North America Espresso Coffee Market – Industry Trends and Forecast to 2029

Market Analysis and Size

Espresso coffee has made a significant place in the hot beverage sector around the world. It is being consumed everyday by millions of people in restaurants, office cafeterias, coffee shops and hotels, among others. Manufacturers are working on blending espresso shots with other beverages such as mocha, cappuccino, latte and others.

North America Espresso Coffee Market was valued at USD 3161.82 million in 2021 and is expected to reach USD 4427.01 million by 2029, registering a CAGR of 3.70% during the forecast period of 2022-2029. Cafes And Bars account for the largest end-use segment in the respective market owing to the changing consumer lifestyle and preference for coffee houses. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Market Definition

Espresso is a concentrated form of coffee served in small, strong shots and is the base for several coffee drinks. Espresso coffee is made from various types of coffee beans such as Arabica, robusta among others. Arabica coffee contains a high concentration of caffeine. However, because espresso is typically served in smaller servings than coffee, it has less caffeine per serving.

Report Scope and Market Segmentation

North America Espresso Coffee Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Consumption of Tea

The increase in the consumption of espresso coffee as nootropic drinks among students and working-class population acts as one of the major factors driving the growth of bubble tea market. The high consumption of espresso among population who have busy working lifestyle as it is easy to prepare assist in the growth of market.

• Rise in Espresso Coffee

The rise in the popularity of espresso coffee across the region as manufacturers blend espresso shots utilizing other beverages such as latte, cappuccino, and mocha, among others accelerate the market growth.

• Increase in Demand for Cafes

The increase in demand for espresso coffee from hotels, coffee shops office cafeterias, and restaurants in developing economies further influence the market. Increase in consumption of espresso coffee with rise in population around the world assists in the expansion of the market.

Additionally, change in lifestyle, increase in the disposable income and rise in awareness regarding the benefits of the caffeine positively affect the espresso coffee market.

Opportunities

Furthermore, growing focus of manufacturers in providing advanced coffee products extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, strategic marketing and promotion endeavours will further expand the market.

Restraints/Challenges

On the other hand, excessive caffeine consumption leading to a variety of cardiovascular problems are expected to obstruct market growth. Also, high calorie level of the product is projected to challenge the espresso coffee market in the forecast period of 2022-2029.

This espresso coffee market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on espresso coffee market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on North America Espresso Coffee Market

The COVID-19 has impacted espresso coffee market. The limited investment costs and lack of employees hampered sales and production of beverages. However, market key players adopted new safety measures for developing the products. The online distribution channel changing the shopping habits of people as it offers benefits such as easy payment methods, availability of a wide range of products, doorstep delivery and heavy discounts assisted in the growth of the market during the pandemic, and will further accelerate the growth during the post-pandemic situation.

Recent Developments

• 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.
• In May 2019, Café Coffee Day announced the launch of range of innovative flavours of Cappuccinos. The six flavours are the exotic range of coffee flavours that features innovative ingredients such as pea flower extract, Himalayan pink salt, and turmeric, ginger and cinnamon flavours pinch and other flavours. With this, the company has enhanced its portfolio in the market.

North America Espresso Coffee Market Scope and Market Size

The espresso coffee market is segmented on the basis of type, beans, roast, distribution channel and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Pure Espresso
• Double Espresso
• Ristretto
• Cappuccino
• Latte
• Mocha Macchiato
• Americano
• Others

Beans

• Coffee Arabica
• Coffee Robusta Wild Coffee Beans Brazilian Coffee Beans
• Coffee Liberica
• Coffee Charrieriana
• Coffee Magnistipula
• Others

Roast

• Light
• Medium
• Dark
• Extra Dark
• Others

Distribution Channel

• E-Commerce
• Super Markets / Hyper Markets
• Convenience Stores
• Specialty Stores
• Others

End-User

• Hotels and Restaurants
• Offices
• Cafes and Bars
• Home
• Educational Institutes
• Hospitals Airports
• Others

North America Espresso Coffee Market Regional Analysis/Insights

The espresso coffee market is analysed and market size insights and trends are provided by country, type, beans, roast, distribution channel and end user as referenced above.

The countries covered in the espresso coffee market report are U.S., Canada, and Mexico in North America.

The US is dominating the North America espresso coffee market  followed by Canada and Mexico. The high consumption of espresso coffee products in the US is the main reason for the dominance while Canada has a huge presence of major companies in the region is driving the growth of the country. Mexico is dominating the market due to growing understanding about health benefits and the good taste of the coffee.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and North America Espresso Coffee Market Share Analysis

The espresso coffee market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to espresso coffee market.

Some of the major players operating in the espresso coffee market are

• Starbucks Coffee Company (US)
• Nestlé (Switzerland)
• LUIGI LAVAZZA SPA (Italy)
• La Prima Espresso Company (US)
• Illycaffè S.p.A. (Italy)
• Gloria Jean's Gourmet Coffees (India)
• Coffee Beanery (US)
• Cafe Coffee Day (India)
• McDonald's (US)
• Massimo Zanetti Beverage procaffé SpA (Italy)
• Caribou Coffee Operating Company, Inc. (US)
• Keurig Dr Pepper Inc. (US)
• ARCO COFFEE COMPANY (US)
• The J.M. Smucker Company (US)
• The Kraft Heinz Company (US)

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