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The espresso coffee market size is forecast to increase by USD 4.55 billion at a CAGR of 5.58% between 2023 and 2028. The market is witnessing significant growth due to increasing demand from various end-users such as office cafeterias, hotels, restaurants, and coffee shops. Strategic marketing and promotion efforts by key players are driving market growth. Novel espresso coffee products, including those with flavors like vanilla, caramel, and chocolate hard candies, are gaining popularity among the working population. The market is also witnessing an increase in the installation of espresso machines in vending machines. However, fluctuating raw material prices of coffee beans pose a challenge to market growth. To stay competitive, companies are focusing on innovation and product differentiation. The market is expected to continue its expansion, offering substantial opportunities for market participants.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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