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The Retail Market for Coffee in the US - Industry Market Research Report

Publisher IBISWorld
Published Sep 13, 2023
Length 37 Pages
SKU # IBSS18184285

Description

The Retail Market for Coffee in the US - Industry Market Research Report


The Retail Market for Coffee in the US

The Retail Market for Coffee industry has experienced growth over the five years to 2021 as more individuals have made coffee their caffeinated beverage of choice and customers have opted for more expensive industry options. According to the National Coffee Association (NCA), 62.0% of US adults drink coffee on a daily basis. This figure has grown over the past five years, as per capita coffee consumption has risen an annualized 0.2%. Combined with increased consumption, a shift toward higher-end, higher-margin options have aided the industry's revenue expansion. Many coffee retailers have included high-quality Arabica bean-based coffee or single-origin options, which are purchased and sold at a mark-up, into their product portfolio. While some coffee retailers have grappled with fewer individuals drinking plain coffee, this trend has been offset by robust demand for cold brew and nitro coffee beverages. These premium drinks, which also include specialized blends and espresso-based beverages, sell at a higher price point than regular coffee, which has benefited retailers overall.

Companies in the Retail Market for Coffee industry sell coffee. The market includes all on-premises, off-premises and online sales of hot, iced and instant coffee, as well as sales of coffee beans and ground coffee. This market includes sales from all major retail channels, including specialty stores, general merchandisers and internet retailers.

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.

Table of Contents

37 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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