(MENAFN- GlobeNewsWire - Nasdaq) “Starbucks aims to open 1,000 stores in India by 2028, tapping into the booming coffee market in tier-2 and tier-3 cities”

Canada, Toronto, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Introspective Market Research is pleased to announce the publication of its latest report, Retail Coffee Chains Market . This in-depth analysis shows that the Global Retail Coffee Chains Market , valued at USD 115.84 Billion in 2023, is set for substantial growth and is projected to reach USD 176.65 Billion by 2032 . This anticipated expansion reflects a strong CAGR of 4.80% from 2024 to 2032.

Retail coffee chains are companies specializing in the sale of coffee and coffee-related products in a number of locations, often employing a uniform method. Chains provide a variety of coffee drinks, baked goods, and merchandise in a consistent and widespread format that is easy for customers to access. Chains emphasize quality, convenience, and speed while offering familiarity in different locations. The market for retail coffee chains is a dynamic and competitive part of the global coffee market. With brands such as Starbucks, Costa Coffee, and Dunkin', the market satisfies growing demand for high-quality coffee experiences and convenient access to caffeine.

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Key Industry Insights Driver:

Increasing Demand for Convenient and Quality Coffee Beverages

The increasing need for quality and convenient coffee drinks is significantly driving the retail coffee chains market. The need for premium coffee experience that can keep up with the busy lives of consumers is stimulating the growth of chains providing on-the-go drinks. The trend towards specialty coffee blends, personalized offerings, and new flavors has also contributed to market growth. Moreover, the ease of ordering and delivery through digital means increases customer experience and satisfaction. The changing trend reflects the market's emphasis on providing quality and convenience to suit various consumer demands.

Restraints:

Intense Competition From Established Chains

Strong competition from well-established chains presents a major limitation in the retail coffee chains sector. Leading companies with strong brand awareness, dedicated customer followings, and wide-ranging store networks establish hurdles for new entrants and smaller rivals. These well-established chains frequently utilize economies of scale, sophisticated marketing tactics, and strong supply chains to sustain their competitive advantage. Consequently, new brands encounter difficulties in gaining market share and asserting their presence. This intense rivalry compels businesses to innovate and stand out in order to draw in and keep customers within a crowded market environment.

Challenges:

Consumer Preference Shifts

Shifting consumer preferences are also a big headwind for the sector, retail coffee chains. Health-conscious consumers are increasingly looking for low-calorie, plant-based and organic beverage alternatives, which could diminish the desirability of traditional coffee products. There is also growing consumer demand for sustainable and ethically sourced coffee products, prompting chains to adopt eco-friendly practices and transparency in sourcing. Changing tastes for specialty beers and the need for distinctive tastes complicate product development even further.

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Opportunity:

Developing new Unique Coffee Blends, Flavors, and Products

Creating distinctive coffee blends, flavors, and products offers a considerable chance for expansion in the retail coffee chain industry. Consumers are progressively attracted to creative products that provide unique experiences, like rare bean types, specialty blends, and mixed flavors. Seasonal and limited-time drinks also draw interest, encouraging customer loyalty and return visits. In addition, offering health-oriented choices like low-calorie or functional coffee beverages can leverage the wellness movement. By consistently testing new offerings and addressing various consumer tastes, coffee chains can set themselves apart, grow their clientele, and bolster their market standing.

Key Players to Watch:

• Starbucks (United States)
• Caribou Coffee (United States)
• It's a Grind Coffee House (United States)
• McCafé (United States)
• The Coffee Bean & Tea Leaf (United States)
• Dunkin' (United States)
• Tim Hortons (Canada)
• Second Cup (Canada)
• Pret A Manger (United Kingdom)
• Tim Wendelboe (Norway)
• Caffè Nero (United Kingdom)
• Costa Coffee (United Kingdom)
• Tully's Coffee (Japan)
• Gloria Jean's Coffees (Australia)
• Other Active Players
  

Recent Development

In February 2025, Nestlé, collaborating with Starbucks, plans to introduce ready-to-drink Starbucks coffee items in retail locations throughout India. This growth occurs after their 2018 worldwide deal, permitting Nestlé to sell Starbucks' packaged coffee and food service offerings. Focusing on the expanding coffee market in India, the partnership seeks to launch a variety of coffee drinks, such as Frappuccinos and Doubleshots.

In January 2025 , Coffee Island officially launched in India, opening its inaugural store in Gurugram in collaboration with Vita Nova. This signifies the arrival of a distinctive European Coffee Culture in the Indian marketplace. Coffee Island intends to grow to 20 locations by March 2026, focusing on delivering high-quality coffee experiences with a strong emphasis on sustainability.

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Key Segments of Market Report

By Service Type

• Dine-In
• Takeaway
• Drive-Thru
  

By Product Offering

• Specialty Coffee Chains
• Fast Food Chains with Coffee

By Chain Type

• Franchise Chains
• Independent Chains

By Region:

Asia Pacific is likely to lead the retail coffee chains market during the forecast period due to a number of driving factors. The large and heterogeneous population of this region combined with fast-paced urbanization and rising middle-class incomes has driven demand for easy coffee consumption. Accelerated economic growth in China, India, and Southeast Asia has resulted in increased disposable incomes and spending on the premium coffee experience. Western coffee culture's adoption by the region, especially among the youth, has driven the growth of international chains.

Comprehensive Offerings:

Executive Summary -Into the market research report, the executive summary highlights the most critical market findings , including key trends and actionable insights, offering clients a snapshot of the report's core takeaways.

Market Landscape -This section is crafted to include a detailed analysis of Retail Coffee Chains Market Dynamics, Growth Trends, And Regulatory Frameworks . Tools like PESTEL Analysis, Value Chain Analysis , and Investment Pockets are employed to present a thorough market outlook and future growth projections.

Retail Coffee Chains Market Competitive Analysis -The competitive analysis examines the Key Players, Their Positioning, Strengths, And Opportunities. By mapping competition, we provide actionable intelligence for clients to strategize effectively.

Retail Coffee Chains Market Segmentation Analysis -In segmentation, we break down the market into Key and Sub-Segments , focusing on their growth potential, demand patterns, and overall market contribution.

Regional Analysis -Through in-depth global, regional, and country-level insights, we analyse key growth drivers and challenges specific to each geography.

Retail Coffee Chains Market Analyst Viewpoint and Conclusion -The concluding section consolidates the findings, offering strategic recommendations and emphasizing practical, client-centric strategies to navigate market complexities.

Thematic Research Methodology -Leveraging primary and secondary research , we ensure data authenticity and reliability.
Our reports follow the MORE Principle :

• Magnifying Insights : Delivering accurate and detailed research findings.
• Optimizing Strategies : Customizing strategies for client needs.
• Refining Solutions : Continuously enhancing research processes.
• Elevating Client Impact : Creating measurable value for client success.

About Us:

Introspective Market Research (IMR) is a leading global market research firm that utilizes big data and advanced analytics to deliver strategic insights and consulting solutions. Our expert team helps businesses understand historical and current market trends, providing a clear outlook for future developments. We maintain a strong professional network with industry leaders, granting us access to vital market data and ensuring the accuracy of our research and forecasts. Under the guidance of CEO Mrs. Swati Kalagate, we cultivate a culture of excellence, committed to delivering high-quality data that supports our clients' business objectives. Our insights stem from primary interviews with executives from top companies, while our thorough secondary data collection involves extensive online and offline research, along with in-depth discussions with industry professionals and analysts.

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