Specialty Coffee Market Size, Share & Trends Analysis Report By Grades (Coffee with 80-84.99 Points, Coffee with 85-89.99 Points, Coffee with 90-100 Points), By Product (Instant Coffee, Ground Coffee, Whole Beans, Single-Cup, Blends, Other Products), By Application (Home Use, Commercial Use), By Distribution Channel (Food Service, Specialty Stores, Supermarkets and Hypermarkets, Online Stores, Retail and Grocery Stores), Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023 - 2031

Region: Global | Format: Word, PPT, Excel | Report Status: Published

Market Overview:

The Specialty Coffee Market size was USD 60.32 billion in 2022. Covid-19's impacts have been unprecedented and staggering on a global scale, with the pandemic leading to negative demand shocks for the Specialty coffee market across all domains and regions. Between 2023 and 2031, the market is projected to grow at a CAGR of 11.4% from USD 54.24 billion in 2021 to USD 161.6 billion in 2031. The sudden rise in CAGR is attributed to this market growth returning to the pre-pandemic level once the pandemic is over.

The coffee industry known as the specialty coffee market is dedicated to marketing high-quality, premium coffee beans that have been meticulously sourced, brewed to highlight their distinctive flavor profiles. Arabica beans, which are grown in particular areas and at higher altitudes than the more popular Robusta beans, are often used to make specialty coffee. The specialty coffee industry places a strong focus on traceability, sustainability, and fair-trade principles, as well as on connections between coffee farmers and roasters.

In recent years, customers have grown more and more interested in specialty coffee as they look for distinctive and excellent coffee experiences. The specialty coffee market has expanded as a result, and now includes coffee growers, roasters, importers, exporters, distributors, retailers, and end users. The third-wave coffee movement, which stresses the artisanal and culinary components of coffee with an emphasis on quality, traceability, sustainability, and ethical sourcing, is frequently connected to the market.

The specialty coffee industry also stands out for its emphasis on ethical behavior and sustainability. Many specialty coffee businesses collaborate closely with coffee farmers to ensure fair prices and advance environmentally friendly farming methods. This includes promoting coffee that is produced under cover, as it helps to protect the natural habitat of several bird and other wildlife species.

Market Drivers:

Increase of specialized coffee shops are the major factors driving the market growth:

The growth of specialized coffee shops is a significant driver of the specialty coffee market. These shops offer a variety of specialty coffee drinks, often made with high-quality beans that are carefully sourced and roasted to bring out their unique flavors. They also provide a unique and personalized coffee experience, with baristas who are trained to prepare and serve coffee in a way that highlights its flavor and aroma. As more and more specialized coffee shops open, they help to create a broader market for specialty coffee and increase awareness of the unique qualities of high-quality coffee.

Growing demand for specialty coffee are the also factors driving the market growth:

The increasing demand for specialty coffee is another important driver of the specialty coffee market. This is driven by consumers who are seeking out unique and high-quality coffee experiences, and are willing to pay a premium price for coffee that is carefully sourced, roasted, and brewed. This demand is fueled by a growing interest in artisanal and culinary experiences, as well as a desire for transparency and sustainability in the coffee supply chain. As the demand for specialty coffee continues to grow, it is driving innovation in the coffee industry and leading to the development of new and unique coffee varieties, processing methods, and brewing techniques.

Europe is anticipated to have considerable expansion in the worldwide specialty coffee market during the projected period because of the region's growing specialty coffee shop population, access to raw materials, higher specialty coffee consumption, and demand. For instance, more than 1,500 roasters serve the Italian market, according to Journal of Niche Market of Coffee. Many of them buy green coffee blends that are ready to roast from specialized importers, notably those in the strong espresso market.

Market Trends:

The latest trends in the specialty coffee market are the rise of single-origin roasts:

The popularity of single-origin roasts is one of the most recent developments in the specialty coffee industry. Coffee that originates from a single geographic place, such as a specific farm or region, is referred to as single-origin coffee. Because they provide a distinctive flavor profile that is particular to the origin of the beans, single-origin roasts are becoming more and more well-liked. This enables coffee lovers to discover the subtleties of the coffee they are drinking as well as the distinctive qualities of various coffee-growing locations.

Coffee roasters that specialize in single-origin beans place a strong emphasis on openness and traceability by disclosing details on the precise region where the beans were cultivated, the different bean varieties, the techniques used in processing them, and the roasting profile. Customers are able to make more informed decisions about the coffee they buy and enjoy by using this information to understand more about the coffee's origin.

Market Restraining Factors:

The fluctuating costs of coffee beans can be a significant restraint on the specialty coffee market:

Weather, worldwide supply and demand, and geopolitical events are just a few of the many variables that affect coffee pricing. Because of this, coffee prices can be extremely unstable and subject to large short-term fluctuations. The profitability of coffee farmers may be significantly impacted by these changes, which may also make it challenging for them to plan and undertake long-term investments. Additionally, specialty coffee businesses may find it challenging to maintain their margins when coffee bean prices rise without passing along the higher costs to customers, which could lead to a decline in demand.

For coffee growers in developing nations, who frequently lack the wherewithal to weather variations in the world coffee market, the shifting costs of coffee beans can pose additional difficulties. This may cause financial volatility and make it challenging for farmers to make improvements to their operations or use sustainable agricultural methods.

Scope of Specialty Coffee Market Report:

A recent market research report added to repository of Intellectual Market Insights Research is an in-depth analysis of Global Specialty Coffee Market. On the basis of historic growth analysis and current scenario of Specialty Coffee market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Specialty Coffee market. This further helps users with their developmental strategy.

This report examines all the key factors influencing growth of global Specialty Coffee market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Specialty Coffee market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, pricing strategies, innovation possibilities and much more.

The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

Key Players Strategies in the Market:

The global market is highly fragmented, with large food and beverage service companies and small players competing against each other to expand their market share. Some of the major foodservice coffee players include Starbucks Corporation, the J.M. Smucker Company, Costa Limited, The Coffee Bean & Tea Leaf, and Peet's Coffee, Inc.

Hence, major players in the market are regularly updating their food offerings and increasing their global presence in the market. Although with premium quality food products, they are also working on providing a delightful experience to their customers. Companies are continuously improving their current technology and launching innovative food items in the online channel market. This includes launching various coffee, such as cold brew and iced coffee, that provides a unique taste experience to the consumers. They are also launching new products specially targeted toward customers.

Specialty Coffee Market Players Analysis:

The following is a list of companies that have been profiled in the Specialty coffee market report:

  • Dunkin’ Brands Group
  • Starbucks
  • Coffee Beane Peet’s Coffee
  • Whitbread
  • Barista
  • Restaurant Brands International
  • Tea and Global Baristas US
  • McDonald’s
  • Caribou Coffee
  • Caffe Nero
  • Keurig Green Mountain
  • Coffee Day Enterprises
  • Eight O’Clock Coffee
  • Blue Bottle
  • M. Smucker
  • Jammin Java Group
  • Don Fransisco’s Coffee
  • Costa
  • Bulletproof
  • Strauss
  • Stumptown
  • Gevelia
  • others.
Specialty Coffee Market Players & Competitor Analysis:

The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2021-2028 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Specialty Coffee Market Segmentation Analysis:

By Grade Type

Coffee with 80-84.99 points: This grade of coffee is considered to be "specialty coffee" and is typically of higher quality than mass-market coffee. It is often made from Arabica beans and has a consistent flavor profile with little to no defects. Coffee in this grade range is suitable for a variety of brewing methods and is often found in specialty coffee shops and roasters.

Coffee with 85-89.99 points: This grade of coffee is considered to be "specialty grade" and is of even higher quality than coffee in the 80-84.99-point range. It is often made from carefully selected and processed Arabica beans and has a distinctive flavor profile with a high level of complexity and character.  The 85-89.99 grade segment had a 39.12% market share and revenue as of 2021. Additionally, the coffee can be divided into Robusta, Brazilian, or mild varieties, and Coffea Canephora is the specialty coffee used by the majority of institutional roasters. Coffee in this grade range is often used for single-origin roasts and is frequently found in specialty coffee shops and roasters.

Coffee with 90-100 points: This grade of coffee is considered to be "exceptional specialty grade" and represents the highest quality coffee available. It is made from the highest quality Arabica beans and has a complex flavor profile with a high level of sweetness, acidity, and body. Coffee in this grade range is often used for competition-level roasts and is highly sought after by coffee enthusiasts and professionals. It is often found in specialty coffee shops and roasters that specialize in rare and unique coffee varieties.

By Product

Instant Coffee: Instant coffee is made by drying and grinding roasted coffee beans into a fine powder, which can be rehydrated with hot water. Instant coffee is a convenient and easy-to-use product that is popular among consumers who value convenience and speed.

Ground Coffee: Ground coffee is made by grinding roasted coffee beans into a consistent texture suitable for brewing. Ground coffee is available in different levels of coarseness, depending on the brewing method, and is popular among consumers who enjoy making coffee at home.

Whole Beans: Whole beans are unground roasted coffee beans and are popular among coffee enthusiasts who enjoy grinding their coffee fresh before brewing. Whole beans are available in a variety of roast levels and varieties, and are often used for making single-origin and specialty blends.

Single-Cup: Single-cup coffee products are designed to make a single serving of coffee at a time, using pre-packaged coffee pods or capsules. Single-cup products are convenient and easy to use, and are popular among consumers who want quick and easy coffee experience.

Blends: Coffee blends are made by mixing different varieties of coffee beans to create a unique flavor profile. Blends can be made from different roast levels, varieties, and origins, and are often used by roasters to create signature blends and to balance the flavors of different beans.

Other Products: The specialty coffee market also offers a variety of other products, including cold brew coffee, espresso, flavored coffee, and coffee accessories such as mugs, grinders, and brewing equipment.

By Application

Home Use: Specialty coffee products are popular among consumers who enjoy making coffee at home. Home use products include ground coffee, whole beans, single-cup coffee pods, and instant coffee. Home coffee brewing equipment such as drip coffee makers, French presses, and pour-over devices are also popular among consumers who want to brew coffee at home. Many consumers choose specialty coffee products for home use because they value the higher quality and unique flavor profiles offered by specialty coffee.

Commercial Use: The specialty coffee market also serves commercial customers, including cafes, restaurants, hotels, and other foodservice establishments. Commercial use products include bulk ground coffee, whole beans, single-cup coffee pods, and coffee brewing equipment such as commercial espresso machines and drip coffee makers. Many commercial customers choose specialty coffee products because they want to offer high-quality, unique coffee experiences to their customers, and differentiate themselves from competitors.

By Distribution Channel

Food Service: The food service segment includes cafes, restaurants, hotels, and other food establishments that serve specialty coffee to their customers. Many food service businesses choose to work with specialty coffee suppliers to source high-quality beans and equipment, and to receive training and support in coffee preparation and service.

Specialty Stores: Specialty stores are retail establishments that specialize in selling coffee products and equipment. These stores often offer a wide variety of specialty coffee products, including whole beans, ground coffee, single-cup pods, and brewing equipment. Specialty stores may also offer coffee tastings, brewing demonstrations, and other educational opportunities to help customers learn more about specialty coffee.

Supermarkets and Hypermarkets: Supermarkets and hypermarkets are large retail stores that offer a wide variety of food and household products, including specialty coffee. These stores often carry a selection of specialty coffee products, including whole beans, ground coffee, and single-cup pods. Some supermarkets also have in-store cafes that serve specialty coffee.

Online Stores: Online stores are a popular distribution channel for specialty coffee products, offering consumers the convenience of shopping from home and access to a wide variety of products from around the world. Many specialty coffee roasters and retailers have online stores that offer whole beans, ground coffee, single-cup pods, and brewing equipment, as well as educational resources and subscription services.

Retail and Grocery Stores: Retail and grocery stores are another common distribution channel for specialty coffee products. These stores often carry a selection of specialty coffee products, including whole beans, ground coffee, and single-cup pods, as well as brewing equipment. Some grocery stores also have in-store cafes that serve specialty coffee.

Regional Snapshots:

Here are some regional snapshots of the specialty coffee Market:

North America: North America is a mature and well-established market for specialty coffee, with a large number of specialty coffee shops, roasters, and retailers. The United States is the largest market for specialty coffee in North America, with a growing number of consumers who value high-quality, unique coffee experiences.

Europe: Europe is also a mature market for specialty coffee, with a strong tradition of coffee culture and a growing demand for high-quality, sustainable coffee products. The United Kingdom, Germany, and Scandinavia are among the largest markets for specialty coffee in Europe.

Asia Pacific: The specialty coffee market in Asia Pacific is rapidly growing, driven by increasing consumer awareness and interest in specialty coffee. China, Japan, and South Korea are among the largest markets for specialty coffee in Asia Pacific.

Latin America: Latin America is the birthplace of coffee, and the region remains an important producer and exporter of coffee beans. While the specialty coffee market in Latin America is still developing, there is a growing interest in high-quality, sustainable coffee products among consumers in countries such as Brazil, Colombia, and Mexico.

Middle East and Africa: The specialty coffee market in the Middle East and Africa is relatively small but growing, driven by increasing consumer interest in high-quality, specialty coffee products. Countries such as Ethiopia and Kenya are well-known for producing high-quality coffee beans, and there is growing interest in specialty coffee products in countries such as Saudi Arabia and the United Arab Emirates.

Global Specialty Coffee Market Regional Analysis:

North America accounted for the highest xx% market share in terms of revenue in the Specialty Coffee market and is expected to expand at a CAGR of xx% during the forecast period. This growth can be attributed to the growing adoption of Specialty Coffee. The market in APAC is expected to witness significant growth and is expected to register a CAGR of xx% over upcoming years, because of the presence of key Specialty Coffee companies in economies such as Japan and China.

The objective of the report is to present comprehensive analysis of Global Specialty Coffee Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

Specialty Coffee Market Report is also available for below Regions and Country Please Ask for that

North America

  • U.S.
  • Canada

Europe

  • Switzerland
  • Belgium
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherland
  • Turkey
  • Rest of Europe

Asia-Pacific

  • India
  • Australia
  • Philippines
  • Singapore
  • South Korea
  • Japan
  • China
  • Malaysia
  • Thailand
  • Indonesia
  • Rest Of APAC

Latin America

  • Mexico
  • Argentina
  • Peru
  • Colombia
  • Brazil
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest Of MEA
Key Industry Developments:
  • January 2022: Starbucks expanded its presence in six new regions in India as a part of its most significant expansion strategy. The company opened new stores in Siliguri, Nashik, Guwahati, Thiruvananthapuram, Goa, and Bhubaneswar.
  • July 2021: Starbucks Corporation and Nestle S.A. will bring a ready-to-drink coffee beverage to Southeast Asia and Latin America. With this expansion plan into RTD coffee, the company continued building on its global coffee presence. It benefited from new growth opportunities in a rapidly developing segment and attracting new and younger consumers.
  • November 2021: Restaurant Brands International Inc. announced its acquisition of Firehouse Restaurant Group Inc. The entire deal was expected to cost around USD 1 billion to the company.

Report Coverage:

The report will cover the qualitative and quantitative data on the specialty coffee Market. The qualitative data includes latest trends, market player’s analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.

Report Scope and Segmentations:

Study Period

2023-31

Base Year

2022

Estimated Forecast Year

2023-31

Growth Rate

CAGR of 11.4 % from 2023 to 2031.

Segmentation

By Grade Type, By Product, By Application, By Distribution Channel, By Region

Unit

USD Million

By Grade Type

  • Coffee with 80-84.99 Points
  • Coffee with 85-89.99 Points
  • Coffee with 90-100 Points

By Product

  • Instant Coffee
  • Ground Coffee
  • Whole Beans
  • Single-Cup
  • Blends
  • Other Products

By Application

Home Use

Commercial Use

By Distribution Channel

  • Food Service
  • Specialty Stores
  • Supermarkets and Hypermarkets
  • Online Stores
  • Retail and Grocery Stores

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, UK, Italy, Spain, Russia, Rest of Europe)
  • Asia-Pacific (China, India, Japan, ASEAN, Rest of Asia-Pacific)
  • Latin America
  • Middle East and Africa
Points Covered in the Report:

The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.

The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 12 years data history and forecast.

The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.

Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.

The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase:

To gain insightful analyses of the Specialty Coffee market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the Specialty Coffee market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the Specialty Coffee market. Besides the standard structure reports, we also provide custom research according to specific requirements.

Research Scope of Specialty Coffee Market:
  • Historic year: 2018- 2021
  • Base year: 2022
  • Forecast: 2023 to 2031
  • Representation of Market revenue in USD Million
Specialty Coffee Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends:

Frequently Asked Questions

  • PUBLISHED ON : June, 2022
  • BASE YEAR : 2022
  • STUDY PERIOD : 2020-2032
  • COMPANIES COVERED : 20
  • COUNTRIES COVERED : 25
  • NO OF PAGES : 183

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