Market revenue in 2023 | USD 8,743.7 million |
Market revenue in 2030 | USD 13,256.0 million |
Growth rate | 6.1% (CAGR from 2023 to 2030) |
Largest segment | Arabica |
Fastest growing segment | Robusta |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Arabica, Robusta |
Key market players worldwide | Nestle SA, Starbucks Corp, JDE Peets NV ADR, Strauss Group Ltd, JM Smucker Co, AWAK Technologies, Second Sight Systems, HDT Global, Touch Bionics, Neurotron Biotechnology, Retina Implant, Rex Bionics, Tchibo Coffee International, Luigi Lavazza, Melitta, Massimo Zanetti Beverage Group |
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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 roasted coffee market will help companies and investors design strategic landscapes.
Arabica was the largest segment with a revenue share of 57.21% in 2023. Horizon Databook has segmented the North America roasted coffee market based on arabica, robusta covering the revenue growth of each sub-segment from 2018 to 2030.
The growing popularity and consumption of roasted coffee in the region are driving the market. The introduction of coffee chains like Starbucks in North America has made roasted coffee increasingly sought-after, from light roast to dark roast.
These chains offer roasted coffee based on customers’ varying individual tastes and preferences, thus fueling the market growth. As per National Coffee Data Trends (NCDT), about 63% of Americans consume coffee daily.
This factor supports the demand for roasted coffee among consumers. Coffee consumption also provides several benefits including reduced risk of getting Alzheimer’s disease, lowered stroke risk, and lower chances of developing Parkinson’s disease, which in turn propels the market growth in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America roasted coffee market , including forecasts for subscribers. This continent databook contains high-level insights into North America roasted coffee market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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