According to a market report by Lucintel, the future of the coffee market in the US looks promising with opportunities in the on-trade and off-trade distribution channels. The major drivers for this market are increasing demand for certified coffee products, acceptance of single-serve coffee brew systems, increasing number of cafes, and constant innovation by top manufacturers.
In this market, whole-bean, ground coffee, instant coffee, coffee pods & capsules, and others are the major product types. Instant coffee product is the largest segment over the forecast period due to rising demand for single serve packets and growth in the demand of innovative flavors.
Within the coffee market, off-trade market is the major distribution channel. The off-trade segment is expected to witness the highest growth over the forecast period due to increase in installation of coffee machines, single brewing systems and an increasing number of coffee bars and easy product availability in various supermarkets, departmental and convenience stores.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the coffee market in the US by product type and distribution channel and has compiled a comprehensive research report titled “Growth Opportunities for the Coffee Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the coffee market in the US by product type and distribution channel as follows:
By Product Type [$ Million Shipment Analysis from 2015 to 2026]:
Whole-Bean
Ground Coffee
Instant Coffee
Coffee Pods & Capsules
Others
By Distribution Channel [$ Million Shipment Analysis from 2015 to 2026]:
A more than 50 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.