Updated Oct 9, 2022 16:13

Roasted Coffee Substitutes Market in the United States

Market Overview
After two years of growth, the U.S. roasted coffee substitutes market decreased by -% to $ in . In general, consumption showed a noticeable decline. Roasted coffee substitutes consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.

In value terms, roasted coffee substitutes production totaled $ in . Over the period under review, production saw a pronounced setback. The most prominent rate of growth was recorded in 2019 when the production volume increased by % against the previous year. Roasted coffee substitutes production peaked at $ in 2007; however, from 2008 to , production failed to regain momentum.


Consumption
In , consumption of roasted chicory and other roasted coffee substitutes decreased by -% to tons, falling for the second year in a row after two years of growth. Over the period under review, consumption showed a noticeable setback. Over the period under review, consumption reached the maximum volume at tons in 2007; however, from 2008 to , consumption remained at a lower figure.

The size of the roasted coffee substitutes market in the United States reduced slightly to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a perceptible slump. Over the period under review, the market hit record highs at $ in 2007; however, from 2008 to , consumption remained at a lower figure.


Market Forecast
Depressed by shrinking demand for roasted coffee substitutes in the United States, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Over the period under review, imports of roasted coffee substitutes in the United States were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for roasted coffee substitutes. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
The United States remains a net importer of roasted coffee substitutes; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.