The global specialty coffee market is projected to reach USD 51,404.0 million by 2030, growing at a CAGR of 11.3% from 2023 to 2030. This growth is attributed to the increasing preference for ready-to-drink and premium coffees, as well as the rising number of coffee shops worldwide. Factors driving the demand for specialty coffee include the desire for high-quality and flavorful coffee experiences, ethical and sustainable sourcing practices, and the appeal of unique and authentic brewing methods, especially among the 18-24 and 25-39 age groups. Europe currently holds the largest market share, while the Asia Pacific region is expected to grow at the fastest rate over the forecast period.