Espresso coffee, crafted by forcing hot water through finely ground beans, offers a concentrated, rich flavor profile. Its preparation involves a swift mechanical process, resulting in lower caffeine content and a distinctive bitterness. Popular globally, espresso is enjoyed as a quick shot or combined with cream, chocolate, or milk. Its appeal lies in versatility and intense taste. The global espresso coffee market reflects this popularity, poised for continued growth driven by the demand for premium coffee experiences.
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Data Bridge Market Research analyses that the Global Espresso Coffee Market, which was USD 3.45 billion in 2022, is expected to reach USD 6.25 billion by 2030, at a CAGR of 7.81% during the forecast period of 2023-2030. Espresso's versatility as a base lends itself to diverse coffee creations, boosting its market appeal. From lattes to cappuccinos, its adaptability satisfies varied preferences, driving sustained demand in the market.
Key Findings of the Study
Café culture expansion is expected to drive the market's growth rate
The surge in café culture globally, marked by the proliferation of specialty coffee shops, significantly enhances the accessibility and exposure of espresso products. With an increasing number of cafes offering a variety of espresso-based beverages, consumers are exposed to the rich and intense flavors of espresso. This trend fosters a heightened appreciation for the beverage and contributes to the sustained growth of the espresso market as it becomes an integral part of contemporary coffee culture.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Pure Espresso, Double Espresso, Ristretto, Cappuccino, Latte, Mocha, Macchiato, Americano and Others), Beans (Coffee Arabica, Coffee Robusta and Coffee Liberica), Roast (Medium, Dark, Light, Others), Distribution Channel (Specialty Stores, Super Markets / Hyper Markets, Convenience Stores, E-Commerce and Others), End user (Cafes and Restaurants, Offices, Airports, Homes, Hotels and Bars, Educational Institutes, Hospitals and Others)
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Countries Covered
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U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Nestlé S.A (Switzerland), TreeHouse Foods Inc. Company (U.S.), The White Wave Foods Company (U.S.), Custom Food Group (U.S.), Compact Industries, Inc. (U.S.), DreamPak LLC (U.S.), Stancodex Pvt. Ltd (Malaysia), Super Group Ltd (South Africa), Viceroy Holland B.V. (Netherlands), PT Santos Premium Krimer (Indonesia), Shandong Tianjiao Biotech Co. Ltd. (China), Almer Malaysia Sdn. Bhd. (Malaysia), FrieslandCampina Kievit BV (Netherlands), Fujian Jumbo Grand Food Co Ltd. (China)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The global espresso coffee market is segmented on the basis of type, beans, roast, distribution channel, and end user.
- On the basis of type, the global espresso coffee market is segmented into pure espresso, double espresso, ristretto, cappuccino, latte, mocha, macchiato, americano, and others. The cappuccino segment is expected to dominate the global espresso coffee market with 31.18% market share due to its popularity as a classic and widely enjoyed espresso-based beverage. Its combination of espresso, steamed milk, and milk foam appeals to a broad range of coffee lovers, making it a preferred choice in cafes and households worldwide
Cappuccino segment is expected to dominate the type segment of the global espresso coffee market during the forecast period 2023-2030
The cappuccino segment is expected to dominate the type segment of the global espresso coffee market owing to its recognition as a traditional and well-such espresso-based beverage. A wide variety of coffee drinkers find its combination of espresso, steamed milk, and milk foam to be appealing, making it a popular option in cafes and homes all over the world with 31.18% market share
- On the basis of beans, the global espresso coffee market is segmented into coffee arabica, coffee robusta, coffee liberica. The coffee arabica segment is expected to dominate the global espresso coffee market with a 60.33% market share due to its superior flavor, aroma, and overall quality. Arabica beans are known for their smoothness, complexity, and desirable acidity, making them the preferred choice for high-quality espresso preparations
- On the basis of roast, the global espresso coffee market is segmented into light, medium, dark, and others. Medium segment is expected to dominate the global espresso coffee market with 56.63% market share due to its balanced flavor profile that appeals to a wide range of consumers. Medium roast strikes a balance between the acidity of light roast and the boldness of dark roast, making it a popular choice for espresso preparations
Medium segment is expected to dominate the roast segment of the global espresso coffee market during the forecast period 2023-2030
Medium segment is expected to dominate the roast segment of the global espresso coffee market owing to its well-balanced flavor profile, which draws in a variety of customers. A common choice for espresso preparations, medium roast strikes a balance between the acidity of light roast and the boldness of dark roast, with 56.63% market share
- On the basis of distribution channels, the global espresso coffee market is segmented into e-commerce, supermarkets/hypermarkets, convenience stores, specialty stores, and others. The specialty stores segment is expected to dominate the global espresso coffee market with a 39.77% market share due to its emphasis on offering a curated selection of superior coffee products and knowledge. They draw coffee lovers looking for premium and specialty espresso coffee options because they provide a distinctive shopping experience
- On the basis of end user, the global espresso coffee market is segmented into hotels and bars, offices, cafes and restaurants, homes, educational institutes, hospitals, airports, others. The cafes and restaurants segment is expected to dominate the global espresso coffee market with a 34.04% market share due to key outlets for espresso coffee, providing a dedicated space for customers to enjoy freshly brewed espresso-based beverages, creating a demand for quality coffee beans and equipment
Major Players
Data Bridge Market Research recognizes the following companies as the major global espresso coffee market players in global espresso coffee market are PT Santos Premium Krimer (Indonesia), Shandong Tianjiao Biotech Co. Ltd. (China), Almer Malaysia Sdn. Bhd. (Malaysia), FrieslandCampina Kievit BV (Netherlands), Fujian Jumbo Grand Food Co Ltd. (China)
Market Developments
- In September 2022, Coffee Crafters Europe announced a significant partnership with Bean Bliss Roasters. This alliance promises innovative coffee roasting technology and a broader range of premium coffee products, fostering growth and expansion for both companies in the Europe espresso coffee market
- In July 2022, Nestlé Café, a key player in the European espresso coffee market, announced a strategic collaboration with Artisan Roastery Co. This collaboration aims to elevate coffee sourcing and quality, enriching the coffee experience for Europe consumers and expanding Nestlé Café's market presence
- In March 2022, Peet's Coffee launched a vegan and dairy-free coffee bar as a standout feature in its Spring Coffeebar collection. This innovative addition includes a range of coffee and espresso drinks, skillfully crafted to accentuate the distinct flavors of oat and almond milk. The launch aligns with evolving consumer preferences for plant-based options, offering familiar tastes with a focus on enhancing the experience of non-dairy coffee enthusiasts
- In April 2021, Lavazza, the renowned Italian coffee giant, revealed a collaboration with European Brew Tech. This strategic collaboration focuses on delivering fully integrated coffee solutions, reinforcing Lavazza's position in the competitive espresso coffee market and ensuring cutting-edge offerings for cafes and consumers
- In February 2021, Alois Dallmayr Automaten-Service GmbH acquired Werthmann Verkaufsautomaten GmbH, headquartered in Kempten, Allgäu. This strategic move facilitates the expansion of Alois Dallmayr KG's Munich subsidiary into southern Germany, reinforcing its regional presence and positioning in the vending machine and automated services market
Regional Analysis
Geographically, the countries covered in the global espresso coffee market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa
As per Data Bridge Market Research analysis:
Europe is the dominant region in global espresso coffee market during the forecast period 2023-2030
Europe dominates the global espresso coffee market and is poised to uphold its leadership in the forecast period. The region's market supremacy is propelled by manufacturers' heightened focus on product launches. The proliferation of coffee shops further contributes to sustained growth. Europe's robust presence in the espresso market reflects consumer preferences and industry innovation, solidifying its position as a key driver in the global landscape.
Asia-Pacific is estimated to be the fastest-growing region in the global espresso coffee market during the forecast period 2023-2030
Asia-Pacific is expected to dominate the global espresso coffee market, exhibiting the highest compound annual growth rate from 2023 to 2030. This dominance is attributed to shifting lifestyles and increased regional disposable income. As consumer preferences evolve, the demand for premium coffee experiences, including espresso, is projected to surge, making Asia-Pacific a key growth driver in the forecasted period.
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