Coffee Production in the US
The Coffee Production industry expanded over the five years to 2018 with the introduction of various coffee trends. Overall, revenue has continued to rise despite unstable input commodity costs (namely coffee beans), as demand continued to rise. Although coffee producers have responded to volatile coffee bean prices by implementing higher coffee prices, price-based competition has limited the extent to which operators can mark up prices and remain competitive, subduing growth. The current period has also been defined by numerous coffee trends. The number of individuals consuming gourmet coffee, which is typically sold in smaller packaging at premium prices, is at an all-time high. Additionally, the recent introduction of cold brew and nitrogen-infused coffee have been a major boon for coffee producers. Operators also began offering specialized product portfolios, such as sustainable coffee in environmentally friendly single-serve K-cup formats. Over the five years to 2023, operators' ability to adapt to fluctuations in coffee bean prices and consumer preferences, such as ethical consumerism and the growing awareness of fair trade and organic coffee production methods, will be vital to industry performance.
This industry produces coffee, typically by purchasing coffee beans and processing them into roasted or ground coffee products. The industry excludes tea production and revenue from coffee made on premises, such as in a coffeehouse or cafe. Coffee creamer production is also excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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