The latest estimates indicate that the North America hot drinks market is expected to experience modest growth, with an incremental increase of USD 10.3 billion. This growth is projected to occur at a compound annual growth rate (CAGR) of approximately 3% during the forecast period from 2024 to 2029. In North America, the hot drinks market is seeing an uptick in demand for gourmet coffee and tea, driven by a growing trend toward premiumization. Additionally, the increasing popularity of home brewing equipment and subscription services is enhancing consumer engagement and accessibility to diverse hot drink options.
The report delivers an in-depth analysis of the North America hot drinks industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, packaging type, distribution channel and country. By offering this detailed analysis, the report assists in uncovering the untapped potential of the hot drinks market.
Market Segmentation
The following outlines the segmentation of the North America hot drinks market:
Product type: coffee, tea, chocolate drinks, malted drinks
Packaging type: flexible packaging, glass, metal, paper-based containers, rigid plastic
Distribution channel: forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, bars & HoReCa, e-commerce, others
Country: USA, Canada
The North America hot drinks market is categorized by product type, packaging type, distribution channel and country. The categorization of the market by product type includes coffee, tea, chocolate drinks, and malted drinks. Packaging type segmentation includes flexible packaging, glass, metal, paper-based containers, and rigid plastic. Distribution channel segments are categorized into forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, bars & HoReCa, e-commerce, and others. Geographically, the market encompasses USA, and Canada.
Competitive Landscape
The North America hot drinks market remains highly competitive, with major players including Traditional Medicinals, The Kraft Heinz Company, The J. M. Smucker Company, The Hain Celestial Group Inc., Tata Consumer Products Ltd., Restaurant Brands International Inc., RC Bigelow Inc., Nestle S.A., McDonald’s Corporation, Massimo Zanetti Beverage Group S.p.A., Luigi Lavazza S.p.A., Lipton Teas and Infusions, JDE Peet’s N.V., Inspire Brands LLC, East West Tea Company LLC, Dr Pepper Snapple Group, Conagra Brands Inc., Community Coffee Company LLC, Black Rifle Coffee Company and Associated British Foods plc.
This report delivers an in-depth examination of leading companies in the hot drinks sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the North America hot drinks market.
Gain in-depth analysis and forecasts for the key segments of the North America hot drinks market: product type, packaging type, distribution channel and country.
Gain deep insights into the dynamics of the North America hot drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the North America hot drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
North America Hot Drinks Market – Product Type Analysis
North America Hot Drinks Market – Packaging Type Analysis
North America Hot Drinks Market – Distribution Channel Analysis
North America Hot Drinks Market – Country Analysis
Key Players and Market Share
– Traditional Medicinals
– The Kraft Heinz Company
– The J. M. Smucker Company
– The Hain Celestial Group, Inc.
– Tata Consumer Products Ltd.
– Restaurant Brands International Inc.
– RC Bigelow Inc.
– Nestle S.A.
– McDonald’s Corporation
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table North America Hot Drinks Market 2019-2029
Chart North America Hot Drinks Market, Net Growth, 2019-2029
Chart North America Hot Drinks Market, Growth Rates, 2019-2029
Table North America Hot Drinks Market by Product Type, 2019-2029
Chart North America Hot Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart North America Hot Drinks Market by Product Type, 2019-2029
Table North America Hot Drinks Market by Packaging Type, 2019-2029
Chart North America Hot Drinks Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart North America Hot Drinks Market by Packaging Type, 2019-2029
Table North America Hot Drinks Market by Distribution Channel, 2019-2029
Chart North America Hot Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart North America Hot Drinks Market by Distribution Channel, 2019-2029
Table North America Hot Drinks Market by Country, 2019-2029
Chart North America Hot Drinks Market by Country, CAGR Historic and Forecast, 2019-2029
Chart North America Hot Drinks Market by Country, 2019-2029
Table North America Hot Drinks Market Share (%), by Companies, 2019-2023
Chart North America Hot Drinks Market, by Companies, 2023
Table North America Hot Drinks Market Share (%), by Brands, 2019-2023
Chart North America Hot Drinks Market, by Brands, 2023
Table North America – Population (Millions) and Forecast
Table North America – Consumer Price Index (CPI) and Forecast
Table North America – Gross Domestic Product and Forecast
Table North America Hot Drinks Market: Spend as a Proportion of GDP (%)
Table North America Hot Drinks Market: Consumption per Capita (Population)
Companies Mentioned
Traditional Medicinals
The Kraft Heinz Company
The J. M. Smucker Company
The Hain Celestial Group, Inc.
Tata Consumer Products Ltd.
Restaurant Brands International Inc.
RC Bigelow Inc.
Nestle S.A.
McDonald’s Corporation
Massimo Zanetti Beverage Group S.p.A.
Luigi Lavazza S.p.A.
Lipton Teas and Infusions
JDE Peet’s N.V.
Inspire Brands LLC
East West Tea Company, LLC
Dr Pepper Snapple Group
Conagra Brands, Inc.
Community Coffee Company, LLC
Black Rifle Coffee Company
Associated British Foods plc