INDIA PACKAGED COFFEE AND CAFE CHAIN MARKET RESEARCH REPORT - AARKSTORE
This report gives an in-depth analysis of the coffee industry in India. Coffee as a segment has steadily gained a share of total consumer spending on beverages over the last many years. Coffee serves as the first rung on the ladder for young consumers in India, while it reflects growing demand among consumers looking for convenient, decent-quality coffee at home and in the workplace. Opportunities for coffee to gain more popularity among new consumers, as well as reclaim those exiting the category, lies in continued modernism, both in terms of developing new flavors and improving quality.
According to “India Packaged Coffee & Cafe Chain Market Overview”, packaged coffee market is expected to grow at 10-15% CAGR over next five years. The coffee market consists of two categories, one is packaged coffee and the other is coffee shops & cafe market. Instant coffee is creating a huge demand among packaged coffee segment. The convenience, versatility of flavor & format, and branded experience provided by instant coffee enable it to be positioned as a premium hot drink option, particularly for new coffee drinkers in predominantly lower income tea drinking markets. The easy preparation of instant coffee, as well as its aptitude to be tailored to local taste preferences, has made it the coffee of choice in most markets in India. Instant coffee has propelled brands like Nestle, HUL and Tata Coffee in its category. However, filter coffee is also expanding its presence among Indian consumers. The market for filter coffee is predominant in southern India where the competition from the local/regional player is significant.
The RTD market for coffee based beverages is likely to grow, although it is currently at a very nascent stage. However, it is benefited from a range of new product launches towards the end of the review period. These products are mainly consumed by young and middle-aged demographics and tend to be consumed in the mornings as an energy booster. The channel which contributes most to the sales of packaged coffee is traditional retail channels, whereas modern retail is currently at the moderate stage. The growth of cafe chains over the last decade also boosted the visibility and per capita consumption of coffee among Indian consumers. Cafe Coffee Day, Barista and Tata Starbucks are some of the leading players in cafe market. Coffee consumption is higher among southern part of the country. However other regions are expected to increase in term of consumption during the forecast period. Robusta coffee production is much higher than Arabica in India, which is anticipated to increase in the future years.
Key Product Type
• Packaged Coffee
• Coffee Shops & Cafe
BROWSE FULL REPORT @ INDIA PACKAGED COFFEE & CAFE CHAIN MARKET OVERVIEW
TABLE OF CONTENTS
1. Executive Summary
2. Global Coffee Market Outlook
3. India Coffee Market Outlook
4. Company Profiles
5. Disclaimer
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