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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 Forecast 2023-2028

Published: March, 2023
ID: 5560
Pages: 175
Formats: report pdf report excel report power bi report ppt

Caffe Latte Market Size, Share, Growth (2023-2028)

Caffe Latte Market is relied upon to develop at a CAGR of 4.22% during the figure time frame 2023-2028.

Caffe Latte Market Overview:

The market is driven by various components, not many of which are the developing interest for guaranteed espresso items, the acknowledgment of single-serve espresso blending frameworks by shoppers, and consistent advancement driven by significant parts in the latte market. In developed economies, some consumers are expected to switch from instant coffee to more premium options for quality and taste reasons. Instant coffee was once viewed as an exceptional item, yet it has begun to lose its more youthful shopper base, changing the elements of the market. As per latte creation, nations like Brazil and Vietnam speak to the biggest portion by volume, because of the correct conditions for development. With creation of 3.6 billion metric huge loads of green espresso, Brazil is the world's biggest maker, trailed by Vietnam, Colombia, Indonesia, and Ethiopia. The size of the worldwide coffee market is relied upon to keep on developing consistently throughout the following 4-5 years as the populace increments will consistently expand the number of members in the world. Millennials are increasingly willing to spend on beverages and coffee brands, which is driving the growth of the organic coffee market. The popularity and availability of high-quality specialty coffee products with flavors and aromas are expected to fuel the influx of millennials into coffee shops. Due to these factors, our coffee industry analysis predicts that the global café latte market will grow with a considerable share over the forecast period. For a creamy delight, Café Latte starts with a dose of deep, dark espresso, then mixes with steamed milk for a smoother, slightly sweet treat. Convenient forms of coffee, such as coffee pods and RTD coffee, are becoming increasingly popular with the masses (especially in North America and Western Europe) for making great coffee from the comfort of home, in less time.

Caffe Latte Market Recent Developments in the Industry:

  • Ahead of the holiday season, Costa Coffee is launching a new line of limited-edition hot beverages featuring some of the country's favorite chocolate beverages.

  • McDonald's relies on coffee products to improve sales in developed nations, like the United States.

Cafe Latte Market Drivers and Restraints:

In recent years, we have seen consumers become increasingly aware of the manufacture of the product they buy and where their purchases come from. This is especially true in the case of the food and beverage supply chain, and coffee is no different.

UTZ aims to make sustainable agriculture a standard, encouraging farmers to implement environmentally friendly agricultural practices and to manage their farms profitably with respect for coffee consumers and nature. Various coffee certification organizations are dedicated to monitoring production procedures and the coffee supply chain. The increasing world population coupled with the hectic lifestyles is promoting the adoption of coffee and its variants like café latte. The developments in the retail sector and the expansion of the HoReCa sector are majorly supporting the sales in the café latte market. Excessive consumption of caffeinated beverages has been shown to correlate with higher rates of a heart attack in this age group by overstimulating the heart muscle. While the morning cup of coffee can provide an extra boost of energy as you get away, it can interfere with your body's ability to settle in during the night.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2023-2028

Base Year

2022

Forecast Period

2023-2028

CAGR

4.22%

Segments Covered

By Product, Type, Consumption, Distribution Channel and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

Market Leaders Profiled

Starbucks, Costa Coffee, McCafé, Tim Horton’s, Gloria Jeans, Dunkin Donuts, Peet’s Coffee, Lavazza, Caribou Coffee, Nescafe

Cafe Latte Market Segmentation:

By Application

  • Coffee Shop

  • Roast Coffee Company

  • Distribute Coffee Company

  • Others

By-Products:

  • Medium/Regular Cup Type

  • Large Cup Type

  • Extra Large Cup Type

In Italy, cafè latte is almost always made at home, just for breakfast. Coffee is made with a mocha pot on the stove and poured into a mug of hot milk. Unlike the international form, the coffee from the Italian original is generally not foamed, and the drinker adds sugar, if necessary.)

Cafe Latte Market Regional Insights:

  1. North America
    • U.S

    • Canada

  2. Europe
    • Norway

    • Germany

    • Sweden

  3. Asia Pacific
    • China

    • India

    • Japan

  4. Latin America
    • Brazil

    • Mexico

    • Argentina

  5. Middle East and Africa
  • a. Middle East

  • b. Africa

According to a survey conducted by the Institute for Scientific Information on Coffee (ISIC), 68% of respondents said that they often consume coffee while working. This pattern is creating an extraordinary interest for café latte in European nations, for example, Germany, Italy, Spain, the United Kingdom, and others, as customers are progressively mindful of the nature of their espresso. Additionally, advancements in technology (such as tabletop machines and traceability tools) are paving the way for bean cup solutions. The German market for coffee pods and capsules is heavily dominated by Nestlé's Nespresso, with its wide range of products throughout the country. Keurig Green Mountain converged with JAB holding with the point of extending its quality. Roughly 24.1% of long-term need to attempt various sorts of coffees, recipes and need variety in this business.

Cafe Latte Market Key Players:

  1. Starbucks

  2. Costa Coffee

  3. McCafé

  4. Tim Horton’s

  5. Gloria Jeans

  6. Dunkin Donuts

  7. Peet’s Coffee

  8. Lavazza

  9. Caribou Coffee

  10. Nescafe

  11. Folgers

  12. Keurig

  13. Maxwell House

  14. Eight O’clock

  15. Gevalia

  16. Bru Coffee

  17. Luckin Coffee

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