- A slowdown in the single serve coffee market is giving some opportunities in the recovering drip coffee market, according to a blog post from NPD Group.
- 42% of respondents to a NPD survey own a single serve coffee system already with less than half saying they plan on replacing their machine in the next three years.
- Drip coffee makers and coffee grinder sales have both improved recently amid the maturity of single-serve as households veer toward having both a quick and a more complex coffee option.
- Related coffee machine stocks: Keurig Green Mountain (NASDAQ:GMCR), Hamilton Beach (NYSE:NC), KitchenAid (NYSE:WHR), Cuisinart (private), Breville (OTCPK:BVILF, OTCPK:BVILY), Mr. Coffee (NYSE:JAH).