United Kingdom Coffee Market Overview:
The United Kingdom Coffee Market, valued at USD 1727.59 Mn in 2023, is poised for substantial growth, driven by evolving consumer preferences, increasing demand for specialty coffee, and innovations in instant coffee solutions. With a strong cultural affinity for coffee, UK consumers average three cups daily, making the region one of the largest coffee markets globally.
Market Scope:
The report provides a detailed analysis of the UK coffee market, covering historical data (2018-2022), the base year (2022), and a forecast period (2024-2030). It examines various market segments, including source, type, and process, and offers regional insights. Key highlights include:
- Market Size (2023): USD 1727.59 Mn
- Forecasted Market Size (2030): USD 2304.17 Mn
- CAGR (2024-2030): 4.20%
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Market Drivers:
- Millennial Influence: Millennials, consuming an average of 5.1 kg of coffee annually, are key drivers of the specialty coffee trend. They value high-quality, socially inclusive coffee experiences.
- Convenience and Quality: Rising demand for instant coffee solutions balances speed and flavor, aligning with busy lifestyles.
- Health Awareness: Growing preference for antioxidant-rich Robusta coffee beans supports consumer health trends.
Market Trends:
- Specialty Coffee: Increased focus on lattes, cappuccinos, and espressos with unique flavor profiles.
- Home Brewing: Growth in demand for whole coffee beans among consumers prioritizing freshness.
- Innovations: Launch of premium instant coffee products, such as Starbucks premium instant coffee by Nestlé in 2020, and plant-based coffee alternatives.
Market Segmentation:
- By Source:
- Arabica: Preferred for its sweet taste and low caffeine content.
- Robusta: Valued for its rich antioxidant properties.
- By Type:
- Instant Coffee
- Ground Coffee
- Whole Bean
- Others
- By Process:
- Caffeinated
- Decaffeinated
For further information, or to request a free sample report, please contact us:https://www.stellarmr.com/report/req_sample/United-Kingdom-Coffee-Market/82
Key Players:
- Caffè Nero
- Costa Coffee
- Matthew Algie
- Origin Coffee
- Clifton Coffee
- North Star Coffee
- Caravan Coffee
- Lincoln and York
- Colonna
- Has Bean
Regional Analysis:
The UK coffee market dominates the European region, driven by urbanization, a robust café culture, and increasing awareness of sustainable and ethically sourced coffee. The rising middle-class population further contributes to market growth, especially for specialty coffee.
Key Questions Answered:
- What is the current market size of the UK coffee industry?
- Which factors drive the growth of specialty coffee in the UK?
- How do trends like health consciousness and convenience impact the coffee market?
- Who are the leading players, and what strategies are they employing?
- What role do millennials play in shaping the market dynamics?
For more insights and detailed analysis, request the full report: https://www.stellarmr.com/report/United-Kingdom-Coffee-Market/82
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- 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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