Nestlé, McDonald's and Starbucks Coffee Company are Dominating the Europe Espresso Coffee Market in 2019

Europe Espresso Coffee Market is expected to grow with the CAGR of 2.85% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Europe espresso coffee market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Europe espresso coffee market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement into the market. This helped companies to maximize the sales with enhanced product portfolio.

For instance-

  • In Feburary 2019, illycaffè S.P.A., announced the expansion of line of aluminium capsules compatible with Nespresso Original coffee machines. Through this expansion, the company aims to expand their product portfolio in the market.

Nestlé is the dominating player in Europe espresso coffee market. The other key players existing in the market includes McDonald's, Starbucks Coffee Company, The J.M. Smucker Company, LUIGI LAVAZZA SPA, Cafe Coffee Day, Co.ind s.c., Costa, The Kraft Heinz Company, illycaffè S.p.A., JACOBS DOUBE EGBERTS and Massimo Zanetti Beverage Group.

Europe Espresso Coffee Market

Nestlé

Nestlé headquarters is in Vevey, Switzerland. The company was founded in 1866. The company is engaged in manufacturing and distributing of food and beverage products to contribute in the healthier future. Nestlé is operating in Zone EMENA, Zone AMS, Zone AOA, Nestle Waters and Other Business. The Zone EMENA, Zone AMS and Zone AOA are our main market focussed segment. The company is providing products under Baby Food, Bottle Water, Cereals, Chocolate & Confectionery, Coffee, Culinary, Chilled & Frozen Food, Dairy, Drinks, Food Service, Healthcare Nutrition, Ice Cream, Pet Care categories. The market focus products lie under Coffee category. Nestle is engaged in providing coffee to homes namely NESCAFÉ Espresso - Whole Roasted Coffee Bean, NESCAFÉ MILANO Roast - 100% Arabica Soluble Coffee, NESCAFÉ & GO Cappuccino GOLD Unsweetened Cup.

For instance,

  • In February 2019, Nestlé announced the launch of new range of coffee products under the partnership with Starbucks. The new range consists of 24 products, including whole bean and roast and ground, as well as the first-ever Starbucks capsules developed using Nespresso and Nescafé Dolce Gusto proprietary coffee and system technologies. All these products are made with the 100% high-quality arabica coffee. With this, the company will enhance its offering in the market.

The company has wide presence across North America, South America, Asia-Pacific, Europe, Middle East and Africa. The company has various subsidiaries like Nespresso (Switzerland), Garoto (Brazil), Nestlé Japan (Japan), Dreyer's (U.S.) among others.

McDonald's

McDonald’s headquartered in Illionis, U.S. was founded in 1917. The company is engaged in manufacturing and distributing of food and beverage products to contribute in the healthier future. The company is providing products under All Day Breakfast, Beverages, Breakfast, Burgers, Chicken & Sandwiches, Combo Meal, Desserts & Shakes, Happy Meal, McCafé Drinks, McCafé Bakery, Snacks & Sides. The market focus products lie under Beverages product category.

The company has wide presence across North America, South America, Asia-Pacific, Europe, Middle East and Africa. The various subsidiaries of McDonald’s are McCafé (Australia), McDonald's France (France), McDonald's Canada (Canada), McDonald's New Zealand (New Zealand) among others.

Starbucks Coffee Company

Starbucks Coffee Company headquartered in Washington, U.S, was founded in 1971. The company is the American multinational chain of coffeehouses and roastery reserves food services. Starbucks Coffee Company is operating in Beverage, Food, Packed and Single Serve Coffee and Teas and Other business segments. The Beverage segment is main market focused segment. The company is engaged in providing products in categories like Drinks and Food among which Drinks is the market focused category.

The company has wide presence across North America, South America, Asia, Europe, Middle East and Africa. The company has various subsidiary companies such as Teavana(U.S.), Seattle's Best Coffee LLC(U.S.), Evolution Fresh U.S.), Hear Music (U.S.) among others.. The company has initiated many strategic initiatives to expand its market.

For instance,

  • In December 2017, Starbucks Coffee CompanyInc. announced its terminal service agreement with the Fibreco Export Inc. to handle the transporting facilities of dry bulk storage, rail capacity to receive full unit trains, and a new shiploader. The agreement is going to benefit the company in increasing its sale and generating more income for the company.