What is Out-of-Home Coffee - Market?
Increasing out-of-home coffee sales in America, and the increasing number of the working-age population are the major factors driving the global out-of-home coffee market. As per the study, outside the home over half the population across France, Spain, the UK, China, Portugal, Brazil, and Mexico. In China, for instance, 95% of the hot coffee purchases are done away from home, while in Mexico it totals 62% with potential for further growth. Europe holds the largest market share of the out-of-home coffee market. The fastest-growing regional market in Asia-Pacific is due to the rise in the demand for coffee by the working population, the growing presence of a large number of coffee chains, and the increasing e-commerce retail sector. The U.S. represents one of the largest markets and is already well penetrated at developed market levels.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | NESTLE S.A. (Switzerland), The Kraft Heinz Company (United States), Starbucks Corporation (United States), F S Gourmet Private Limited (India), Complete Coffee Limited (United States), Luigi Lavazza S.p.A. (Italy), JAB Holding Company Srl (Luxembourg), The JM Smucker Company (United States), Dr Pepper Snapple Group (United States) and Tchibo GmbH (Germany) |
The market study is being classified by Type (Roasted, Raw and Others) and major geographies with country level break-up. According to AMA, the Global Out-of-Home Coffee - market is expected to see steady growth rate.
NESTLE S.A. (Switzerland), The Kraft Heinz Company (United States), Starbucks Corporation (United States), F S Gourmet Private Limited (India), Complete Coffee Limited (United States), Luigi Lavazza S.p.A. (Italy), JAB Holding Company Srl (Luxembourg), The JM Smucker Company (United States), Dr Pepper Snapple Group (United States) and Tchibo GmbH (Germany) are some of the key players profiled in the study.
Global Out-of-Home Coffee - is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Segment Analysis
Analyst at AMA have segmented the market study of Global Out-of-Home Coffee - market by Type, Application and Region.
On the basis of geography, the market of Out-of-Home Coffee - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The High Demand due to Changing Culture for Out-of-Home Coffee Drinking
- Thriving Out-of-Home Coffee Consuming Population, Rapid Urbanization, Rising E-Commerce Retail Sales
Market Trend
- Growing Penetration of Premium Coffee Shops and Introduction of New Coffee Products
- High Demand for Cold Brew over Iced Coffee
Restraints
- Issues with the Retail Consolidations
Opportunities
- Increasing Instant Coffee Preference, Growing Demand for Specialty Coffee, and Increasing Green Coffee Consumption in Emerging Economies can create Opportunities for the Market Growth
Challenges
- Concerns Related to the Weather Uncertainties
On 22nd September 2021, Yum China and Lavazza announced the plan to accelerate the expansion of the store network of Lavazza cafés in China through the existing joint venture, aiming to open 1,000 stores by 2025. Yum China and Lavazza will inject USD 200 million initially into the joint venture to fund its future growth. Additionally, the joint venture is expected to be Lavazza's exclusive distributor in mainland China to introduce more products from Lavazza's global portfolio.
As per the United States Department of Agriculture, travelers are permitted to bring unlimited quantities of roasted coffee and green coffee beans in their luggage without restriction through any United States.
Key Target Audience
Out-of-Home Coffee - Manufacturers, Out-of-Home Coffee - Suppliers and Distributors, Regulatory Bodies, New Entrants, Potential Investors, Research and Development Institutes and Others