DUBLIN--(BUSINESS WIRE)--The "Coffee Shops: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Coffee Shops Market to Reach $229.9 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Coffee Shops estimated at US$165.7 Billion in the year 2022, is projected to reach a revised size of US$229.9 Billion by 2030, growing at a CAGR of 4.2% over the analysis period 2022-2030.
Coffee, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$142.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Other Products segment is readjusted to a revised 3.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $37.1 Billion, While China is Forecast to Grow at 7.1% CAGR
The Coffee Shops market in the U.S. is estimated at US$37.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$14.8 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
MARKET OVERVIEW
- COVID-19 Crisis Leaves Coffee Shops Struggling to Contain Operating Losses
- YoY Growth in Seated Diners in Restaurants Worldwide (In %)
- Starbucks Monthly Sales Growth in US and China: January 2020-May 2020
- Strategies Adopted by Coffee Shops to Remain Relevant
- Retail Chain Demand Ebbs following Spike in First Quarter Sales
- Coffee Shops: An Overview
- Coffee Industry Dynamics
- Coffee: Fast Facts
- Noteworthy Coffee Facts of Major Coffee Markets
- An Insight into Origins of Coffee
- Coffee Varieties
- Types of Coffees
- Coffee Waves: Tracking the Evolution of Coffee Industry
- Coffee Production Landscape
- Global Coffee Production (in Thousand 60Kg Bags) by Crop Year: 2015-16 to 2019-20
- Brazil Dominates Global Coffee Production
- Leading Coffee Producing Countries Worldwide by Production Volume (1000, 60kg bags) for the Year 2018-2019 and 2019-2020
- Leading Coffee Producing Countries Worldwide by Production Volume Share for the Crop Year 2019-2020
- Surging Output & Receding Demand amid COVID-19 Jolts Coffee Industry
- Major Coffee Producing Regions/Countries: Snapshot Profiles
- Europe Leads Global Coffee Consumption
- Top Coffee Consuming Regions/Countries Worldwide (2019-20): Consumption of Coffee in Thousands of 60-Kilogram Bags
- Coffee Shops - Global Key Competitors Percentage Market Share in 2022 (E)
- Global Coffee Chains Market: Percentage Breakdown of Revenues by Leading Coffee Chain for 2019
- Leading Coffee Shops Worldwide Ranked by Number of Stores: 2019
- Recent Market Activity
- World Brands
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
MARKET TRENDS & DRIVERS
- Online Orders Gain Traction
- Hygiene Trends Redefine Coffee Shop Business
- Contact-less Machines and Robots Address the Shifting Consumer Mindset
- Emergence of Innovative Coffee Brewing Methods
- Coffee Experience to be Redefine Designs
- Changing Consumption and Spending Patterns
- Coffee shops to Remain Workplaces for Digital Nomads
- Going forwards Working Customers to Drive More Traffic to Coffee Shops
- Youngsters and Millennials Alter the Growth Patterns at Coffee Shops
- Global Millennial Population Facts & Figures: Important Opportunity Indicators
- Global Millennials Population Spread by Region (in %): 2019
- Generation Z Emerge as Influential Coffee Buying Demographic
- Working Age Population by Generation: 2010, 2020, and 2030
- Coffee Tourism, Gourmet Coffee and Preference for Specialty Coffee Stay Unmuted
- Consumer Preference for Premium Products Fuels Growth in Specialty Coffee Shops Market
- New Beverage Concepts Influence Coffee Shops
- Snapchilled & Healthy Coffees
- Brands Focus on Innovations in Foam Art
- Non-Dairy Milk Alternatives Take Center Stage
- Emergence of Innovative Coffee Brewing Methods
- Coffee Shops Resort to Novel Promotional Strategies
- Impact of Rising Popularity of Tea & Efforts to Alienate from Disposable Cups
- Coffee Shops Eye Waste Reduction Strategy to Earn Customer Loyalty
- Recycling Paper Cups Remains Formidable Challenge
- Efforts to Engage in Circular Economy through Waste Reduction
- Encouraging Use of Reusable Cups
- Using Spent Coffee Grounds
- Targeting Energy Savings
FOCUS ON SELECT PLAYERS (Total 269 Featured)
- Costa Coffee
- Cafe Coffee Day
- Caffe Nero
- CaffeRitazza
- Caribou Coffee Company
- Coffee Beanery
- Coffee Republic
- Dutch Bros Coffee
- Gloria Jean`s Coffees International Pty .Ltd.
- McCafe
- Peet`s Coffee
- Second Cup Coffee Co.
- Starbucks Corporation
- Tim Hortons, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/5yq7rm
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