The global instant coffee market was valued at US$ 30.60 billion in 2018, according to Instant Coffee Market Report, by Product Type (Agglomerated, Freeze Dried, and Spray Dried), by Trade (Modern Trade, and Regular Trade), by Packaging Type (Sachet & Pouches, Jars, and Others (Bags, Cans, etc.)), and by Region (North America, South America, Asia Pacific, Europe, and Middle East & Africa) published by Coherent Market Insights.
The global instant coffee market is projected to reach US$ 46.05 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period (2019-2027). Increasing demand for instant coffee owing to modern lifestyle, increase in disposable income is expected to boost the instant coffee market during the forecast period.
Health benefits offered by instant coffee include decreased risk of developing type 2 diabetes, improving brain function, and increasing metabolism as caffeine can help burn fat. According to a study conducted by National Center for Biotechnology Information in 2014, instant coffee was found to contain more antioxidants as compared to other forms of coffee on account of the processing which it undergoes. Furthermore, a cup of instant coffee contains only 4 calories, and provides small amounts of potassium, magnesium, and niacin (vitamin B3).
However, the high content of acrylamide in instant coffee compared to fresh coffee is hindering market growth. Acrylamide or acrylic amide is an odorless, white, crystal compound with chemical formula C3H5NO, and is produced when sugars and amino acids are heated above 120 degree Celsius. Acrylamide is neurotoxic and can damage peripheral and central nervous system (PNS and CNS) in both humans and animals.
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