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PUBLISHER: Renub Research | PRODUCT CODE: 1498415

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PUBLISHER: Renub Research | PRODUCT CODE: 1498415

United States Coffee Market Report by Product Type, Distribution Channel, and Company Analysis 2024-2032

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PAGES: 90 Pages
DELIVERY TIME: 1-2 business days
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The United States Coffee Market was US$ 26.96 billion in 2023 and will increase to US$ 37.38 billion by 2032, with a CAGR of 3.70% from 2024 to 2032.

United States Coffee Market Definition

The U.S. coffee industry is responsible for nearly 1.7 million American jobs and $225 billion of national Gross Domestic Product but is almost entirely dependent on overseas coffee production. The United States is a significant player in the global coffee market, with an average coffee consumption of about three cups daily. This high demand for coffee is evident in various settings such as train stations, airports, and offices, making the US one of the major territories in the region. The millennial population drives the coffee boom. Our report shows that the average coffee consumption of a US millennial is 3.6 kg per person. Millennials in USA are willing to pay for high-quality coffee, transforming coffee shops into social gathering places.

The coffee market in the United States is growing rapidly due to changing consumer lifestyles. Coffee chains are becoming more popular as they cater to busy, on-the-go coffee enthusiasts. The increasing working youth population in the US contributes to this market growth. According to the National Coffee Association data from 2022, about 50% of people who purchase coffee outside their homes prefer takeaway. This data suggests an increasing trend in out-of-home coffee consumption culture, indicating potential market growth in the coming years.

American consumers prioritize premium products, especially when it comes to their daily coffee. This leads them to favor high-quality coffeehouses. Consistency in coffee quality has become a pivotal factor for repeat visits. Additionally, adopting machine-based food processing units is expected to enhance the country's coffee production. Instant coffee products, such as ready-to-drink and ready-to-mix, are being retailed across the market. As coffee is frequently consumed across the country, consumers prefer instant coffee products as they require less preparation time.

While the coffee industry is booming in the United States, many Central American farmers face a different reality. Despite producing soft Arabica beans for the world's best soils, these farmers often find coffee farming unrewarding. This situation has led to many of them giving up and becoming part of the broader stream of immigrants to the US-Mexico border. As a result, coffee production is shifting to the United States. According to the NCA's 2024 NCDT report, 75% of American adults drank coffee in the past week - an increase of 4% since the spring 2023 report. Interestingly, consumption increased the most (by 9%) among consumers aged 60 and over, while people aged between 25 and 59 reported a 4.5% rise in the number of times they drank coffee in a week. For those aged between 18 and 24, coffee consumption held steady at 47%.

Over the recent past, coffee shops have not only witnessed tremendous growth but have also become the heart of many communities. They are increasingly popular as social outlets for friends, family, colleagues, and business associates. As a result, coffee chains such as Starbucks and Dunkin' Donuts focus on enhancing their ambiance by creating a relaxing and attractive atmosphere to add an experiential element to coffee drinking.

In the United States, coffee shops have transcended their role as mere businesses to become icons of urban neighborhoods, shaping the very fabric of urban culture. They don't just create vibrant streetscapes and generate massive pedestrian activity; they are the heartbeat of the community. With their high customer footfall and profitability, they have significantly contributed to the growth rate of cafes/bars regarding value sales and transactions, underscoring their economic importance.

United States Coffee Company Analysis

Nestle S.A., Eight O'Clock Coffee Company, Kraft Heinz Co., The J.M. Smucker Co., Fresh Roasted Coffee LLC, Keurig Dr. Pepper Inc., White Wave Food Co., Monster Beverage Corporation, Califia Farms LLC, and Starbucks Corporation are the prominent player in the USA Coffee Market.

United States Coffee Company News

May 2024: NESCAFE, synonymous with soluble coffee, just launched its new premium Espresso Concentrate Coffee product. This shows that Nestle, like the rest of the coffee industry, is paying close attention to the phenomenal growth of cold coffee and convenience.

In December 2023, Italian coffee roaster Lavazza advanced its partnership with Paris Baguette America by launching Paris Baguette Blend, a whole-ban packaged coffee product set to be introduced across the bakery cafe chain's 170 US stores.

In July 2023, Starbucks launched a new beverage line-up in the US, featuring two new offerings: whole-bean packaged coffee and bite-sized Bumblebee Cake Pop.

Product Type - United States Coffee Market is Covered with 4 Viewpoints

Whole Bean

Ground Coffee

Instant Coffee

Coffee Pods and Capsule

Distribution Channel - United States Coffee Market is Covered with 4 Viewpoints

Supermarkets/Hypermarkets

Convenience/Grocery Stores

Online Retail

Other Distribution Channels

All the Key players have been covered from 4 Viewpoints:

Overview

Recent Development & Strategies

Product Portfolio & Product Launch in Last 1 Year

Revenue

Company Covered:

Nestle S.A.

Eight O' Clock Coffee Company

Kraft Heinz Co.

The J.M. Smucker Co.

Fresh Roasted Coffee LLC

Keurig Dr Pepper Inc.

White Wave Food Co.

Monster Beverage Corporation

Califia Farms LLC

Starbucks Corporation

Table of Contents

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

  • 4.1 Growth Drivers
  • 4.2 Challenges

5. United States Coffee Market

6. United States Coffee Market Share Analysis

  • 6.1 Product Type
  • 6.2 Distribution Channel

7. Product Type - United States Coffee Market

  • 7.1 Whole Bean
  • 7.2 Ground Coffee
  • 7.3 Instant Coffee
  • 7.4 Coffee Pods and Capsule

8. Distribution Channel - United States Coffee Market

  • 8.1 Supermarkets/Hypermarkets
  • 8.2 Convenience/Grocery Stores
  • 8.3 Online Retail
  • 8.4 Other Distribution Channels

9. Porter's Five Analysis - United States Coffee Market

  • 9.1 Bargaining Power of Buyers
  • 9.2 Bargaining Power of Suppliers
  • 9.3 Degree of Rivalry
  • 9.4 Threat of New Entrants
  • 9.5 Threat of Substitutes

10. SWOT Analysis - United States Coffee Market

  • 10.1 Strength
  • 10.2 Weakness
  • 10.3 Opportunity
  • 10.4 Threat

11. Key Players

  • 11.1 Nestle S.A.
    • 11.1.1 Overview
    • 11.1.2 Recent Development & Strategies
    • 11.1.3 Product Portfolio & Product Launch in Last 1 Year
    • 11.1.4 Revenue
  • 11.2 Eight O' Clock Coffee Company
    • 11.2.1 Overview
    • 11.2.2 Recent Development & Strategies
    • 11.2.3 Product Portfolio & Product Launch in Last 1 Year
    • 11.2.4 Revenue
  • 11.3 Kraft Heinz Co.
    • 11.3.1 Overview
    • 11.3.2 Recent Development & Strategies
    • 11.3.3 Product Portfolio & Product Launch in Last 1 Year
    • 11.3.4 Revenue
  • 11.4 The J.M. Smucker Co.
    • 11.4.1 Overview
    • 11.4.2 Recent Development & Strategies
    • 11.4.3 Product Portfolio & Product Launch in Last 1 Year
    • 11.4.4 Revenue
  • 11.5 Fresh Roasted Coffee LLC
    • 11.5.1 Overview
    • 11.5.2 Recent Development & Strategies
    • 11.5.3 Product Portfolio & Product Launch in Last 1 Year
    • 11.5.4 Revenue
  • 11.6 Keurig Dr Pepper Inc.
    • 11.6.1 Overview
    • 11.6.2 Recent Development & Strategies
    • 11.6.3 Product Portfolio & Product Launch in Last 1 Year
    • 11.6.4 Revenue
  • 11.7 White Wave Food Co.
    • 11.7.1 Overview
    • 11.7.2 Recent Development & Strategies
    • 11.7.3 Product Portfolio & Product Launch in Last 1 Year
    • 11.7.4 Revenue
  • 11.8 Monster Beverage Corporation
    • 11.8.1 Overview
    • 11.8.2 Recent Development & Strategies
    • 11.8.3 Product Portfolio & Product Launch in Last 1 Year
    • 11.8.4 Revenue
  • 11.9 Califia Farms LLC
    • 11.9.1 Overview
    • 11.9.2 Recent Development & Strategies
    • 11.9.3 Product Portfolio & Product Launch in Last 1 Year
    • 11.9.4 Revenue
  • 11.10 Starbucks Corporation
    • 11.10.1 Overview
    • 11.10.2 Recent Development & Strategies
    • 11.10.3 Product Portfolio & Product Launch in Last 1 Year
    • 11.10.4 Revenue
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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