LONDON--(BUSINESS WIRE)--Technavio has announced the top six leading vendors for the global roast and ground coffee market in their latest research report. This report also lists 25 other prominent vendors who are expected to contribute to this market’s growth over the forecast period.
To identify the top vendors, Technavio’s market research analysts have considered the top contributors to the overall revenue of this market. To calculate the market size, the report considers the revenue and volume generated through sales of roast and ground coffee in Europe, the Americas, Asia-Pacific (APAC), and the Middle East and Africa (MEA).
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“APAC exhibits significant growth potential due to many factors such as emerging countries in the region, a shift toward urbanization, rising disposable incomes, and a thriving café culture, which have all contributed significantly to market growth. Leading café chains such as Starbucks and Costa Coffee have therefore opened their retail outlets in this region to leverage the growing trend,” said Vijay Sarathi, one of Technavio’s lead analysts for non-alcoholic beverages.
“China, Japan, India, South Korea, Thailand, and Singapore are key contributors to the roast and ground coffee market in APAC. Japan and South Korea, which are traditionally tea-drinking countries, have over the time developed a coffee consumption culture, thus driving sales of such products,” added Vijay.
Top six leading vendors in the global roast and ground coffee market:
Eight O'Clock Coffee
In 2006, Eight O'Clock Coffee was acquired by Tata Coffee, a subsidiary of Tata Global Beverages. Eight O'Clock Coffee is headquartered in Montvale, New Jersey, US. The company offers a brand line of coffee products and was created by the Great Atlantic & Pacific Tea Company (now A&P) in 1859. Eight O'Clock Coffee operates as a category leader in the gourmet segment in the US retail market and is the leading brand in the branded whole bean market.
J.M. Smucker was founded in 1897 and is headquartered in Orrville, Ohio, US. The company is engaged in the manufacturing and marketing of branded food products worldwide. Its product portfolio includes coffee, frozen sandwiches, toppings, grain products, baking mixes, ready-to-spread frosting, flour and other baking ingredients, beverages, peanut butter, fruit spreads, canned milk, syrups, pickles, and condiments.
Jacobs Douwe Egberts
In 1753, this company opened its first tea and coffee shop in Joure, the largest town in De Friese Meren. In 1925, the company changed the name from De Witte Os to Douwe Egberts as the trading of coffee and tea expanded. In the same year, the company also introduced the Douwe Egberts seal.
Mondelēz International and D.E Master Blenders announced the completion of their respective coffee business transaction on July 2, 2015. This transaction was done to form a new joint business, Jacobs Douwe Egberts. Mondelēz International is a multinational food, confectionery, and beverages company that accounted for a 44% share in Jacobs Douwe Egberts, whereas Acorn Holdings, the parent of D.E Master Blenders, has a 56% share.
Keurig Green Mountain
Keurig Green Mountain was established in 1993 and is headquartered in Vermont, US. The company provides quality coffee and coffeemakers in the US and Canada. The company also manufactures and sells specialty beverages and other dairy-based product and has more than 575 beverage varieties and 80 brands.
The company operates in two locations, the US and Canada. The business segments in these locations offer single-cup brewers and manufacture and produce coffee, tea, cocoa, and other beverages that are available in supermarkets and department stores, and through other distributors. In 2015, the company's net sales were estimated to be around USD 4.7 billion.
Kraft Heinz is co-headquartered in Pittsburgh, Pennsylvania, and Chicago, Illinois, US. The company produces and sells food and beverage products, which include cheese, meats, refreshment beverages, coffees, and packaged dinners. The company offers its food products for breakfast, lunch, and dinner.
The company sells its products under the brand names Kraft, Heinz, Classico, Jell-O, Kool-Aid, Lunchables, ABC, Weight Watchers Smart Ones, Capri Sun, Maxwell House, Ore-Ida, Philadelphia, Planters, Plasmon, Oscar Mayer, Quero, and Velveeta.
Starbucks was founded in 1985 and is headquartered in Seattle, Washington, US. The company is the world's largest coffeehouse chain that markets and sells coffee, tea, and other beverages. It also provides a variety of fresh food offerings such as pastries and breakfast sandwiches.
As of September 27, 2015, the company employed around 238,000 people and had the support of a strong operational network of more than 20,000 retail stores in 65 countries. The company also owns and leases various warehouses, distribution centers, and roasting and manufacturing facilities in the US and the Netherlands. The company reported net sales of USD 19.16 billion in FY2015 and USD 16.44 billion in FY2014.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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