The Europe Coffee Concentrate Market would witness market growth of 4.7% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 18,458.6 thousand litres, showcasing a growth of 4.7% (2019-2022).
The market is not solely driven by convenience; it also serves as a canvas for innovation and creativity within the broader coffee industry. Coffee concentrate producers foster a culture of exploration and experimentation with various brewing methods, flavour infusions, and unique formulations. The market landscape is characterized by a continual quest for novel and distinct flavour profiles, sustainable sourcing practices, and packaging innovations, all contributing to a vibrant ecosystem that responds to evolving consumer preferences and industry trends.
These producers are exploring and introducing innovative flavour profiles and infusions. Unique combinations, such as botanical infusions, spice blends, and exotic flavours, are gaining popularity as consumers seek novel and distinctive taste experiences. These infused with functional ingredients, such as adaptogens, superfoods, and health-enhancing additives, are gaining traction. Consumers are interested in beverages that boost caffeine, offer potential health benefits, and cater to specific wellness trends.
Europe's rising food and beverage industry creates a dynamic environment for the market. The adaptability of these on diverse culinary applications, coupled with the demand for convenience and innovation, positions them as a relevant and thriving product category within the evolving European food and beverage landscape. As per the Eurostat, 2020 revealed a substantial presence of 291,000 food and beverage (F&B) processing enterprises in the European Union (EU), constituting 14.1% of all manufacturing enterprises. The value added by these F&B processing entities amounted to €227 billion, marking a remarkable 30% increase compared to the €174 billion generated by the agriculture sector. Thus, the growing food and beverage industry of Europe is driving the growth of the market.
The Germany market dominated the Europe Coffee Concentrate Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $264.6 Million by 2030. The UK market is exhibiting a CAGR of 3.8% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.5% during (2023 - 2030).
Free Valuable Insights: The Global Coffee Concentrate Market will Hit USD 3.6 Billion by 2030, at a CAGR of 5.3%
Based on Type, the market is segmented into Caffeinated, and Decaffeinated. Based on Distribution Channel, the market is segmented into Retail, and HoReCa. Based on Retail Type, the market is segmented into Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, and Online Retail. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Type (Volume, Thousand Litres, USD Billion, 2019-2030)
By Distribution Channel (Volume, Thousand Litres, USD Billion, 2019-2030)
By Country (Volume, Thousand Litres, USD Billion, 2019-2030)
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