UK Coffee Market, By Category (2012-2026)
Synopsis
The above chart is UK Coffee Market, By Category (2012-2026)
Market Dynamics
The uk coffee market has experienced significant growth in recent years, driven by strong demand for specialty and gourmet coffee products. this demand is expected to continue in the coming years, with the market projected to reach a value of £3.7 billion by 2026.
one of the key drivers of this demand is the growing coffee culture in the uk. coffee has become an integral part of daily life for many brits, with over 80% of the population consuming coffee regularly. this has led to an increase in demand for high-quality, artisanal and specialty coffee, as consumers become more educated and discerning about their coffee preferences.
within the uk coffee market, there are several different categories that have emerged to meet the varying demands and preferences of consumers. one such category is the traditional coffee segment, which includes coffee such as instant, premium, and ground coffee. this category has remained steady in recent years but is expected to see slower growth compared to other categories due to the rising popularity of alternative coffee options.
another category that has seen significant growth is the out-of-home or café segment. this includes coffee from various outlets such as coffee shops, cafes, and restaurants. with the rise of on-the-go lifestyles and a shift towards experiences over material possessions, consumers are increasingly visiting cafes for their coffee fix. this has led to a rise in the number of cafés and coffee shops in the uk, which has further fueled the demand for coffee in this category.
the specialty coffee segment has also seen a surge in popularity in the uk. this includes artisanal, single-origin, and premium coffees that cater to a more sophisticated and premium palate. this category has seen significant growth in recent years, with consumers willing to pay a premium for high-quality and ethically-sourced products. this trend is driven by increasing health consciousness and a desire for sustainable and environmentally-friendly choices.
additionally, the pod and capsule category has also seen growth in recent years. with its convenience and ease of use, this segment has become popular among busy consumers who still want to enjoy a high-quality cup of coffee at home. this category is expected to continue to gain traction in the coming years, with the introduction of new and innovative products.
overall, the uk coffee market is expected to flourish in the coming years, with the growth of various categories catering to the diverse preferences of consumers. with a strong coffee culture and a growing demand for quality and convenience, the future looks bright for the uk coffee market. however, with increasing competition and the rise of alternative products such as tea and energy drinks, companies will need to continue to innovate and adapt to stay ahead in this dynamic market.