Hot Drinks in the United States
Summary
Hot Drinks in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The hot drinks market consists of the retail sales of coffee, tea and other hot drinks. The coffee segment consists of instant coffee, roast and ground coffee and coffee beans. The tea segment consists of black specialty tea, fruit and herbal tea, green tea, instant tea and tea pods. The other hot drinks segment consists of chocolate-based hot drinks and malt-based hot drinks. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 exchange rates.
- The US hot drinks market had total revenues of $24,184.1 million in 2023, representing a compound annual growth rate (CAGR) of 9.3% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 1.7% between 2018 and 2023, to reach a total of 944.5 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 3% for the five-year period 2023-28, which is expected to drive the market to a value of $27,990.9 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hot drinks market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hot drinks market in the United States
- Leading company profiles reveal details of key hot drinks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States hot drinks market with five year forecasts
- What was the size of the United States hot drinks market by value in 2023?
- What will be the size of the United States hot drinks market in 2028?
- What factors are affecting the strength of competition in the United States hot drinks market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States's hot drinks market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the US hot drinks market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-23)?
- 7.4. Which companies market shares have suffered over the same period?
- 7.5. What are the most popular brands in the US hot drinks market?
- 8 Company Profiles
- 8.1. The J.M. Smucker Co
- 8.2. The Kraft Heinz Co
- 8.3. Nestle SA
- 8.4. JAB Holding Company SARL
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United States hot drinks market value: $ million, 2018-23
- Table 2: United States hot drinks market volume: million kilograms, 2018-23
- Table 3: United States hot drinks market category segmentation: % share, by value, 2018-23
- Table 4: United States hot drinks market category segmentation: $ million, 2018-23
- Table 5: United States hot drinks market geography segmentation: $ million, 2023
- Table 6: United States hot drinks market distribution: % share, by value, 2023
- Table 7: United States hot drinks market value forecast: $ million, 2023-28
- Table 8: United States hot drinks market volume forecast: million kilograms, 2023-28
- Table 9: United States hot drinks market share: % share, by value, 2023
- Table 10: The J.M. Smucker Co: Key Facts
- Table 11: The J.M. Smucker Co: Annual Financial Ratios
- Table 12: The J.M. Smucker Co: Key Employees
- Table 13: The J.M. Smucker Co: Key Employees Continued
- Table 14: The Kraft Heinz Co: Key Facts
- Table 15: The Kraft Heinz Co: Annual Financial Ratios
- Table 16: The Kraft Heinz Co: Key Employees
- Table 17: The Kraft Heinz Co: Key Employees Continued
- Table 18: Nestle SA: Key Facts
- Table 19: Nestle SA: Annual Financial Ratios
- Table 20: Nestle SA: Key Employees
- Table 21: Nestle SA: Key Employees Continued
- Table 22: JAB Holding Company SARL: Key Facts
- Table 23: JAB Holding Company SARL: Key Employees
- Table 24: United States Size of Population (million), 2019-23
- Table 25: United States Real GDP (constant 2010 prices, $ billion), 2019-23
- Table 26: United States GDP (current prices, $ billion), 2019-23
- Table 27: United States Inflation, 2019-23
- Table 28: United States Consumer Price Index (absolute), 2019-23
- Table 29: United States Exchange Rate, 2018-23
- List of Figures
- Figure 1: 220 Laboratories Inc: Deal Activity by Deal Type - Volume (2020 - YTD*2024)
- Figure 2: 220 Laboratories Inc: Private Equity and Ownership Volume and Value Trend (2020 - YTD*2024)
- Figure 3: 220 Laboratories Inc: Private Equity and Ownership Volume by Deal Type (2020 - YTD*2024)
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