U.S. Hot Drinks Market Size, Share & Trends Analysis Report By Type (Coffee, Tea, Other), By Distribution Channel (Hotel & Restaurants, Cafe, Others), And Segment Forecasts, 2024

Description

U.S. Hot Drinks Market Growth & Trends:

The U.S. hot drinks market size is expected to reach USD 27.4 billion by 2030, registering a CAGR of 4.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The industry is anticipated to grow, primarily on account of the increased usage of healthy beverages supporting the dietary requirements of the growing population of the country.

The consumers in the economy lay higher emphasis on the sourcing of the product. In addition, the overall quality is generally determined by the consumers through the certifications associated with the product. The industry is characterized by the presence of a notable regulatory framework with regulations related to processing, roasting, packaging, and transportation of the product.

The consumers are inclined towards the use of tea on account of the recognition of healthy properties exhibited by tea as compared to CSDs. The industry in the country is expected to register prominent gains driven by high consumption volume of the such beverages by the growing millennials population in the country.

There is an upsurge in the consumption of coffee beverages in the economy. owing to the growing gourmet culture exhibited in the industry as well as on account of major expansions undertaken by the leaders in the industry. The escalating demand of hot coffee is attributed to the increasing demand of coffee pods in the mature coffee industry in the economy

U.S. Hot Drinks Market Report Highlights:

Tea is expected to register the highest CAGR during the forecast period. Artisanal tea blenders, specialty tea shops, and tea boutiques have gained prominence in the U.S. market, offering consumers a curated selection of high-quality, ethically sourced teas worldwide.
Coffee dominated the market and accounted for a market revenue share of 75.6% in 2023. Coffee is pervasive in American culture, with a rich tradition of coffee consumption dating back centuries.
Cafe segment accounted for the largest market revenue share in 2023. Cafes are popular destinations for consumers seeking a variety of hot beverages, including coffee, tea, and specialty drinks.

Product Code: GVR-2-68038-361-4

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. U.S. Hot Drinks Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. U.S. Hot Drink Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. U.S. Hot Drinks Market: Product Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. U.S. Hot Drinks Market: Product Analysis, 2023 & 2030 (USD Million)
4.3. Coffee
- 4.3.1. Coffee Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Tea
- 4.4.1. Tea Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
  - 4.4.1.1. Herbal/Fruit
    - 4.4.1.1.1. Herbal/ Fruit Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
  - 4.4.1.2. Black
    - 4.4.1.2.1. Black Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
  - 4.4.1.3. Green
    - 4.4.1.3.1. Green Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
  - 4.4.1.4. Others
    - 4.4.1.4.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Others
- 4.5.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. U.S. Hot Drinks Market: Distribution Channel Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. U.S. Hot Drinks Market: Distribution Channel Analysis, 2023 & 2030 (USD Million)
5.3. Hotel & Restaurants
- 5.3.1. Hotel & Restaurants Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Cafe
- 5.4.1. Cafe Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Others
- 5.5.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Competitive Landscape

6.1. Recent Developments & Impact Analysis by Key Market Participants
6.2. Company Categorization
6.3. Company Heat Map Analysis
6.4. Company Profiles
- 6.4.1. Starbucks Coffee Company
  - 6.4.1.1. Participant's Overview
  - 6.4.1.2. Financial Performance
  - 6.4.1.3. Product Benchmarking
  - 6.4.1.4. Recent Developments/ Strategic Initiatives
- 6.4.2. PEET'S COFFEE
  - 6.4.2.1. Participant's Overview
  - 6.4.2.2. Financial Performance
  - 6.4.2.3. Product Benchmarking
  - 6.4.2.4. Recent Developments/ Strategic Initiatives
- 6.4.3. Caribou Coffee
  - 6.4.3.1. Participant's Overview
  - 6.4.3.2. Financial Performance
  - 6.4.3.3. Product Benchmarking
  - 6.4.3.4. Recent Developments/ Strategic Initiatives
- 6.4.4. The Coffee Bean & Tea Leaf
  - 6.4.4.1. Participant's Overview
  - 6.4.4.2. Financial Performance
  - 6.4.4.3. Product Benchmarking
  - 6.4.4.4. Recent Developments/ Strategic Initiatives
- 6.4.5. Tim Hortons Inc.
  - 6.4.5.1. Participant's Overview
  - 6.4.5.2. Financial Performance
  - 6.4.5.3. Product Benchmarking
  - 6.4.5.4. Recent Developments/ Strategic Initiatives
- 6.4.6. Dutch Bros Coffee
  - 6.4.6.1. Participant's Overview
  - 6.4.6.2. Financial Performance
  - 6.4.6.3. Product Benchmarking
  - 6.4.6.4. Recent Developments/ Strategic Initiatives
- 6.4.7. Dunn Brothers Coffee
  - 6.4.7.1. Participant's Overview
  - 6.4.7.2. Financial Performance
  - 6.4.7.3. Product Benchmarking
  - 6.4.7.4. Recent Developments/ Strategic Initiatives
- 6.4.8. Argo Tea
  - 6.4.8.1. Participant's Overview
  - 6.4.8.2. Financial Performance
  - 6.4.8.3. Product Benchmarking
  - 6.4.8.4. Recent Developments/ Strategic Initiatives
- 6.4.9. Baxter's Coffee
  - 6.4.9.1. Participant's Overview
  - 6.4.9.2. Financial Performance
  - 6.4.9.3. Product Benchmarking
  - 6.4.9.4. Recent Developments/ Strategic Initiatives
- 6.4.10. Dunkin Donuts
  - 6.4.10.1. Participant's Overview
  - 6.4.10.2. Financial Performance
  - 6.4.10.3. Product Benchmarking
  - 6.4.10.4. Recent Developments/ Strategic Initiatives

U.S. Hot Drinks Market Size, Share & Trends Analysis Report By Type (Coffee, Tea, Other), By Distribution Channel (Hotel & Restaurants, Cafe, Others), And Segment Forecasts, 2024 - 2030