Coffee Production in the US
Coffee manufacturers purchase coffee beans and process them into roasted or ground coffee products. In recent years, the world price of coffee has experienced fluctuations, but coffee producers have largely passed these costs onto consumers. Price-based competition has limited profit for some manufacturers, and profit has decreased to 10.4%. An appreciated dollar during a portion of the current period has constrained industry exports. Overall, industry revenue has grown at a CAGR of 0.7% to $13.0 billion over the five years to 2023, including a decline of 1.8% in 2023 alone as the economy continues to recover from the COVID-19 pandemic.
This industry produces coffee, typically by purchasing coffee beans and processing them into roasted or ground coffee products. The industry excludes tea production and revenue from coffee made on premises, such as in a coffeehouse or cafe. Coffee creamer production is also excluded from the industry.
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.
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