Fresh brew: Continued growth will be driven by more consumers purchasing premium coffeeAbstractCoffee Production in the US
The Coffee Production industry expanded over the five years to 2017 with the introduction of various coffee trends. Yet, growth has been volatile, expanding in the latter half of the period, partly due to unstable input commodity costs (namely coffee beans). Over the five years to 2022, operators’ ability to adapt to fluctuations in coffee bean prices and consumer preferences, such as ethical consumerism and the growing awareness of fair trade and organic coffee production methods, will be vital to industry performance. Operators are also expected to experience an increased level of external competition from imports, which are expected to satisfy more than one-third of domestic demand in 2022.
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.