THE CONTINUED GROWTH OF THE HIGH STREET COFFEE SHOP

The UK coffee shop market is currently thriving, with approximately 22,400 coffee shops in total. This includes both branded chains and independent operators. As of early 2024, branded coffee shops like Costa, Starbucks, and Greggs dominate the landscape, comprising around 10,200 outlets, and growing steadily at a rate of 3.6% over the past year. Meanwhile, the independent sector has about 12,200 coffee shops, a 2.2% increase, showing a steady expansion as well.

Both segments contribute significantly to the UK economy. The branded coffee shop market alone is valued at £5.3 billion, and is anticipated to grow beyond 10,500 outlets by early 2025. Independents also continue to thrive, focusing on quality and authentic experiences, which attract a loyal customer base despite economic challenges like inflation and the cost-of-living crisis​