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The United States Coffee Market is estimated to reach growing during the forecast period By 2022 key players are The Folgers Coffee Co., Kraft Foods, Starbucks Coffee Co., Private Label and J.M. Smucker are some of the leading players in the coffee market

01-23-2019 01:48 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

The United States Coffee Market is estimated to reach growing

By 2022, the United States Coffee Market is estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. Coffee is the most widely preferred hot beverage in the United States, consumed across all incomes, ages, genders, and states. A study by the National Coffee Association shows that 83% of American adults drink coffee every day. The US is the second largest importer of coffee beans, importing from countries like Brazil, Colombia, Ethiopia, and Vietnam. Most of these coffee imports happen in the form of green coffee beans. The United States then re-exports the coffee beans in a processed and ready-to-drink form to the neighboring countries.

Market Dynamics
Over the past 5 years, coffee chains in the United States have become more and more popular among customers who enjoy their coffee to go. An increasingly busy lifestyle and longer working hours is expected to strengthen appreciation for the convenience of this product type, which should increase the total coffee production and consumption by the end of the forecast period. Moreover, the category should also benefit as manufacturers continue to introduce innovative products that involve environment-friendly packaging and, at the same time, suit the preferences of consumers.

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However, recent statistics show that total coffee consumption has been plateauing, with the coffee retail sales winding down. Brand saturation is a major reason for the cool-down. As more brands entered the category and as private labels' share grew, pricing suffered. Furthermore, the single-cup category has shrunk by significant levels, owing to the environmental concerns linked with to-go coffee cups,

Market Segmentation
The United States coffee market is fragmented on the basis of type, coffee trees
Coffee Trees
Robusta
Arabica
Type
Fresh
Instant
Plain
Roasted
Ground
Geographical Analysis
During 2016, Latin America, excluding Mexico, and the Caribbean accounted for the highest dollar value worth of coffee exports in the world. Kona coffee from the large island of Hawaii is one of the best known and always in high demand.Guatemala's coffee has a distinctivedepth and complexity of taste that is almost spicy or chocolatey. South American countries like Columbia and Mexico are the world's biggest and best-known coffee producers. Mexico produces high quality Arabica beans and is responsible for majority of U.S. coffee imports.

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Key Players
The United States Coffee market is a competitive and dynamic segment. The Folgers Coffee Co., Kraft Foods, Starbucks Coffee Co., Private Label and J.M. Smucker are some of the leading players in the coffee market.

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis

Read More: https://www.kennethresearch.com/report-details/united-states-coffee-market/10064855

About us

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulationKenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

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