Overview and Scope
Kopi luwak coffee refers to a coffee prepared from coffee beans that have been consumed and passed through the little Southeast Asian mammal known as the Asian palm civet. It is used for its exotic taste and health benefits.
Sizing and Forecast
The kopi luwak coffee market size has grown strongly in recent years. It will grow from $7.39 billion in 2023 to $7.84 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to exclusivity and rarity, consumer perception and luxury appeal, cultural and artisanal heritage, marketing and branding efforts, globalization and increased demand.
The kopi luwak coffee market size is expected to see strong growth in the next few years. It will grow to $9.66 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to continued exclusivity and rarity, evolution of consumer preferences, innovative marketing strategies, global market expansion, environmental and social responsibility. Major trends in the forecast period include technological advancements in production, sustainable and ethical sourcing, demand for specialty coffee, e-commerce and direct-to-consumer sales, increased awareness and education.
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Segmentation & Regional Insights
The kopi luwak market covered in this report is segmented –
1) By Product: Raw Coffee Beans, Cooked Beans
2) By Coffee Feed Type: Arabica, Robusta, Liberica
3) By Distribution Channel: Online Sales, Offline Sales
North America was the largest region in the kopi luwak coffee market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global kopi luwak coffee market during the forecast period. The regions covered in the kopi luwak coffee market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Increasing tourism in Indonesia is expected to propel the growth of kopi luwak coffee market going forward. Tourism is the activity of traveling to different destinations outside of one’s usual environment for leisure, business, or other purposes. Kopi luwak coffee is an Indonesia originated coffee which is the important part of Indonesian tourism as it attracts a lot of tourists due to its exotic taste and rare availability. For instance, in January 2023, according to the Tourism and Creative Economy Ministry of the Indonesian government, around 7.4 million foreign tourist arrivals and 1.2 to 1.4 billion domestic tourist arrivals is estimated for the year 2023. Furthermore, in May 2022, according to the World Bank, a US-based international financial institution, in 2022, Indonesian tourism increased by 500% from May 2021. Therefore, the increasing tourism in Indonesia is driving the kopi luwak coffee market forward.
Key Industry Players
Major companies operating in the kopi luwak coffee market report are The Kopi Luwak Coffee Company, Lavanta Coffee Roasters Inc., Vinacafe Bien Hoa, Wild Gayo Luwak, Mandailing Coffee Ltd., Rumacoffee Co, Bantai Civet Coffee Co, Kopi Luwak Direct, Kaya Kopi LLC, Coffee Bean Shop Ltd., Luwak Star Gourmet Coffee, Domba Coffee Singapore PTE LTD., Gloria Jean’s Coffee Pty Ltd., Wallacea Coffee, Gayo Kopi, Java Arabica Kopi, Bali Pulina, Sumatra Orangutan Coffee, Timor Luwak Coffee, Sulawesi Wild Kopi, Mocha Java Kopi, Toraja Civet Coffee, Flores Civet Coffee, Bali Kintamani Luwak Coffee, Organic Sumatra Luwak Coffee, Aceh Gayo Luwak Coffee, Malabar Civet Coffee, Baliem Valley Kopi, Kalosi Civet Coffee, Kerinci Luwak Coffee, Organic Bali Luwak Coffee, Papua Wamena Kopi, Sidikalang Civet Coffee
The kopi luwak coffee market report table of contents includes:
1. Executive Summary
2. Kopi Luwak Coffee Market Characteristics
3. Kopi Luwak Coffee Market Trends And Strategies
4. Kopi Luwak Coffee Market – Macro Economic Scenario
5. Global Kopi Luwak Coffee Market Size and Growth
…………….
32. Global Kopi Luwak Coffee Market Competitive Benchmarking
33. Global Kopi Luwak Coffee Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Kopi Luwak Coffee Market
35. Kopi Luwak Coffee Market Future Outlook and Potential Analysis
36. Appendix
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