Iced Coffee Market is estimated to be valued at USD 6.12 Bn in 2025 and is expected to reach USD 10.08 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.40% from 2025 to 2032.
Report Coverage |
Report Details |
Base Year: |
2024 |
Market Size in 2025: |
USD 6.12 Bn |
Historical Data for: |
2020 To 2024 |
Forecast Period: |
2020 To 2024 |
Forecast Period 2025 to 2032 CAGR: |
7.40% |
2032 Value Projection: |
USD 10.08 Bn |
The global iced coffee market represents a dynamic and rapidly evolving segment within the broader coffee industry, characterized by innovative product formulations, diverse consumption patterns, and expanding consumer demographics.
Iced coffee, traditionally defined as brewed coffee served cold over ice, has transcended its conventional boundaries to encompass a wide array of products including cold brew concentrates, nitro-infused beverages, ready-to-drink bottled variants, and premium artisanal offerings. This market has experienced remarkable transformation driven by shifting consumer preferences toward refreshing alternatives to hot beverages, particularly among millennials and Generation Z demographics who prioritize convenience, unique flavor profiles, and Instagram-worthy presentations.
Market Dynamics:
The global iced coffee market is propelled by several compelling drivers, with changing consumer lifestyle preferences serving as the primary catalyst for growth, as busy professionals and young demographics increasingly seek convenient, portable beverage options that align with their on-the-go lifestyles and social media-driven culture. Rising health consciousness among consumers has fueled demand for premium, organic, and low-sugar iced coffee variants, while the growing cafe culture and third-wave coffee movement have elevated consumer appreciation for artisanal brewing methods and unique flavor experiences.
Key features of the study:
- This report provides in-depth analysis of the global iced coffee market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global iced coffee market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Starbucks Corporation, Nestle S.A., The Coca-Cola Company, Peet's Coffee, Dunkin' Brands, Keurig Dr Pepper Inc., Illycaffe S.p.A., Lavazza, Brewed Coffee Company, Blue Bottle Coffee, J.M. Smucker Company, Califia Farms, International Coffee & Tea, LLC, Chobani LLC, and Kraft Heinz Company.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global iced coffee market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global iced coffee market.
Market Segmentation
- Product Type Insights (Revenue, USD Bn, 2020 - 2032)
- Ready-to-Drink (RTD) Iced Coffee
- Iced Coffee Concentrates
- Instant Iced Coffee
- Others
- Packaging Type Insights (Revenue, USD Bn, 2020 - 2032)
- Cans
- Bottles
- Pouches
- Tetra Packs
- Distribution Channel Insights (Revenue, USD Bn, 2020 - 2032)
- Online Retail
- Offline Retail
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Coffee Shops
- Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Starbucks Corporation
- Nestle S.A.
- The Coca-Cola Company
- Peet's Coffee
- Dunkin' Brands
- Keurig Dr Pepper Inc.
- Illycaffe S.p.A.
- Lavazza
- Brewed Coffee Company
- Blue Bottle Coffee
- M. Smucker Company
- Califia Farms
- International Coffee & Tea, LLC
- Chobani LLC
- Kraft Heinz Company