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 By Grand View Research:
www.grandviewresearch.com/industry-analysis/us-hot-drinks-market
www.grandviewresearch.com/industry-analysis/us-hot-drinks-market
Further
key findings from the study 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
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More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/consumer-goods
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
- Fresh
- Instant
- Tea
- Fruit/Herbal
- Black
- Green
- Others
- Others
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/us-hot-drinks-market-analysis
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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Information: www.grandviewresearch.com