Spain Coffee Market, By Category (2012-2026)
Synopsis
The above chart is Spain Coffee Market, By Category (2012-2026)
Market Dynamics
spain is one of the largest coffee-producing countries in the world. the spanish coffee market has been on the rise in recent years due to the increasing demand for specialty coffee, convenient and modern coffee shops, and the rising number of cafes. according to a report by global data, the spanish coffee market is expected to witness a steady growth rate of around 3.6% during the forecast period of 2012-2026. this growth can be attributed to various factors such as the evolving coffee culture, increasing disposable incomes, and the country's growing urban population.
when it comes to coffee consumption in spain, there are specific categories that stand out and drive the demand for coffee in the market. these categories are instant coffee, roasted and ground coffee, single-serve coffee, and coffee pods. let's take a closer look at each of these categories and how they contribute to the demand for coffee in spain.
instant coffee has been the most popular category in the spanish coffee market for a long time, accounting for around 57% of the total coffee consumption in the country. this dominance can be attributed to the convenience factor, as instant coffee allows for a quick and easy cup of coffee, making it popular among busy households and workers.
the roasted and ground coffee category holds the second spot in terms of popularity, with around 27% of the market share. this category is driven by the increasing demand for specialty coffee and the growing trend of coffee shops and cafes offering quality freshly brewed coffee. the rise in the number of artisanal coffee roasters and independent cafes has contributed significantly to the growth of this category.
single-serve coffee, also known as coffee capsules, is a relatively newer category in the spanish coffee market, but it is growing at a rapid pace. the convenience, consistency, and customization offered by single-serve coffee machines have made this category popular among busy households and millennials. it is estimated that this category will witness the highest growth rate during the forecast period.
lastly, the coffee pod category is also experiencing steady growth and accounts for around 9% of the market share. this category is driven by the growing trend of eco-friendliness and sustainability, as coffee pods are considered a more environmentally-friendly alternative to single-use plastic cups.
in conclusion, the spanish coffee market is diverse and driven by multiple categories that cater to different consumer preferences. with the country's evolving coffee culture and increasing demand for specialty coffee, the demand for these categories is expected to continue to grow in the coming years.