Hot drinks market in the US to grow at a CAGR of 1.68% over the period 2015-2019

(MoneyNewsWire.Net, July 01, 2015 )

About Hot Drinks

Hot drinks are classified into three: coffee, tea, and other hot drinks. The US is always considered as the first mover in terms of technological innovations, and this does not change in case of the hot drinks market in the country. Market vendors are launching new flavors and innovative products, coupled with the changing lifestyle in the country. In the US, consumption of hot tea among the aging population is high due to its health benefits, whereas coffee is popular as a social drink.

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Technavio's analysts forecast the hot drinks market in the US to grow at a CAGR of 1.68% over the period 2015-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the hot drinks market in the US for the period 2015-2019. Based on type, hot drinks are classified into the following:

Coffee
Tea
Other hot drinks

Technavio's report, Hot Drinks Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US. It provides details about the existing market landscape and the growth prospects in the coming years. The report further includes a discussion of the key vendors operating in this market.

Key Regions

US

Key Vendors

J.M. Smucker
Mondelez
Nestle
Starbucks

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Other Prominent Vendors

Community Coffee
Eight O’ Clock Coffee
Hain Celestial Group
Keurig Green Mountain
Kraft Foods
Kroger
Massimo Zanetti Beverage
Peat’s Coffee and Tea
RC Bigelow
RedCo Foods
Reily Foods
Twining
Unilever
Yogi Tea

Key Market Driver

Quick Service Coffee
For a full, detailed list, view our report

Key Market Challenge

Growing Popularity of Iced Tea
For a full, detailed list, view our report

Key Market Trend

Guilt-free Drinking
For a full, detailed list, view our report

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Key Questions Answered in this Report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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