Coffee shops have therefore become icons of urban neighborhoods. Coffee Shop Market. Starbucks Corporations is a coffee company founded in the USA in the year 1971 and operates worldwide. Mintel segmented the total market into two groups: single and multiple coffee shops. Coffee shops today enjoy high profitability not only due to the robust coffee culture but also due to the effervescent innovation in coffee types offered. They create vibrant streetscapes and produce huge pedestrian activity. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS, For more information about this report visit https://www.researchandmarkets.com/r/wi4wzj, ResearchAndMarkets.com The industry is part of a complex supply chain effecting a broad range of businesses beyond coffee shops, including retail stores, grocers, family farms, shipping companies, roasters, and the end coffee … This coffee market analysis provides market share and market sizing insights for all segments including instant coffee, whole bean coffee, ready-to-drink coffee… The Coffee Shops market worldwide is projected to grow by US$58.7 Billion, driven by a compounded growth of 4.1%. The report covers the present scenario and the growth prospects of the global specialty coffee shops market for 2017-2021. Branded Coffee Shops Market in the US Premiumization Emerges as a Key Strategy for Coffee Shops Consolidation Activity Continues to Influence Coffee Shop Operators US Coffee Chains Market: Percentage Breakdown of Revenues by Leading Coffee Chain for 2019 Increasing Sales at Specialty Coffee Shops Benefit Market Prospects Millennials: The Fastest Growing Consumer Category for Coffee Market Analytics Table 10: United States Coffee Shops Market Estimates and Projections in US$ Million by Product: 2020 to 2027 Table 11: Coffee Shops Market in the United States by Product: A Historic Review in US$ Million for 2012-2019 Table 12: United States Coffee Shops Market Share Breakdown by Product: 2012 VS 2020 VS 2027 CANADA High Coffee Consumption Fuels Proliferation of Coffee Franchises Demand on Rise for Specialty Beverages Leading Coffee Franchises Leading Coffee Shops in Canada: 2018 Market Analytics Table 13: Canadian Coffee Shops Market Estimates and Forecasts in US$ Million by Product: 2020 to 2027 Table 14: Canadian Coffee Shops Historic Market Review by Product in US$ Million: 2012-2019 Table 15: Coffee Shops Market in Canada: Percentage Share Breakdown of Sales by Product for 2012, 2020, and 2027 JAPAN Coffee Remains a Popular Beverage Rising Popularity of Fresh Ground Coffee Bodes Well for the Market Market Analytics Table 16: Japanese Market for Coffee Shops: Annual Sales Estimates and Projections in US$ Million by Product for the Period 2020-2027 Table 17: Coffee Shops Market in Japan: Historic Sales Analysis in US$ Million by Product for the Period 2012-2019 Table 18: Japanese Coffee Shops Market Share Analysis by Product: 2012 VS 2020 VS 2027 CHINA Coffee Emerge as a Fashion Statement for Young Millennials Rapid Urbanization and Expanding Middle Class Drive Demand for Premium Coffee Urbanization in China (2007-2017): Percentage Share of Total Population Living in Cities Quality of Produce Drive Chinese Coffee Production Competition US Coffee Chains Enjoy Significant Popularity Leading Coffee Shop Chains in China by Share (in%): 2018 Market Share of Leading Specialty Coffee Shop Chains in China: 2018 Luckin Challenges Starbucks? Coffee is the second most popular beverage after water. of the global coffee consumption in 2019, amounting to 3,356 thousand tonnes of coffee. The company has 11,000 stores in America alone, where it sells 8.2 million cups of coffee daily, as reported by The Boston Globe. What market share could you obtain? Number of coffee shops in the USA per chain: (World Coffee … https://www.reportlinker.com/p05820717/?utm_source=GNW. Mushrooming of boutique coffee shops have become a trademark of virtually every city neighborhood. Office Hours Call 1-917-300-0470 This bests the international restaurant industry as a whole, which grew at 5.7%, and was stronger even than global … Top-tier cities in China are already witnessing a rapid rise in coffee shops with over 7500 shops in Shanghai; 6000 shops in Beijing; and over 4000 in Guangzhou and Shenzhen. © 2020 GlobeNewswire, Inc. All Rights Reserved. The United States and Europe represent large markets worldwide with a combined share of 69.8% supported by the well-established coffee culture in these regions. It plans to expand to 20,000 stores worldwide by the end of 2014, with China slated to become its second largest market. 1. Over the decades, rapid urbanization, creation and development of new urban centers have helped boost the coffeehouse culture. For a beverage which was so rare that it was only served in luxury hotels, coffee is now becoming mainstream in China supported by not just the appeal of the drink but mostly importantly for the coffee shop experience that goes beyond just the coffee.Read the full report: https://www.reportlinker.com/p05820717/?utm_source=GNW I. FOCUS ON SELECT PLAYERS 3. The United States and Europe represent large markets worldwide with a combined share of 69.8% supported by the well-established coffee culture in these regions. The world’s biggest cafe market, the US, expects sales at specialist tea and coffee shops fall nearly 11% in 2020 after years of strong growth, according to Euromonitor International. Competitors identified in this market include: I. Local coffee shop … Vietnam, is the second largest coffee producer, accounting for roughly 20 percent of the world coffee production. For U.S./CAN Toll Free Call 1-800-526-8630 New York, Aug. 18, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Coffee Shops Industry" - https://www.reportlinker.com/p05820717/?utm_source=GNW Since coffee consumption transcends geographic and cultural boundaries, it widely considered as a social lubricant helping people bond, communicate, build relationships and enjoy. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________. Coffee, one of the segments analyzed and sized in this study, displays … MARKET OVERVIEW Coffee Shops Market to Witness Healthy Growth Ahead Coffee Industry Dynamics Coffee: Fast Facts Noteworthy Coffee Facts of Major Coffee Markets An Insight into Origins of Coffee Coffee Varieties Types of Coffees Coffee Waves: Tracking the Evolution of Coffee Industry Coffee Production Landscape Global Coffee Production (in Thousand 60Kg Bags): 2012-2018 Brazil Dominates Global Coffee Production Leading Coffee Producing Countries Worldwide by Production Volume (1000, 60kg bags) for the Years 2005, 2015 and 2018 Major Coffee Producing Regions/Countries: Snapshot Profiles Global Competitor Market Shares Global Coffee Chains Market: Percentage Breakdown of Revenues by Leading Coffee Chain for 2019 Leading Coffee Shops Worldwide Ranked by Number of Stores: 2018 EU Leads Global Coffee Consumption Top Coffee Consuming Regions/Countries Worldwide (2017-18): Consumption of Coffee in Thousands of 60-Kilogram Bags Impact of Covid-19 and a Looming Global Recession 2. The global coffee market is projected to grow at a CAGR of 4.22% during the forecast period (2020-2025). Coffee Shop Market Growth Strategy Table 22. The increase in travel and tourism is also fueling the rise of coffeehouses. Coffee is one of the most widely consumed hot beverages worldwide with around 500 billion cups consumed every day, according to the British Coffee Association. MARKET TRENDS & DRIVERS Consumer Preference for Premium Products Fuels Growth in Specialty Coffee Shops Market The Indulgence Trend Drives Growing Preference for Specialty Coffee Changing Consumer Lifestyles Influence Trends in the Coffee Shops Market Top Priority of Coffee Shop Visitors Ranked on a Scale of 1 - 10 (10 being the Highest Priority; 1 being the Lowest Priority) Revamping of Outlets as Socialization Hubs Spurs Growth Getting Extras In-store: Factors Ranked in the Order of Appealing Feature Coffee Shop: Design Trends Coffee Shops Evolve as Workplaces for Digital Nomads Growing Mobile Workforce Worldwide to Spur Opportunities for Coffee Shops: Global Workforce Population (2009, 2014, 2020): Percentage Share Breakdown of Employees by Nature of Work Working Customers Drive More Traffic to Coffee Shops Offices Take Cue from Exclusive Member-Only Coffee Shops Youngsters and Millennials Evolve as a Major Customer Group for Coffee Shops Global Millennial Population Facts & Figures: Important Opportunity Indicators Global Millennials Population Spread by Region (in %): 2018 Millennial Population as a Percentage (%) of Total Population in Developing Countries: 2018 Generation Z Emerge as Influential Coffee Buying Demographic Innovations in the Coffee Market Impact Coffee Shop Dynamics New Beverage Concepts Influence Coffee Shops Brands Focus on Innovations in Foam Art Non-Dairy Milk Alternatives Take Center Stage Emergence of Innovative Coffee Brewing Methods Coffee Shops Resort to Novel Strategies to Widen Market Reach Brands Strive for Competitive Gains by Going Digital Coffee Shops Eye Waste Reduction Strategy to Earn Customer Loyalty Recycling Paper Cups Remains Formidable Challenge Efforts to Engage in Circular Economy through Waste Reduction Encouraging Use of Reusable Cups Using Spent Coffee Grounds Targeting Energy Savings 4. In 2016, the beverages segment accounted for 61% of the global market and is projected to decline to 60% by 2021, exhibiting almost 1% decrease in market share. Despite market reports year after year after year suggesting that the higher-end specialty coffee segment has the most opportunity for growth and increased market share in the United States, the U.S. coffee landscape is actually being increasingly overrun by large chains.. Market research and event firm Allegra’s World Coffee … Edison, NJ -- -- 12/17/2020 -- COVID-19 Outbreak-Global Coffee Shops & Cafes Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market… The retail coffee shop market in Europe grew by 6 percent in 2018 to 33,745 total outlets throughout 24 national markets, according to the latest market report from Allegra’s World Coffee Portal.. Urbanization of leisure resulting from lifestyles centered around work and offices has created a need for leisure environment as an alternative to leisure in the streets. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$2.8 Billion to the region's size and clout in the next 5 to 6 years. DUBLIN--(BUSINESS WIRE)--The "Coffee Shops - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering. DUBLIN--(BUSINESS WIRE)--The "Coffee Shops - Market Analysis, Trends, and Forecasts"report has been added to ResearchAndMarkets.com'soffering. What is the growth for this market, as well as other trends and forecasts? They have high customer footfall and are highly profitable. The acquisition of the 92-store UK portfolio means the UK’s third-largest chain commands an 815-store portfolio, holding a 10% share of the total UK branded coffee shop market. 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