Espresso coffee is coffee brewed by forcing a small amount of nearly boiling water under pressure through finely ground coffee beans. Espresso is generally thicker than coffee brewed by other methods.
We define espresso coffee as roast bean and ground roast powder used to make espresso coffee by espresso coffee machine in this report.
Global Espresso Coffee market
is valued at 10.38 billion USD in 2018 and is expected to reach 17.06 billion USD by the end of 2025, growing at a CAGR of 7.26% between 2019 and 2025. In terms of volume, global Espresso Coffee sales volume was 572.2 K MT in 2018 and is expected to reach 924.8 K MT by the end of 2025, growing at a CAGR of 7.01% between 2019 and 2025. Europe plays an important role in global market, with market size of 8.15 billion USD in 2018 and will be 13.19 billion USD in 2025, growing at a CAGR of 7.02% between 2019 and 2025.
Luigi Lavazza S.p.A., Tchibo and Segafredo Zanetti (Massimo Zanetti Beverage Group) are the top three Revenue share spots in the Espresso Coffee market in 2018. Luigi Lavazza S.p.A. dominated with 16.39% revenue share, followed by Tchibo with 11.18% revenue share and Segafredo Zanetti (Massimo Zanetti Beverage Group) with 10.06% revenue share.
On the basis of region, espresso coffee is more popular in Europe than America, particularly in Italy. Europe is the largest market segment of Espresso Coffee, with a consumption market share nearly 77.39% in 2018.
Espresso Coffee used in industry including Home & Office, Coffee Shop, etc. Report data showed that 83.07% of the Espresso Coffee market demand in Home & Office in 2018.