Based on historical data, roasted coffee sales in the US increased from $9.414 billion in 2013 to $13.317 billion in 2023. In 2023, the value stood at $13.317 billion. Over this period, the market experienced fluctuations with notable growth and occasional declines. For instance, the market dipped slightly in 2016 and 2020 but regained momentum in subsequent years. The year-on-year variation indicates an average increase, with 2021 seeing a significant spike of 8.13%. The average variation per year over the last five years (CAGR) was 2.74%. Moving forward, forecasts from 2024 to 2028 predict a consistent growth rate with an average annual CAGR of 1.88%.
Future trends to watch for include:
- Potential market stabilization or acceleration influenced by consumer preferences for premium and specialty coffee variants.
- Impact of sustainability initiatives and ethical sourcing practices on product offerings and pricing.
- Technological innovations in coffee brewing and distribution channels driving consumer interest.
Latest reports
US Coffee Market Report- Q1 2025
In Q1 2025, the US coffee market is experiencing dynamic shifts influenced by a combination of economic, climatic, and consumer behavior factors. This...
China Coffee Market Report- Q4 2024
The fourth quarter of 2024 was marked by dynamic changes and significant growth in the coffee market in China. Driven by demographic and...
Japan Coffee Market Report- Q4 2024
In Q4 2024, the coffee market in Japan continues to evolve, driven by various economic, consumer, and competitive dynamics. This quarter highlights significant...
Germany Coffee Market Report- Q1 2025
The coffee market in Germany during the first quarter of 2025 is experiencing significant shifts driven by evolving consumer preferences, economic conditions, and...
India Coffee Market Report- Q1 2025
The Indian coffee market in the first quarter of 2025 is experiencing dynamic developments driven by surging exports, increased out-of-home consumption, and a...
UK Coffee Market Report- Q4 2024
The UK coffee market in the fourth quarter of 2024 experienced robust growth, primarily driven by a significant increase in demand for specialty...
France Coffee Market Report- Q1 2025
The France coffee market in Q1 2025 is characterized by dynamic shifts and evolving trends across various segments. With the backdrop of economic...
Canada Coffee Market Report- Q4 2024
The Canadian coffee market in Q4 2024 experienced significant developments influenced by rising coffee prices, economic conditions, and evolving consumer preferences. This quarter...
Brazil Coffee Market Report- Q1 2025
In the first quarter of 2025, the Brazilian coffee market faced significant challenges and opportunities influenced by a combination of adverse weather conditions,...
Italy Coffee Market Report- Q1 2025
In the first quarter of 2025, the Italian coffee market navigated a complex landscape marked by rising global coffee prices, shifts in consumer...
