Hungary Coffee Market 2024

Description

Coffee contains caffeine, a natural stimulant that helps increase alertness, improve concentration, and reduce fatigue. Many people rely on coffee to boost their energy levels and stay awake, especially in the morning or during long workdays. The coffee in Hungary market is expected to increase by USD 128.9 million, at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2029, according to the latest edition of the Coffee Market in Hungary Report. Urbanization, economic empowerment, and globalization are the primary drivers behind the growth of the coffee market, creating opportunities for premium coffee brands to thrive. As urbanization progresses, urban lifestyles drive demand for convenient and trendy food and beverage options, including premium coffee. The concentration of populations in urban areas creates a thriving market for coffee consumption.

The globalization of coffee culture plays a significant role in driving market growth. As coffee culture spreads to emerging markets, it heightens awareness of diverse and specialty coffee offerings. This increased awareness leads to a growing demand for premium coffee products.

The report provides a comprehensive analysis of the Hungary coffee industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, package type, and distribution channel. The insights gained from this evaluation help reveal the growth potential within the coffee sector.

Market Segmentation

The segmentation of the coffee market in Hungary is outlined below:
Product type: ground coffee, instant coffee (standard instant coffee, coffee mix), whole bean
Package type: flexible aluminum/plastic, glass, stand-up pouches, others
Distribution channel: bars & HoReCa, convenience stores, e-commerce, forecourt stores, grocery stores, supermarkets and hypermarkets, vending, others

The Hungary coffee market is segmented on the basis of product type, package type, and distribution channel. By product type, the coffee market in Hungary has been segmented into ground coffee, instant coffee (standard instant coffee, coffee mix), and whole bean. Based upon package type, the coffee market in Hungary is categorized into flexible aluminum/plastic, glass, stand-up pouches, and others. On the basis of distribution channel, the coffee market in Hungary has been segmented into bars & HoReCa, convenience stores, e-commerce, forecourt stores, grocery stores, supermarkets and hypermarkets, vending, and others.

Competitive Landscape

The Hungary coffee market is highly competitive. Top players covered in Hungary Coffee Market Study are Nestle S.A., Tchibo GmbH, JDE Peet’s N.V., Mocca Negra Zrt., Zino Davidoff SA, Grupa Maspex Wadowice, MOKATE SA, The Coca-Cola Company, Luigi Lavazza S.p.A., Massimo Zanetti Beverage Group S.p.A.

The report offers a comprehensive review of the Hungary coffee market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Hungary coffee market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Hungary coffee market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Hungary coffee market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewHungary coffee market – product type analysis
Hungary coffee market – package type analysis
Hungary coffee market – distribution channel analysis
Key players and market share
– Nestle S.A.
– Tchibo GmbH
– JDE Peet’s N.V.
– Mocca Negra Zrt.
– Zino Davidoff SA
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Hungary coffee market 2019-2029
Chart Hungary coffee market, net growth, 2019-2029
Chart Hungary coffee market, growth rates, 2019-2029
Table Hungary coffee market by product type, 2019-2029
Chart Hungary coffee market by product type, CAGR historic and forecast, 2019-2029
Chart Hungary coffee market by product type, 2019-2029
Table Hungary coffee market by package type, 2019-2029
Chart Hungary coffee market by package type, CAGR historic and forecast, 2019-2029
Chart Hungary coffee market by package type, 2019-2029
Table Hungary coffee market by distribution channel, 2019-2029
Chart Hungary coffee market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Hungary coffee market by distribution channel, 2019-2029
Table Hungary coffee market share (%), by companies, 2019-2023
Chart Hungary coffee market, by companies, 2023
Table Hungary coffee market share (%), by brands, 2019-2023
Chart Hungary coffee market, by brands, 2023
Table Hungary – population (millions) and forecast
Table Hungary – consumer price index (CPI) and forecast
Table Hungary – gross domestic product and forecast
Table Hungary coffee market: spend as a proportion of GDP (%)
Table Hungary coffee market: consumption per capita (population)