Latte powder market to grow by USD 1,172.57 million from 2022 to 2027: Increasing consumption of coffee drives growth - Technavio

NEW YORK, Aug. 16, 2023 /PRNewswire/ -- The global latte powder market size is estimated to increase by USD 1,172.57 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 6.1% during the forecast period. Discover some insights on market size historic period (2017 to 2021) and forecast market data (2023 to 2027) before buying the full report -Request a sample report

Latte powder market – Company Analysis
Company Landscape - The global latte powder market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer latte powder in the market are Caffe Nero Group Ltd, Coconut Cloud CO, David Rio, ITO EN Ltd., jacobs DOUWE EGBERTS B.V., Joya Inc., Kerry Group Plc, Lakanto, Navitas LLC, Neel Beverages Pvt. Ltd., Nestle SA, Pukka Herbs Ltd., Puro Gusto Ltd., Starbucks Corp., Sweet Revolution Ltd., Tavalon, Tea Forte, TSUJIRI, and Yen Chuan International Co. Ltd. and others.

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• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Company Offerings -

• Caffe Nero Group Ltd - The company offers latte powder such as Frappe Latte.
• Coconut Cloud CO - The company offers latte powder such as Chai tea latte mix.
• Starbucks Corp. - The company offers latte powder such as Starbucks Caffe mocha, Starbucks caramel latte, and Starbucks cappuccino.
• For details on the company and its offerings – Request a sample report

Latte Powder Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on Distribution Channel (Offline and Online), Packaging (Sachets, Glass bottles, and Retail packaging), and Geography (Europe, North America, APAC, South America, and Middle East and Africa). 

• The offline segment will be significant during the forecast period. In this segment, supermarkets and grocery stores are commonly utilized offline distribution channels for latte powder. They offer a diverse range of food and beverage products, including various brands and flavors of latte powder. Furthermore, specialty food stores also play a significant role in the offline distribution of latte powder. Hence, such factors boost the growth of the offline segment of the latte powder market during the forecast period.

Geography Overview
By geography, the global latte powder market is segmented into Europe, North America, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global latte powder market.

• Europe will contribute 43% to the growth of the global market during the forecast period. The region's latte powder market has witnessed substantial growth in recent years due to the convenience it offers the rising coffee consumption, and the increasing popularity of specialty coffee beverages. Furthermore, latte powder provides a convenient alternative for preparing lattes quickly and easily, both at home and in cafes, eliminating the need for expensive espresso machines. Also, they come in diverse flavors, including vanilla, caramel, chocolate, and matcha, to cater to the diverse tastes of European consumers. Hence, such factors drive the growth of the latte powder market in Europe during the forecast period.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

Latte Powder Market – Market Dynamics

Leading Drivers - 

• Increasing consumption of coffee worldwide drives market growth.
• Currently, coffee has gained immense popularity worldwide, and its consumption continues to increase steadily.
• Approximately 2.25 billion cups of coffee are consumed globally each day. Also, one-third of the world's population is coffee consumers, which makes coffee the second most traded commodity worldwide.
• Hence, such factors drive the growth of the latte powder during the forecast period.

Key Trends - 

• The growing demand for artisanal and craft latte powders is an emerging latte powder market trend.
• This trend is targeting consumers seeking a more specialized and elevated coffee experience.
• Such latte powders distinguish themselves from mass-produced options by offering unique flavors, premium ingredients, and a focus on quality craftsmanship.
• They stand out by carefully sourcing ingredients and employing traditional production methods.
• Hence, such trends fuel the growth of the latte powders market during the forecast period.

Major challenges - 

• Possible health implications of caffeine challenge the latte powders market growth.
• The negative health concerns associated with caffeine consumption may affect the growth of the market. Excessive intake of caffeine can lead to increased anxiety and disrupt sleep patterns. This may result in insomnia and raise blood sugar levels, making it difficult for individuals with type-2 diabetes to manage insulin levels effectively.
• Also, caffeine consumption can cause dehydration, hindering nutrient absorption and waste elimination by dehydrated cells.
• Hence, such potential health implications hinder the growth of the latte powder market during the forecast period.

Drivers, Trends, and Challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Latte Powder Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the latte powder market between 2023 and 2027
• Precise estimation of the size of the latte powder market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the latte powder market across Europe, North America, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of latte powder market vendors

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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 Distribution Channel
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Packaging
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global latte powder market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global latte powder market 2017 - 2021 ($ million)

• 4.2 Distribution channel Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)

• 4.3 Packaging Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Packaging Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

• 6.1 Market segments
• Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 6.2 Comparison by Distribution Channel 
• Exhibit 32: Chart on Comparison by Distribution Channel
• Exhibit 33: Data Table on Comparison by Distribution Channel

• 6.3 Offline - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 6.4 Online - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Distribution Channel 
• Exhibit 42: Market opportunity by Distribution Channel ($ million)
• Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by Packaging

• 7.1 Market segments
• Exhibit 44: Chart on Packaging - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Packaging - Market share 2022-2027 (%)

• 7.2 Comparison by Packaging 
• Exhibit 46: Chart on Comparison by Packaging
• Exhibit 47: Data Table on Comparison by Packaging

• 7.3 Sachets - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Sachets - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Sachets - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Sachets - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Sachets - Year-over-year growth 2022-2027 (%)

• 7.4 Glass bottles - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Glass bottles - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Glass bottles - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Glass bottles - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Glass bottles - Year-over-year growth 2022-2027 (%)

• 7.5 Retail packaging - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Retail packaging - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Retail packaging - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Retail packaging - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Retail packaging - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Packaging 
• Exhibit 60: Market opportunity by Packaging ($ million)
• Exhibit 61: Data Table on Market opportunity by Packaging ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027 
• Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027 
• Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Italy - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Italy - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Italy - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027 
• Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027 
• Exhibit 103: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ million)
• Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 Caffe Nero Group Ltd
• Exhibit 115: Caffe Nero Group Ltd - Overview
• Exhibit 116: Caffe Nero Group Ltd - Product / Service
• Exhibit 117: Caffe Nero Group Ltd - Key offerings

• 12.4 Coconut Cloud CO
• Exhibit 118: Coconut Cloud CO - Overview
• Exhibit 119: Coconut Cloud CO - Product / Service
• Exhibit 120: Coconut Cloud CO - Key offerings

• 12.5 David Rio
• Exhibit 121: David Rio - Overview
• Exhibit 122: David Rio - Product / Service
• Exhibit 123: David Rio - Key offerings

• 12.6 ITO EN Ltd.
• Exhibit 124: ITO EN Ltd. - Overview
• Exhibit 125: ITO EN Ltd. - Business segments
• Exhibit 126: ITO EN Ltd. - Key offerings
• Exhibit 127: ITO EN Ltd. - Segment focus

• 12.7 jacobs DOUWE EGBERTS B.V. 
• Exhibit 128: jacobs DOUWE EGBERTS B.V. - Overview
• Exhibit 129: jacobs DOUWE EGBERTS B.V. - Product / Service
• Exhibit 130: jacobs DOUWE EGBERTS B.V. - Key offerings

• 12.8 Kerry Group Plc
• Exhibit 131: Kerry Group Plc - Overview
• Exhibit 132: Kerry Group Plc - Business segments
• Exhibit 133: Kerry Group Plc - Key offerings
• Exhibit 134: Kerry Group Plc - Segment focus

• 12.9 Lakanto
• Exhibit 135: Lakanto - Overview
• Exhibit 136: Lakanto - Product / Service
• Exhibit 137: Lakanto - Key offerings

• 12.10 Navitas LLC
• Exhibit 138: Navitas LLC - Overview
• Exhibit 139: Navitas LLC - Product / Service
• Exhibit 140: Navitas LLC - Key offerings

• 12.11 Nestle SA
• Exhibit 141: Nestle SA - Overview
• Exhibit 142: Nestle SA - Business segments
• Exhibit 143: Nestle SA - Key news
• Exhibit 144: Nestle SA - Key offerings
• Exhibit 145: Nestle SA - Segment focus

• 12.12 Pukka Herbs Ltd.
• Exhibit 146: Pukka Herbs Ltd. - Overview
• Exhibit 147: Pukka Herbs Ltd. - Product / Service
• Exhibit 148: Pukka Herbs Ltd. - Key offerings

• 12.13 Puro Gusto Ltd.
• Exhibit 149: Puro Gusto Ltd. - Overview
• Exhibit 150: Puro Gusto Ltd. - Product / Service
• Exhibit 151: Puro Gusto Ltd. - Key offerings

• 12.14 Starbucks Corp.
• Exhibit 152: Starbucks Corp. - Overview
• Exhibit 153: Starbucks Corp. - Business segments
• Exhibit 154: Starbucks Corp. - Key news
• Exhibit 155: Starbucks Corp. - Key offerings
• Exhibit 156: Starbucks Corp. - Segment focus

• 12.15 Sweet Revolution Ltd. 
• Exhibit 157: Sweet Revolution Ltd. - Overview
• Exhibit 158: Sweet Revolution Ltd. - Product / Service
• Exhibit 159: Sweet Revolution Ltd. - Key offerings

• 12.16 Tea Forte
• Exhibit 160: Tea Forte - Overview
• Exhibit 161: Tea Forte - Product / Service
• Exhibit 162: Tea Forte - Key offerings

• 12.17 Yen Chuan International Co. Ltd. 
• Exhibit 163: Yen Chuan International Co. Ltd. - Overview
• Exhibit 164: Yen Chuan International Co. Ltd. - Product / Service
• Exhibit 165: Yen Chuan International Co. Ltd. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 166: Inclusions checklist
• Exhibit 167: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 168: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 169: Research methodology
• Exhibit 170: Validation techniques employed for market sizing
• Exhibit 171: Information sources

• 13.5 List of abbreviations 
• Exhibit 172: List of abbreviations

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