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Fast Market Research announces the availability of Technavio's new report "Coffee Market in Brazil 2015-2019" on their comprehensive research portal.
Coffee is a caffeine beverage brewed from roasted coffee beans. Coffee is cultivated in 70 countries mostly in the Americas Africa India and Southeast Asia and is one of the primary exported commodities. The two most common grown crops are Arabica and Robusta.
Coffee is an essential part of the Brazilian history. The cultivation of coffee started in the north of Brazil which then spread throughout the country. By 1820 coffee became the most exported product in Brazil with Brazilian coffee leading the global coffee market. Currently Brazil is the largest coffee exporter in the world. The future of the coffee market is expected to be pricy because the climatic conditions have affected large producers and exporters of coffee in the country.
Technavio’s analysts forecast the coffee market in Brazil to grow at a CAGR of 4.92% by revenue and 1.19% by volume during 2015-2019.
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The report analyst commented "Consumers today not only want their coffees fast but also to be of greater taste and quality. Therefore coffee manufacturers introduced coffee capsules and coffee pods. These coffee capsules and bags come in a single-serve pack of coffee with the grounded coffee wrapped in a filter. Once inserted into the brewing device it delivers a cup of fresh coffee. Coffee capsules also follow the same principle but are a little differently packaged from the coffee bags. These coffee capsules are packaged in aluminum or plastic cups and are mostly branded making them only fit to be used in the brewing device of that specific company."
According to the report Arabica coffee beans are the most preferred coffee in the Brazilian market. But the price of Arabica coffee is high compared to Robusta coffee beans. Retailers now prefer the Arabica coffee variety than the lower quality Robusta type. There is an increase in demand for Arabica coffee beans because consumers now have increased knowledge on flavors and varieties thanks to large coffee chains such as Starbucks that serve 100% Arabica coffee. The brand quality of Arabica is also high compared to Robusta because of which the demand for Arabica increases.
Further the report states that the threat from ready to drink coffee and effect of weather conditions are some of the challenges in the face of the industry.
The key players in the Coffee Market in Brazil are 3 Corações D.E. Master Blenders 1753 and Melitta do Brasil Indústria e Comércio while other prominent vendors include Allcoffee Cafe do Ponto Café Santa Clara Nicchio Café O'Coffee and Strauss Group
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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