Coffee Shop Market to reach USD 261.81 Bn by 2029, emerging at a CAGR of 3.5 percent and forecast (2022-2029)

Coffee Shop Market Report Scope and Research Methodology

To compile this report, extensive research and analysis were conducted based on the latest market trends and insights. The market size for 2021 was estimated using real data from key players and major contributors worldwide. A comprehensive analysis of the past five years was also conducted to forecast market trends and growth potential until 2029. Special attention was given to analyzing the impact of regional lockdowns in 2021, considering it as an exceptional year.

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What are Coffee Shop Market Dynamics?

The coffee industry, being the second-highest traded commodity after oil and the most exported agricultural commodity globally, has contributed significantly to the market's growth. In 2021 alone, the coffee segment generated a revenue of US$ 409.89 billion, with the United States emerging as the largest importer and consumer of coffee.

The younger population, particularly in urban areas, with increased disposable income, has shown a growing inclination towards socializing and community gatherings at coffee shops and restaurants. This has led to a surge in demand for diverse cafes with unique designs, providing quality coffee and a pleasant ambiance, especially in tier 1 and tier 2 cities.

The emergence of specialty cafes offering premium coffee and exotic coffee beans from around the world has gained significant traction. These specialty coffee shops, with their variety of coffee types and exquisite preparations, have become prime destinations for formal and informal business meetings.

Challenges faced by cafes include ensuring satisfactory service, effective staff management, and maintaining consistent quality. Additionally, high rental costs in prime locations pose difficulties for independent cafes to sustain long-term profitability.

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What is Coffee Shop Market Segmentation?

by Type
• Specialty Coffee Shop
• Mass Market

by City Size
• Metropolitan
• Urban
• Rural

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Who are Coffee Shop Market Key Players?

• The Kraft Heinz Company
• The Coca-cola company
• JM Smucker Company
• JAB Holding Company
• Starbucks
• McCafe
• Tully's coffee
• Ediya Espresso
• Gloria Jean's coffees
• Caribou Coffee
• Caffe Nero
• Doutor coffee
• Coffee bean and Tea leaf
• Nestle SA

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Table of content for the Coffee Shop Market includes:

1. Global Coffee Shop Market: Research Methodology

2. Global Coffee Shop Market: Executive Summary

• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry

3. Global Coffee Shop Market: Competitive Analysis

• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact

4. Global Coffee Shop Market Segmentation

• Global Market, by Type (2021-2029)
• Global Market, by City Size (2021-2029)

5. Regional Coffee Shop Market (2021-2029)

• Regional Market, by Type (2021-2029)
• Regional Market, by City Size (2021-2029)
• Regional Market, by Country (2021-2029)

6. Company Profile: Key players

• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

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Regional Insights:

North America currently leads the coffee shop market, with a market size of US$ 36 billion in the US alone and a total of 37,189 coffee shops in 2021. The United States, being the largest importer of coffee, sources directly from coffee-producing countries. Starbucks, one of the world's largest coffee chains, operates 32,600 stores worldwide and remains a major player in the US market, despite a temporary dip in revenue due to the COVID-19 pandemic.

Europe is the fastest-growing market, exhibiting a CAGR of 2.9%. The region is expected to witness the establishment of 45,400 branded coffee shops, with a growing coffee culture that has the potential to become a market leader. China also presents itself as an emerging market, with a high growth rate and an anticipated coffee shop market size of 47.9 billion Yuan by 2023. In the Asia Pacific, India is poised to become one of the emerging markets, with 1,192 CCD outlets across 208 cities.

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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