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Asia Pacific Caffe Latte Market By Product (Traditional Style Cappuccino, Wet Cappuccino, Dry Cappuccino, Flavored Cappuccino And Iced Cappuccinos), By Distribution Channel (Restaurants, Coffeehouses, Vending Machines And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: March, 2023
ID: 5563
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia Pacific Caffe Latte Market  Size and Growth Analysis:

Asia Pacific Caffe Latte Market was worth USD xx billion in 2022 and is projected to grow at a CAGR of xx%, to reach USD xx billion by 2027

Asia Pacific Caffe Latte Market Overview:

Latte is a type of coffee drink made using steamed milk and espresso. There are several variants for making this by replacing coffee. The alternatives to coffee include matcha or turmeric, masala chai and other types of milk substitutes such as soy milk or almond milk. It is also known as wet cappuccino in certain regions. This Italian-origin beverage is very popular in Europe and is a part of their breakfast for many years. It is similar to cappuccino except the milk foam is thin in a latte. Iced Latte is rapidly gaining popularity among people, especially among young patrons of coffee beverages. Latte even plays a minor role in defining the politicians of some countries.

The rapidly growing urban population and increasing popularity of coffee beverages among young people are the major factors driving the Caffe Latte market. Availability of Caffe Lattes in almost all the coffee shops and restaurants, the presence of large numbers of loyal consumers of latte, new and exotic variants such as almond milk and masala chai, and the rising population with disposable incomes are propelling the Caffe Latte market. However, high prices of lattes and less penetration in the rural population are restraining the growth of the market.

Asia Pacific Caffe Latte Market Segmentation:

The Caffe Latte market is categorized by

  • product

  • distribution channel

Based on the product

  • Traditional Style Cappuccino

  • Wet Cappuccino

  • Dry Cappuccino

  • Flavored Cappuccino

  • Iced Cappuccinos

Traditional style cappuccinos account for the largest market share in the Caffe latte market. However, flavored cappuccinos and iced cappuccinos are rapidly gaining popularity among consumers.

On the basis of the distribution channel,

  • Restaurants

  • Coffeehouses

  • Vending Machines

Coffeehouses are the largest market segment in terms of distribution whereas usage of vending machines is increasing in office spaces, supermarkets and convenience stores.

Asia Pacific Caffe Latte Market geographical Analysis

  • China

  • India

  • Japan

  • Australia

  • Japan

Asia Pacific is the fastest-growing market segment due to the increasing urban population and increase in demand for western food and beverages. An increase in disposable incomes in emerging countries such as India also drives the caffe latte market.

Asia Pacific Caffe Latte Market Key players:

  1. Starbucks

  2. Brad Barry Company

  3. Innovative Beverage Concepts, Inc

  4. Vita Coco

  5. Weebly

  6. Dunkin Donuts

  7. Aroma Espresso Bar

  8. Baristas

  9. Café Coffee Day

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