The specialty coffee market share was valued at USD 30.45 Billion in 2021 and is projected to reach USD 74.32 Billion by 2028. It is expected to grow at a CAGR of 14.5% from 2021 to 2028.
Specialty coffee is the highest grade coffee that is currently offered. It often uses single origin or single estate coffee and involves the full supply chain. Specialty coffee is defined as coffee that receives 80 or more points on the Coffee Review’s 100-point scale. Specialty coffee is coffee that is grown and brewed to exceptionally high standards compared to standard coffee. The phrase was first used by Erna Knutsen in a 1974 issue of Tea & Coffee Trade Journal. Specialty coffee contains significant amounts of minerals and antioxidants that promote a better lifestyle. The desire for speciality coffee is positively influenced by aspects like cost, appropriateness, and proper brewing methods. This coffee provides a number of advantages, including increased energy levels,
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Some of the key players operating in the global speciality coffee market include:
- Dunkin’ Brands Group
- Starbucks
- Coffee Beane Peet’s Coffee
- Whitbread
- Barista
- Restaurant Brands International
- Tea and Global Baristas US
- McDonald’s
- Caribou Coffee
- Caffe Nero
- Keurig Green Mountain
- Coffee Day Enterprises
- Eight O’Clock Coffee
- Blue Bottle
- M. Smucker
- Jammin Java Group
- Don Fransisco’s Coffee
- Costa
- Bulletproof
- Strauss
- Stumptown
- Gevelia
- Others
- Other Players
Segments
By Grades
- 90-100
- 85-89.99
- 80-84.99
By Application
- Commercial
- Household
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