Coffee is one of the biggest industries in the world—and one of the biggest drivers of the stock markets. There are entire coffee companies specializing in everything from roasting to brewing to selling coffee beans. And most important: there are tons of opportunities for investors to profit from the growing coffee market. Coffee is one of the world’s most popular drinks. While it’s enjoyed worldwide, they vary in taste and origin, although most come from Africa, Asia, and the Americas.
Here’s a list of the top 7 coffee stocks to invest in for 2023, based on market fundamentals, consumer trends, quality, and more.
Keurig Dr. Pepper
Keurig Dr. Pepper (NASDAQ: KDP) is one of the world’s most recognized brands and one of the largest ready-to-drink coffee businesses. It’s undeniable that this brand has pioneered the ready-to-drink coffee market with its Keurig line of single-serve coffee brewers.
Keurig Dr. Pepper is one of the largest makers of coffee and soft drinks in North America. Their products are available in over 70,000 retail outlets and 60 countries. The company generates more than 65 million cups of coffee every day.
Starbucks Corporation (NASDAQ: SBUX) is a multinational coffeehouse chain. The company sells hot and cold drinks, snacks, baked goods and pastries, and a range of alcoholic beverages. The company operates more than 23,000 stores in 76 countries.
The company’s innovative business model of selling high-quality coffee at high prices has enabled it to expand rapidly and become the market leader in specialty coffee.
Monster Beverage Corporation (NASDAQ: MNST) is a publicly traded American beverage company that specializes in energy drinks, fruit drinks, and dairy products. Headquartered in Corona, California, Monster Beverage sells its products in over 100 countries. The company specializes in products in the energy and zero-calorie beverage segments.
The company sells over 2.4 billion cases of Monster Energy Drink, and Monster Beverage Corporation sells a total of 16 different Monster Energy-branded products globally. The company has a network of almost 400,000 independent retail locations around the globe.
J.M. Smucker Co.
The J.M Smucker Co., better known as Smucker’s, is an American food producer located in Orrville, Ohio. The brand was founded in 1851 and is famous for its jams, jellies, coffee, and pet foods. J. M. Smucker Co. (SJM) is a 78-year-old company that manufactures and markets branded pet food, coffee, and baking ingredients.
Coffee Holding Co.
Coffee Holding Company is one of the US Coffee companies. The company is one of the best coffee stocks on the market. In terms of coffee stocks to invest in, Coffee Holding Company is a leader. The company’s massive growth last year has been very impressive.
The Company is focused on growing the retail food channel for its owned brands through new and existing stores. Currently, the company operates 19 retail coffee-roasting businesses. Additionally, the company has 14 retail distribution franchises (“Triple Z”), 23 retail stores, and two wholesale coffee businesses.
Restaurant Brands International
Restaurant Brands International or better known as RBIT is a restaurant company that provides services in the quick service restaurant (QSR), casual dining and quick service restaurant (QSR), and cafes and food concessions. Currently, RBIT owns and operates quick service restaurants such as; Taco Bell, Carl’s Jr., and Hardee’s in the US, and KFC and Pizza Hut in Europe. Restaurant Brands International, Inc. (NYSE: QSR), a restaurant operator, is one of the largest quick-service restaurant companies by market capitalization in the United States.
Nestle is one of the most well-known and largest food companies in the world. With financials in excess of $200 billion, the company continues to expand and diversify into different food markets. In addition to pet food and coffee, nestle also produces espresso, chocolate, and cereal.
Nestle is a leading global food and beverage company with a vast range of products and services. The company has offices in over 100 countries. The Swiss food giant is best known for its iconic brands, including Nescafe, Nespresso, Perrier, and Purina. The company’s diversified portfolio of brands also includes Gerber, belVita, Lean Cuisine, Nesquik, Hot Pockets, Stouffer’s, Nature Valley, Breyers, and Gold Peak.