Office and Commercial Coffee Services Market in North America 2017-2021

Overview of the office and commercial coffee services market in North America

Market research analysts at Technavio predict that the office and commercial coffee services market in North America will grow steadily at a CAGR of around 5% by 2021. This market research analysis identifies the growing number of restaurants and coffee chains across North America as one of the primary growth factors for this market. The consumers in US primarily prefer coffee as the most popular beverage which expands the growth potential for office and commercial service providers. The players in the market cater to bakeries, breakfast stops, cafeterias, catering services, coffee shops, delicatessens, family establishments, fast casual, fine dining, local cafes, and QSRs (quick service restaurants).

Consumers are increasingly demanding for new flavors and product variants and this consequently increases the demand for specialty coffee beans. Specialty coffee beans have reduced bitterness, sourness, and unpleasant flavors. The demand for specialty coffee beans is more in high end hotels and restaurants. However, the product is steadily entering the mainstream market. The market analysis identifies the increase in consumption of specialty coffee on the rise as one of the key trends behind the growth of the office and commercial coffee services market in North America.

Competitive landscape and key vendors

The market is highly competitive and fragmented due to the presence of several large and small companies with significant market share and varying product offerings. The growth of the coffee delivery vendors in the market is influenced by the preferences of the existing clientele. To increase their market shares the players in the office coffee service market engage in various marketing strategies such as introducing new product categories that address broader customer needs, product safety and quality concerns to maintain consumer confidence, and reducing operational costs.

The leading vendors in the market are -

• Farmer Bros.
• Keurig Green Mountain
• Nestlé
• PEET'S COFFEE & TEA
• ROYAL CUP COFFEE

The other prominent vendors in the market are BUNN, Hamilton Beach Brands, Imperial Coffee and Services, Jarden Corporation, Mars, Mister Coffee & Services, and Starbucks Corporation.

Segmentation by end user and analysis of the office and commercial coffee services market in North America

• Offices
• Foodservice and restaurants
• Healthcare and hospitality
• Education

The office segment will be the major end user to the office coffee service market. This will mainly attribute to the high investments by the employers to procure office and commercial coffee services to increase employee engagements.

Geographical segmentation and analysis of the office and commercial coffee services market in North America

• US
• Canada

This market research and analysis estimates that due to the increasing number of office establishments, the presence of several vendors, and significant innovation in technology, the US will be the major revenue contributor to the office and commercial coffee services market in North America.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the office and commercial coffee services market in North America?
• What are the key market trends impacting the growth of the office and commercial coffee services market in North America?
• What are the challenges to market growth?
• Who are the key vendors in the office and commercial coffee services market in North America?
• What are the market opportunities and threats faced by the vendors in the office and commercial coffee services market in North America?
• Trending factors influencing the market shares of the US and Canada.
• What are the key outcomes of the five forces analysis of the office and commercial coffee services market in North America?

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