In 2023, the coffee market size volume per capita in China stood at 0.082 kilograms per capita. The forecasted data indicates a steady increase over the next five years: 0.083 in 2024, 0.084 in 2025, 0.086 in 2026, 0.088 in 2027, and 0.089 in 2028. This represents a year-on-year growth rate of approximately 1.22% from 2023 to 2024, 1.20% from 2024 to 2025, 2.38% from 2025 to 2026, 2.33% from 2026 to 2027, and 1.14% from 2027 to 2028. The compounded annual growth rate (CAGR) over the five-year period is estimated at 1.75%.
Future trends to watch for include potential shifts in consumer preferences towards specialty coffee, increased penetration of coffee chains in suburban and rural areas, and the impact of economic factors on disposable income and consumption patterns. Keeping an eye on these trends can provide valuable insights for stakeholders in the coffee market.
