US - Office Coffee Service Market by Application, End-user and Price Range - Forecast and Analysis 2024-2028

Published: Jan 2024

Pages: 147

SKU: IRTNTR75374

Snapshot

US - Office Coffee Service Market 2024-2028

The US - Office Coffee Service Market size is forecast to increase by USD 1,230 million, at a CAGR of 8.47% between 2023 and 2028. Several factors play a crucial role in the market's growth, such as the growing working population in the US, convenience and time-saving associated with office coffee service and increasing focus on employee satisfaction and productivity.

The report includes a comprehensive outlook on the market, offering forecasts for the industry segmented by Application, which comprises cafe, office building, restaurant, malls and others. Additionally, it categorizes End-user into large organizations and SMEs and covers Price Range, including low, medium, and high. The market analysis and report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.

What will be the Size of the Market During the Forecast Period?

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Market Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, market trends and analysis, and challenges. A holistic market growth analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The growing working population in the US is notably driving the market growth. In the US, with a growing workforce, there is a corresponding increase in the number of offices and workplaces. These office spaces become potential customers for office coffee service providers. As new companies emerge and existing businesses expand, the demand for coffee services rises, creating opportunities for providers to cater to the growing working population. The growing working population consists of diverse individuals with varying preferences and expectations.

Moreover, many employees now expect access to quality coffee and beverage options in their workplaces as part of the overall employee experience. Employers recognize this trend and seek to provide amenities that enhance employee satisfaction and attract top talent, including high-quality coffee services. Thus, the growing working population in the US is the major driver, which is expected to boost the growth of the regional market during the forecast period.

Key Market Trends

Increasing demand for speciality coffee is an emerging trend shaping the market growth. Specialty coffee refers to high-quality coffee that is produced and processed with exceptional care and attention to detail, often from a single origin or small region. Specialty coffee is typically grown and harvested under strict conditions, such as at high altitudes or in shade-grown conditions, to ensure the best possible flavor and aroma. The specialty coffee market has grown rapidly in recent years, driven by a growing appreciation for the complexity and diversity of coffee flavors, as well as a desire for unique and memorable coffee experiences.

Additionally, office coffee service providers offer a wide range of specialty coffee options, including single-origin coffees and unique blends, and are likely to appeal to this growing US - office coffee service market segment. Specialty coffee is often more expensive than traditional coffee, but consumers are willing to pay a premium price for the unique and high-quality coffee experience it offers. Such factors are expected to drive the growth of the regional market during the market forecast period.

Major Market Challenge

Workplace changes and the growing adoption of remote working a significant challenges hindering market growth. With more employees working remotely or in hybrid work models, the demand for office coffee services has decreased. Office coffee service providers may experience a decline in the number of clients and overall consumption volume, leading to a potential loss of revenue. Remote work requires a shift in the way coffee services are delivered. Instead of servicing central office locations, providers now need to navigate decentralized and geographically dispersed workspaces.

Furthermore, with the shift to remote work, employees have greater access to home brewing equipment and the ability to make their coffee. This presents a challenge for office coffee service providers to compete with the convenience and cost-effectiveness of home brewing. Thus, workplace changes and the growing adoption of the remote working model can become a major challenge to the market growth and trends of the regional market during the forecast period.

Market Customer Landscape

The market research and growth report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

A.H. Management Group - The company offers office coffee services which deliver custom-designed corporate and office coffee including cold brew and nitro cold brew.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Market?

The cafe segment is estimated to witness significant growth during the forecast period. The cafe segment of the office coffee service market in the US includes coffee shops, cafes, and other similar businesses that primarily serve coffee and related products to customers. This segment is highly competitive, with a large number of independent cafes and chain coffee shops operating in the market.

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The cafe segment was the largest and was valued at USD 990.00 million in 2018. Office coffee service providers may supply coffee, equipment, and other supplies to cafes and coffee shops to help them provide high-quality products and services to their customers. They may offer a range of products, such as gourmet and speciality blends, as well as equipment and maintenance services. Punch that the cafes and coffee shops can provide a consistent and high-quality coffee experience to their customers. In addition to coffee and equipment, office coffee service providers may also offer training and support services to help cafe owners and staff improve their knowledge and skills related to coffee preparation and service. This can include barista training, coffee tasting and cupping sessions, and other similar programs. Overall, owing to the growing consumer demand for high-quality coffee, the cafe segment in the regional market will grow significantly during the forecast period.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.

Application Outlook
- Cafe
- Office building
- Restaurant
- Malls and others

End-user Outlook
- Large organizations
- SMEs

Price Range Outlook
- Low
- Medium
- High

US Office Coffee Service Market Scope
Report Coverage	Details
Page number	147
Base year	2023
Historic period	2018-2022
Market forecasting period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 8.47%
Market Growth 2024-2028	USD 1,230 million
Market structure	Fragmented
YoY growth 2023-2024(%)	7.88
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	A.H. Management Group, Aramark, Break Coffee, Bunn O Matic Corp., Coffee Ambassador Inc., Compass Group Plc, Continental Vending Inc., Corporate Essentials LLC, Daioh USA, Farmer Bros Co., Jacobs Douwe Egberts AU Pty Ltd., LUIGI LAVAZZA S.p.A., Nestle SA, Royal Cup Inc., Sodexo SA, SunDun Inc., US Coffee, Vending Group Inc., Westrock Coffee Co., Starbucks Corp., and Keurig Dr Pepper Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this US Office Coffee Service Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the market between 2024 and 2028
Precise estimation of the market size and its contribution of the market in focus to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market across US
A thorough analysis of the market’s competitive landscape and detailed information about companies
Comprehensive analysis of factors that will challenge the growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Price Range
- Exhibit 07: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 08: Parent market
- Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 10: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 11: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 12: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 13: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 14: Chart on US: Year-over-year growth 2023-2028 (%)
- Exhibit 15: Data Table on US: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Office coffee service market in US 2018 - 2022
- Exhibit 16: Historic Market Size – Data Table on office coffee service market in US 2018 - 2022 ($ million)

4.2 Application Segment Analysis 2018 - 2022
- Exhibit 17: Historic Market Size – Application Segment 2018 - 2022 ($ million)

4.3 End-user Segment Analysis 2018 - 2022
- Exhibit 18: Historic Market Size – End-user Segment 2018 - 2022 ($ million)

4.4 Price Range Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Price Range Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 20: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 23: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 24: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 25: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 27: Chart on Application - Market share 2023-2028 (%)
- Exhibit 28: Data Table on Application - Market share 2023-2028 (%)

6.2 Comparison by Application
- Exhibit 29: Chart on Comparison by Application
- Exhibit 30: Data Table on Comparison by Application

6.3 Cafe - Market size and forecast 2023-2028
- Exhibit 31: Chart on Cafe - Market size and forecast 2023-2028 ($ million)
- Exhibit 32: Data Table on Cafe - Market size and forecast 2023-2028 ($ million)
- Exhibit 33: Chart on Cafe - Year-over-year growth 2023-2028 (%)
- Exhibit 34: Data Table on Cafe - Year-over-year growth 2023-2028 (%)

6.4 Office building - Market size and forecast 2023-2028
- Exhibit 35: Chart on Office building - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Data Table on Office building - Market size and forecast 2023-2028 ($ million)
- Exhibit 37: Chart on Office building - Year-over-year growth 2023-2028 (%)
- Exhibit 38: Data Table on Office building - Year-over-year growth 2023-2028 (%)

6.5 Restaurant - Market size and forecast 2023-2028
- Exhibit 39: Chart on Restaurant - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Data Table on Restaurant - Market size and forecast 2023-2028 ($ million)
- Exhibit 41: Chart on Restaurant - Year-over-year growth 2023-2028 (%)
- Exhibit 42: Data Table on Restaurant - Year-over-year growth 2023-2028 (%)

6.6 Malls and others - Market size and forecast 2023-2028
- Exhibit 43: Chart on Malls and others - Market size and forecast 2023-2028 ($ million)
- Exhibit 44: Data Table on Malls and others - Market size and forecast 2023-2028 ($ million)
- Exhibit 45: Chart on Malls and others - Year-over-year growth 2023-2028 (%)
- Exhibit 46: Data Table on Malls and others - Year-over-year growth 2023-2028 (%)

6.7 Market opportunity by Application
- Exhibit 47: Market opportunity by Application ($ million)
- Exhibit 48: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Exhibit 49: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 50: Data Table on End-user - Market share 2023-2028 (%)

7.2 Comparison by End-user
- Exhibit 51: Chart on Comparison by End-user
- Exhibit 52: Data Table on Comparison by End-user

7.3 Large organizations - Market size and forecast 2023-2028
- Exhibit 53: Chart on Large organizations - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Data Table on Large organizations - Market size and forecast 2023-2028 ($ million)
- Exhibit 55: Chart on Large organizations - Year-over-year growth 2023-2028 (%)
- Exhibit 56: Data Table on Large organizations - Year-over-year growth 2023-2028 (%)

7.4 SMEs - Market size and forecast 2023-2028
- Exhibit 57: Chart on SMEs - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Data Table on SMEs - Market size and forecast 2023-2028 ($ million)
- Exhibit 59: Chart on SMEs - Year-over-year growth 2023-2028 (%)
- Exhibit 60: Data Table on SMEs - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by End-user
- Exhibit 61: Market opportunity by End-user ($ million)
- Exhibit 62: Data Table on Market opportunity by End-user ($ million)

8 Market Segmentation by Price Range

8.1 Market segments
- Exhibit 63: Chart on Price Range - Market share 2023-2028 (%)
- Exhibit 64: Data Table on Price Range - Market share 2023-2028 (%)

8.2 Comparison by Price Range
- Exhibit 65: Chart on Comparison by Price Range
- Exhibit 66: Data Table on Comparison by Price Range

8.3 Low - Market size and forecast 2023-2028
- Exhibit 67: Chart on Low - Market size and forecast 2023-2028 ($ million)
- Exhibit 68: Data Table on Low - Market size and forecast 2023-2028 ($ million)
- Exhibit 69: Chart on Low - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on Low - Year-over-year growth 2023-2028 (%)

8.4 Medium - Market size and forecast 2023-2028
- Exhibit 71: Chart on Medium - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on Medium - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on Medium - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Medium - Year-over-year growth 2023-2028 (%)

8.5 High - Market size and forecast 2023-2028
- Exhibit 75: Chart on High - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on High - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on High - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on High - Year-over-year growth 2023-2028 (%)

8.6 Market opportunity by Price Range
- Exhibit 79: Market opportunity by Price Range ($ million)
- Exhibit 80: Data Table on Market opportunity by Price Range ($ million)

9 Customer Landscape

9.1 Customer landscape overview
- Exhibit 81: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 82: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 83: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 84: Overview on factors of disruption

11.4 Industry risks
- Exhibit 85: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 86: Vendors covered

12.2 Market positioning of vendors
- Exhibit 87: Matrix on vendor position and classification

12.3 A.H. Management Group
- Exhibit 88: A.H. Management Group - Overview
- Exhibit 89: A.H. Management Group - Product / Service
- Exhibit 90: A.H. Management Group - Key offerings

12.4 Aramark
- Exhibit 91: Aramark - Overview
- Exhibit 92: Aramark - Business segments
- Exhibit 93: Aramark - Key offerings
- Exhibit 94: Aramark - Segment focus

12.5 Bunn O Matic Corp.
- Exhibit 95: Bunn O Matic Corp. - Overview
- Exhibit 96: Bunn O Matic Corp. - Product / Service
- Exhibit 97: Bunn O Matic Corp. - Key offerings

12.6 Compass Group Plc
- Exhibit 98: Compass Group Plc - Overview
- Exhibit 99: Compass Group Plc - Business segments
- Exhibit 100: Compass Group Plc - Key offerings
- Exhibit 101: Compass Group Plc - Segment focus

12.7 Daioh USA
- Exhibit 102: Daioh USA - Overview
- Exhibit 103: Daioh USA - Product / Service
- Exhibit 104: Daioh USA - Key offerings

12.8 Farmer Bros Co.
- Exhibit 105: Farmer Bros Co. - Overview
- Exhibit 106: Farmer Bros Co. - Product / Service
- Exhibit 107: Farmer Bros Co. - Key offerings

12.9 Jacobs Douwe Egberts AU Pty Ltd.
- Exhibit 108: Jacobs Douwe Egberts AU Pty Ltd. - Overview
- Exhibit 109: Jacobs Douwe Egberts AU Pty Ltd. - Product / Service
- Exhibit 110: Jacobs Douwe Egberts AU Pty Ltd. - Key offerings

12.10 Keurig Dr Pepper Inc.
- Exhibit 111: Keurig Dr Pepper Inc. - Overview
- Exhibit 112: Keurig Dr Pepper Inc. - Business segments
- Exhibit 113: Keurig Dr Pepper Inc. - Key news
- Exhibit 114: Keurig Dr Pepper Inc. - Key offerings
- Exhibit 115: Keurig Dr Pepper Inc. - Segment focus

12.11 Nestle SA
- Exhibit 116: Nestle SA - Overview
- Exhibit 117: Nestle SA - Business segments
- Exhibit 118: Nestle SA - Key news
- Exhibit 119: Nestle SA - Key offerings
- Exhibit 120: Nestle SA - Segment focus

12.12 Royal Cup Inc.
- Exhibit 121: Royal Cup Inc. - Overview
- Exhibit 122: Royal Cup Inc. - Product / Service
- Exhibit 123: Royal Cup Inc. - Key offerings

12.13 Sodexo SA
- Exhibit 124: Sodexo SA - Overview
- Exhibit 125: Sodexo SA - Business segments
- Exhibit 126: Sodexo SA - Key news
- Exhibit 127: Sodexo SA - Key offerings
- Exhibit 128: Sodexo SA - Segment focus

12.14 Starbucks Corp.
- Exhibit 129: Starbucks Corp. - Overview
- Exhibit 130: Starbucks Corp. - Business segments
- Exhibit 131: Starbucks Corp. - Key news
- Exhibit 132: Starbucks Corp. - Key offerings
- Exhibit 133: Starbucks Corp. - Segment focus

12.15 US Coffee
- Exhibit 134: US Coffee - Overview
- Exhibit 135: US Coffee - Product / Service
- Exhibit 136: US Coffee - Key offerings

12.16 Vending Group Inc.
- Exhibit 137: Vending Group Inc. - Overview
- Exhibit 138: Vending Group Inc. - Product / Service
- Exhibit 139: Vending Group Inc. - Key offerings

12.17 Westrock Coffee Co.
- Exhibit 140: Westrock Coffee Co. - Overview
- Exhibit 141: Westrock Coffee Co. - Business segments
- Exhibit 142: Westrock Coffee Co. - Key offerings
- Exhibit 143: Westrock Coffee Co. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 144: Inclusions checklist
- Exhibit 145: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 146: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 147: Research methodology
- Exhibit 148: Validation techniques employed for market sizing
- Exhibit 149: Information sources

13.5 List of abbreviations
- Exhibit 150: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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