North America Coffee Market 2024

Description

The coffee in North America market is expected to increase by USD 6.9 billion, at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2029, according to the latest edition of the Coffee Market in North America Report. A discernible shift towards premium coffee experiences is evident, propelled by evolving consumer preferences. This movement is anchored in a burgeoning admiration for specialty and gourmet coffee varieties, encompassing single-origin beans, artisanal blends, and distinctive brewing methods such as pour-over and cold brew. Concurrently, health-conscious consumers are driving demand for coffee products that dovetail with their wellness aspirations, fueling an uptick in interest for organic, fair trade, and sustainably sourced options boasting reduced sugar, fat, or calorie content. Furthermore, the exigencies of modern lifestyles are compelling consumers to prioritize convenience, manifesting in a predilection for single-serve coffee pods and pre-ground options.

The report offers a comprehensive evaluation of the North America coffee market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, package type, distribution channel, and country. This comprehensive evaluation aids in identifying the growth potential within the coffee industry.

Market Segmentation

The coffee market in North America is classified into the following segments:
Product type: ground coffee, instant coffee (standard instant coffee, coffee mix), whole bean
Package type: flexible aluminum/plastic, glass, stand-up pouches, others
Distribution channel: bars & HoReCa, convenience stores, e-commerce, forecourt stores, grocery stores, supermarkets and hypermarkets, vending, others
Country: USA, Canada

The North America coffee market is segmented on the basis of product type, package type, distribution channel, and country. Based on product type, the coffee market in North America is categorized into ground coffee, instant coffee (standard instant coffee, coffee mix), and whole bean. On the basis of package type, the coffee market in North America has been segmented into flexible aluminum/plastic, glass, stand-up pouches, and others. By distribution channel, the coffee market in North America has been segmented into bars & HoReCa, convenience stores, e-commerce, forecourt stores, grocery stores, supermarkets and hypermarkets, vending, and others. In terms of geography, the coffee market in North America has been also segmented into USA, and Canada.

Competitive Landscape

The North America coffee market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Black Rifle Coffee Company, Community Coffee Company LLC, Dr Pepper Snapple Group, Inspire Brands LLC, JDE Peet’s N.V., Massimo Zanetti Beverage Group S.p.A., Nestle S.A., Restaurant Brands International Inc., Tata Consumer Products Ltd., The J. M. Smucker Company, The Kraft Heinz Company.

The report presents a detailed analysis of the North America coffee market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.

Why Buy This Report?

Obtain precise statistical data and forecasts for the North America coffee market.
Gain deep insights into the dynamics of the North America coffee market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the North America coffee market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewNorth America coffee market – product type analysis
North America coffee market – package type analysis
North America coffee market – distribution channel analysis
North America coffee market – country analysis
Key players and market share
– Black Rifle Coffee Company
– Community Coffee Company, LLC
– Dr Pepper Snapple Group
– Inspire Brands LLC
– JDE Peet’s N.V.
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table North America coffee market 2019-2029
Chart North America coffee market, net growth, 2019-2029
Chart North America coffee market, growth rates, 2019-2029
Table North America coffee market by product type, 2019-2029
Chart North America coffee market by product type, CAGR historic and forecast, 2019-2029
Chart North America coffee market by product type, 2019-2029
Table North America coffee market by package type, 2019-2029
Chart North America coffee market by package type, CAGR historic and forecast, 2019-2029
Chart North America coffee market by package type, 2019-2029
Table North America coffee market by distribution channel, 2019-2029
Chart North America coffee market by distribution channel, CAGR historic and forecast, 2019-2029
Chart North America coffee market by distribution channel, 2019-2029
Table North America coffee market by country, 2019-2029
Chart North America coffee market by country, CAGR historic and forecast, 2019-2029
Chart North America coffee market by country, 2019-2029
Table North America coffee market share (%), by companies, 2019-2023
Chart North America coffee market, by companies, 2023
Table North America coffee market share (%), by brands, 2019-2023
Chart North America coffee market, by brands, 2023
Table North America – population (millions) and forecast
Table North America – consumer price index (CPI) and forecast
Table North America – gross domestic product and forecast
Table North America coffee market: spend as a proportion of GDP (%)
Table North America coffee market: consumption per capita (population)