Revenue in the Coffee market amounts to US$11.00bn in 2023. The market is expected to grow annually by 3.21% (CAGR 2023-2028).
In global comparison, most revenue is generated in the United States (US$11,000.00m in 2023).
In relation to total population figures, per person revenues of US$32.67 are generated in 2023.
In the Coffee market, volume is expected to amount to 1,066.00m kg by 2028. The market for Coffee market is expected to show a volume growth of 1.9% in 2024.
The average volume per person in the Coffee market is expected to amount to 2.97kg in 2023.
One of the beverages that is drunk the most in the world continues to be coffee.
The rising demand for specialty coffee is one noticeable development in the coffee industry. Consumers are exploring various flavor profiles, looking for distinctive and high-quality coffee experiences, and appreciating the creativity and expertise that go into making coffee.
Additionally, coffee brewing techniques are always changing, giving consumers a variety of unique coffee experiences. Alternative brewing techniques like cold brew, capsule coffee, and AeroPress have grown in popularity. With the use of these strategies, coffee drinkers can experiment with various brewing procedures, extraction periods, and flavor profiles, increasing their overall enjoyment of the beverage and the expanding market for fair-traded and organic goods.
Revenue
Revenue change and expect grow:
Consumer by age:
Consumer by income:
Consumer by gender:
Sales Channel:
Volume/ Consume products:
Price per Unit:
Forecasts:
We use a variety of forecasting approaches in our forecasts. The choice of forecasting methods is depending on how the relevant market behaves. For instance, the market for hot beverages, which is expected to develop steadily, can be anticipated using exponential trend smoothing.
Retailers in US
In retail, the biggest player in the Coffee market is Nestlé whose Nespresso and Nescafé brands are globally recognized household names. Other important players are Jacobs Douwe Egberts (JDE), Tchibo, J.M. Smucker and Lavazza.
Nestlé: is one of the biggest participants in the world's retail coffee business, and its Nespresso and Nescafé brands are well-known and widely used. Nestlé is a major player in the coffee sector and provides a wide selection of coffee products to suit a variety of consumer tastes.
Jacobs Douwe Egberts: Another prominent player in the retail coffee business is Jacobs Douwe Egberts (JDE). Several well-known coffee brands, including Jacobs, Tassimo, Senseo, and Douwe Egberts, are owned by the international corporation JDE. They have a wide range of coffee goods and operate in several nations.
Tchibo: The German business Tchibo is likewise well-known in the coffee industry. They have a significant retail presence and sell a variety of coffee-related goods as well as coffee blends and single-origin coffees. Tchibo operates both in physical stores and through their online platform.
J.M. Smucker: The US coffee market is dominated by J.M. Smucker. Among other brands, they are the owners of Folgers, Dunkin' Donuts, and Café Bustelo. With its coffee products, J.M. Smucker appeals to a wide range of consumer preferences and holds a sizable market share.
Lavazza:, an Italian coffee business, is well known throughout the world and dominates the retail coffee market. They have increased their global distribution and provide a variety of coffee blends, such as espresso and filter coffee.
Top-selling markets in the US by region
The best-selling coffee markets in the US might differ by region. There are some notable areas and the leading markets for coffee in those areas:
West Coast: States like California and Washington, in particular, have a vibrant coffee culture. There is a significant concentration of specialty coffee shops and regional roasters in cities like Seattle, which is well-known for its vibrant coffee industry. National retailers with a strong presence in this area include Starbucks, Peet's Coffee, and Coffee Bean & Tea Leaf.
East Coast: The East Coast also has a thriving coffee culture, especially in places like New York, Boston, and Philadelphia. Along with chain stores like Starbucks and Dunkin' Donuts, there are numerous independent coffee shops and regional roasters that serve the varied needs of the local community.
South: The coffee market is diverse in the Southern region, which includes towns like Atlanta, Miami, and Austin. There are numerous regional players, such as PJ's Coffee, Community Coffee, and Port City Java, in addition to large giants like Starbucks. Additionally, the South is renowned for its love of iced and sweetened coffee drinks.
Southwest: The coffee market is thriving in the Southwest region, which includes cities like Los Angeles, Phoenix, and Las Vegas. Local specialty coffee shops and independent roasters that cater to the various interests of coffee customers are common, as well as national corporations like Starbucks and Coffee Bean & Tea Leaf.
National retailers
National retailers from various countries also export coffee to the United States. While Asian retailers are one segment of the market, there are many national retailers from different regions that participate in the coffee export market to the US include:
1. European Retailers: Several European retailers export coffee to the US market. Companies like Lavazza (Italy), Illy (Italy), Julius Meinl (Austria), and Segafredo Zanetti (Italy) are well-known for their coffee products and have a presence in the US through various distribution channels.
2. Latin American Retailers: Coffee-producing countries in Latin America often have national retailers that export their coffee to the US. For example, Café Britt (Costa Rica), Café de Colombia (Colombia), and Santo Domingo Coffee (Dominican Republic) are prominent brands that export their coffee products to the US market.
3. African Retailers: African coffee-producing countries also have national retailers that export their coffee to the US. Companies like Moyee Coffee (Ethiopia), Union Hand-Roasted Coffee (United Kingdom, but sources from African countries), and Bean There Coffee Company (South Africa) are known for their African-origin coffee and have a presence in the US market.
4. Australian Retailers: Australia has a thriving coffee culture, and some Australian retailers export their coffee to the US. Brands like Vittoria Coffee and Campos Coffee are examples of Australian companies that export their coffee products internationally, including to the US market.
The 5 Most Famous Coffee Chains in the U.S.
Starbucks
-
largest coffee chain in the world. It is headquartered in Seattle, Washington, with almost 15,000 locations in just the United State.
Dunkin’ Donuts
-
Dunkin’ Donuts is a multinational coffee and doughnut shop. Currently, Dunkin’ Donuts has 9,320 locations in the United States across 45 states and 2,886 cities.
Panera Bread
-
There are 2,132 Panera Bread restaurants in the United States as of May 23, 2023. The state with the most number of Panera Bread locations in the US is Florida, with 185 restaurants, which is about 9% of all Panera Bread restaurants in the US.
Tim Hortons
-
There are 630 Tim Hortons restaurants in the United States as of April 27, 2023. The state with the most number of Tim Hortons locations in the US is New York, with 243 restaurants, which is about 39% of all Tim Hortons restaurants in the US.
Caribou Coffee
-
There are 472 Caribou Coffee locations in the United States as of May 03, 2023. The state with the most number of Caribou Coffee locations in the US is Minnesota, with 301 locations, which is about 64% of all Caribou Coffee locations in the US.
Peet's Coffee & Tea
-
Peet’s Coffee was founded in 1966 by Alfred Peet and opened its first shop in Berkley, California. As of 2021, Peet’s Coffee & Tea has over 300 locations in the United States alone. Just like Starbucks, California is home to most of Peet’s Coffee locations. In detail, there are 235 locations in California, which is about 69% of all their stores!
The Coffee Bean & Tea Leaf
-
The Coffee Bean & Tea Leaf are known for their customizable drinks and menu. They offer their customers a variety of different flavors and add-ins. However, their most iconic drinks are the Ice Blended. These are frozen drinks that can be either coffee and tea-based. Today, there are 176 locations . California has 74% of the locations, at 131.
( The research include: The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (per kilogram), as well as sales channels. )