Global Espresso Coffee Market: Increasing Popularity of Espresso Augments the Market Growth

Espresso Coffee Market

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 :

• Growing popularity of espresso: Espresso is considered as energy drinks as they have the ability to boost energy. These drinks are very popular because they have many health benefits. These drinks have the ability to enhance the memory and improve the concentration. It was found that coffee is made of a wide range of antioxidants. Espresso is like a small concentrated punch in a delicious package of all those good antioxidants. They also have the ability to pump adrenaline which increases the speed and strength. Espresso also decreases the women’s risk of stroke
• The changing culture of out-of-home coffee drinking: Coffee is one of the important drink of everyone life. Large numbers of population consume coffee on their daily basis so they can feel energetic and can work actively in workplaces. Today out- of home coffee drinking culture is getting popular. Younger people drive the growth and consumption of coffee outside the home. Increasing cafes and restaurants offering premium & high quality coffee is also increasing the trend

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 :

• In March 2019, LUIGI LAVAZZA SPA, announced the launch of their Lavazza Blue which is a new range of coffee machine. This new range consists of three models such as classy compact, classy milk and classy mini. Equipped with Bluetooth technology, the one-touch machines use LB capsules that ensure consistency in the cup and maintain consistent quality and freshness of coffee. This machine is very beneficial for small offices, conferences, and hotels
• In July 2018, PEET’S COFFEE announced the launch of their new range of Nespresso OriginalLine-compatible espresso capsules.  These four flavor blends consist of Crema Scura, Ricchezza, Peet’s Coffeebars and Ristretto. This new launch is very beneficial for the customers as it will provide the,taste of espresso in the barista style from the comfort of their home

“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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