Published on : Sep 08, 2017
Albany, New York, September 8, 2017: The coffee market in U.K. continues to exhibit positive growth despite the recent slump in the household penetration of coffee pod machines. Moreover, increasing popularity of subscription models is likely to resolve the cost related issues. At the same time, introduction of new variety packs featuring coffee that have different origins and roast style are helping brands tap consumers’ desire for coffee adventures in U.K. Consumption of coffee has not only grown in U.K. but all over the world. A freshly complied report has been added to the vast online repository of Market Research Hub (MRH), titled “Coffee - UK - August 2017” that offers an in-depth analysis of the coffee market in the U.K.
In the report, the reader will come across facts and figures that reveal the current market revenue and future growth. Coffee industry has flourished over the past few decade and the trend is expected to continue in the years to come. The report commences with an overview that comprises of an apt definition of the product for the scope of the research. In the following section of the report, readers can access an executive summary, which highlights key segment analysis, drivers, restrains, opportunities and trends. According to the report, consumption of ground coffee and coffee beans will remain robust in U.K. over the next couple of years. While leading chains continue to expand and witness like-for-like sales growth, coffee pods value growth slows on stalling volumes. The report forecast a value growth of U.K. retail sales of coffee till 2022. This growth is attributed to factors such as high consumer preference for coffee, especially among the ageing population and increasing demand for instant coffee that is quick and easy to prepare, offing greater convenience. Instant coffee is the most common drink type in the particular category, with Nestle accounting for a significant market share in the instant coffee segment. Meanwhile, brands and café operators are exploring premium coffee, owing to growing consumer desire for premium-quality coffee.
The next section of the report offers an insightful data on market size and forecast. It includes total U.K. sales of coffee along with forecast (2012-2022). Market factors are also mentioned in the following section aimed assist the readers while making investment strategies. The report finds that growth in hot beverage appliances has slowed down owing to squeezed household incomes. On the other hand, arrival of innovative compostable pod seems to attract consumers who are highly conscious about environment.
The later section of the report comprise of a competitive analysis, which includes current position of leading coffee manufacturers in the U.K. market. This section also includes manufacturers’ sales and shares by value and volume. Some the key market participants are focusing on innovative and different products to improve their market share. For example JDE recently introduced luxury brand L’OR to the U.K. market while Taylors unveils single-origin range. Moreover, the market is also becoming more competitive, as players from other sectors start investing in U.K.’s coffee industry.
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