gain popularity among the consumers due to their enhanced flavor and excellent aroma characteristics
• Based on bean species, Arabica accounted for around 30% share of the global revenue in 2019. This is attributed to large cultivation and easy availability of these beans
• Asia Pacific decaffeinated coffee market is expected to exhibit the fastest CAGR of 8.1% from 2020 to 2027 on account of improvement in economic indicators in countries, including Indonesia, Malaysia, and India.

Key Players

SWISS WATER DECAFFEINATED COFFEE INC.; LifeBoost Decaf; Cafe Don Pablo Colombia Supremo Decaf; No Fun Jo Decaf; Fresh Roasted; and Volcanica Coffee Costa Rica Tarrazu Decaf.

Market Segmentation