What is Caffe Latte Market?
Caffe Latte is a milky coffee manufactured from creamed milk and coffee. It is being known by several names across the globe. It is consumed in both hot and cold forms. Over the past few decades, due to increasing awareness about the health benefits of caffeine consumption, the global caffe latte market will show lucrative growth over the forecasted period. and In addition to this, increasing demand through online portals has simplified international trading solutions, which will also assist in business growth. However, the availability of cheaper substitute beverages such as tea, energy drinks, and cold drinks might stagnate the demand for Caffe Latte.
The market study is being classified by Type (Traditional Style Cappucino, Wet Cappucino, Dry Cappucino, Flavored Cappucino and Iced cappuccinos), by Application (Drink To Go, Takeaway, Restaurant Service, Coffeehouse Service, Personal Use, Office Use, Supermarkets Service, Convenience Stores Service and Vending Machines Service) and major geographies with country level break-up.
Starbucks Corporation (United States), Innovative Beverage Concepts Inc (United States), Kraft Heinz Company (United States), Brad Barry Company (United States), Vita Coco (All Market Inc.) (Brazil), Weebly (Square) (United States), The Coca-Cola Company (United States), Dunkin' Brands (United States), Nestle SA (Switzerland) and Luigi Lavazza S.p.A (Italy) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Keurig Dr Pepper (United States) and Jacobs Douwe Egberts (Netherlands).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Caffe Latte market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Caffe Latte market by Type, Application and Region.
On the basis of geography, the market of Caffe Latte has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Upsurging Caffeine Consumption across the Globe
- Growing Adoption of Out-of-Home Coffee Drinking due to Increasing Disposable Incomes across the Globe
- Changing Consumer Preference and Easy and Wide Availability of Caffe Latte
- Introduction to Highly Automated Creamer Machines
- Comparatively Expensive than Conventional Coffee Beverages
- Availability of Substitute Products Such as Tea, Energy Drink, among Others
- Numerous Health Benefits Associated with Coffee Consumption
- Growing Marketing and Sales through Various Online Platforms will Increase the Demand
- Overconsumption of Caffeine leads to Serious Health Effects
- Stringent Food and Beverage Industry Regulations
On Friday, November 15, 2019, Starbucks Coffee Company has opened Starbucks Reserve Roastery Chicago Located in North Michigan Avenue and Erie Street on Chicago’s Magnificent Mile, the opening of Chicago Reserve Roastery marks Starbucks sixth global Roastery. The Chicago Roastery joins locations in Seattle, Shanghai, Milan, New York, and Tokyo.
Key Target AudienceCaffe Latte Manufacturers, Caffe Latte Distributors and Traders, Food and Beverage Industry Associations, Coffee Machine Manufacturers, Government Agencies, Research and Development Institutes, Upstream and Downstream buyers and Others