Caffe Latte Market

Global Caffe Latte Market Size (2024 to 2029)

The Global Caffe Latte market is predicted to reach USD 14.38 billion in 2024 and USD 25.76 billion by 2029, growing at a CAGR of 12.37% during the forecast period.

MARKET OVERVIEW

The market is driven by various components, not many of which are the developing interest for guaranteed espresso items, the acknowledgment of single-serve espresso blending frameworks by shoppers, and consistent advancement driven by significant parts in the latte market. In developed economies, some consumers are expected to switch from instant coffee to more premium options for quality and taste reasons. Instant coffee was once viewed as an exceptional item, yet it has begun to lose its more youthful shopper base, changing the elements of the market. As per latte creation, nations like Brazil and Vietnam speak to the biggest portion by volume because of the correct conditions for development. With the creation of 3.6 billion metric loads of green espresso, Brazil is the world's biggest maker, trailed by Vietnam, Colombia, Indonesia, and Ethiopia. The size of the worldwide coffee market is relied upon to keep on developing consistently throughout the following 4-5 years as the populace increments will consistently expand the number of members in the world. Millennials are increasingly willing to spend on beverages and coffee brands, which is driving the growth of the organic coffee market. The popularity and availability of high-quality specialty coffee products with flavors and aromas are expected to fuel the influx of millennials into coffee shops. Due to these factors, our coffee industry analysis predicts that the global café latte market will grow with a considerable share over the forecast period. For a creamy delight, Café Latte starts with a dose of deep, dark espresso, then mixes with steamed milk for a smoother, slightly sweet treat. Convenient forms of coffee, such as coffee pods and RTD coffee, are becoming increasingly popular with the masses (especially in North America and Western Europe) for making great coffee from the comfort of home in less time.

MARKET DRIVERS AND RESTRAINTS

In recent years, consumers have become increasingly aware of the manufacture of the products they buy and where their purchases come from. This is especially true in the food and beverage supply chain, and coffee is no different.

UTZ aims to make sustainable agriculture a standard, encouraging farmers to implement environmentally friendly agricultural practices and to manage their farms profitably with respect for coffee consumers and nature. Various coffee certification organizations are dedicated to monitoring production procedures and the coffee supply chain. The increasing world population coupled with hectic lifestyles is promoting the adoption of coffee and its variants like café latte. The developments in the retail sector and the expansion of the HoReCa sector are majorly supporting the sales in the café latte market. Excessive consumption of caffeinated beverages has been shown to correlate with higher rates of heart attack in this age group by overstimulating the heart muscle. While the morning cup of coffee can provide an extra boost of energy as you get away, it can interfere with your body's ability to settle in during the night.

REPORT COVERAGE: 

SEGMENTAL ANALYSIS 

Global Cafe Latte Market By Application

The popularity and availability of high-quality specialty coffee products with flavors and aromas are expected to fuel the influx of millennials into coffee shops. Due to these factors, our coffee industry analysis predicts that the global café latte market will grow with a considerable share over the forecast period. For a creamy delight, Café Latte starts with a dose of deep, dark espresso, then mixes with steamed milk for a smoother, slightly sweet treat.

Global Cafe Latte Market By Products

In Italy, cafè latte is almost always made at home, just for breakfast. Coffee is made with a mocha pot on the stove and poured into a mug of hot milk. Unlike the international form, the coffee from the Italian original is generally not foamed, and the drinker adds sugar, if necessary.

REGIONAL ANALYSIS

According to a survey conducted by the Institute for Scientific Information on Coffee (ISIC), 68% of respondents said that they often consume coffee while working. This pattern is creating an extraordinary interest in café lattes in European nations, for example, Germany, Italy, Spain, the United Kingdom, and others, as customers are progressively mindful of the nature of their espresso. Additionally, advancements in technology (such as tabletop machines and traceability tools) are paving the way for bean cup solutions. The German market for coffee pods and capsules is heavily dominated by Nestlé's Nespresso, with its wide range of products throughout the country. Keurig Green Mountain converged with JAB holding with the point of extending its quality. Roughly 24.1% of long-term need to attempt various sorts of coffees and recipes and need variety in this business.

KEY PLAYERS IN THE GLOBAL CAFE LATTE MARKET

Key market players of Cafe Latte Market are Starbucks, Costa Coffee, McCafé, Tim Horton’s, Gloria Jeans, Dunkin Donuts, Peet’s Coffee, Lavazza, Caribou Coffee, Nescafe, Folgers, Keurig, Maxwell House, Eight O’clock, Gevalia, Bru Coffee, Luckin Coffee.

RECENT HAPPENINGS IN THE MARKET

• Ahead of the holiday season, Costa Coffee is launching a new line of limited-edition hot beverages featuring some of the country's favorite chocolate beverages.
• McDonald's relies on coffee products to improve sales in developed nations like the United States.

DETAILED SEGMENTATION OF GLOBAL CAFE LATTE MARKET INCLUDED IN THIS REPORT    

This research report on the global Cafe Latte Market has been segmented and sub-segmented based on Product, distribution channel & region

By Product

• Traditional Style Cappuccino
• Wet Cappuccino
• Dry Cappuccino
• Flavored Cappuccino
• Iced Cappuccinos

By Distribution Channel

• Restaurants
• Coffeehouses
• Vending Machines
• Others

By Region

• North America
• Europe
• Apac
• Latin America
• Middle East
• Africa