IndexBox has just released a new report "U.S. Coffee And Tea Market - Analysis And Forecast to 2025".
According to the report, the value of coffee and tea production in the U.S. amounted to $13.2B in 2016, remaining practically unchanged from the previous year level. Overall, the U.S. coffee and tea output pursued a significant growth from 2007 to 2016. The total output figures increased at an average annual rate of +6.8%. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The most significant growth was recorded in 2010, when the value of production increased by +29% from the previous year. Over the period under review, the output figure with regard to coffee and tea in the United States attained its maximum level of $13.2B in 2015. Afterwards, the growth in terms of the coffee and tea production failed to regain its strength through to 2016.
Roasted coffee constituted the major product category in the U.S. coffee and tea manufacturing, with a share in total output standing near 82% in 2016. Tea in consumer packages lagged far behing, accounting for only the 10% share. The other related products together comprised approx. 8% of the total output. From 2008 to 2016, the value of shipments of roasted coffee rised at an average annual rate of +7.6%. At the same time, the output of tea in consumer packages expanded by an average +3.5% per year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. coffee and tea industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the coffee and tea industry. The report provides a forecast of the expected changes in the coffee and tea market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the coffee and tea trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.
Product coverage: Roasted coffee; Coffee, concentrated (freeze-dried, spray-dried, frozen or liquid concentrated, mixtures, etc.), including coffee extracts and substitutes; Tea in consumer packages; Coffee and tea manufacturing, nsk, total.
Companies mentioned:
Peet's Coffee & Tea, Community Coffee Company, Royal Cup, Reily Foods Company, S. & D. Coffee, R.C. Bigelow, Boyd Coffee Company, Keurig Green Mountain, New England Partnership, Imperial, Atlantic Coffee Industrial Solutions, Farmer Bros. Co., F. Gavina & Sons, Coffee Holding Co., Tc Global, The Folger Coffee Company, Celestial Seasonings, East West Tea Company, Millstone Coffee, Jbr, Wm. B. Reily & Company, Tetley US Holdings, CCC Holding, Hie Holdings, Twinlab Corporation, Refreshment Product Services, Inter American Products.
IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:
- International official statistical agencies
- Governmental statistical agencies
- Official trade statistics
- Paid trade databases
- Industrial associations
- Company reports
- Industry experts
The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.
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