Europe Coffee Market Size
The Europe coffee market is
projected to escalate from US$ 46.14 billion in 2023 to an impressive US$ 64.43
billion by 2032, reflecting a CAGR of 3.78% over the forecast period. This
remarkable growth trajectory is driven by increasing disposable incomes,
evolving consumer lifestyles, and the deepening entrenchment of coffee culture
among European consumers.
Europe Coffee Market Table
of Content and Sample Download: https://www.renub.com/europe-coffee-market-p.php
Europe Coffee Market Overview
Europe stands as the preeminent
global market for green coffee, underscoring the beverage’s profound cultural
and economic significance. Coffee, a staple brewed drink, is derived from
roasted coffee beans—the seeds of berries from certain coffee species. These
beans are harvested, processed, and dried as they transition from green to
vibrant red, signaling ripeness. Small and medium-sized coffee roasters,
alongside coffee shops, have been at the forefront of delivering high-quality
coffee to the market.
Several factors fuel the growth
of the European coffee market, including the rising demand for certified coffee
products, the popularity of single-serve coffee brewing systems, and continuous
innovations from leading industry players. Additionally, fluctuating weather
conditions in coffee-producing regions significantly impact the supply chain of
coffee imported into Europe.
According to the European Coffee
Federation, Europe accounted for 31% of global coffee consumption in 2022,
making it a substantial and attractive market. The European Union boasts the
highest per capita coffee consumption globally, albeit with variations across
countries. In Western Europe, coffee is deeply ingrained in daily routines,
contributing to its popularity. The burgeoning number of new coffee shops,
expanding coffee chain stores, and increasing household purchases of coffee
machines further drive demand. Project Café Europe 2022 reports that the
European coffee chain market grew by 3.2% in the previous year, reaching 40,675
outlets.
Growth Drivers in the Europe Coffee Market
Rising Demand for Premium and Specialty Coffee: European consumers
are increasingly willing to invest in higher-quality coffee, propelling the
premium and specialty coffee market. This shift mirrors a broader trend toward
gourmet and artisanal food and beverage products. The rise in out-of-home consumption
has significantly bolstered the premium coffee market. Coffee shops across
Europe are introducing sophisticated, high-value varieties, thereby fueling
market growth. The emphasis on the brewing process and crop origins has become
crucial for specialty coffee producers. Notably, the industry’s focus on the
provenance of coffee has garnered significant interest, with single-origin
coffee gaining prominence even in major chains like Starbucks.
Surge in Espresso Coffee Popularity: The increasing appeal of
espresso coffee is attributed to its affordability, nutritional benefits,
extended shelf life, and user-friendliness. The European espresso coffee market
is expanding, driven by new entrants and competitive pricing. The blending of
espresso with other beverages also contributes to market growth. The demand for
espresso is rising in developing economies, particularly in office cafeterias,
hotels, restaurants, and coffee shops. In 2022, Turkey’s Espressolab launched
Europe’s largest coffee experience center, integrating coffee shop, roasting,
workshop, and bakery operations.
Germany Coffee Market
Germany leads the European coffee
market, followed by Italy and Belgium. The market presents specific
opportunities for single-serve coffee, specialty coffee, certified coffee, and
low or decaffeinated options, in addition to large-scale commercial coffee
types. The preference for freshly brewed coffee is growing, driven by specialty
coffee shops, office consumption, and home brewing trends. Consumers’ interest
in home preparation of coffee from whole roasted beans often results in the
production of fresh batches. Germany, the largest importer of coffee in Europe,
also serves as the primary trade hub for green coffee, re-exporting 168,000
tonnes annually. In March 2022, Peet’s Coffee introduced a dairy-free, vegan
coffee bar as part of its Spring Coffeebar collection, featuring flavors
designed to complement oat and almond milk.
Leading Companies in the Europe Coffee Market
Key players in the European
coffee market include JAB Holding Company, Nestlé SA, The Kraft Heinz Company,
J.J. Darboven GmbH & Co. KG, Strauss Group Ltd, Melitta Group, Starbucks
Corporation, Krüger GmbH & Co. KG, Luigi Lavazza SpA, and Maxingvest AG
(Tchibo).
Relate Reports
Ready to Drink Tea and Coffee
Market : https://www.renub.com/ready-to-drink-tea-and-coffee-market-p.php
United States Food Allergen
Testing Market : https://www.renub.com/us-food-allergen-testing-market-p.php
Global Beef Market : https://www.renub.com/global-beef-market-p.php
Europe Online Food Delivery Market:
https://www.renub.com/europe-online-food-delivery-market-p.php
Recent Developments in the Europe Coffee Market
May 2024: 365 Retail Markets
launched PicoCoffee™, a compact, cashless payment device for tabletop coffee
machines, allowing consumers to purchase beverages and market items in a single
transaction.
May 2024: Europe welcomed its
first EUDR-ready coffee, verified by the Rainforest Alliance and produced by High
Range Coffee Curing in India, complying with the European Union Deforestation
Regulation (EUDR).
October 2023: Ecotone, Europe’s
leading producer of organic, plant-based, ethical, and sustainable food, opened
the continent’s largest 100% organic coffee and loose-leaf tea factory.
December 2023: Roastery Coffee
House became the first Indian coffee chain to establish an outlet in Europe.
Product Type – Europe Coffee Market is divided into 4 viewpoints
1. Whole
Bean
2. Ground
Coffee
3. Instant
Coffee
4. Coffee
Pods and Capsule
Distribution Channel – Europe Coffee Market is divided into 6 viewpoints
1. On-Trade
2. Off-Trade
3. Supermarkets/Hypermarkets
4. Convenience
Stores
5. Specialist
Retailers
6. Other
Off-trade Channels
By Countries – Europe Coffee Market breakup in 7 viewpoints
1. United
Kingdom
2. Germany
3. France
4. Russia
5. Italy
6. Spain
7. Rest
of Europe
All the Key players have been covered from 4 Viewpoints:
1. Overview
2. Recent
Development & Strategies
3. Product
Portfolio & Product Launch in Last 1 Year
4. Revenue
Company Analysis:
1. JAB
Holding Company
2. Nestlé
SA
3. The
Kraft Heinz Company
4. J.J.
Darboven GmbH & Co. KG
5. Strauss
Group Ltd
6. Melitta
Group
7. Starbucks
Corporation
8. Krüger
GmbH & Co. KG
9. Luigi
Lavazza SpA
10. Maxingvest
AG (Tchibo)
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