Market Size of us ready to drink coffee Industry
| Icons | Lable | Value |
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Study Period | 2018 - 2030 |
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Market Size (2024) | USD 5.45 Billion |
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Market Size (2030) | USD 7.23 Billion |
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Largest Share by Soft Drink Type | Iced coffee |
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CAGR (2024 - 2030) | 4.82 % |
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Fastest Growing by Soft Drink Type | Cold Brew Coffee |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
US Ready to Drink Coffee Market Analysis
The US Ready to Drink Coffee Market size is estimated at 5.45 billion USD in 2024, and is expected to reach 7.23 billion USD by 2030, growing at a CAGR of 4.82% during the forecast period (2024-2030).
5.45 Billion
Market Size in 2024 (USD)
7.23 Billion
Market Size in 2030 (USD)
4.12 %
CAGR (2018-2023)
4.82 %
CAGR (2024-2030)
Largest Segment by Soft Drink Type
25.39 %
value share, Iced coffee, 2023
Iced coffee consumption is driven by the fast-paced and on-the-go hectic lifestyle of the Americans along with wide availability of flavors across the United States.
Largest Segment by Packaging Type
39.53 %
value share, Glass Bottles, 2023
Glass packaging is gaining traction due to its non-reactive property coupled with growing conusmers concerns about the potential health risks associated with certain packaging material
Fastest-growing segment by Soft Drink Type
6.20 %
Projected CAGR, Cold Brew Coffee, 2024-2030
Easy accessibility coupled with the various health benefits associated with cold brew coffee makes it an ideal option for the health conscious consumers in the near future
Fastest-growing segment by Packaging Type
5.62 %
Projected CAGR, Disposable Cups, 2024-2030
Consumers across the country are becoming aware of environmental issues, such as plastic pollution resulting in strong demand for more sustainable and eco-friendly packaging options like tetra packs
Leading Market Player
69.07 %
market share, PepsiCo, Inc., Inc.
Strong production capacity coupled with wide distribution network and strong penetration of the products in retail shelves has made PepsiCo the largest company in the United States
Growing demand for portable and convenient coffee beverages driving the US RTD coffee market
- In 2023, the RTD coffee market in the United States experienced a 4.85% growth compared to 2021. This market is increasingly popular among US consumers who value convenience, as they can effortlessly enjoy RTD coffee during commutes, travel, and work. The 19-29 age demographic particularly favors this beverage. The West Coast is a notable leader in gourmet coffee consumption, with cold brew being nearly 50% more prevalent there than in the South. Southerners show a 25% higher preference for frozen blended coffee compared to Northeasterners.
- Projected to expand at a CAGR of 5.92% from 2023 to 2030, the cold-brew coffee market is the fastest-growing segment within the RTD coffee market in the United States. The customization of cold brew, allowing for the addition of sweeteners, milk, and a variety of flavors, significantly contributes to its growing appeal across diverse consumer tastes.
- The iced coffee segment was a major player in the US RTD coffee market in 2023, with consumers across the country choosing it for its caffeine content and the ability to enhance alertness and focus. Iced coffee products are available at various price points, typically ranging from USD 2.54 to USD 3.55, appealing to a broad customer base. These beverages are especially popular during warmer weather as a refreshing on-the-go option. Leading brands like Dunkin' Donuts and Starbucks are at the forefront of the iced coffee market. The RTD coffee sector in the United States is expected to experience significant growth, with a projected increase of 9.51% during the 2027-2029 period.
Understand The Key Trends Shaping This Market
