Market Overview

The Global Functional Coffee Market was valued at USD 4,006.5 million in 2023 and is expected to reach USD 4,805.8 million by 2031 while growing at a CAGR of 2.3% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global functional coffee market growth. Functional coffee extends beyond traditional coffee by incorporating additional ingredients selected for potential health benefits. It aims to offer consumers more than a caffeine boost, addressing specific health concerns and providing added nutritional value.

Continuous innovation in the coffee industry, coupled with rising interest in functional ingredients, propels the growth of the functional coffee market. Nevertheless, challenges like high price points and taste/flavor concerns could impede market expansion.

Furthermore, the global functional coffee industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Functional Coffee Market is segmented among Whole Bean, Ground Coffee, and RTD Coffee, based on Product Type. In 2023, Whole Bean accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Distribution Channel Analysis

The Global Functional Coffee Market is segmented Supermarket/Hypermarket, Cafes and Foodservice, Convenience Stores, Online Stores, and Other Distribution Channels, based on Distribution Channel. In 2023, Supermarket/Hypermarket accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Functional Coffee Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Nestle SA, Starbucks Corporation, Ingenuity Beverages, Tata Coffee, Bulletproof 360 Inc., Eight O' Clock Coffee Company, Luigi Lavazza SpA, Gloria Jean's Coffees, Dutch Bros Coffee, Strauss Group Limited, and Kruger GmbH & Co. KG.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Functional Coffee Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Functional Coffee Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Functional Coffee Market Segmentation, By Product Type  

• Global Functional Coffee Market Share Analysis, By Product Type  

• Global Functional Coffee Market Growth Analysis, By Product Type  

• Global Functional Coffee Market Trends, By Product Type  

o Whole Bean

o Ground Coffee

o RTD Coffee  

6. Global Functional Coffee Market Segmentation, By Distribution Channel

• Global Functional Coffee Market Share Analysis, By Distribution Channel

• Global Functional Coffee Market Growth Analysis, By Distribution Channel

• Global Functional Coffee Market Trends, By Distribution Channel

o Supermarkets/Hypermarkets

o Cafes and Foodservice

o Convenience Stores

o Online Stores

o Other Distribution Channels

7. Global Functional Coffee Market Segmentation, By Region

• Global Functional Coffee Market Share Analysis, By Region

• Global Functional Coffee Market Growth Analysis, By Region

• Global Functional Coffee Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Nestle SA*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Starbucks Corporation

• Ingenuity Beverages

• Tata Coffee

• Bulletproof 360 Inc.

• Eight O' Clock Coffee Company

• Luigi Lavazza SpA

• Gloria Jean's Coffees

• Dutch Bros Coffee

• Strauss Group Limited

• Kruger GmbH & Co. KG  

 *Similar analysis will be provided for each company listed above.