RTD Coffee Production in the US - Industry Research Report

Production possibilities: Despite economic disruptions, the pandemic has provided new opportunities for the industry

The relatively nascent Ready-to-Drink (RTD) Coffee Production industry, which makes canned and bottled coffee and espresso drinks, has experienced a surge in demand as US consumers' fast-paced lifestyles have created a need for quick options, especially in the morning. Large producers and new entrants have rushed to meet the swell in demand driven largely by millennials, who make up the largest consumer group for ready-to-drink coffee products. Companies have rolled out countless new products, from new varieties in the dominant RTD cold brew segment to niche options catering to a variety of health, dietary and sustainability conscious preferences. With consumers in a better position to spend on these affordable luxuries as per capita disposable income has grown, the RTD coffee market has benefited from the confluence of these trends. Overall, industry revenue is expected to increase a CAGR of 11.1% to more than $5.3 billion over the five years to 2023, including 7.4% during the current year.

Companies in this industry produce canned and bottled coffee and espresso drinks.

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.