Coffee, Tea and Bartending Products

Global Coffee, Tea and Bartending Products Market to Reach US$3.1 Trillion by 2030

The global market for Coffee, Tea and Bartending Products estimated at US$2.4 Trillion in the year 2024, is expected to reach US$3.1 Trillion by 2030, growing at a CAGR of 4.1% over the analysis period 2024-2030. Bartender Products, one of the segments analyzed in the report, is expected to record a 4.8% CAGR and reach US$1.8 Trillion by the end of the analysis period. Growth in the Coffee segment is estimated at 3.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$664.8 Billion While China is Forecast to Grow at 7.7% CAGR

The Coffee, Tea and Bartending Products market in the U.S. is estimated at US$664.8 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$639.2 Billion by the year 2030 trailing a CAGR of 7.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.6% and 3.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR.

Global Coffee, Tea and Bartending Products Market – Key Trends & Drivers Summarized

In recent years, the global market for coffee, tea, and bartending products has undergone a significant transformation, driven by evolving consumer preferences, increased premiumization, and the rising demand for at-home beverage experiences. The market’s diversification now spans artisanal coffees, exotic teas, and a growing suite of advanced bartending tools and products tailored for both professionals and hobbyists. Consumers across key regions—North America, Europe, and parts of Asia-Pacific—are gravitating towards specialty and organic offerings, backed by sustainable sourcing and ethical trade practices. Cold brew coffee, nitro-infused drinks, botanical teas, and low-alcohol cocktails are commanding attention, reflecting a shift from conventional beverage choices to experience-driven consumption.

Technological innovation is also redefining how beverages are brewed, mixed, and served. Smart coffee machines, app-controlled brewing systems, automated cocktail makers, and tea infusion devices with precision controls have elevated convenience and quality, allowing consumers to replicate barista or mixologist-level creations at home. This merging of consumer-grade sophistication with professional-level output is not only expanding the customer base but also fueling competition among product manufacturers. The line between commercial and domestic markets is blurring, with both segments embracing technology and aesthetics as critical selling points.

What Are the Emerging Product Innovations Disrupting the Market?

One of the most notable trends is the increasing convergence of design and function across all beverage segments. In the coffee sector, pod-based systems are giving way to manual and semi-automatic espresso machines with precision temperature control, grind size adjustments, and dual-boiler systems. Cold brew systems equipped with filtration and pressurization capabilities are becoming staples in both households and cafés. Similarly, the tea market is experiencing a surge in high-end loose-leaf infusion tools, smart kettles with temperature calibration for different teas, and infusion timers that optimize steeping for maximum flavor extraction.

In bartending products, innovation is geared towards portability, speed, and customization. Cocktail machines with digital interfaces allow users to select ingredients and mix ratios for thousands of combinations. Carbonation devices, smoking guns for flavor enhancement, and modular bar kits with integrated measurement and chilling systems are gaining popularity. Particularly notable is the rise of compact, AI-driven cocktail makers which are seeing traction in both hospitality venues and consumer households. Furthermore, alcohol-free and low-ABV (alcohol by volume) trends are supporting the introduction of specialized syrups, tinctures, and botanical blends that emulate the complexity of traditional spirits.

How Are Consumer Lifestyles and Distribution Channels Shaping the Market?

Lifestyle shifts and demographic preferences are playing a pivotal role in how the market is evolving. Millennials and Gen Z are key growth cohorts—prioritizing sustainability, health consciousness, and personalization in beverage consumption. Their preference for artisanal, ethically sourced coffee beans and organic teas is pushing brands to refine their product lines and highlight traceability. There is also increased demand for single-origin, shade-grown, and rainforest-certified coffees and teas, often accompanied by storytelling and digital engagement.

Online and omnichannel retail have also radically transformed accessibility and product reach. E-commerce platforms now serve as key touchpoints for niche brands, direct-to-consumer models, and customizable subscription services offering monthly curations of coffee, tea, or cocktail ingredients. Additionally, social media-driven marketing campaigns and influencer collaborations are essential to product discovery and engagement, especially in urban and premium segments. The convenience economy is encouraging pre-packaged but premium kits—such as ready-to-make cocktail sets and tea sampler collections—which cater to busy professionals, home entertainers, and digital-native consumers.

Why Is the Market Experiencing Rapid Growth and What’s Driving It?

The growth in the global coffee, tea and bartending products market is driven by several factors spanning technological advancements, shifting end-user dynamics, and innovation in product application. First, the proliferation of smart beverage equipment—ranging from app-connected coffee machines to automated cocktail dispensers—is drastically elevating both consumer experience and repeat purchases. As households increasingly invest in high-end kitchen appliances, beverage-centric products are becoming focal lifestyle accessories.

Second, the expansion of end-use sectors such as home entertainment, boutique cafés, coworking spaces, and mobile bartending services is creating diverse demand for compact, multifunctional, and visually appealing beverage tools. The rise of hybrid hospitality formats and immersive dining experiences is further pushing adoption of advanced bartending tools that enhance visual flair and service speed. Third, the increasing penetration of premiumization and customization in beverage preparation—particularly through adjustable brewing settings, ingredient dosing controls, and modular kits—is encouraging a wider customer base to explore personalized experiences.

Lastly, sustainability and traceability are influencing product development. Innovations in biodegradable coffee pods, reusable filters, organic tea packaging, and recyclable cocktail mixers cater to eco-conscious consumers while satisfying regulatory requirements in developed markets. All of these trends coalesce to create a dynamic, future-ready market landscape that continues to evolve in step with changing lifestyles, digital ecosystems, and heightened expectations of quality and design in beverage consumption.

SCOPE OF STUDY:

The report analyzes the Coffee, Tea and Bartending Products market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product Type (Bartender Products, Coffee, Tea); Distribution Channel (Offline Distribution Channel, Online Distribution Channel)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 36 Featured) -

• Associated British Foods PLC
• Beam Suntory
• Brown-Forman Corporation
• Costa Coffee
• Diageo PLC
• Dunkin` Brands, Inc.
• Hain Celestial Group
• Illycaffè S.p.A.
• Ito En, Ltd.
• JAB Holding Company
• JDE Peet`s
• Keurig Dr Pepper
• Lavazza
• McDonald`s Corporation
• Nestlé S.A.
• Pernod Ricard SA
• Starbucks Corporation
• Tata Consumer Products
• The Coca-Cola Company
• Unilever PLC

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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