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The global Espresso market was valued at US$ 13200 million in 2022 and is projected to reach US$ 20780 million by 2029, at a CAGR of 6.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
Espresso Market aims to provide a comprehensive presentation of the global market for Espresso, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Espresso. Espresso Market contains market size and forecasts of Espresso in global, including the following market information:
Global Espresso Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Espresso Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Espresso companies in 2022 (%)
Global Espresso Coffee key players include Segafredo Zanetti (Massimo Zanetti Beverage Group), Luigi Lavazza S.p.A., Bristot (Procaff S.p.A), Tchibo, etc. Global four manufacturers hold a share nearly 40%.
Europe is the largest market, with a share about 80%, followed by Asia-Pacific, and North America, both have a share about 20 percent.
In terms of product, Crystal Oscillators is the largest segment, with a share over 85%. And in terms of application, the largest application is Consumer Electronics, followed by Communication equipment, Wearable Devices, Automotive, etc.
We surveyed the Espresso manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
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