NEW
YORK, Nov. 29, 2022 /PRNewswire/ -- Technavio
categorizes the global specialty coffee shops market as a part of
the hotels, restaurants, and leisure market, the parent
market. The hotels, restaurants, and leisure market covers
companies engaged in operating hotels, resorts, and cruise ships,
including travel agencies, tour operators, and related services.
The global specialty coffee shops market size is
estimated to increase by USD 39.17
billion from 2022 to 2027. The market's growth momentum
will accelerate at a CAGR of 7.43%.
Discover some insights on market size before
buying full report, request a free sample
Global specialty coffee shops
market - Customer Landscape
To help companies evaluate and develop growth strategies, the
report outlines –
- Key purchase criteria
- Adoption rates
- Adoption lifecycle
- Drivers of price sensitivity
Global specialty coffee shops
market – Vendor Analysis
Vendor Landscape - The global specialty coffee shops
market is fragmented, with the presence of numerous players.
Several local players are operating in the market. Therefore,
established brands adopt various strategies to expand their
businesses and increase their market shares. Vendors invest heavily
in building infrastructure and product portfolios to differentiate
themselves. They also provide service innovation to stay ahead of
their competitors to attract new/existing customers.
In such a fragmented market, players with wide product
portfolios provide numerous options to buyers, which is expected to
increase the competition in the global specialty coffee shops
market during the forecast period.
Vendor Offerings -
- Barista Coffee Co. Ltd.: The company offers
specialty coffee shops for choco affair range including box, slabs,
and pouches with the taste of pure cocoa.
- Brew Berrys Hospitality Pvt Ltd.: The company
offers specialty coffee shops to gain a big share of the
ever-growing coffee consumption market.
- Caffe Nero Group Ltd.: The company offers specialty
coffee shops to offer coffee, roastery, and food.
- Coffee Day Enterprises Ltd.: The company offers
specialty coffee shops such as e-shops, local retailers, and mobile
shops.
- For details on vendor and its offerings – Buy
report!
Global specialty coffee shops
market - Segmentation Assessment
Geography Overview
By geography, the global specialty coffee shops
market is segmented into North
America, Europe, APAC,
South America, and the
Middle East and Africa. The report provides actionable
insights and an accurate estimation of the contribution of all
regions to the growth of the global specialty coffee shops
market.
- North America held a 32%
share of the global specialty coffee shops market in 2022.
The market in the region is estimated to grow at the fastest pace
during the forecast period. The limited time to prepare food and
beverages at home is resulting in the population opting for
specialty coffee shops for coffee and breakfast daily. In addition,
the increasing hectic lifestyles of the working population and
rising number of students is contributing to the growth of the
specialty coffee shops market in North
America.
Segment Overview
By type, the global specialty coffee shops market is segmented
into independent coffee shops and chain coffee shops.
- The market share growth of the independent coffee
shops segment will be higher than the other segments
during the forecast period. The segment is primarily driven by the
growth in the number of gourmet coffee shops globally. The growing
popularity of gourmet coffee shops among the urban population is
encouraging vendors to expand their business to cater to the
population in developed countries, thereby contributing to
segment's growth.
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Global specialty coffee shops
market – Market Dynamics
- Impactful Driver - The increasing consumption of
coffee is driving the growth of the market. Coffee is the
second-most traded commodity in the world after oil. The demand for
coffee has increased significantly over the years. This is due to
the growing popularity and the easy availability of coffee. The
consumption of coffee in developing countries such as China, India,
and Brazil has been increasing at
a significant rate. Coffee consumption is also increasing in
developed regions. It is estimated that an average consumer in the
US consumes 363 cups of coffee per year, and an average consumer in
the UK consumes around 250 cups of coffee per year. This has
resulted in an increased growth opportunity for vendors, which is
driving them to focus on product diversification, the introduction
of new flavors, and brand extensions to increase revenue. Thus, the
increasing consumption of coffee worldwide is expected to drive the
growth of the global specialty coffee shops market during the
forecast period.
- Key Trend - The increasing popularity of coffee among
millennials is the key trend in the market. The millennial
population spend more on premium beverages and are also keen on
experimenting with new drink types, brands, and flavors. To cater
to this population group, vendors are expanding their coffee chain
operations by opening new specialty coffee shops. In addition,
rising disposable incomes in Asian, Eastern European, and Latin
American economies and the growing coffee shop culture among
millennials are positively influencing the growth of the market in
focus.
- Major Challenge - The fluctuating prices of coffee beans
is the major challenge in the market. Factors such as disparity in
demand and supply of coffee beans, decreased production of coffee
beans, unfavorable weather conditions, and rising labor costs are
leading to fluctuations in the prices of coffee beans. In addition,
the need to remain competitive in the market is forcing vendors to
offer low-cost substitutes such as low-grade coffee beans and
instant coffee powder. Moreover, the increasing competition in the
market is compelling vendors to operate on low-profit margins
despite the increasing cost of raw materials. All these factors are
hindering the growth of the market in focus.
Driver, Trend & Challenges are the factor
of market dynamics which states about consequences &
sustainability of the businesses, find few insights from , a free
sample report!
What are the key data covered in this specialty coffee shops
market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of
the specialty coffee shops market between 2023 and 2027
- Precise estimation of the size of the specialty coffee shops
market size and its contribution of the market in focus to the
parent market
- Accurate predictions about upcoming trends and changes in
consumer behavior
- Growth of the specialty coffee shops market industry across
APAC, North America, Europe, Middle
East and Africa, and
South America
- Thorough analysis of the market's competitive landscape and
detailed information about vendors
- Comprehensive analysis of factors that will challenge the
growth of specialty coffee shops market vendors
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Specialty Coffee
Shops Market Scope
|
Report
Coverage
|
Details
|
Page number
|
154
|
Base year
|
2022
|
Historic
period
|
2017-2021
|
Forecast
period
|
2023-2027
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
7.43%
|
Market growth
2023-2027
|
USD 39.17
billion
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
7.08
|
Regional
analysis
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Performing market
contribution
|
North America at
32%
|
Key
countries
|
US, China, Japan, UK,
and Germany
|
Competitive
landscape
|
Leading Vendors, Market
Positioning of Vendors, Competitive Strategies, and Industry
Risks
|
Key companies
profiled
|
Barista Coffee Co.
Ltd., BLUE BOTTLE COFFEE Inc., Brew Berrys Hospitality Pvt Ltd.,
Caffe Nero Group Ltd., Caribou Coffee Operating Co. Inc., Coffee
Beanery, Coffee Day Enterprises Ltd., Costa Ltd., Doutor Coffee Co.
Ltd., Ediya Co. Ltd., Gloria Jeans Coffees International Pty Ltd.,
Grupo Herdez SAB de CV, Inspire Brands Inc., Keurig Green Mountain
Inc., and La Colombe Torrefaction Inc.
|
Market
dynamics
|
Parent market analysis,
market growth inducers and obstacles, fast-growing and slow-growing
segment analysis, COVID-19 impact and recovery analysis and future
consumer dynamics, and market condition analysis for the forecast
period.
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
Table of contents:
1 Executive Summary
- 1.1 Market overview
-
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market
Overview
- Exhibit 03: Executive Summary – Chart on Global Market
Characteristics
- Exhibit 04: Executive Summary – Chart on Market by
Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by
Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by
Distribution Channel
- Exhibit 07: Executive Summary – Chart on Incremental
Growth
- Exhibit 08: Executive Summary – Data Table on Incremental
Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market
Positioning
2 Market Landscape
- 2.1 Market ecosystem
-
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
-
- Exhibit 12: Offerings of vendors included in the market
definition
- 3.2 Market segment analysis
-
- Exhibit 13: Market segments
- 3.4 Market outlook: Forecast for 2022-2027
-
- Exhibit 14: Chart on Global - Market size and forecast
2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast
2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth
2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth
2022-2027 (%)
4 Historic Market Size
- 4.1 Global specialty coffee shops market 2017 - 2021
-
- Exhibit 18: Historic Market Size – Data Table on Global
specialty coffee shops market 2017 - 2021 ($ billion)
- 4.2 Geography Segment Analysis 2017 - 2021
-
- Exhibit 19: Historic Market Size – Geography Segment 2017 -
2021 ($ billion)
- 4.3 Type Segment Analysis 2017 - 2021
-
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($
billion)
- 4.4 Distribution Channel Segment Analysis 2017 - 2021
-
- Exhibit 21: Historic Market Size – Distribution Channel Segment
2017 - 2021 ($ billion)
- 4.5 Country Segment Analysis 2017 - 2021
-
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021
($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
-
- Exhibit 23: Five forces analysis - Comparison between2022 and
2027
- 5.2 Bargaining power of buyers
-
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key
factors 2022 and 2027
- 5.3 Bargaining power of suppliers
-
- Exhibit 25: Bargaining power of suppliers – Impact of key
factors in 2022 and 2027
- 5.4 Threat of new entrants
-
- Exhibit 26: Threat of new entrants – Impact of key factors in
2022 and 2027
- 5.5 Threat of substitutes
-
- Exhibit 27: Threat of substitutes – Impact of key factors in
2022 and 2027
- 5.6 Threat of rivalry
-
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022
and 2027
- 5.7 Market condition
-
- Exhibit 29: Chart on Market condition - Five forces 2022 and
2027
6 Market Segmentation by Type
- 6.1 Market segments
-
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027
(%)
- 6.2 Comparison by Type
-
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Independent coffee shops - Market size and forecast
2022-2027
-
- Exhibit 34: Chart on Independent coffee shops - Market size and
forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Independent coffee shops - Market
size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Independent coffee shops - Year-over-year
growth 2022-2027 (%)
- Exhibit 37: Data Table on Independent coffee shops -
Year-over-year growth 2022-2027 (%)
- 6.4 Chain coffee shops - Market size and forecast
2022-2027
-
- Exhibit 38: Chart on Chain coffee shops - Market size and
forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Chain coffee shops - Market size and
forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Chain coffee shops - Year-over-year growth
2022-2027 (%)
- Exhibit 41: Data Table on Chain coffee shops - Year-over-year
growth 2022-2027 (%)
- 6.5 Market opportunity by Type
-
- Exhibit 42: Market opportunity by Type ($ billion)
7 Market Segmentation by Distribution Channel
- 7.1 Market segments
-
- Exhibit 43: Chart on Distribution Channel - Market share
2022-2027 (%)
- Exhibit 44: Data Table on Distribution Channel - Market share
2022-2027 (%)
- 7.2 Comparison by Distribution Channel
-
- Exhibit 45: Chart on Comparison by Distribution Channel
- Exhibit 46: Data Table on Comparison by Distribution
Channel
- 7.3 Offline - Market size and forecast 2022-2027
-
- Exhibit 47: Chart on Offline - Market size and forecast
2022-2027 ($ billion)
- Exhibit 48: Data Table on Offline - Market size and forecast
2022-2027 ($ billion)
- Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027
(%)
- Exhibit 50: Data Table on Offline - Year-over-year growth
2022-2027 (%)
- 7.4 Online - Market size and forecast 2022-2027
-
- Exhibit 51: Chart on Online - Market size and forecast
2022-2027 ($ billion)
- Exhibit 52: Data Table on Online - Market size and forecast
2022-2027 ($ billion)
- Exhibit 53: Chart on Online - Year-over-year growth 2022-2027
(%)
- Exhibit 54: Data Table on Online - Year-over-year growth
2022-2027 (%)
- 7.5 Market opportunity by Distribution Channel
-
- Exhibit 55: Market opportunity by Distribution Channel ($
billion)
8 Customer Landscape
- 8.1 Customer landscape overview
-
- Exhibit 56: Analysis of price sensitivity, lifecycle, customer
purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
-
- Exhibit 57: Chart on Market share by geography 2022-2027
(%)
- Exhibit 58: Data Table on Market share by geography 2022-2027
(%)
- 9.2 Geographic comparison
-
- Exhibit 59: Chart on Geographic comparison
- Exhibit 60: Data Table on Geographic comparison
- 9.3 North America - Market
size and forecast 2022-2027
-
- Exhibit 61: Chart on North
America - Market size and forecast 2022-2027 ($
billion)
- Exhibit 62: Data Table on North
America - Market size and forecast 2022-2027 ($
billion)
- Exhibit 63: Chart on North
America - Year-over-year growth 2022-2027 (%)
- Exhibit 64: Data Table on North
America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and
forecast 2022-2027
-
- Exhibit 65: Chart on Europe -
Market size and forecast 2022-2027 ($ billion)
- Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($
billion)
- Exhibit 67: Chart on Europe -
Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027
(%)
- 9.5 APAC - Market size and forecast 2022-2027
-
- Exhibit 69: Chart on APAC - Market size and forecast 2022-2027
($ billion)
- Exhibit 70: Data Table on APAC - Market size and forecast
2022-2027 ($ billion)
- Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027
(%)
- Exhibit 72: Data Table on APAC - Year-over-year growth
2022-2027 (%)
- 9.6 South America - Market
size and forecast 2022-2027
-
- Exhibit 73: Chart on South
America - Market size and forecast 2022-2027 ($
billion)
- Exhibit 74: Data Table on South
America - Market size and forecast 2022-2027 ($
billion)
- Exhibit 75: Chart on South
America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on South
America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and
Africa - Market size and forecast
2022-2027
-
- Exhibit 77: Chart on Middle
East and Africa - Market
size and forecast 2022-2027 ($ billion)
- Exhibit 78: Data Table on Middle
East and Africa - Market
size and forecast 2022-2027 ($ billion)
- Exhibit 79: Chart on Middle
East and Africa -
Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Middle
East and Africa -
Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
-
- Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($
billion)
- Exhibit 82: Data Table on US - Market size and forecast
2022-2027 ($ billion)
- Exhibit 83: Chart on US - Year-over-year growth 2022-2027
(%)
- Exhibit 84: Data Table on US - Year-over-year growth 2022-2027
(%)
- 9.9 China - Market size and
forecast 2022-2027
-
- Exhibit 85: Chart on China -
Market size and forecast 2022-2027 ($ billion)
- Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($
billion)
- Exhibit 87: Chart on China -
Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on China - Year-over-year growth 2022-2027
(%)
- 9.10 UK - Market size and forecast 2022-2027
-
- Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($
billion)
- Exhibit 90: Data Table on UK - Market size and forecast
2022-2027 ($ billion)
- Exhibit 91: Chart on UK - Year-over-year growth 2022-2027
(%)
- Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027
(%)
- 9.11 Germany - Market size and
forecast 2022-2027
-
- Exhibit 93: Chart on Germany -
Market size and forecast 2022-2027 ($ billion)
- Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027
($ billion)
- Exhibit 95: Chart on Germany -
Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027
(%)
- 9.12 Japan - Market size and
forecast 2022-2027
-
- Exhibit 97: Chart on Japan -
Market size and forecast 2022-2027 ($ billion)
- Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($
billion)
- Exhibit 99: Chart on Japan -
Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027
(%)
- 9.13 Market opportunity by geography
-
- Exhibit 101: Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.3 Impact of drivers and challenges
-
- Exhibit 102: Impact of drivers and challenges in 2022 and
2027
11 Vendor Landscape
- 11.2 Vendor landscape
-
- Exhibit 103: Overview on Criticality of inputs and Factors of
differentiation
- 11.3 Landscape disruption
-
- Exhibit 104: Overview on factors of disruption
- 11.4 Industry risks
-
- Exhibit 105: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
-
- Exhibit 106: Vendors covered
- 12.2 Market positioning of vendors
-
- Exhibit 107: Matrix on vendor position and classification
- 12.3 Barista Coffee Co. Ltd.
-
- Exhibit 108: Barista Coffee Co. Ltd. - Overview
- Exhibit 109: Barista Coffee Co. Ltd. - Product / Service
- Exhibit 110: Barista Coffee Co. Ltd. - Key offerings
- 12.4 Brew Berrys Hospitality Pvt Ltd.
-
- Exhibit 111: Brew Berrys Hospitality Pvt Ltd. - Overview
- Exhibit 112: Brew Berrys Hospitality Pvt Ltd. - Product /
Service
- Exhibit 113: Brew Berrys Hospitality Pvt Ltd. - Key
offerings
- 12.5 Caffe Nero Group Ltd.
-
- Exhibit 114: Caffe Nero Group Ltd. - Overview
- Exhibit 115: Caffe Nero Group Ltd. - Product / Service
- Exhibit 116: Caffe Nero Group Ltd. - Key offerings
- 12.6 Coffee Beanery
-
- Exhibit 117: Coffee Beanery - Overview
- Exhibit 118: Coffee Beanery - Product / Service
- Exhibit 119: Coffee Beanery - Key offerings
- 12.7 Coffee Day Enterprises Ltd.
-
- Exhibit 120: Coffee Day Enterprises Ltd. - Overview
- Exhibit 121: Coffee Day Enterprises Ltd. - Product /
Service
- Exhibit 122: Coffee Day Enterprises Ltd. - Key offerings
- 12.8 Costa Ltd.
-
- Exhibit 123: Costa Ltd. - Overview
- Exhibit 124: Costa Ltd. - Product / Service
- Exhibit 125: Costa Ltd. - Key offerings
- 12.9 Doutor Coffee Co. Ltd.
-
- Exhibit 126: Doutor Coffee Co. Ltd. - Overview
- Exhibit 127: Doutor Coffee Co. Ltd. - Product / Service
- Exhibit 128: Doutor Coffee Co. Ltd. - Key offerings
- 12.10 Ediya Co. Ltd.
-
- Exhibit 129: Ediya Co. Ltd. - Overview
- Exhibit 130: Ediya Co. Ltd. - Product / Service
- Exhibit 131: Ediya Co. Ltd. - Key offerings
- 12.11 Gloria Jeans Coffees International Pty Ltd.
-
- Exhibit 132: Gloria Jeans Coffees International Pty Ltd. -
Overview
- Exhibit 133: Gloria Jeans Coffees International Pty Ltd. -
Product / Service
- Exhibit 134: Gloria Jeans Coffees International Pty Ltd. - Key
offerings
- 12.12 Inspire Brands Inc.
-
- Exhibit 135: Inspire Brands Inc. - Overview
- Exhibit 136: Inspire Brands Inc. - Product / Service
- Exhibit 137: Inspire Brands Inc. - Key offerings
- 12.13 Keurig Green Mountain Inc.
-
- Exhibit 138: Keurig Green Mountain Inc. - Overview
- Exhibit 139: Keurig Green Mountain Inc. - Product /
Service
- Exhibit 140: Keurig Green Mountain Inc. - Key offerings
- 12.14 McDonald Corp.
-
- Exhibit 141: McDonald Corp. - Overview
- Exhibit 142: McDonald Corp. - Business segments
- Exhibit 143: McDonald Corp. - Key news
- Exhibit 144: McDonald Corp. - Key offerings
- Exhibit 145: McDonald Corp. - Segment focus
- 12.15 MTY Food Group Inc
-
- Exhibit 146: MTY Food Group Inc - Overview
- Exhibit 147: MTY Food Group Inc - Business segments
- Exhibit 148: MTY Food Group Inc - Key offerings
- Exhibit 149: MTY Food Group Inc - Segment focus
- 12.16 Restaurant Brands International Inc.
-
- Exhibit 150: Restaurant Brands International Inc. -
Overview
- Exhibit 151: Restaurant Brands International Inc. - Business
segments
- Exhibit 152: Restaurant Brands International Inc. - Key
news
- Exhibit 153: Restaurant Brands International Inc. - Key
offerings
- Exhibit 154: Restaurant Brands International Inc. - Segment
focus
- 12.17 Starbucks Co.
-
- Exhibit 155: Starbucks Co. - Overview
- Exhibit 156: Starbucks Co. - Business segments
- Exhibit 157: Starbucks Co. - Key news
- Exhibit 158: Starbucks Co. - Key offerings
- Exhibit 159: Starbucks Co. - Segment focus
13 Appendix
- 13.2 Inclusions and exclusions checklist
-
- Exhibit 160: Inclusions checklist
- Exhibit 161: Exclusions checklist
- 13.3 Currency conversion rates for US$
-
- Exhibit 162: Currency conversion rates for US$
- 13.4 Research methodology
-
- Exhibit 163: Research methodology
- Exhibit 164: Validation techniques employed for market
sizing
- Exhibit 165: Information sources
- 13.5 List of abbreviations
-
- Exhibit 166: List of abbreviations
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