Hot Drinks Market in the US to grow at a CAGR of 1.68% over the period 2014-2019, Finds New Report

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

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.

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

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

According to the report, the growth of the market is primarily driven by premiumization and demand for convenience brought about by the increasingly busy lifestyles of consumers and a growing willingness to spend on premium products. Many vendors are introducing innovative products such as coffee bags, tea infusers, coffee pods, and coffee capsules. They are also manufacturing products specifically for children, especially tea.

Key players in the Hot Drinks Market in the US: Mondelez, Nestlé SA, Starbucks Corp. and The J.M. Smucker Co.

Other Prominent Vendors in the market are: Community Coffee, ConAgra Foods, Eight O' Clock Coffee, Hain Celestial Group, Keurig Green Mountain, Kraft Foods, Kroger, Massimo Zanetti Beverage, Peat's Coffee & Tea, RC Bigelow, RedCo Foods, Reily Foods, Safeway, Stash Tea, Tetley USA, Traditional Medicinals, Twining, Unilever, Wal-Mart Stores and 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

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?

Spanning over 83 pages, “Hot Drinks Market in the US 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Product, Market Segmentation by Distribution Channel, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and Their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4uo

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