Global Nitro Cold Brew Coffee Market reached US$ 52.10 million in 2022 and is expected to reach US$ 243.06 million by 2031, growing with a CAGR of 21.2% during the forecast period 2024-2031.
Nitro cold brew coffee is a type of cold brew that is infused with nitrogen gas, giving it a smooth, creamy texture and a rich, foamy head similar to draft beer. Made by steeping coffee grounds in cold water for an extended period (typically 12-24 hours) before being charged with nitrogen, nitro cold brew is served cold without the need for ice, preserving its undiluted flavor. The nitrogen infusion creates a naturally sweeter taste and velvety mouthfeel, making it popular in specialty coffee shops. It’s often served on tap and has gained popularity for its unique sensory experience and lower acidity compared to traditional coffee.
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Key Players
The leading companies in the Nitro Cold Brew Coffee market are actively pursuing strategies like new product launches to tap into the fastest-growing emerging markets globally. The report features prominent players, including:
RISE Brewing Co
Groundwork Coffee
High Brew Coffee
Bona Fide Nitro Coffee
Stumptown Coffee Roasters
HARD BEANS SP. Z O. O
PepsiCo
Nitro Beverage Co.
Coffee Nitro
Woke Cold Brew
Market Segments
Market segmentation involves categorizing customers into groups that respond similarly to marketing strategies. This crucial initial step in developing a sales process allows for a tailored approach to various customer segments. The report segments the market into the following categories:
➥By Product: Robusta, Arabica, Other.
➥By Type: Ready to Drink, Freshly Ground Coffee.
➥By Category: Traditional, Decaf.
➥By Form: Blend, Concentrate, Tea Bag, Other.
➥By Distribution Channel: Supermarket & Hypermarket, Convenience Stores, Specialty Stores, Others.
Key Developments
✔ In October 2023, The Drinkable Company, known for premium cannabis-infused beverages, introduced Zenith Nitro Cold Brew: Pumpkin Spice, marking its first-ever limited edition release. This seasonal product combines the smooth texture of nitro cold brew coffee with cannabis infusion and classic fall flavors. The release reflects The Drinkable Company's innovative approach to blending popular coffee trends with cannabis, catering to consumers seeking unique, high-quality beverage options.
Regional Analysis
The report provides a comprehensive regional analysis, covering the following areas:
⇥ North America: US, Canada, Mexico, Rest of North America
⇥ Europe: Germany, Russia, UK, France, Italy, Spain, Netherlands, Rest of Europe
⇥ Asia Pacific: China, India, Japan, South Korea, Australia, Indonesia, Rest of Asia Pacific
⇥ Middle East and Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
⇥ South America: Brazil, Argentina, Colombia, Rest of South America
Who are our Target Audience
This report will be of interest to a diverse group of stakeholders, including investors, analysts, government agencies, regulatory bodies, legislators, researchers, strategic managers, and academic institutions seeking in-depth market insights to inform future strategies.
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Research Study Key Questions
This research study addresses several critical questions, such as:
Q1. What is the projected growth rate of the Nitro Cold Brew Coffee market by 2031?
Q2. What are the key factors driving the growth of the Nitro Cold Brew Coffee market across different regions?
Q3. Who are the leading vendors in the Nitro Cold Brew Coffee industry, and what strategies are they employing for success?
Q4. What will be the market scope during the forecast period?
Q5. What significant trends are influencing industry growth in the coming years?
Q6. What challenges does the Nitro Cold Brew Coffee market currently face?
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