U.S. Coffee Market Size & Outlook, 2023-2030
U.S. coffee market, 2018-2030 (US$M)
Related Markets
U.S. coffee market highlights
- The U.S. coffee market generated a revenue of USD 79,493.1 million in 2023 and is expected to reach USD 115,626.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.5% 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.
Coffee market data book summary
| Market revenue in 2023 | USD 79,493.1 million |
| Market revenue in 2030 | USD 115,626.7 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Roasted |
| Fastest growing segment | Ready to Drink |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, U.S. accounted for 16.4% of the global coffee market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. coffee market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 18,441.8 million by 2030.
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Coffee Market Scope
Coffee Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 53.02% in 2023. Horizon Databook has segmented the U.S. coffee market based on roasted, instant, ready to drink covering the revenue growth of each sub-segment from 2018 to 2030.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
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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 country-level data and insights on the U.S. coffee market , including forecasts for subscribers. This country databook contains high-level insights into U.S. coffee market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. coffee market size, by product, 2018-2030 (US$M)
U.S. Coffee Market Outlook Share, 2023 & 2030 (US$M)
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