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Espresso Coffee Market is projected to reach USD 13500 million by 2022

December 12
12:08 2018

Espresso Coffee Market | Research Cosmos
The global Espresso Coffee Market is expected to grow with increasing home coffee consuming population and rising urban populace. Espresso Coffee Markets witness a rapid increase due to its uses as an enema to treat cancer.

Espresso Coffee Market Overview:

Coffee is a natural and organic caffeine beverage, brewed by adding coffee beans with either cold or hot water in a coffee maker. Common sources of coffee are Arabica and Robusta. It can be consumed as a readily made beverage from coffee houses & shops or by brewing coffee beans at home. People drink coffee to relieve mental and physical fatigue, and to increase mental alertness. Coffee is also used to prevent diseases like gallstones, diabetes, lung cancer, gastrointestinal cancer and breast cancer. Other uses include treatment of headache, low blood pressure, obesity, and attention deficit-hyperactivity disorder. Some research suggests that drinking more than 3 cups of coffee daily may significantly reduce the risk of rectal cancer.

Espresso Coffee Market Size:

Espresso Coffee Market was valued at USD 9620 million in 2017 and poised to touch USD 13500 million by 2022 growing at a CAGR of 6.97% during the forecast period 2017 to 2022.

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Espresso Coffee Market Drivers and Restraints:

The global Espresso Coffee Market is expected to grow with increasing home coffee consuming population and rising urban populace. Espresso Coffee Markets witness a rapid increase due to its uses as an enema to treat cancer. The market increases its growth in medical sector for treating Gerson Therapy with the use of coffee animas. Coffee contains caffeine that works by stimulating the central nervous solution, heart, and muscles. Drinking coffee and other beverages that contain caffeine throughout the day seems to increase alertness and clear thinking, which results in the increase of market in the forecast period. However, Coffee containing caffeine can cause insomnia, nervousness and restlessness, stomach upset, nausea and vomiting, increased heart and breathing rate, and other side effects, which may restrict the market in the forecast period.

Espresso Coffee Market Geographical Segmentation:

Geographically, Asia pacific is the dominant market for coffee in the year 2018 and expected to continue the same in the forecast period. The rising interest of consumers for coffee in China and India has been driving the market in the Asia Pacific region. Europe and South America are expected to increase its markets in the forecast period due to the tremendous urbanization and mobility. North America is expected to increase its market in the forecast period due to its high increase of filter coffee in their region.

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Key Players of Espresso Coffee Market:

Some of the key players in this market are Nestlé S.A., Starbucks Corporation, PepsiCo, The Coca Cola Company, McDonald’s, Smucker, Suntory Holdings Limited, Monster Beverage, Lotte Chilsung Beverage, Caribou Coffee Company, Asahi Group Holdings and Bulletproof 360 among others.

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