Roasted Coffee Substitutes Market Overview in the USA
In value terms, roasted coffee substitutes production dropped significantly to $ in 2018. Overall, the total production indicated a slight increase from 2007 to 2018: its value increased at an average annual rate of +% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of % y-o-y. Roasted coffee substitutes production peaked at $ in 2017, and then fell significantly in the following year.
The size of the roasted coffee substitutes market in the U.S. declined to $ in 2018, with a decrease of -% 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). The market value increased at an average annual rate of +% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the market value increased by % y-o-y. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to 2018, consumption remained at a lower figure.