Nitro Coffee Market By Flavors (Oat Milk Nitrogenated Coffee, Classic Latte Nitrogenated Coffee, Mocha Latte Nitrogenated Coffee, Coconut Nitrogenated Coffee, Vanilla Nitrogenated Coffee, Other Nitrogenated Coffee) By Packaging (Nitrogenated Coffee Cans, Nitrogenated Coffee in Glass Bottles) - Growth, Future Prospects & Competitive Analysis, 2016 – 2028

About this report

The global Nitro Coffee Market report explores the critical analysis of the Nitro Coffee industry using key parameters. The report consists of investment strategies, the need for investments in the Nitro Coffee industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the Nitro Coffee industry and how economic and non-economic barriers are helping the Nitro Coffee market grow. Moreover, the report analyzes the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter's five forces analysis, PESTEL analysis, value chain analysis, etc.

Key Highlights of the report

How are the major segments performing in the Nitro Coffee Market?

In 2021, with more than 60.0% of the total industry revenue, the can segment led the market. Many customers choose to sip their cold brew at restaurants or coffee shops that provide the beverage in cans.

Vanilla had the highest revenue proportion by flavor as of 2021, accounting for more than 40.0%. The demand for vanilla-flavored coffee is very high worldwide. It is among the most well-liked flavors on the entire planet. The coffee's sharp flavor is complemented by its mellow, sweet flavor, which mixes in seamlessly. This flavor is available worldwide in several local or national-level cafés.

Which region dominated the Nitro Coffee Market?

North America accounted for more than 80% of global revenue in 2021. The National Coffee Association estimates that as of 2018, 64% of Americans drank coffee. Three cups of coffee are consumed by an average American every day. In this area, cold brew coffee has grown more rapidly than iced coffee during the last few years. The cold brew had a 42% faster growth rate than the iced drink as of 2020. Due to the high density of coffee drinkers in this area, numerous corporations have been establishing and growing their operations there. 

What is the competitive environment of the Nitro Coffee Market?

The nitro coffee industry's competitive environment offers information on the total economic profit made by suppliers and businesses, the sales and revenues produced in this sector, the nitro coffee market share globally, the business organization overview, the introduction of new products, and the opportunities for the nitro coffee market. Major competitors focus on nitro coffee flavor innovation to gain a competitive advantage. For instance, Starbucks Reserve, which sells unique and uncommon items, introduced Starbucks Nitro Dirty Chai, a coffee and chai blend, in July 2017. This creative cold brew is anticipated to become a popular summer beverage.

Executive Summary

What are the developments being developed in the Nitro Coffee Market?

The development of cost-effective manufacturing methods and technological advancements are projected to significantly benefit the food and beverage industry and the worldwide nitrogenated coffee market. Nitrogenated coffee has several appealing qualities, including low calories, organic, shelf-stable, and artisan beverages.

Which are the key investments by the players in the Nitro Coffee Market?

Key players make various investments throughout the market to expand their store outlets across various regions and innovations. For instance, In China, Starbucks Corporation's store count climbed from 1,017 in 2013 to 3,300 in 2018. Starbucks Nitro Dirty Chai, a blend of coffee and chai, was introduced in July 2017 by Starbucks Reserve, a division specializing in unusual and exceptional goods. This creative cold brew is anticipated to become a popular summer beverage.

Some of the major players in the market are Stumptown Coffee Roasters, Rise Brewing Co., Coffee Company, Starbucks Corporation, Lucky Jack, Califia Farms, Caveman Coffee Co., Convergent Coffee Co., and Blackeye Roasting Co.).

What are the Major Driving Factors for the Nitro Coffee Market?

Over the coming years, one of the key aspects influencing the market for nitrogenated coffee is anticipated to be the growth of the market for cold beverages. Additionally, the market for nitrogenated coffee grew due to quickly shifting consumer behavior and an increase in canned ready-to-drink coffee. The development of cost-effective manufacturing methods and technological advancements are projected to significantly benefit the food and beverage industry and the worldwide nitrogenated coffee market. Nitrogenated coffee has several appealing qualities, including low calories, organic, shelf-stable, and artisan beverages.

What are the Major Risks for the Nitro Coffee Market?

Although there are many end users in the nitrogenated coffee market, various barriers could potentially restrain market expansion. The growth of the nitrogenated coffee market is fuelled by the population's growing health consciousness and reduced sales of fizzy drinks. In the forecasted years, the market for nitrogenated coffee may see growth challenges due to a lack of consumer awareness and inadequate distribution channels. Because traditional coffee drinkers are hesitant to try nitrogenated coffee, the market for nitrogenated coffee is growing in income. 

Which is the key Packaging in the Nitro Coffee Market?

The cans sector led with more than 60.0% of the total industry revenue in 2021. Many customers choose to sip their cold brew at restaurants or coffee shops that provide the beverage in cans. As a result, the product used to fill cans generated most of the sales. The serving table has a specific tap that releases the product, giving it a bar-like appearance. The nitrogenated coffee business has found this serving method appealing in cities like Portland.

The Packaging for cans is also expected to grow at the fastest rate. The global market for canned goods is anticipated to rise in response to consumer demand for ready-to-drink beverages and convenience. In Ireland and UK, Nescafé Azera Nitro, a new line of coffee products injected with nitrogen, was introduced by Nestlé in March 2018. Nescafé Azera Nitro Latte and Nescafé Azera Nitro Americano are these cans' flavors.

How is the Nitro Coffee Market performing in regions?

In 2021, more than 80% of worldwide income came from North America. According to the National Coffee Association, 64% of Americans drink coffee as of 2018. Every day, the average American consumes three cups of coffee. In recent years, cold brew coffee has expanded in this market more quickly than iced coffee. By 2020, the cold brew was growing at a rate that was 42% higher than the iced beverage. Numerous businesses have been expanding their operations in this area because of the large density of coffee drinkers there.

During the forecast period, Asia Pacific is anticipated to grow the fastest. Cold brew consumption has been rising in Asia, particularly in China, Japan, South Korea, Indonesia, the Philippines, Malaysia, and Thailand. International coffee shops, like Starbucks Corporation, have been quickly growing their locations in these countries during the past few years. For instance, the number of Starbucks Corporation locations in China expanded from 1,017 in 2013 to 3,300 in 2018.

What is the regulatory landscape for the Nitro Coffee Market?

The regulatory landscape for this market is that governments monitor the permissible caffeine levels, the level of roasted coffee and so on. For instance, food safety and hygiene are the primary concerns of European Union legislation regarding food goods like coffee. The governing body in this area is the General Food Law. The quality of food items is ensured by this law across the entire supply chain. Products won't be allowed into the European Union if they're unsafe.

What is the Market Size of Nitro Coffee regarding value?

The global Nitro Coffee Market is anticipated to grow at a substantial CAGR of 3.9% in the upcoming years. The global Nitro Coffee industry was estimated to be worth USD 35.9 billion in 2021 and was expected to be worth USD 45.2 billion by 2028.

What are the major players planning for the future of the Nitro Coffee Market?

The key players in the Nitro Coffee market are investing heavily in numerous sectors, including different flavors and unique tastes of coffee. Furthermore, according to the future scenarios, well-known market giants would invest heavily in small and medium-sized firms in order to offer practical solutions to the sector. High odds exist that significant players may buy out or merge with major businesses or startups in order to achieve a competitive advantage.

Segmentation of Global Nitro Coffee Market-

Global Nitro Coffee Market – By Flavors

• Oat Milk Nitrogenated Coffee
• Classic Latte Nitrogenated Coffee
• Mocha Latte Nitrogenated Coffee
• Coconut Nitrogenated Coffee
• Vanilla Nitrogenated Coffee
• Other Nitrogenated Coffee
•  

 Global Nitro Coffee Market – By Packaging

• Nitrogenated Coffee Cans
• Nitrogenated Coffee in Glass Bottles
•  

Global Nitro Coffee Market – By Distribution Channel

• Nitrogenated Coffee Sales via Convenience Stores
• Nitrogenated Coffee Sales via Specialty Stores
• Nitrogenated Coffee Sales via Supermarkets/Hypermarkets
• Nitrogenated Coffee Sales via Online retailers
•  

Global Nitro Coffee Market – By Region

• North America
  • USUS.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-east Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa