Espresso is a blended, full-flavored type of coffee served in shots. It is made by pushing through very fine ground coffee beans, heated, warm water. This process is also known as pulling a shot. This type of coffee is mainly popular in the western countries. Usually the percentage of caffeine is high in the espresso and is usually thicker than the coffee which is brewed by the other processes. They are also the base drinks such as caffe macchiato, flat white, caffe Americano, caffe latte, and other. Espresso is made by finely ground compressed coffee by pressing very hot water under high pressure. Some of the common types of espresso beans are coffee Arabica, blended coffee, coffee robusta among others.
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Some of the factors for the growth of Global Espresso Coffee Market :
The global espresso coffee market is segmented into product as online sales & offline sales; applications as home & office, coffee shop, other; beans as coffee arabica, coffee robusta, blended coffee, and others; degree of roast as light roast, dark roast, & others and beverage type as regular espresso, double espresso, short & long macchiato, ristretto and others.
Some of the launches and acquisition in Global Espresso Coffee Market :
“According to Data Bridge Market Research, Global Espresso Coffee Market is set to witness a substantial CAGR of 7.5% in the forecast period of 2019- 2026”
Few of the major competitors currently working global espresso coffee market are Starbucks Coffee Company, Nestle, JAB Holding Company, LUIGI LAVAZZA SPA, Massimo Zanetti Beverage Group, Tchibo, Procaffé S.p.A, Co.ind s.c, PEET'S COFFEE, illycaffè S.p.A, Gloria Jean's Gourmet Coffees, Costa, Caribou Coffee Company, Coffee Beanery, Keurig Tully's Coffee Inc, JACOBS DOUWE EGBERTS, Zino Davidoff, DD IP Holder LLC, McDonald's, and Cafe Coffee Day among others.
Increasing awareness about the health benefits of coffee and rising coffee shops worldwide are the factors affecting the market growth. Availability of Wi-Fi and wireless connectivity in the coffee shop will also enhance the market. Coffee makers also mix espresso shots with other drinks like latte, cappuccino, mocha, and so on; this factor is also positively affecting the market growth.
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Global Espresso Coffee Market – Industry Trends and Forecast to 2026