Market Overview:
The Europe Specialty Coffee Market size was valued at USD 18,272 Million in 2021 and is projected to reach USD 42,986.81 Million by 2028, growing at a CAGR of 13% from 2022 to 2028.
Speciality coffee, as defined by a rating of 80 points or higher from Certified Coffee Testers, stands out due to its ideal cultivation conditions, including altitude, timing, and soil quality. This distinction sets speciality coffee apart from other types of coffee. The term "speciality coffee" first emerged in the 1970s, coinciding with the rise of establishments like Starbucks and Peet, which transformed coffee into a consumer experience. Advancements in cultivation, roasting, brewing technology, and the growing market for premium coffee have made speciality coffees widely accessible to coffee enthusiasts worldwide.
Top Key Players for Specialty Coffee Market:
- Caribou Coffee Company (US)
- Carte Noire (France)
- Dallmayr Prodomo Ground Coffee (Germany)
- Blue Bottle (US)
- Leroux (France)
- Bulletproof (US)
- Costa Coffee (UK)
- Jacques Vabre (France)
- Eight O’Clock Coffee (US)
- Don Francisco’s Coffee (US)
- Caffè Nero Group Ltd. (UK)
- JAB Holding Company (Luxembourg)
- Luigi Lavazza S.p.A. (Italy)
- Strauss Group Ltd. (Israel) and Other Major Players
Market Dynamics and Factors:
The majority of European consumers still opt for affordable conventional coffee, there is an increasing trend of willingness to pay extra for premium and specialty coffees. Consumers are drawn to coffees with captivating origin stories and a focus on sustainability. This growing demand has prompted large trading companies like InterAmerican Coffee, Olam Specialty Coffee, Volcafé Specialty, Rehm & Co, and Sucafina Specialty to expand their portfolios to include speciality coffees. These companies recognize the rising prominence of the specialty coffee market in Europe.
Blockchain technology offers a decentralized and secure platform for traceability, accountability, and transparency. In the coffee industry, it enables tracking the origins and transactions of coffee, benefiting both roasters and producers. By bringing together data about consumers and providers, blockchain enhances partnerships and facilitates direct trade claims. Accessibility and education remain challenges for blockchain adoption. Farmer Connect and the Finca app is examples of blockchain applications in the coffee industry, improving traceability and connecting consumers with farmers.
The Report Will Include A Major Chapter
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
- Investment Analysis
Key Industry Development:
In March 2022, Olam Specialty Coffee is expanding its brand and e-commerce platform to Europe after more than ten years of supporting the speciality coffee business in the US. Olam Specialty Coffee is now enabling European customers' online sample requests and direct purchasing of its traceable speciality coffees thanks to new sites that cater to customers in the UK and EU.
In February 2022, Caffè Nero acquired of Coffee#1, a UK coffee chain. The Nero Group, known for operating Caffè Nero, Harris+Hoole, and Aroma brands, has acquired the remaining 33% stake in Coffee#1 from S.A. Brain, a Welsh brewery.
Specialty Coffee Market Report Highlight:
- By Grade, the 90-100 grade segment is expected to dominate the market over the forecast period. Coffee scoring in the range of 90-100 is considered exceptional in terms of quality. These coffees exhibit complex flavours, balanced acidity, pleasant aroma, and a satisfying body. They are highly sought after by coffee enthusiasts and are often classified as specialty or gourmet coffees.
- By Product Type, instant coffee segments are anticipated to dominate the market over the forecast period. Instant coffee is a convenient and quick-to-prepare form of coffee made from dried and processed coffee beans. It dissolves easily in hot water, providing a hassle-free way to enjoy a cup of coffee without the need for brewing equipment.
- By Application, the commercial segment is expected to dominate the market over the forecast period. The commercial coffee segment is booming due to increased coffee consumption and the popularity of capsule machines in offices worldwide. Although large companies usually do not sell speciality coffee products, they influence consumer preferences, which benefits smaller coffee shops.
- By Distribution Channel, the retail distribution channel is expected to dominate the market over the forecast period. Retail involves direct sales to consumers, and when roasters are involved in the entire sales process, they gain a better understanding of consumer preferences.
- Germany is expected to dominate the market. In Germany, the demand for high-quality coffee is growing. Speciality coffee, known for its carefully sourced beans and expert brewing methods, is gaining popularity among German consumers. This has led to the emergence of speciality cafes and coffee shops that meet the growing demand for unique flavours and origins. German coffee lovers are increasingly looking to these establishments to satisfy their discerning taste buds.
Central to our report are the company profiles and competitive analysis, providing insights into market players' overview, market role, and operating business segments. We evaluate their financial performance, production volume, sales volume, and sales margin while highlighting recent market developments. Our market research offers invaluable intelligence and strategic insights to drive informed decision-making. By capitalizing on emerging opportunities and understanding the competitive landscape, our report empowers businesses to thrive in the Europe Specialty Coffee Market.
Specialty Coffee Market Segmentation:
By Grade
- 80-84.99
- 85-89.99
- 90-100
By Product Type
- Instant Coffee
- Ground Coffee
- Whole Beans
- Single-Cup
- Blends
- Others
By Application
- Home
- Commercial
By Distribution Channel
- Food Service
- Specialty Stores
- Supermarkets & Hypermarkets
- Retail
- Online Stores
For this report, Introspective Market Research has segmented the Specialty Coffee Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
Eastern Europe
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Russia
- Spain
- Rest of Western Europe
