𝐑𝐞𝐜𝐲𝐜𝐥𝐞 𝐂𝐨𝐟𝐟𝐞𝐞 𝐆𝐫𝐨𝐮𝐧𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐄𝐱𝐩𝐨𝐧𝐞𝐧𝐭𝐢𝐚𝐥 𝐓𝐨 𝟐𝟎𝟑𝟎 According to the Market Statsville Group (MSG), the global recycle coffee grounds market size is expected to grow at a CAGR of 7.2% from 2023 to 2033. After providing warmth and caffeine to coffee consumers, a great resource with numerous uses is being severely wasted. Used coffee grounds are the byproduct of brewing coffee and are what remains after coffee preparation. Although used coffee grounds contain several useful chemical components, they are typically viewed as waste and are either thrown away or composted. Over 2 billion cups of coffee are consumed every day worldwide. Six million tons of the coffee grounds required to produce those cups are disposed of each year, making up most of the grounds utilized. Decomposing coffee grounds emit methane into the atmosphere, which is harmful to the climate because methane is the second-most abundant greenhouse gas and has the potential to warm the planet up to 86 times more than carbon dioxide. Hence, with these environmental concerns, the concept of recycling coffee grounds was taken up by various companies. The coffee ground can be recycled for various applications such as cosmetics, consumer products, furniture, food and oils, and many more. Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/recycle-coffee-grounds-market?utm_source=free&utm_medium=harsh Scope of the Global Recycle Coffee Grounds Market The study categorizes the recycle coffee grounds market based on distribution and application at the regional and global levels. By Distribution (Sales, USD Billion, 2019-2033) Business to Business (B2B) Business to Consumers (B2C) By Application Outlook (Sales, USD Billion, 2019-2033) Food & Beverage Skincare and Cosmetics Consumer Products Healthcare Accessories and furniture Others By Region Outlook (Sales, USD Billion, 2019-2033) North America US Canada Mexico Europe Germany Italy France UK Spain Poland Russia The Netherlands Norway Czech Republic Rest of Europe Asia Pacific China Japan India South Korea Indonesia Malaysia Thailand Singapore Australia & New Zealand Rest of Asia Pacific South America Brazil Argentina Colombia Rest of South America The Middle East & Africa Saudi Arabia UAE South Africa Northern Africa Rest of MEA Direct Purchase Report: https://www.marketstatsville.com/buy-now/recycle-coffee-grounds-market?opt=3338&utm_source=free&utm_medium=harsh Skincare & Cosmetics segment accounts for the largest market share during the forecast period by Application Based on application, the market is bifurcated into food & beverage, skincare and cosmetics, consumer products, healthcare, accessories and furniture, and others. In 2022, the skincare & cosmetics segment accounted for the largest market share. Serine, derived from caffeine, is an antioxidant that helps rejuvenate skin, clear up acne, and minimize acne scars. Caffeine also encourages the production of collagen. Blackheads, whiteheads, and acne scars can all be removed from the skin by using caffeine as an exfoliant. As a result, coffee-based skincare and cosmetics are becoming more and more popular. Due to the two benefits – caffeine and coffee grounds recycling- businesses have started using old coffee grounds in producing such items. Gentle cleansers, skin scrubs, moisturizers, face serums, masks, and many other skincare products can all be manufactured from recycled coffee grounds. Europe is projected to account for the largest market share, by Region Based on the regions, the global recycle coffee grounds market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Europe will dominate the global recycle coffee grounds market in 2022. Europe has the world's largest coffee consumption, generating the maximum amount of used coffee grounds. Most recycling companies have originated from this region and are providing services globally. Lastly, the people in Europe are also aware of this wastage therefore, they promote the recycling of coffee grounds at the personal level as well. Key Market Players in the Global Recycle Coffee Grounds Market The global recycle coffee grounds market is not much competitive. It is a relatively new and diverse market where companies recycle the used coffee grounds and make different products. For instance, in June 2021, Costa Coffee extended its partnership with bio-bean to continue recycling its spent coffee grounds with bio-bean for a further two years, building on our successful partnership that started in 2016. Major players in the global recycle coffee grounds market are: Kaffeeform Kaffe Bueno decafé UpCircle Beauty bio-bean Company 6 Company 7 Company 8 Company 9 Company 10