Forecast: Decaffeinated or Roasted Coffee Market Size Value in Spain

The decaffeinated or roasted coffee market in Spain stood at an actual value of 2.398 billion Euros in 2023. Forecasts for 2024 estimate a market size of 2.4881 billion Euros, representing a year-on-year growth of approximately 3.75%. For 2025, the market is expected to grow to 2.5781 billion Euros, indicating a growth rate of about 3.62% from 2024. By the end of 2026, the value is projected to reach 2.6673 billion Euros, a rise of around 3.46% from the previous year. For 2027 and 2028, the forecasted values are 2.7555 billion Euros and 2.8429 billion Euros, respectively. These figures show annual growth rates of approximately 3.31% and 3.17%.

The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is expected to be around 3.46%, indicating a steady upward trend in the market.

Future trends to watch for include advancements in coffee processing technology, increasing consumer preference for premium and specialty coffee products, and a growing awareness of health benefits associated with decaffeinated coffee. Additionally, market players should keep an eye on evolving consumer preferences towards sustainable and ethically sourced coffee products.