Market revenue in 2023 | USD 14,690.2 million |
Market revenue in 2030 | USD 21,424.8 million |
Growth rate | 5.5% (CAGR from 2023 to 2030) |
Largest segment | Arabica |
Fastest growing segment | Robusta |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Arabica, Robusta |
Key market players worldwide | Nestle SA, Starbucks Corp, JDE Peets NV ADR, Strauss Group Ltd, JM Smucker Co, AWAK Technologies, Second Sight Systems, HDT Global, Touch Bionics, Neurotron Biotechnology, Retina Implant, Rex Bionics, Tchibo Coffee International, Luigi Lavazza, Melitta, Massimo Zanetti Beverage Group |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to roasted coffee market will help companies and investors design strategic landscapes.
Arabica was the largest segment with a revenue share of 58.22% in 2023. Horizon Databook has segmented the Europe roasted coffee market based on arabica, robusta covering the revenue growth of each sub-segment from 2018 to 2030.
Europe accounted for 32.71% revenue share of the global roasted coffee market. The increasing disposable incomes and changing consumer consumption patterns are accelerating the demand for coffee in the region.
The European market for branded coffee shops experienced growth of 3.3% in 2022-2023, leading to a total of 42,804 establishments. According to forecasts by the World Coffee Portal, the European market for branded coffee shops is projected to surpass 44,100 establishments by March 2024 and is expected to reach 49,600 outlets by March 2028.
The rise in coffee consumption is leading to the expansion of coffee shops across the region, therefore driving the growth of the roasted coffee market. In 2021, Europe accounted for 32% of worldwide coffee consumption, with an estimated 3,252 thousand tons of coffee, making it the world’s largest coffee market.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe roasted coffee market , including forecasts for subscribers. This continent databook contains high-level insights into Europe roasted coffee market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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