The U.S.hot drinks market size is expected to reach USD
21,600.4 million by 2025, 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
Full research report on U.S. hot drinks market analysis:
https://www.grandviewresearch.com/industry-analysis/us-hot-drinks-market
https://www.grandviewresearch.com/industry-analysis/us-hot-drinks-market
Further key findings from the report suggest:
·
U.S. brewed tea industry segment is
expected to be the fastest-growing segment, in terms of revenue, registering a
CAGR of 4.1% from 2018 to 2025 owing to the superior health benefits offered by
the product as compared to other cold brewed and carbonated beverages.
·
The brewed coffee segment is expected to be
the largest in the economy with a value of USD 14,241.1 million in 2017, on
account of the presence of a large number of industries offering varieties of
coffee products available in the country
·
The fastest growing tea segment is
anticipated to be fruit/herbal tea with a CAGR of 6.1%, in terms of revenue from
2018 to 2025, on account of growing awareness among the consumers regarding the
ill effects of other beverages as compared to herbal tea
·
Key companies in the industry are involved
in the production in accordance with the requirements listed by the commercial
and non-commercial consumers. The companies involved in the product manufacture
operate across the country through extensive distribution networks
View more reports of this category by Grand
View Research at: https://www.grandviewresearch.com/industry/consumer-goods
Grand View Research has segmented the U.S. hot drinks market on the
basis of product and its sub segments:
Product Outlook (Revenue, USD Million;
2014 - 2025)
·
Coffee
o
Fresh
o
Instant
·
Tea
o
Fruit/Herbal
o
Black
o
Green
o
Others
·
Others
Access Full Press Release of this
Report:
https://www.grandviewresearch.com/press-release/us-hot-drinks-market-analysis
https://www.grandviewresearch.com/press-release/us-hot-drinks-market-analysis
About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
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