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Specialty Coffee Market 2019Specialty coffee, as the name implies is a special coffee that’s been consistently existing through the dedication and love of people who have made its quality their life’s highest priority. It is a term that is used for the highest quality of coffee beans available globally. And typically, it relates to the whole supply chain. This is more commonly sold and consumed in the North American region. The specialty coffee also refers to a modern demand for a quality and exceptional coffee, both brewed and farmed in order to offer a significantly higher standard than the average coffee taste.
The major manufacturers in global Specialty Coffee market include:
Eight O'Clock Coffee
J.M. Smucker
Lavazza
Keurig Green Mountain
Bulletproof
Caribou Coffee
Don Francisco's Coffee
Gevalia
Jammin Java Corp.
Peet's Coffee & Tea
The Coffee Bean & Tea Leaf
Strauss Group
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For specialty coffee, the most important product is the coffee beans which a producer spends years and generations to perfect the taste and quality desired. These beans are grown in select climates and altitudes and then they are nurses for months before the harvesting. After the harvesting, they are then refined and perfected. For the specialty coffee consumers and producers, it’s the quality and not the quantity that matters the most. Hence, in this industry, the driving factor of growth for manufacturers is their ability at connecting with quality-minded consumers, which ensures a higher profit options for the producers.
After the refining, the specialty coffee is transferred for special roasting where they undergo hours of course work for thorough application of thermodynamic, heat transfer, and coffee chemistry – all placed together to make sure all the desired flavors are transferred in the final roasted bean.
Market Segmentation
The market segmentation of specialty coffee can be done on the basis of coffee drinks that can be prepared through these beans. Like all the other beans available around the world, great many drinks or varieties of coffee can be made through these beans. But the only difference is taste par excellence, and the most premium quality. Some of the common drinks that can be made through these especially coffee beans are Americano, Long Black, Macchiato, Cortado, Breve, Cappuccino, Cafe Latte, and Mocha.
Regional Overview
In the North American and Australian regions, the specially coffee is highly demanded. These countries are already the major manufacturers and the consumers of 30% of the total coffee consumption. In North America, the market is segmented in the following regions; Mexico, Jamaica, Canada, Bermuda, Bonaire, Dominica, United States of America, and US Virgin Islands. In South America, maximum consumption is in the following states: Argentina, Bolivia, Peru, Ecuador, Chile, Venezuela, Suriname, Peru, and Colombia. And in Australia, most of the manufacturing and supply units are in New Zealand, Solomon Islands, and Tonga. In Asia, highest demand is in India, China, Indonesia, Pakistan, Maldives, Nepal, Afghanistan, Sri Lanka and Bangladesh.
Industry News
A recent study done of specialty coffee cost for a new startup reported that for a normal barista or coffee outlet to add a specialty coffee, they will need about $25,000. That’s the cost to invest if a business wants to venture in this category of coffee, but if they have some equipment, amount can be less.
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Table of Contents –Analysis of Key Points
1 Market Overview
2 Manufacturers Profiles
3 Global Specialty Coffee Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
4 Global Specialty Coffee Market Analysis by Regions
5 North America Specialty Coffee by Country
6 Europe Specialty Coffee by Country
7 Asia-Pacific Specialty Coffee by Country
8 South America Specialty Coffee by Country
9 Middle East and Africa Specialty Coffee by Countries
10 Global Specialty Coffee Market Segment by Type
11 Global Specialty Coffee Market Segment by Application
12 Specialty Coffee Market Forecast (2019-2025)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
List of Tables and Figures
Continued…..
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