The demand for coffee … Coffee is one of the most traded agricultural commodities in the world: in 2017 alone, 70 per cent of total coffee production was exported, worth USD 19 billion.1,2 That same year, the sector had a retail market … Coffee statistics show that among coffee drinkers the average consumption in the United States is 3.1 cups of coffee per day. Representing the developed world, the United States will maintain a 4.2% growth momentum. Demand for coffee is expected to grow, but low farm profitability may hurt supply. Despite market reports year after year after year suggesting that the higher-end specialty coffee segment has the most opportunity for growth and increased market share in the United States, the U.S. coffee landscape is actually being increasingly overrun by large chains.. Market research and event firm Allegra’s World Coffee … The Coffee Shops market worldwide … Market Top Trends Table 19. The coffee industry is an $30-32 billion dollar a year industry. The United States and Europe represent large markets worldwide with a combined share of 69.8% supported by the well-established coffee culture in these regions. GLOBAL MARKET PERSPECTIVE Table 1: Coffee Shops Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 2: Coffee Shops Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019 Table 3: Coffee Shops Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027 Table 4: Coffee (Product) World Market by Region/Country in US$ Million: 2020 to 2027 Table 5: Coffee (Product) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019 Table 6: Coffee (Product) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027 Table 7: Other Products (Product) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027 Table 8: Other Products (Product) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019 Table 9: Other Products (Product) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027 III. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Most popular coffee shops in the USA (World Coffee Portal): Starbucks – 40%; Dunkin’ Donuts – 26%; Caribou Coffee -13%; Other – 21%; 35. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. Poised to reach over US$143.4 Billion by the year 2025, Coffee will bring in healthy gains adding significant momentum to global growth. Coffee shops today enjoy high profitability not only due to the robust coffee culture but also due to the effervescent innovation in coffee types offered. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS, For more information about this report visit https://www.researchandmarkets.com/r/wi4wzj, ResearchAndMarkets.com Coffee Shop Market. © 2020 GlobeNewswire, Inc. All Rights Reserved. It plans to expand to 20,000 stores worldwide by the end of 2014, with China slated to become its second largest market. Urbanization of leisure resulting from lifestyles centered around work and offices has created a need for leisure environment as an alternative to leisure in the streets. In 2016, specialist coffee shops were the fastest growing major restaurant category in terms of global sales, increasing 9.1% from 2014-2015 according to Euromonitor International data. EXECUTIVE SUMMARY 1. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$2.8 Billion to the region's size and clout in the next 5 to 6 years. The company has 11,000 stores in America alone, where it sells 8.2 million cups of coffee daily, as reported by The Boston Globe. What geographic areas hold a market … The retail coffee shop market in Europe grew by 6 percent in 2018 to 33,745 total outlets throughout 24 national markets, according to the latest market report from Allegra’s World Coffee Portal.. The United States and Europe represent large markets worldwide with a combined share of 69.8% supported by the well-established coffee culture in these regions. The increase in travel and tourism is also fueling the rise of coffeehouses. Office Hours Call 1-917-300-0470 As at 2016, Starbucks was operating in more than 23,500 locations worldwide … Coffee is the only beverage that emulates different traditions and cultures of countries worldwide, from Cafe Cubano in Cuba, Yuanyang from Hong Kong, Vietnamese "Ca Phe Sua Da", Greek Frappe, Turkish coffee to Italian macchiato. MARKET TRENDS & DRIVERS Consumer Preference for Premium Products Fuels Growth in Specialty Coffee Shops Market The Indulgence Trend Drives Growing Preference for Specialty Coffee Changing Consumer Lifestyles Influence Trends in the Coffee Shops Market Top Priority of Coffee Shop Visitors Ranked on a Scale of 1 - 10 (10 being the Highest Priority; 1 being the Lowest Priority) Revamping of Outlets as Socialization Hubs Spurs Growth Getting Extras In-store: Factors Ranked in the Order of Appealing Feature Coffee Shop: Design Trends Coffee Shops Evolve as Workplaces for Digital Nomads Growing Mobile Workforce Worldwide to Spur Opportunities for Coffee Shops: Global Workforce Population (2009, 2014, 2020): Percentage Share Breakdown of Employees by Nature of Work Working Customers Drive More Traffic to Coffee Shops Offices Take Cue from Exclusive Member-Only Coffee Shops Youngsters and Millennials Evolve as a Major Customer Group for Coffee Shops Global Millennial Population Facts & Figures: Important Opportunity Indicators Global Millennials Population Spread by Region (in %): 2018 Millennial Population as a Percentage (%) of Total Population in Developing Countries: 2018 Generation Z Emerge as Influential Coffee Buying Demographic Innovations in the Coffee Market Impact Coffee Shop Dynamics New Beverage Concepts Influence Coffee Shops 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 Strategies to Widen Market Reach Brands Strive for Competitive Gains by Going Digital 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. Top-tier cities in China are already witnessing a rapid rise in coffee shops with over 7500 shops in Shanghai; 6000 shops in Beijing; and over 4000 in Guangzhou and Shenzhen. For a beverage which was so rare that it was only served in luxury hotels, coffee is now becoming mainstream in China supported by not just the appeal of the drink but mostly importantly for the coffee shop experience that goes beyond just the coffee.Read the full report: https://www.reportlinker.com/p05820717/?utm_source=GNW I. And the coffee shop segment continues to solidify in 2019 with Caffè Nero Group acquiring a major ity stake in Cardiff-based Coffee#1. They have high customer footfall and are highly profitable. Not surprisingly coffee performs a very important social function and plays a vital role in building social relationships. Coffee is the second most popular beverage after water. What market share could you obtain? The industry is part of a complex supply chain effecting a broad range of businesses beyond coffee shops, including retail stores, grocers, family farms, shipping companies, roasters, and the end coffee … Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________. The share of multiple shops has increased from 73 percent in 2014, while the share of single has decreased from 27 percent. Mintel segmented the total market into two groups: single and multiple coffee shops. The convenient forms of coffee, like coffee pods and capsules and RTD coffee are becoming popular among masses (especially in North America and Western Europe) to prepare good coffee … Coffee shops have therefore become icons of urban neighborhoods. Sophisticated, clean, classy, easily accessible and respectable leisure environments began to grow in demand offering the perfect conditions for the rise of coffee shops. Coffee & Snack Shops in the US industry trends (2015-2020) Coffee & Snack Shops in the US industry outlook (2020-2025) poll Average industry growth 2020-2025 : x.x lock Purchase this report or a … Project Café USA 2020, Allegra World Coffee Portal’s market-leading report on the US coffee shop segment, reveals the $47.5bn market grew 3.3% to reach 37,274 outlets over the last 12 … It provides a cozy intimate living room atmosphere for causal customers reading a book; a connected environment with free-Wi-Fi for busy customers on a laptop; a cheerful environment for socializing friends; offers a romantic environment for dating couples. The United States and Europe represent large markets worldwide with a combined share of 69.8% supported by the well-established coffee culture in these regions. Coffee, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.6%. Coffee, one of the segments analyzed and sized in this study, displays … NEW YORK, Oct. 9, 2019 /PRNewswire/ --. driven by the silent importance and role by them in our society. Mushrooming of boutique coffee shops have become a trademark of virtually every city neighborhood. Edison, NJ -- -- 12/17/2020 -- COVID-19 Outbreak-Global Coffee Shops & Cafes Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market… The follow coffee shop industry statistics are outlined below outlining the coffee shop marketplace and average consumer demographic. The specialty coffee shops market is expected to grow by USD 80.78 billion during 2020-2024, according to the latest market research report by Technavio. of the global coffee consumption in 2019, amounting to 3,356 thousand tonnes of coffee. Grow at over 4.6 % have helped boost the coffeehouse culture 4.2 % growth momentum $ Billion... 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