The North America instant coffee market reached a volume of 167.5 Million Kg in 2019. Instant coffee, also known as soluble coffee or coffee powder, is a type of beverage that is made from brewed coffee beans. It is available in powder form and can be consumed by adding hot water or milk. Instant coffee contains high level of antioxidants and minerals such as potassium, magnesium and niacin. Owing to this, it helps in increasing metabolism, improving brain function and enhancing liver health. Presently, there is a rise in the demand for single-serve packets of instant coffee as they are economical and convenient for consumers to consume in offices, restaurants, hotels, etc.
North America is currently experiencing a steady market growth for instant coffee owing to the socio-economic conditions. The hectic and stressful lifestyle of people has fueled the demand for instant coffee in the region. Moreover, the easy availability of a wide range of new flavors, such as cappuccino, mocha, French vanilla, Italian roast, organic instant coffee and green bean instant coffee, will continue to spur the demand in the upcoming years. Looking forward, IMARC Group expects the market to reach a volume of 201.2 Million Kg by 2025, registering a CAGR of more than 3% during 2020-2025.
Key Questions Answered in This Report:
IMARC Group’s latest report provides a deep insight into the North America instant coffee market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America instant coffee market in any manner.
Report Customization: Although IMARC has tried to cover everything in the North America instant coffee market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
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