Espresso Coffee Market by Product Type (Capsules & Pods, Ground Coffee, Ready-to-Drink (RTD)), Espresso Type (Affogato, Americano, Cappuccino), Bean Type, Distribution Channel, End-Use - Global Forecast 2024-2030

Espresso Coffee Market by Product Type (Capsules & Pods, Ground Coffee, Ready-to-Drink (RTD)), Espresso Type (Affogato, Americano, Cappuccino), Bean Type, Distribution Channel, End-Use - Global Forecast 2024-2030

The Espresso Coffee Market size was estimated at USD 3.74 billion in 2023 and expected to reach USD 3.93 billion in 2024, at a CAGR 5.67% to reach USD 5.50 billion by 2030.

Espresso coffee is a concentrated form of coffee brewed by forcing a small amount of nearly boiling water through finely ground coffee beans. Characterized by its intense flavor, thick consistency, and high concentration of caffeine per unit volume, espresso serves as the foundation for a variety of coffee drinks, such as lattes, cappuccinos, and macchiatos. The major factors contributing to the expanding use of espresso coffee include the growing global coffee culture, rising consumer preference for quality and specialty coffee beverages, and technological advancements in espresso machine manufacturing. However, challenges such as the need for specialized equipment, the requirement of skill for optimal brewing, and the comparatively higher cost of espresso beverages pose challenges. Addressing these concerns involves increasing consumer education on coffee appreciation, improving the availability and affordability of home espresso machines, and fostering innovation in coffee brewing technology. The future of the espresso coffee market is promising, with opportunities to expand into emerging markets, leveraging e-commerce for the distribution of espresso machines and beans, and introducing environmentally friendly packaging and sustainable coffee sourcing practices, all of which cater to the growing consumer demand for responsible and high-quality coffee experiences.

Regional Insights

In the Americas, particularly in North America, espresso coffee's use is characterized by a burgeoning café culture and a rising inclination towards specialty coffee drinks, indicating a mature market with a robust production infrastructure and significant consumption. South America, especially Brazil and Colombia, are pivotal in the production phase, contributing substantially to global coffee exports, including beans suited for espresso. The APAC region is witnessing a dynamic shift, with countries such as South Korea, Japan, and China embracing espresso amidst their traditionally tea-centric cultures. This burgeoning interest is driving local production increases and a thriving café industry, albeit the region primarily relies on imports from coffee-producing countries. Europe serves as a bastion of espresso consumption with sophisticated preferences and a plethora of local and international brands. The Middle East, while traditionally tea-focused, is gradually integrating espresso into its café culture. Africa, with Ethiopia and Kenya, contributes significantly to the coffee production chain, primarily exporting beans to meet the global demand for espresso.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Espresso Coffee Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Increasing consumption of coffee among the population
Rising number of hotels, cafes, and restaurants worldwide
Wide availability of espresso coffee through online channels

Market Restraints

Adverse product recalls of espresso coffee

Market Opportunities

Advancements in flavors and processing of espresso coffee
Improved marketing and packaging of espresso coffee

Market Challenges

Complexity in maintaining the quality and authenticity of coffee

Market Segmentation Analysis

Product Type: Emerging popularity of espresso capsules and pods
End-Use: Rising off-trade sales of espresso coffee by commercial users

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Espresso Coffee Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Espresso Coffee Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

JDE Peet’s Expands Collaboration With Costa Coffee

JDE Peet's announced its latest global partnership with the Ferrari brand, marking a new era for its distinguished product, L’OR Espresso, within the exhilarating realm of the FIA World Endurance Championship (WEC). This collaboration is rooted in mutual values of passion, superior craftsmanship, and the pursuit of excellence, promising to energize the Ferrari team and its global fanbase through the vibrant synergy of L’OR Espresso’s distinctive style and Ferrari’s racing prowess. The L’OR Espresso brand will gain significant visibility, including major placement on the Ferrari 499P Hypercar and team attire.

Norway’s Fuglen Coffee Set for Indonesia Launch

Fuglen Coffee announced to make its debut in Indonesia in a significant leap towards expanding its global footprint. Slated to open at the prestigious Ashta District 8 shopping center in Jakarta, Fuglen Coffee will introduce its iconic espresso and cocktail bar experience, with its exact launch date still to be announced. Situated in a prime location adjacent to Café Kitsuné within the expansive 161,000 square feet mall, Fuglen Coffee will mark a notable addition to a roster of esteemed coffee purveyors, including local favorites Common Grounds and Bleum Coffee, alongside esteemed international players such as % Arabica, Paris Baguette, and The Coffee Academics.

Equator Launches Four Compostable Espresso Capsule Flavours

Equator Coffees, a woman-owned, B-Corp certified roastery based in Marin, US, unveiled a new line of espresso capsules. This launch introduces four varieties of organic certified, commercially compostable espresso designed for compatibility with Nespresso Original Line machines. This initiative underscores Equator Coffees' commitment to bringing high-quality, specialty coffee to consumers as conveniently and sustainably as possible.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Espresso Coffee Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Espresso Coffee Market, highlighting leading vendors and their innovative profiles. These include Caffè d'Italia Srl, Caffè de Roccis, Counter Culture Coffee, Inc., Danone SA, Fresh Brew Co., Inspire Brands, Inc., JAB Holding Company, Keurig Dr Pepper Inc., Kimbo S.p.A., La Colombe Coffee Roasters, Luigi Lavazza S.p.A., Melitta Group Management GmbH & Co. KG, Mr. Espresso, Nestlé S.A., Partners Coffee, Starbucks Corporation, Strauss Group Ltd., TDL Group Corp., The J. M. Smucker Company, The Kraft Heinz Company, Torrefazione Mokaflor Srl, TreeHouse Foods Inc. Company, Trucillo SpA, Vergnano S.p.A., and Verve Coffee Roasters.

Market Segmentation & Coverage

This research report categorizes the Espresso Coffee Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product Type
Capsules & Pods
Ground Coffee
Ready-to-Drink (RTD)
Whole-Bean
Espresso Type
Affogato
Americano
Cappuccino
Double Espresso
Latte
Macchiato
Mocha
Ristretto
Single Espresso
Bean Type
Arabica Beans
Robusta Beans
Distribution Channel
Offline
Online
End-Use
Commercial
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year