North America Coffee Market Size & Outlook, 2023-2030
North America coffee market, 2018-2030 (US$M)
Related Markets
North America coffee market highlights
- The North America coffee market generated a revenue of USD 98,898.5 million in 2023.
- The market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, roasted was the largest revenue generating product in 2023.
- Ready to Drink is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 98,898.5 million |
| Market revenue in 2030 | USD 144,641.9 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Roasted |
| Fastest growing segment | Ready to Drink |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Roasted, Instant, Ready to Drink |
| Key market players worldwide | Nestle SA, Starbucks Corp, JDE Peets NV Ordinary Shares, Tchibo Coffee International, Luigi Lavazza, Strauss Group Ltd, JM Smucker Co, Melitta, UCC Ueshima Coffee, Massimo Zanetti Beverage Group |
Other key industry trends
- In terms of revenue, North America region accounted for 20.4% of the global coffee market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 170,244.0 million by 2030.
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Coffee Market Scope
Coffee Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America coffee market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to coffee market will help companies and investors design strategic landscapes.
Roasted was the largest segment with a revenue share of 53.07% in 2023. Horizon Databook has segmented the North America coffee market based on roasted, instant, ready to drink covering the revenue growth of each sub-segment from 2018 to 2030.
The growing popularity and consumption of coffee in the region are driving the market. The introduction of coffee chains like Starbucks in North America has made various coffee types, from light roast to dark roast increasingly sought-after.
These chains offer roasted coffee based on customers’ varying individual tastes and preferences, thus fueling the market growth.
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Target buyers of North America coffee market databook
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Our clientele includes a mix of coffee market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America coffee market , including forecasts for subscribers. This continent databook contains high-level insights into North America coffee market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America coffee market size, by country, 2018-2030 (US$M)
North America Coffee Market Outlook Share, 2023 & 2030 (US$M)
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