Europe Coffee Market Outlook, 2029

Coffee Market Analysis

With a legacy deeply rooted in coffee culture, Europe has long been a hub for coffee enthusiasts, connoisseurs, and aficionados alike. From the historic cafes of Vienna to the bustling espresso bars of Italy, the continent boasts a diverse tapestry of coffee traditions, rituals, and experiences. Today, the European coffee market continues to thrive, propelled by a combination of factors including urbanisation, changing lifestyles, and a growing appreciation for specialty coffee. As consumers seek out high-quality, ethically sourced beans and innovative brewing methods, the European coffee landscape undergoes a transformation, characterised by a proliferation of artisanal cafes, specialty roasters, and third-wave coffee shops. In 2020, over 1.9 million metric tonnes of coffee were produced in rope. With an approximate yearly per capita consumption of little over 5 kg of coffee, the European Union (EU) leads the globe in this regard. Additionally, the world's biggest exporter of roasted coffee is Europe. Europe exported more than a million metric tonnes of coffee in 2021. From 2017 to 2021. This is mostly due to the robust increase in customer spending at specialty coffee shops in Western Europe, where the focus is mostly on serving high-quality coffee. In Western Europe, there were more specialty coffee shops in 2020—above 24,000—than there were in 2018. This rise occurred between 2018 and 2020. More than €5 billion was sold in coffee shops around Europe in that same year. In recent years, Europe has witnessed the rise of the specialty coffee movement, with a growing emphasis on quality, sustainability, and traceability in coffee production and consumption. Third-wave coffee shops, specialty roasters, and barista competitions have proliferated, appealing to a new generation of coffee enthusiasts seeking unique and ethically sourced beans. Throughout Europe, iconic coffee establishments preserve centuries-old traditions and serve as cultural landmarks. From the historic cafes of Vienna frequented by luminaries like Freud and Trotsky to the literary cafes of Paris frequented by Hemingway and Sartre, these establishments continue to inspire and enchant visitors with their timeless charm. According to the research report "Europe Coffee Market Outlook, 2029," published by Bonafide Research, the Europe coffee market is projected to add more than USD 15 Billion from 2024 to 2029. Europe has a long-standing tradition of coffee consumption, and the market continues to grow steadily as coffee consumption per capita rises. With coffee ingrained in daily rituals and social interactions, Europeans consistently demonstrate a high demand for coffee products. European consumers exhibit a strong preference for premium and gourmet coffee products, including single-origin beans, specialty blends, and artisanal brewing methods. This trend towards quality and authenticity fuels the growth of the specialty coffee segment in Europe. Cafe culture is deeply ingrained in European society, driving significant out-of-home coffee consumption. European cities are dotted with cafes and coffee shops where consumers gather to socialise, work, or relax, contributing to the overall growth of the coffee market. With busy lifestyles and increasing urbanisation, convenience plays a significant role in driving coffee consumption in Europe. Ready-to-drink coffee products, takeaway options, and coffee vending machines cater to consumers seeking quick and convenient caffeine fixes on the go. Health-conscious consumers are driving demand for healthier coffee options, such as low-acid coffees, organic coffee, and plant-based milk alternatives. Additionally, functional coffee products infused with vitamins, antioxidants, and adaptogens appeal to consumers seeking wellness benefits from their coffee consumption. The rise of the specialty coffee movement has significantly impacted the European market. Consumers are increasingly seeking high-quality, ethically sourced coffee beans, driving demand for specialty coffee shops, artisanal roasters, and premium coffee products.