Coffee Shops Global Market to 2030: Coffee Shops Resort to Novel Promotional Strategies

DUBLIN, Oct. 26, 2023 /PRNewswire/ -- The "Coffee Shops - Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

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. Growth in the Other Products segment is estimated at 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.

Select Competitors (Total 269 Featured) -

• Barista Coffee Company Limited
• Dutch Bros. Coffee
• Cafe Coffee Day
• Caffe Nero Group Ltd.
• Coffee Beanery
• Caribou Coffee Company
• Gloria Jean`s Coffees International Pty Ltd.
• Peet`s Coffee & Tea
• Starbucks Corporation
• Tim Hortons, Inc.

What`s New?

• Special discussions on the global economic climate and market sentiment
• Coverage on global competitiveness and key competitor percentage market shares
• Market presence analysis 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
• Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• 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)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Coffee Shops Shift to Drive-thru & Contactless Pick-up Options to Re-Energize Business and Stay Viable during COVID-19
• 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

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/w4dgts

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected] 
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets