Office coffee service market in US to grow by USD 1,115.82 million from 2022 to 2027|Growing working population boosts market - Technavio

NEW YORK, Aug. 1, 2023 /PRNewswire/ -- The global office coffee service market in US size is estimated to increase by USD 1,115.82 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 8.32% during the forecast period. Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report -Request a sample report

Office coffee service market in US – Vendor Analysis
Vendor Landscape - The global office coffee service market in US is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer office coffee service in US are A.H. Management Group, Aramark, Bunn O Matic Corp., Coffee Ambassador Inc., Continental Vending Inc., Corporate Essentials LLC, Daioh USA, Farmer Bros Co., InReach, jacobs DOUWE EGBERTS B.V., Keurig Green Mountain Inc., Nestle SA, Sodexo SA, SunDun Inc., US Coffee, Vending Group Inc., Westrock Coffee Co., XPRESSO DELIGHT LLC, Luigi Lavazza SpA, and Royal Cup Inc. and others.

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Vendor Offerings -

• A.H. Management Group - The company offers office coffee services such as single cup brewers, carafe brewers, and specialty drink machines. 
• Aramark - The company offers office coffee services such as brewing equipment, coffee makers, and carafes. 
• Bunn O Matic Corp. - The company offers office coffee services such as coffee, ice coffee, and accessories. 
• For details on the vendor and their offerings – Request a sample report

Office coffee service market in US - Segmentation Assessment

Segment Overview

This office coffee service market in US report extensively covers market segmentation by application (cafe, office building, restaurant, malls, and others), and end-user (large organizations, small organizations, and medium organizations).

• The cafe segment will be significant for market growth during the forecast period. This segment includes coffee shops, cafes, and other similar businesses that primarily serve coffee and related products to customers. It is highly competitive, with a large number of independent cafes and chain coffee shops operating in the market. Along with 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 services. These services include barista training, coffee tasting, and cupping sessions, and other similar programs. Hence, due to factors such as the growing consumer demand for high-quality coffee, the cafe segment in the office coffee service market in US will grow significantly during the forecast period.

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Office coffee service market in US – Market Dynamics

Leading Drivers - 

The growing working population in the US drives the market growth of office coffee services in the US. According to the Bureau of Labor Statistics (BLS) in the US, 163.8 million people are anticipated to be employed or actively seeking employment by 2024. Also, over the period of a decade between 2014-2024, a 7.9 million increase in the labor force, or an average annual growth rate of 0.5%, is anticipated.

Also, the demand for coffee services increases as new companies emerge and existing businesses expand. This creates opportunities for providers to cater to the growing working population. Hence, the growing working population in the US is the major driver, which is expected to boost the growth of the office coffee service market in US during the forecast period.

Key Trends - 

The increasing demand for specialty coffee is an emerging office coffee service market in US. High-quality coffee that is produced and processed with exceptional care and attention to detail, often from a single origin or small region, is called specialty coffee. It is grown and harvested under strict conditions, such as at high altitudes or in shade-grown conditions to ensure the best possible flavor and aroma.

Also, specialty coffee shops and cafes offer consumers a wide range of high-quality coffee blends and single-origin coffees. Furthermore, various consumers are looking for high-quality, artisanal coffee blends that are sourced from small, independent farms and roasted with care and attention to detail. Hence, such trends fuel the growth of the market during the forecast period.

Major challenges - 

Maintenance and equipment management challenges related to office coffee machines hinder market growth. It can be a costly affair to carry out regular maintenance and repairs of coffee brewing equipment and providers need to allocate funds for maintenance activities, including technician fees, spare parts, and equipment servicing. But ensuring a quick response time can be challenging, especially if the provider has a large client base or operate in remote areas. Moreover, equipment breakdowns or repairs can result in downtime and service interruptions for clients, resulting in dissatisfaction, potential loss of contracts, and negative impacts on the provider's reputation. Hence, such challenges impede market growth during the forecast period.

Drivers, Trends, and Challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Office coffee service market in US report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the office coffee service market in US between 2023 and 2027
• Precise estimation of the size of the office coffee service market in US and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the office coffee service market across the US
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of the office coffee service market in US vendors

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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 Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 07: Parent market
• Exhibit 08: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 09: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 10: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
• Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Office coffee service market in US 2017 - 2021 
• Exhibit 15: Historic Market Size – Data Table on office coffee service market in US 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021 
• Exhibit 16: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 17: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 18: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 25: Chart on Application - Market share 2022-2027 (%)
• Exhibit 26: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 27: Chart on Comparison by Application
• Exhibit 28: Data Table on Comparison by Application

• 6.3 Cafe - Market size and forecast 2022-2027 
• Exhibit 29: Chart on Cafe - Market size and forecast 2022-2027 ($ million)
• Exhibit 30: Data Table on Cafe - Market size and forecast 2022-2027 ($ million)
• Exhibit 31: Chart on Cafe - Year-over-year growth 2022-2027 (%)
• Exhibit 32: Data Table on Cafe - Year-over-year growth 2022-2027 (%)

• 6.4 Office building - Market size and forecast 2022-2027 
• Exhibit 33: Chart on Office building - Market size and forecast 2022-2027 ($ million)
• Exhibit 34: Data Table on Office building - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Chart on Office building - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Office building - Year-over-year growth 2022-2027 (%)

• 6.5 Restaurant - Market size and forecast 2022-2027 
• Exhibit 37: Chart on Restaurant - Market size and forecast 2022-2027 ($ million)
• Exhibit 38: Data Table on Restaurant - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Chart on Restaurant - Year-over-year growth 2022-2027 (%)
• Exhibit 40: Data Table on Restaurant - Year-over-year growth 2022-2027 (%)

• 6.6 Malls and others - Market size and forecast 2022-2027 
• Exhibit 41: Chart on Malls and others - Market size and forecast 2022-2027 ($ million)
• Exhibit 42: Data Table on Malls and others - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Chart on Malls and others - Year-over-year growth 2022-2027 (%)
• Exhibit 44: Data Table on Malls and others - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Application 
• Exhibit 45: Market opportunity by Application ($ million)
• Exhibit 46: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 49: Chart on Comparison by End-user
• Exhibit 50: Data Table on Comparison by End-user

• 7.3 Large organizations - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Large organizations - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Large organizations - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Large organizations - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Large organizations - Year-over-year growth 2022-2027 (%)

• 7.4 Small and medium organizations - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Small and medium organizations - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Small and medium organizations - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Small and medium organizations - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Small and medium organizations - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by End-user 
• Exhibit 59: Market opportunity by End-user ($ million)
• Exhibit 60: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges 
• Exhibit 62: Impact of drivers and challenges in 2022 and 2027

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape
• Exhibit 63: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption
• Exhibit 64: Overview on factors of disruption

• 10.4 Industry risks
• Exhibit 65: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered
• Exhibit 66: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 67: Matrix on vendor position and classification

• 11.3 A.H. Management Group 
• Exhibit 68: A.H. Management Group - Overview
• Exhibit 69: A.H. Management Group - Product / Service
• Exhibit 70: A.H. Management Group - Key offerings

• 11.4 Aramark
• Exhibit 71: Aramark - Overview
• Exhibit 72: Aramark - Business segments
• Exhibit 73: Aramark - Key offerings
• Exhibit 74: Aramark - Segment focus

• 11.5 Bunn O Matic Corp.
• Exhibit 75: Bunn O Matic Corp. - Overview
• Exhibit 76: Bunn O Matic Corp. - Product / Service
• Exhibit 77: Bunn O Matic Corp. - Key offerings

• 11.6 Daioh USA
• Exhibit 78: Daioh USA - Overview
• Exhibit 79: Daioh USA - Product / Service
• Exhibit 80: Daioh USA - Key offerings

• 11.7 Farmer Bros Co.
• Exhibit 81: Farmer Bros Co. - Overview
• Exhibit 82: Farmer Bros Co. - Product / Service
• Exhibit 83: Farmer Bros Co. - Key offerings

• 11.8 InReach
• Exhibit 84: InReach - Overview
• Exhibit 85: InReach - Product / Service
• Exhibit 86: InReach - Key offerings

• 11.9 jacobs DOUWE EGBERTS B.V. 
• Exhibit 87: jacobs DOUWE EGBERTS B.V. - Overview
• Exhibit 88: jacobs DOUWE EGBERTS B.V. - Product / Service
• Exhibit 89: jacobs DOUWE EGBERTS B.V. - Key offerings

• 11.10 Keurig Green Mountain Inc. 
• Exhibit 90: Keurig Green Mountain Inc. - Overview
• Exhibit 91: Keurig Green Mountain Inc. - Product / Service
• Exhibit 92: Keurig Green Mountain Inc. - Key offerings

• 11.11 Luigi Lavazza SpA
• Exhibit 93: Luigi Lavazza SpA - Overview
• Exhibit 94: Luigi Lavazza SpA - Product / Service
• Exhibit 95: Luigi Lavazza SpA - Key offerings

• 11.12 Nestle SA
• Exhibit 96: Nestle SA - Overview
• Exhibit 97: Nestle SA - Business segments
• Exhibit 98: Nestle SA - Key news
• Exhibit 99: Nestle SA - Key offerings
• Exhibit 100: Nestle SA - Segment focus

• 11.13 Royal Cup Inc.
• Exhibit 101: Royal Cup Inc. - Overview
• Exhibit 102: Royal Cup Inc. - Product / Service
• Exhibit 103: Royal Cup Inc. - Key offerings

• 11.14 US Coffee
• Exhibit 104: US Coffee - Overview
• Exhibit 105: US Coffee - Product / Service
• Exhibit 106: US Coffee - Key offerings

• 11.15 Vending Group Inc.
• Exhibit 107: Vending Group Inc. - Overview
• Exhibit 108: Vending Group Inc. - Product / Service
• Exhibit 109: Vending Group Inc. - Key offerings

• 11.16 Westrock Coffee Co.
• Exhibit 110: Westrock Coffee Co. - Overview
• Exhibit 111: Westrock Coffee Co. - Business segments
• Exhibit 112: Westrock Coffee Co. - Key offerings
• Exhibit 113: Westrock Coffee Co. - Segment focus

• 11.17 XPRESSO DELIGHT LLC
• Exhibit 114: XPRESSO DELIGHT LLC - Overview
• Exhibit 115: XPRESSO DELIGHT LLC - Product / Service
• Exhibit 116: XPRESSO DELIGHT LLC - Key offerings

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist 
• Exhibit 117: Inclusions checklist
• Exhibit 118: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 119: Currency conversion rates for US$

• 12.4 Research methodology
• Exhibit 120: Research methodology
• Exhibit 121: Validation techniques employed for market sizing
• Exhibit 122: Information sources

• 12.5 List of abbreviations 
• Exhibit 123: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Website: www.technavio.com

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