Global Specialty Coffee Market Size & Outlook, 2024-2030
Global specialty coffee market, 2018-2030 (US$M)
Related Markets
Global specialty coffee market highlights
- The global specialty coffee market generated a revenue of USD 24,283.1 million in 2023 and is expected to reach USD 51,404.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.3% by 2030.
- In terms of segment, 18-24 accounted for a revenue of USD 7,933.9 million in 2023.
- 25-39 is the most lucrative age group segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 24,283.1 million |
| Market revenue in 2030 | USD 51,404.0 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | 18-24 |
| Fastest growing segment | 25-39 |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 18-24, 25-39, 40-59, Above 60 |
Other key industry trends
- In terms of revenue, the North America accounted for 25.6% of the global specialty coffee market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 1,588.5 million by 2030.
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Specialty Coffee Market Scope
Specialty Coffee Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global specialty coffee market outlook
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 specialty coffee market will help companies and investors design strategic landscapes.
18-24 was the largest segment with a revenue share of 32.67% in 2024. Horizon Databook has segmented the Global specialty coffee market based on 18-24, 25-39, 40-59, above 60 covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Specialty Coffee Age Group Outlook (Revenue, USD Million, 2018-2030)
- 18-24
- 25-39
- 40-59
- Above 60
- Global Specialty Coffee Application Outlook (Revenue, USD Million, 2018-2030)
- Retail
- Away from Home
- Global Specialty Coffee Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- B2B
- Coffee shops and cafes
- Hotels and restaurants
- Others
- B2C
- Supermarkets/hypermarkets
- Convenience stores
- Online
- Others
- B2B
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Target buyers of Global specialty coffee market databook
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Our clientele includes a mix of specialty coffee market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global specialty coffee market , including forecasts for subscribers. This global databook contains high-level insights into Global specialty coffee market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global specialty coffee market size, by regions, 2018-2030 (US$M)
Top 10 countries: Specialty coffee market size, 2024 (US$M)
Global specialty coffee market share, by age group, 2024 & 2030 (%, US$M)
Specialty coffee market: Opportunity assessment by country
Global specialty coffee market, by region, 2024 (US$M)
Related regional statistics
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