Europe Ready To Drink Coffee Market
Europe Ready-to-Drink Coffee Market, By Packaging Type (Bottles, Cans); By Product (Cold Brew, Coffee); By Distribution Channel (Supermarket/Hypermarkets, Specialty Stores, Online Stores); By Country (Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, Netherlands, Rest of Europe), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: January 2024
- Report ID: BWC24065
- Available Format: PDF
- Page: 200
Report Overview
Changing consumer lifestyles, an increasing demand for convenience, innovative product offerings, and a growing preference for on-the-go beverages are key driving factors propelling the growth of the Europe Ready-to-Drink Coffee Market during the forecast period between 2024 and 2030.Europe Ready-to-Drink Coffee Market – Industry Trends & Forecast Report, 2030
Europe Ready-to-Drink Coffee Market size was estimated at USD 7.07 billion in 2023. During the forecast period between 2024 and 2029, the size of Europe Ready-to-Drink Coffee Market is projected to grow at a CAGR of 8.02% reaching a value of USD 11.23 billion by 2030. The Europe Ready-to-Drink Coffee Market is propelled by a surge in consumer demand for convenient and on-the-go beverage options. The hectic lifestyle, coupled with the rising preference for ready-to-consume products, has driven the market. Innovations in flavor profiles, packaging, and marketing strategies by key industry players further contribute to the increasing popularity of ready-to-drink coffee in the region. Additionally, growing awareness about health and wellness, coupled with the introduction of premium and functional ingredients, fuel the market expansion. The convenience, variety, and contemporary lifestyle preferences collectively drive the Europe Ready-to-Drink Coffee Market.
Ready-to-Drink (RTD) Coffee – Overview
Ready-to-Drink (RTD) Coffee is a convenient and popular beverage category, offering pre-packaged coffee drinks that require no preparation. These beverages typically combine brewed coffee with various additives like milk, sugar, and flavorings, providing a ready-to-consume option for on-the-go consumers. The market has witnessed significant growth due to the rising demand for convenience, busy lifestyles, and a desire for premium coffee experiences. RTD coffees come in diverse flavors, sizes, and formulations, appealing to a wide range of preferences. Major coffee brands and new entrants continue to innovate, contributing to the dynamic and expanding landscape of the RTD coffee market.
Europe Ready-to-Drink Coffee Market
Growth Drivers
Rapid Lifestyle
Amidst increasingly busy lifestyle of consumers, the Europe Ready-to-Drink Coffee Market experiences a robust growth driver as consumers seek convenient and on-the-go beverage solutions. With an increasing demand for hassle-free options, the market witnesses a surge in popularity, driven by the need for quick, portable, and satisfying coffee experiences. The trend underscores a dynamic shift in consumer preferences towards products that seamlessly align with contemporary, fast-paced living, propelling the market to new heights.
Challenges
Limited Shelf Life
In a brewing challenge for the European Ready-to-Drink Coffee Market, the limited shelf life of these beverages emerges as a significant restraint. Consumer demand for freshness poses hurdles for manufacturers, necessitating efficient distribution systems and innovative preservation methods. This constraint prompts industry players to rethink strategies, emphasizing rapid delivery and shelf-friendly packaging to overcome the hurdle of limited shelf life and ensure sustained market success.
Impact of Escalating Geopolitical Tensions on Europe Ready-to-Drink Coffee Market
Escalating geopolitical tensions, notably the Russia-Ukraine war significantly affected the Europe Ready-to-Drink (RTD) Coffee Market. The conflict disrupted supply chains, causing coffee price fluctuations due to increased transportation costs and political uncertainties. As geopolitical tensions persisted, consumer confidence waned, leading to decreased spending on non-essential items, including RTD coffee. Import-export challenges further hindered market growth. Additionally, economic sanctions and fluctuating currencies affected production costs, impacting profit margins for market players. In this volatile environment, the Europe RTD Coffee Market faced challenges in maintaining stability, adaptability, and sustained consumer demand. The ongoing geopolitical situation remains a key determinant in shaping the market's future trajectory.
Europe Ready-to-Drink Coffee Market
Segmental Coverage
Europe Ready-to-Drink Coffee Market – By Packaging Type
Based on packaging type, Europe Ready-to-Drink Coffee Market is divided into Bottles and Cans segments. The bottles segment is a larger packaging type in the Europe Ready-to-Drink Coffee Market. Bottled ready-to-drink coffee products have gained significant popularity, driven by consumer preferences for convenience and on-the-go consumption. The segment's dominance is attributed to easy portability, diverse product offerings, and a growing trend toward healthier beverage options. Therefore, the bottles segment stands out as the leading category in the European Ready-to-Drink Coffee Market, reflecting the evolving preferences of consumers in the region.
Europe Ready-to-Drink Coffee Market – By Product
By product, Europe Ready-to-Drink Coffee Market is divided into Cold Brew and Coffee segments. The cold brew segment stands out as a major product, dominating the market. The popularity of cold brew reflects the growing consumer preference for refreshing and convenient coffee options. The segment's prominence signifies a shift in beverage trends, with a substantial market share attributed to the unique brewing method and the appeal of a ready-to-consume, chilled coffee experience. As consumers seek innovative and on-the-go alternatives, the cold brew segment continues to lead, shaping the landscape of the Europe Ready-to-Drink Coffee Market.
Europe Ready-to-Drink Coffee Market – By Distribution Channel
Based on distribution channel, Europe Ready-to-Drink Coffee Market is divided into Supermarket/Hypermarkets, Specialty Stores, and Online Stores segments. The supermarket/hypermarkets segment is the largest distribution channel in the Europe Ready-to-Drink Coffee Market. These retail channels play a dominant role in the distribution of ready-to-drink coffee products, attracting a significant consumer base. The convenience and accessibility offered by supermarkets/hypermarkets contribute to their prominence in the market, making them the primary choice for consumers seeking ready-to-drink coffee options in the European region.
Europe Ready-to-Drink Coffee Market – By Country
Based on country, Europe Ready-to-Drink Coffee Market is divided into Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, the Netherlands, and Rest of Europe. Germany is the leading country in the Europe Ready-to-Drink Coffee Market, contributing significantly to the region's market share. With a robust coffee culture and a growing preference for convenient beverage options, Germany stands out as a key market player. Its strong economic presence and consumer demand make it a dominant force in the Ready-to-Drink Coffee market, leading the way among countries like the United Kingdom, Italy, France, Spain, Belgium, Russia, the Netherlands, and Rest of Europe.
Competitive Landscape
Major players in the Europe Ready-to-Drink Coffee Market include Starbucks Coffee, Coca-Cola, Luigi Lavazza S.p.A, Emmi Group, JAB Holding Company, Suntory Beverage and Food, Asahi Group Holdings, Ltd, Royal FrieslandCampina N.V, and Arla Foods. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the Europe Ready-to-Drink Coffee Market.
Recent Developments
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In June 2022 - Starbucks extended its ready-to-drink coffee offering and introduced a limited-edition Frappuccino Toffee Honeycomb. The Frappuccino Toffee Honeycomb chilled coffee comes in a recyclable glass bottle and is available now for GBP 2.10.
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In May 2022: Costa Coffee and Coca-Cola Europacific Partners (CCEP) introduced a line of ready-to-drink Frappés to attract more millennials to the chain's rising-profit RTD coffee sector. The line includes two flavors, Chocolate Fudge Brownie and Caramel Swirl. It was introduced at groceries, wholesale, and convenience stores.
Scope of report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2023 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, Netherlands, Rest of Europe |
Product/Service Segmentation |
Packaging Type, Product, Distribution Channel, Country |
Key Players |
Starbucks Coffee, Coca-Cola, Luigi Lavazza S.p.A, Emmi Group, JAB Holding Company, Suntory Beverage and Food, Asahi Group Holdings, Ltd, Royal FrieslandCampina N.V, Arla Foods |
By Packaging Type
-
Bottles
-
Cans
By Product
-
Cold Brew
-
Coffee
By Distribution Channel
-
Supermarket/Hypermarkets
-
Specialty Stores
-
Online Stores
By Country
-
Germany
-
United Kingdom
-
Italy
-
France
-
Spain
-
Belgium
-
Russia
-
The Netherlands
-
Rest of Europe
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Europe Ready-to-Drink Coffee Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Increasing busy lifestyles and convenience
- Changing consumer preferences and flavor variety
- Restraints
- Rising production costs
- Opportunities
- Product innovation and premiumization
- Challenges
- Limited shelf life
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Europe Ready-to-Drink Coffee Market Overview
- Market Packaging Type & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Packaging Type
- Bottles
- Cans
- Others
- By Product
- Cold Brew
- Coffee
- By Distribution Channel
- Supermarket/Hypermarkets
- Specialty Stores
- Online Stores
- By Country
- Germany
- United Kingdom
- Italy
- France
- Spain
- Belgium
- Russia
- The Netherlands
- Rest of Europe
- By Packaging Type
- Market Packaging Type & Forecast, 2019–2030
- Germany Ready-to-Drink Coffee Market
- Market Packaging Type & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Packaging Type
- By Product
- By Distribution Channel
- Market Packaging Type & Forecast, 2019–2030
- United Kingdom Ready-to-Drink Coffee Market
- Market Packaging Type & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Packaging Type
- By Product
- By Distribution Channel
- Market Packaging Type & Forecast, 2019–2030
- Italy Ready-to-Drink Coffee Market
- Market Packaging Type & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Packaging Type
- By Product
- By Distribution Channel
- Market Packaging Type & Forecast, 2019–2030
- France Ready-to-Drink Coffee Market
- Market Packaging Type & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Packaging Type
- By Product
- By Distribution Channel
- Market Packaging Type & Forecast, 2019–2030
- Spain Ready-to-Drink Coffee Market
- Market Packaging Type & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Packaging Type
- By Product
- By Distribution Channel
- Market Packaging Type & Forecast, 2019–2030
- Belgium Ready-to-Drink Coffee Market
- Market Packaging Type & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Packaging Type
- By Product
- By Distribution Channel
- Market Packaging Type & Forecast, 2019–2030
- Russia Ready-to-Drink Coffee Market
- Market Packaging Type & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Packaging Type
- By Product
- By Distribution Channel
- Market Packaging Type & Forecast, 2019–2030
- The Netherlands Ready-to-Drink Coffee Market
- Market Packaging Type & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Packaging Type
- By Product
- By Distribution Channel
- Market Packaging Type & Forecast, 2019–2030
- Rest of Europe Ready-to-Drink Coffee Market
- Market Packaging Type & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Packaging Type
- By Product
- By Distribution Channel
- Market Packaging Type & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Offerings
- Europe Ready-to-Drink Coffee Company Market Share Analysis, 2023
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions on Europe Ready-to-Drink Coffee Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- Starbucks Coffee
- Coca-Cola
- Luigi Lavazza S.p.A
- Emmi Group
- JAB Holding Company
- Suntory Beverage and Food
- Asahi Group Holdings, Ltd
- Royal FrieslandCampina N.V
- Arla Foods
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Country
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Europe Ready-to-Drink Coffee Segmentation
Figure 2 Europe Ready-to-Drink Coffee Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Europe Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Figure 5 Europe Ready-to-Drink Coffee Market Share, By Packaging Type, By Value, 2019–2030
Figure 6 Europe Ready-to-Drink Coffee Market Share, By Product, By Value, 2019–2030
Figure 7 Europe Ready-to-Drink Coffee Market Share, By Distribution Channel, By Value, 2019–2030
Figure 8 Europe Ready-to-Drink Coffee Market Share, By Country, By Value, 2019–2030
Figure 9 Germany Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Figure 10 Germany Ready-to-Drink Coffee Market Share, By Packaging Type, By Value, 2019–2030
Figure 11 Germany Ready-to-Drink Coffee Market Share, By Product, By Value, 2019–2030
Figure 12 Germany Ready-to-Drink Coffee Market Share, By Distribution Channel, By Value, 2019–2030
Figure 13 United Kingdom Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Figure 14 United Kingdom Ready-to-Drink Coffee Market Share, By Packaging Type, By Value, 2019–2030
Figure 15 United Kingdom Ready-to-Drink Coffee Market Share, By Product, By Value, 2019–2030
Figure 16 United Kingdom Ready-to-Drink Coffee Market Share, By Distribution Channel, By Value, 2019–2030
Figure 17 Italy Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Figure 18 Italy Ready-to-Drink Coffee Market Share, By Packaging Type, By Value, 2019–2030
Figure 19 Italy Ready-to-Drink Coffee Market Share, By Product, By Value, 2019–2030
Figure 20 Italy Ready-to-Drink Coffee Market Share, By Distribution Channel, By Value, 2019–2030
Figure 21 France Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Figure 22 France Ready-to-Drink Coffee Market Share, By Packaging Type, By Value, 2019–2030
Figure 23 France Ready-to-Drink Coffee Market Share, By Product, By Value, 2019–2030
Figure 24 France Ready-to-Drink Coffee Market Share, By Distribution Channel, By Value, 2019–2030
Figure 25 Spain Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Figure 26 Spain Ready-to-Drink Coffee Market Share, By Packaging Type, By Value, 2019–2030
Figure 27 Spain Ready-to-Drink Coffee Market Share, By Product, By Value, 2019–2030
Figure 28 Spain Ready-to-Drink Coffee Market Share, By Distribution Channel , By Value, 2019–2030
Figure 29 Belgium Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Figure 30 Belgium Ready-to-Drink Coffee Market Share, By Packaging Type, By Value, 2019–2030
Figure 31 Belgium Ready-to-Drink Coffee Market Share, By Product, By Value, 2019–2030
Figure 32 Belgium Ready-to-Drink Coffee Market Share, By Distribution Channel, By Value, 2019–2030
Figure 33 Russia Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Figure 34 Russia Ready-to-Drink Coffee Market Share, By Packaging Type, By Value, 2019–2030
Figure 35 Russia Ready-to-Drink Coffee Market Share, By Product, By Value, 2019–2030
Figure 36 Russia Ready-to-Drink Coffee Market Share, By Distribution Channel, By Value, 2019–2030
Figure 37 The Netherlands Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Figure 38 The Netherlands Ready-to-Drink Coffee Market Share, By Packaging Type, By Value, 2019–2030
Figure 39 The Netherlands Ready-to-Drink Coffee Market Share, By Product, By Value, 2019–2030
Figure 40 The Netherlands Ready-to-Drink Coffee Market Share, By Distribution Channel, By Value, 2019–2030
Figure 41 Rest of Europe Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Figure 42 Rest of Europe Ready-to-Drink Coffee Market Share, By Packaging Type, By Value, 2019–2030
Figure 43 Rest of Europe Ready-to-Drink Coffee Market Share, By Product, By Value, 2019–2030
Figure 44 Rest of Europe Ready-to-Drink Coffee Market Share, By Distribution Channel, By Value, 2019–2030
List of Tables
Table 1 Europe Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Table 2 Europe Ready-to-Drink Coffee Market Size, By Packaging Type, By Value, 2019–2030
Table 3 Europe Ready-to-Drink Coffee Market Size, By Product, By Value, 2019–2030
Table 4 Europe Ready-to-Drink Coffee Market Size, By Distribution Channel, By Value, 2019–2030
Table 5 Europe Ready-to-Drink Coffee Market Size, By Country, By Value, 2019–2030
Table 6 Germany Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Table 7 Germany Ready-to-Drink Coffee Market Size, By Packaging Type, By Value, 2019–2030
Table 8 Germany Ready-to-Drink Coffee Market Size, By Product, By Value, 2019–2030
Table 9 Germany Ready-to-Drink Coffee Market Size, By Distribution Channel, By Value, 2019–2030
Table 10 United Kingdom Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Table 11 United Kingdom Ready-to-Drink Coffee Market Size, By Packaging Type, By Value, 2019–2030
Table 12 United Kingdom Ready-to-Drink Coffee Market Size, By Product, By Value, 2019–2030
Table 13 United Kingdom Ready-to-Drink Coffee Market Size, By Distribution Channel, By Value, 2019–2030
Table 14 Italy Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Table 15 Italy Ready-to-Drink Coffee Market Size, By Packaging Type, By Value, 2019–2030
Table 16 Italy Ready-to-Drink Coffee Market Size, By Product, By Value, 2019–2030
Table 17 Italy Ready-to-Drink Coffee Market Size, By Distribution Channel, By Value, 2019–2030
Table 18 France Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Table 19 France Ready-to-Drink Coffee Market Size, By Packaging Type, By Value, 2019–2030
Table 20 France Ready-to-Drink Coffee Market Size, By Product, By Value, 2019–2030
Table 21 France Ready-to-Drink Coffee Market Size, By Distribution Channel, By Value, 2019–2030
Table 22 Spain Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Table 23 Spain Ready-to-Drink Coffee Market Size, By Packaging Type, By Value, 2019–2030
Table 24 Spain Ready-to-Drink Coffee Market Size, By Product, By Value, 2019–2030
Table 25 Spain Ready-to-Drink Coffee Market Size, By Distribution Channel , By Value, 2019–2030
Table 26 Belgium Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Table 27 Belgium Ready-to-Drink Coffee Market Size, By Packaging Type, By Value, 2019–2030
Table 28 Belgium Ready-to-Drink Coffee Market Size, By Product, By Value, 2019–2030
Table 29 Belgium Ready-to-Drink Coffee Market Size, By Distribution Channel, By Value, 2019–2030
Table 30 Russia Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Table 31 Russia Ready-to-Drink Coffee Market Size, By Packaging Type, By Value, 2019–2030
Table 32 Russia Ready-to-Drink Coffee Market Size, By Product, By Value, 2019–2030
Table 33 Russia Ready-to-Drink Coffee Market Size, By Distribution Channel, By Value, 2019–2030
Table 34 The Netherlands Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Table 35 The Netherlands Ready-to-Drink Coffee Market Size, By Packaging Type, By Value, 2019–2030
Table 36 The Netherlands Ready-to-Drink Coffee Market Size, By Product, By Value, 2019–2030
Table 37 The Netherlands Ready-to-Drink Coffee Market Size, By Distribution Channel, By Value, 2019–2030
Table 38 Rest of Europe Ready-to-Drink Coffee Market Size, By Value (USD Billion), 2019–2030
Table 39 Rest of Europe Ready-to-Drink Coffee Market Size, By Packaging Type, By Value, 2019–2030
Table 40 Rest of Europe Ready-to-Drink Coffee Market Size, By Product, By Value, 2019–2030
Table 41 Rest of Europe Ready-to-Drink Coffee Market Size, By Distribution Channel, By Value, 2019–2030
Table 42 Starbucks Coffee Company Overview
Table 43 Starbucks Coffee Financial Overview
Table 44 Coca-Cola Company Overview
Table 45 Coca-Cola Financial Overview
Table 46 Luigi Lavazza S.p.A Company Overview
Table 47 Luigi Lavazza S.p.A Financial Overview
Table 48 Emmi Group Company Overview
Table 49 Emmi Group Financial Overview
Table 50 JAB Holding Company - Company Overview
Table 51 JAB Holding Company Financial Overview
Table 52 Suntory Beverage and Food Company Overview
Table 53 Suntory Beverage and Food Financial Overview
Table 54 Asahi Group Holdings, Ltd Company Overview
Table 55 Asahi Group Holdings, Ltd Financial Overview
Table 56 Royal FrieslandCampina N.V Company Overview
Table 57 Royal FrieslandCampina N.V Financial Overview
Table 58 Arla Foods Company Overview
Table 59 Arla Foods Financial Overview
Market Segmentation
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