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

Fresh Pot: as the Economy and Coffee Retailers Reopen, Revenue Will Expand More Rapidly

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's key players and their market shares.