The Russian packaged coffee market grew by 21% by the end of 2023, reaching a record 102.7 billion rubles. Vedomosti writes about this subject with reference to Smart Sorting data.
For comparison: the turnover of the packaged coffee market in 2022 is estimated at 85 billion rubles, and in 2021 – only 57 billion rubles.
According to preliminary estimates, the top 3 companies in terms of revenue at the end of last year will include Coffee Like with approximately 7 billion rubles (+25%), Cofix with 5.7 billion rubles (+15%) and One Price Coffee with 4.3 billion rubles. ruble (+21%).
The total revenue of the ten leading companies in the Russian instant coffee market is estimated at about 20 billion rubles.
The increased demand for packaged coffee among Russians can be explained by the trend of ready-made food and beverages accelerated by the epidemic. Experts are confident that the market will continue to develop in 2024. Network franchises retain their potential. Additionally, the share of retailers is expected to increase.
Before that Russians warned About the potential imminent increase in prices of coffee, chocolate and some other food products at the beginning of 2024.
Previously Russian President Vladimir Putin commented Inflation situation in the country.
On the eve of cocoa prices on the stock exchange updated historical maximum