September 8, 2024

Europe Specialty Coffee Industry Is Set to Expand At A CAGR Of 13% And Gain A Worth Of USD 42,986.81 Million By 2028

Europe Specialty Coffee Market

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. the analysis period 2023-2030

Coffee that achieves an evaluation of 80 points or higher on a scale of 100 points from a Certified Coffee Tester (SCAA) or a Certified Q Grader is referred to as specialty coffee (CQI). Since specialty coffees are grown at the ideal height, at the optimal time of year, in the best soil, and are then selected at the ideal time, they are coffee at their best and distinct from other types of coffee. One of the most intriguing and tasty coffees in the world resulted from all of this. Just a few years after the first Starbucks store opened, the phrase “specialty coffee” was first used in the 1970s in the Coffee and Tea Trade Journal.

Some Key Players Mentioned In Europe Specialty Coffee Market:

Caribou Coffee Company,Carte Noire,Dallmayr Prodomo Ground Coffee,Blue Bottle,Leroux,Bulletproof,Costa Coffee,Jacques Vabre,Eight O’Clock Coffee,Don Francisco’s Coffee,Caffè Nero Group Ltd., JAB Holding Company,Luigi Lavazza S.p.A.,Strauss Group Ltd. and Other Major Players.

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Introspective marketing research published an in-depth report on Europe Specialty Coffee market for the clients that desires to explore new market avenues, get in-depth insights on the market products, expand their gain, and review the strategies implemented by apparently players inside the market. This report is written using primary and secondary analysis techniques and is meant for association with correct and correct data. This marketing research report helps the clients by providing data and knowledge on their business strategy with which they will stay before the competition in today’s rapidly changing business environment.

Market segmentation

By Grade        

  • 80-84.99
  • 85-89.99
  • 90-100

By Application          

  • Home
  • Commercial

Regions and Countries Level Analysis:

  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

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This study conducts a SWOT analysis to calculate the strengths and weaknesses of key players in the Europe Specialty Coffee Market. Additionally, the report performs a complex investigation of drivers and disadvantage operating in the market. The report also calculates the seen trends in the parent market along with macroeconomic indicators, dominant factors and market attractiveness in relation to other division. The report forecasts the impact of various industry aspects on the Europe Specialty Coffee Market segments and regions.

Covid-19 Impact Analysis on Europe Specialty Coffee Market

The COVID-19 pandemic has significantly impacted restaurants, coffee shops, and other out-of-home businesses. For instance, during March and April 2020, coffee consumption in restaurants and coffee shops declined by about 76% in Germany, whilst during the same period, it is thought that 92% of coffee shops in the United Kingdom had to temporarily close. In recent years, the specialty segment’s growth has primarily been led by these venues.

The Study Objectives Of This Report Are:

  1. To study and forecast the market size of Europe Specialty Coffee for Covid-19 in global market.
  2. To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  3. To define, describe and forecast the market by type, end use and region.
  4. To analyze and compare the market status and forecast among global major regions.
  5. To analyze the global key players, SWOT analysis, value and global market share for top players.
  6. To identify significant trends and factors driving or inhibiting the market growth.

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