logo

Europe Ready to Drink Coffee Market Size

The Europe Ready to Drink Coffee Market is experiencing significant growth, driven by the increasing demand for convenient beverage options among consumers with hectic lifestyles. This market expansion is particularly notable in the cold brew segment, which is gaining popularity due to its less acidic taste and bold flavor profile. The region's strong coffee culture, coupled with a rising trend of health-consciousness, is influencing consumer preferences towards RTD coffee products with lower sugar and calorie content. Germany leads in market dominance, while Russia is emerging as a rapidly growing market, fueled by the preferences of millennials and Gen-Z for time-efficient beverage solutions.

Home right-chevron-icon Market Analysis right-chevron-icon Food & Beverage Research right-chevron-icon Beverages Research right-chevron-icon Hot Drinks Research right-chevron-icon Coffee Research right-chevron-icon Ready to Drink Coffee Research right-chevron-icon Europe RTD Coffee Industry right-chevron-icon Market Size

Market Size of europe ready to drink coffee Industry

Europe Ready to Drink Coffee Market Summary
share button
svg icon Study Period 2018 - 2030
svg icon Market Size (2024) USD 2.6 Billion
svg icon Market Size (2030) USD 4.09 Billion
svg icon Largest Share by Soft Drink Type Iced coffee
svg icon CAGR (2024 - 2030) 7.86 %
svg icon Largest Share by Country Germany
svg icon Market Concentration Medium

Major Players
major-player-company-image

*Disclaimer: Major Players sorted in no particular order

Key Players

WHY BUY FROM US?

1. CRISP & INSIGHTFUL
2. TRUE BOTTOM-UP
3. EXHAUSTIVENESS
4. TRANSPARENCY
5. CONVENIENCE
KNOW MORE

Europe Ready to Drink Coffee Market Analysis

The Europe Ready to Drink Coffee Market size is estimated at 2.6 billion USD in 2024, and is expected to reach 4.09 billion USD by 2030, growing at a CAGR of 7.86% during the forecast period (2024-2030).

2.6 Billion

Market Size in 2024 (USD)

4.09 Billion

Market Size in 2030 (USD)

6.30 %

CAGR (2018-2023)

7.86 %

CAGR (2024-2030)

Largest Segment by Soft Drink Type

31.94 %

value share, Iced coffee, 2023

Icon image

Consumer shift from carborated beverages to RTD beverages due to health concerns and the emergence of several RTD iced coffee brands led to the higher consumption.

Fastest-growing segment by Soft Drink Type

8.36 %

Projected CAGR, Cold Brew Coffee, 2024-2030

Icon image

The less acidity, rich flavour, natural sweetness, smooth taste and premium appeal and consumers’ interest in innovative takes on cold-served coffee is driving the growth.

Leading Market Player

18.07 %

market share, Arla Foods amba, 2022

Icon image

Arla Foods offers wide range of Starbucks RTD coffee and is investing in marketing and expanding their manufacturing capacity to meet rise in demand for RTD coffee.

Largest Segment by Country

20.48 %

value share, Germany, 2023

Icon image

Convenience of RTD coffee, availability of wide range of flavours, affordability and active lifestyles of millennial consumers promote the impulse prchase of RTD coffee.

Fastest-growing segment by Country

9.61 %

Projected CAGR, Russia, 2024-2030

Icon image

Rise in demand for premium RTD coffee including sugar-free, plant-based beverages and shift in consumption of coffee outside the traditional cafes to propel the growth.

Growing demand for convenience products is supporting the market growth

  • The RTD coffee segment in Europe registered a CAGR of 6.9% in 2023 compared to 2021. The RTD coffee market in the region is driven by the rising demand for convenience products, owing to the hectic work schedules of consumers. Additionally, ready-to-drink coffee, being an excellent source of instant energy, is becoming popular among youngsters and the middle-aged working population.
  • Europe is one of the world’s largest coffee consumers, with coffeehouses and cafes serving as popular socializing hubs in almost every city. Italy, the birthplace of the espresso, boasts an array of iconic coffee establishments, while the United Kingdom, Vienna, Austria, is famed for its traditional Viennese coffeehouses, cherished for their historic ambiance. In 2022, more than 42% of consumers in the United Kingdom consumed RTD coffee more than once a week.
  • RTD cold brew holds the major segment in the market. During the study period, it registered a CAGR of 9.5% by value from 2020 to 2023. The escalating consumer base switching from the consumption of carbonated beverages to coffee is driving the cold brew market. Cold brew is less acidic compared to hot drip, and espresso and offers a refreshing aroma and taste.
  • RTD iced coffee is the fastest growing in the market. The sales value of RTD iced coffee in the region is anticipated to grow by 21.1% in 2028 compared to 2023. The growth will be attributed to the growing demand for iced coffee among millennials and the younger Generation Z, which will be driving demand for iced coffee, as they are more willing to explore new coffee varieties and flavors.
Europe Ready to Drink Coffee Market

Rising demand for convenient and healthy RTD beverages driving their purchasing trend in the market

  • The European RTD coffee market holds significant global prominence, with sales witnessing a value-based CAGR of 7.00% during 2020-2023. This growth was primarily fueled by robust coffee consumption. In 2021, Europe's coffee consumption accounted for 32% of the global total. The region has witnessed a surge in RTD coffee product launches, with brands introducing a diverse range of flavors. Key players in the European RTD coffee market include Starbucks, Lavazza, Coca-Cola Company, and Emmi Group.
  • Within Europe, Germany stands out as the dominant market, driven by a rising trend of health-conscious consumers seeking RTD coffee options with lower sugar and milk content, often brewed with functional ingredients like protein and vitamins. Germany has around 8.5 million diagnosed cases of diabetes, with an estimated 2 million undiagnosed cases. Rising health awareness is leading consumers to opt for low-sugar and low-calorie products, aiming to mitigate risks associated with excessive sugar consumption, such as diabetes, high blood pressure, inflammation, weight gain, and fatty liver disease. Among RTD coffee variants, cold brew is witnessing the highest growth and is projected to record a volume-based CAGR of 6.59% over 2024-2030. Its popularity stems from its less acidic taste and the slow brewing process, resulting in a bold flavor profile.
  • Russia is emerging as the fastest-growing European market for RTD coffee, with a projected volume-based CAGR of 9.61% over 2024-2030. This growth is primarily driven by the rising demand for convenient beverages, including RTD coffee, among the millennial and Gen-Z demographics, who seek time-efficient options in their busy lifestyles. As of 2021-22, around 59% of Russia's population above the age of 15 was employed.

Europe Ready to Drink Coffee Industry Segmentation

Cold Brew Coffee, Iced coffee are covered as segments by Soft Drink Type. Aseptic packages, Glass Bottles, Metal Can, PET Bottles are covered as segments by Packaging Type. Off-trade, On-trade are covered as segments by Distribution Channel. Belgium, France, Germany, Italy, Netherlands, Russia, Spain, Turkey, United Kingdom are covered as segments by Country.

  • The RTD coffee segment in Europe registered a CAGR of 6.9% in 2023 compared to 2021. The RTD coffee market in the region is driven by the rising demand for convenience products, owing to the hectic work schedules of consumers. Additionally, ready-to-drink coffee, being an excellent source of instant energy, is becoming popular among youngsters and the middle-aged working population.
  • Europe is one of the world’s largest coffee consumers, with coffeehouses and cafes serving as popular socializing hubs in almost every city. Italy, the birthplace of the espresso, boasts an array of iconic coffee establishments, while the United Kingdom, Vienna, Austria, is famed for its traditional Viennese coffeehouses, cherished for their historic ambiance. In 2022, more than 42% of consumers in the United Kingdom consumed RTD coffee more than once a week.
  • RTD cold brew holds the major segment in the market. During the study period, it registered a CAGR of 9.5% by value from 2020 to 2023. The escalating consumer base switching from the consumption of carbonated beverages to coffee is driving the cold brew market. Cold brew is less acidic compared to hot drip, and espresso and offers a refreshing aroma and taste.
  • RTD iced coffee is the fastest growing in the market. The sales value of RTD iced coffee in the region is anticipated to grow by 21.1% in 2028 compared to 2023. The growth will be attributed to the growing demand for iced coffee among millennials and the younger Generation Z, which will be driving demand for iced coffee, as they are more willing to explore new coffee varieties and flavors.
Soft Drink Type
Cold Brew Coffee
Iced coffee
Other RTD Coffee
Packaging Type
Aseptic packages
Glass Bottles
Metal Can
PET Bottles
Distribution Channel
Off-trade
Convenience Stores
Online Retail
Specialty Stores
Supermarket/Hypermarket
Others
On-trade
Country
Belgium
France
Germany
Italy
Netherlands
Russia
Spain
Turkey
United Kingdom
Rest of Europe
customize-icon Need A Different Region Or Segment?
Customize Now

Europe Ready to Drink Coffee Market Size Summary

The European ready-to-drink (RTD) coffee market is experiencing significant growth, driven by the increasing demand for convenient and instant energy solutions among consumers with busy lifestyles. This trend is particularly evident among the younger and middle-aged working populations who are seeking quick and accessible coffee options. Europe, being one of the largest coffee-consuming regions globally, has a rich coffee culture with countries like Italy and the United Kingdom leading in coffeehouse traditions. The market is characterized by a diverse range of RTD coffee products, including cold brew and iced coffee, which are gaining popularity due to their unique flavors and lower acidity compared to traditional coffee options. The cold brew segment, in particular, is witnessing robust growth, appealing to consumers who prefer its bold flavor profile and health-conscious attributes.

The market landscape in Europe is moderately consolidated, with major players such as Arla Foods, Emmi AG, Luigi Lavazza, Nestle, and The Coca-Cola Company holding significant market shares. These companies are actively expanding their product offerings and exploring innovative packaging solutions to cater to the evolving consumer preferences. Germany stands out as a key market, driven by health-conscious consumers opting for RTD coffee with functional ingredients. Meanwhile, Russia is emerging as the fastest-growing market, fueled by the demand for convenient beverages among millennials and Gen-Z. The market's growth is further supported by the increasing consumer interest in traceability and transparency within the value chain, alongside the expansion of digital marketplaces facilitating direct trade between producers and European roasters.

Explore More >

Europe Ready to Drink Coffee Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

    1. 1.1 Soft Drink Type

      1. 1.1.1 Cold Brew Coffee

      2. 1.1.2 Iced coffee

      3. 1.1.3 Other RTD Coffee

    2. 1.2 Packaging Type

      1. 1.2.1 Aseptic packages

      2. 1.2.2 Glass Bottles

      3. 1.2.3 Metal Can

      4. 1.2.4 PET Bottles

    3. 1.3 Distribution Channel

      1. 1.3.1 Off-trade

        1. 1.3.1.1 Convenience Stores

        2. 1.3.1.2 Online Retail

        3. 1.3.1.3 Specialty Stores

        4. 1.3.1.4 Supermarket/Hypermarket

        5. 1.3.1.5 Others

      2. 1.3.2 On-trade

    4. 1.4 Country

      1. 1.4.1 Belgium

      2. 1.4.2 France

      3. 1.4.3 Germany

      4. 1.4.4 Italy

      5. 1.4.5 Netherlands

      6. 1.4.6 Russia

      7. 1.4.7 Spain

      8. 1.4.8 Turkey

      9. 1.4.9 United Kingdom

      10. 1.4.10 Rest of Europe

Europe Ready to Drink Coffee Market Size FAQs

The Europe Ready to Drink Coffee Market size is expected to reach USD 2.60 billion in 2024 and grow at a CAGR of 7.86% to reach USD 4.09 billion by 2030.

In 2024, the Europe Ready to Drink Coffee Market size is expected to reach USD 2.60 billion.

Europe RTD Coffee Market Report Snapshots

Europe Ready to Drink Coffee Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030