Coffee substitutes are gaining increasing popularity in the recent years on the coattails of rising health-conscious demographic and significant decrease in the consumption of coffee. The coffee substitutes are usually without caffeine that are mostly favorable to people who are addicted or allergic to caffeine.
Rapid inclination towards veganism across wide range of population is further increasing the demand for coffee substitutes. In addition, growing product development within food substitutes or alternatives space is likely to create growth opportunities for coffee substitutes market.
Urbanization and improvement in living standard of the population along with rising health awareness have largely impacted the food and beverage industry which in turn is expected to promote the growth of coffee substitutes market.
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The Coffee Substitutes market report addresses the below-mentioned queries:
- Why are vendors shifting away from traditional methods of manufacturing Coffee Substitutes?
- How does the global Coffee Substitutes market looks like in the next five years?
- Which end use industry is expected to surpass segment by the end of Forecasted period?
- What innovative products are being introduced by the players in the global Coffee Substitutes market?
- Which regions are showing the fastest market growth?
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Crucial insights in the Coffee Substitutes market research:
- Underlying macro- and microeconomic factors impacting the growth of the market.
- Basic overview of the Coffee Substitutes, including market definition, classification, and applications.
- Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend of Coffee Substitutes across various industries.
- Important regions and countries offering lucrative opportunities to market stakeholders.
Coffee Substitutes Riding on the Coattails of the Pervasive ‘Health and Wellness’ Trend
The cut down in the consumption of coffee can be primarily attributed to a radical change in the dietary habits of consumers.
The 2015-2020 Dietary Guidelines for Americans (DGA) stated that, consuming high amounts of coffee can prove to be harmful to health, as it can cause headaches, anxiety, or restlessness in less severe cases. A caffeine overdose can cause diarrhea, chest pain, or uncontrollable muscular movements in serious cases.
The DGA also states that, consuming caffeine regularly may prove to be dangerous for pregnant and lactating women.
Increasing awareness about the harmful effects of caffeine on health and the rising number of health-conscious consumers is causing a major plunge in the consumption of coffee, worldwide.
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Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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