Market Share of North America Coffee Industry
The North American coffee market is highly fragmented and is a very competitive space. Nestle, The Kraft Heinz Company, Starbucks Corporation, Tata Global Beverages, The J.M. Smucker Company, and JAB Holdings B.V, among others, are some players operating in the landscape. Product developments, expansions, and mergers and acquisitions are the main strategies used by companies in this market. Manufacturers are expanding their product portfolio and are trying to cater to larger addressable markets with the help of a competent distribution network. For instance, in June 2021, Peet's Coffee developed a completely personalized coffee experience on peets.com, allowing coffee enthusiasts to select their favorite blend and grind type before the coffee is roasted. Peet's allows consumers to digitally gift tailored experiences to friends and loved ones through GiftNow.
North America Specialty Coffee Market Leaders
Nestlé S.A.
Starbucks Corporation
The J.M. Smucker Company
JAB Holding Company
Luigi Lavazza S.p.A.
*Disclaimer: Major Players sorted in no particular order
