NEW YORK, Nov. 9, 2022 /PRNewswire/ -- The specialty coffee shops market size is expected to grow by USD 68.59 billion. In addition, the growth momentum of the market will accelerate at a CAGR of 13.02% during the forecast period, according to Technavio. This growth will be driven by factors such as the increasing consumption of coffee. In addition, the growing demand for premium and specialty coffee is anticipated to boost the growth of the specialty coffee shops market. Make confident decisions using our insights and analysis. Download FREE Sample Report
Major Specialty Coffee Shops Companies and their Offerings
- 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 Beanery - The company offers specialty coffee shops for flavored coffee.
- Coffee Day Enterprises Ltd. - The company offers specialty coffee shops such as e-shops, local retailers, and mobile shops.
- Doutor Coffee Co. Ltd. - The company offers specialty coffee shops to serve freshly ground and freshly brewed coffee using fresh roasted beans.
- Caribou Coffee Operating Co. Inc.
- Costa Ltd.
- Ediya Co. Ltd.
- Gloria Jeans Coffees International Pty Ltd.
- Grupo Herdez SAB de CV
- Inspire Brands Inc.
- Keurig Green Mountain Inc.
- La Colombe Torrefaction Inc.
- Luckin Coffee Inc.
- McDonald Corp.
- MTY Food Group Inc
- Restaurant Brands International Inc.
- Barista Coffee Co. Ltd.
- BLUE BOTTLE COFFEE Inc.
- Starbucks Co.
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Specialty Coffee Shops Market Type Outlook (Revenue, USD billion, 2022-2027)
- Independent coffee shops - size and forecast 2022-2027
- Chain coffee shops - size and forecast 2022-2027
Specialty Coffee Shops Market Distribution Channel Outlook (Revenue, USD billion, 2022-2027)
- Offline - size and forecast 2022-2027
- Online - size and forecast 2022-2027
Specialty Coffee Shops Market Geography Outlook (Revenue, USD billion, 2022-2027)
- North America - size and forecast 2022-2027
- Europe - size and forecast 2022-2027
- APAC - size and forecast 2022-2027
- South America - size and forecast 2022-2027
- Middle East and Africa - size and forecast 2022-2027
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Revenue-generating Type Segments
The independent coffee shops segment will be a significant contributor to market growth during the forecast period. The rising popularity of gourmet coffee shops among the urban population is encouraging vendors to expand their businesses. The growth momentum of the independent coffee shops segment is expected to accelerate during the forecast period.
Market Drivers
The increasing consumption of coffee is driving the specialty coffee shops market growth. The rising demand for coffee has increased growth opportunities for vendors. The vendors are focusing on the introduction of new flavors, product diversification, and brand extensions. Every year, an average consumer in the US consumes an estimated 363 cups of coffee, while an average consumer in the UK consumes approximately 250 cups. The consumption of coffee in developing countries such as India, China, and Brazil has also increased significantly. Hence, the increasing consumption of coffee across the world is expected to fuel the demand for specialty coffee shops during the forecast period.
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Specialty Coffee Shops Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 13.02% |
Market growth 2022-2026 |
USD 68.59 billion |
Market structure |
Fragmented |
YoY growth (%) |
12.33 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 42% |
Key consumer countries |
US, Canada, China, UK, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Key companies profiled |
Barista Coffee Co. Ltd., Global Orange Development LLC, BLUE BOTTLE COFFEE Inc., Brew Berrys Hospitality Pvt Ltd., Caffe Nero Group Ltd., Coffee Day Enterprises Ltd., Costa Ltd., Doutor Coffee Co. Ltd., Dutch Mafia LLC, Ediya Co. Ltd., Gloria Jeans Coffees International Pty Ltd., Grupo Herdez SAB de CV, Inspire Brands Inc., JAB Holding Co. Sarl, McDonald Corp., MTY Food Group Inc., Redroaster Coffee Co., Starbucks Coffee Co., International Coffee & Tea LLC, and Restaurant Brands International 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. |
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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 Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Independent coffee shops - Market size and forecast 2021-2026
- Exhibit 28: Chart on Independent coffee shops - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Independent coffee shops - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Independent coffee shops - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Independent coffee shops - Year-over-year growth 2021-2026 (%)
- 5.4 Chain coffee shops - Market size and forecast 2021-2026
- Exhibit 32: Chart on Chain coffee shops - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Chain coffee shops - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Chain coffee shops - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Chain coffee shops - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Type
- Exhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 UK - Market size and forecast 2021-2026
- Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.10 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.11 Canada - Market size and forecast 2021-2026
- Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.12 Germany - Market size and forecast 2021-2026
- Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Barista Coffee Co. Ltd.
- Exhibit 89: Barista Coffee Co. Ltd. - Overview
- Exhibit 90: Barista Coffee Co. Ltd. - Product / Service
- Exhibit 91: Barista Coffee Co. Ltd. - Key offerings
- 10.4 Brew Berrys Hospitality Pvt Ltd.
- Exhibit 92: Brew Berrys Hospitality Pvt Ltd. - Overview
- Exhibit 93: Brew Berrys Hospitality Pvt Ltd. - Product / Service
- Exhibit 94: Brew Berrys Hospitality Pvt Ltd. - Key offerings
- 10.5 Caffe Nero Group Ltd.
- Exhibit 95: Caffe Nero Group Ltd. - Overview
- Exhibit 96: Caffe Nero Group Ltd. - Product / Service
- Exhibit 97: Caffe Nero Group Ltd. - Key offerings
- 10.6 Coffee Day Enterprises Ltd.
- Exhibit 98: Coffee Day Enterprises Ltd. - Overview
- Exhibit 99: Coffee Day Enterprises Ltd. - Business segments
- Exhibit 100: Coffee Day Enterprises Ltd. - Key offerings
- Exhibit 101: Coffee Day Enterprises Ltd. - Segment focus
- 10.7 Costa Ltd.
- Exhibit 102: Costa Ltd. - Overview
- Exhibit 103: Costa Ltd. - Product / Service
- Exhibit 104: Costa Ltd. - Key offerings
- 10.8 Inspire Brands Inc.
- Exhibit 105: Inspire Brands Inc. - Overview
- Exhibit 106: Inspire Brands Inc. - Product / Service
- Exhibit 107: Inspire Brands Inc. - Key offerings
- 10.9 McDonald Corp.
- Exhibit 108: McDonald Corp. - Overview
- Exhibit 109: McDonald Corp. - Product / Service
- Exhibit 110: McDonald Corp. - Key news
- Exhibit 111: McDonald Corp. - Key offerings
- 10.10 MTY Food Group Inc.
- Exhibit 112: MTY Food Group Inc. - Overview
- Exhibit 113: MTY Food Group Inc. - Business segments
- Exhibit 114: MTY Food Group Inc. - Key offerings
- Exhibit 115: MTY Food Group Inc. - Segment focus
- 10.11 Restaurant Brands International Inc.
- Exhibit 116: Restaurant Brands International Inc. - Overview
- Exhibit 117: Restaurant Brands International Inc. - Business segments
- Exhibit 118: Restaurant Brands International Inc. - Key news
- Exhibit 119: Restaurant Brands International Inc. - Key offerings
- Exhibit 120: Restaurant Brands International Inc. - Segment focus
- 10.12 Starbucks Coffee Co.
- Exhibit 121: Starbucks Coffee Co. - Overview
- Exhibit 122: Starbucks Coffee Co. - Business segments
- Exhibit 123: Starbucks Coffee Co. - Key news
- Exhibit 124: Starbucks Coffee Co. - Key offerings
- Exhibit 125: Starbucks Coffee Co. - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 126: Inclusions checklist
- Exhibit 127: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 128: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 129: Research methodology
- Exhibit 130: Validation techniques employed for market sizing
- Exhibit 131: Information sources
- 11.5 List of abbreviations
- Exhibit 132: List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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