Foodservice Coffee Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Platform as a Service (PaaS) Market is Segmented By Application (Coffeehouse & Beverage Shops, Bakery Shops & Restaurants, Others ), By Type (Take away/Delivery, Dine-in-Coffees), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Foodservice Coffee Market Overview

The global foodservice coffee market is projected to reach at a CAGR of 4.12% during the forecast period (2023-2030).

Foodservice coffee refers to coffee that is consumed outside of the house, such as at cafes, restaurants, beverage stores, bakeries, cafeterias and bookstores. Tropical highlands (C. Arabica) and lowlands are the ideal environments for growing coffee as a plantation crop (C. Canephora). They need an annual temperature range of 15 to 30 degrees Celsius, evenly distributed annual rainfall, and no more than five months of the dry season. Aerated and well-drained permeable soils with a good effective depth are necessary. Traditionally, coffee trees have only been grown for their berries, which are then processed using dry or wet methods right in the production areas to create green coffee, the ultimate raw material used to create a variety of coffee products, including instant coffee, coffee pods, flavored coffee, Cold brew coffee, Cappuccinos, and others. The foodservice coffee market is expected to be driven by the expanding specialty coffee shops around the world, particularly in emerging nations. Over the forecast period, the foodservice coffee market is expected to grow at a rapid rate due to the industry's overall rapid expansion.

Foodservice Coffee Market Scope

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Foodservice Coffee Market Dynamics and Trends

Rising number of coffee shops is driving the market growth.

The International Coffee Organization estimated that in 2021, about 166 million 60 kilogram bags of coffee were consumed globally. One of the restaurant industry's fastest-growing segments is coffee cafes. Many customers are concerned about the purchase of coffee beans, especially in terms of fair trade and sustainably grown coffee. It is essential that coffee is grown without harming the environment, and that it be bought and sold at a fair price. The selection of goods available in coffee shops would continue to be influenced by consumer demand for ethical coffee. These factors are expected to drive the market growth during the forecast period.

Increasing trend of long working hours among employees drives demand for coffee, which is driving the market growth

As per the Centers For Disease Control And Prevention (CDC), about 80% of the U.S. grown-ups partake in caffeine every day (U.S. Food and Drug Administration). Caffeine has a half-life of 5 to 6 hours and takes about 30 minutes to take effect, according to more recent CDC Updates, though it can linger in the system for much longer. Due to the extended working hours of employees, coffee consumption has increased, which helps the employees to be energetic at work.

Foodservice Coffee Market Segment Analysis

The global foodservice coffee market is segmented based on type, application, and region.

Rising demand for home deliveries is driving the takeaway segment.

In 2022, the takeaway/delivery segment accounted for the largest market share. This increase is the result of consumers using takeout and delivery services more frequently to drink coffee from various coffee shops. Cafés have developed to meet customers' needs without them having to physically visit the establishment as a result of the rise in at-home consumption. The growth of this market is being further fueled by the rising number of customer orders from only reputable brands like Starbucks, which has led to a rising number of coffee shops owned by various reputable brands and increased coffee delivery.

Source: DataM Intelligence Analysis (2023)

Foodservice Coffee Market Geographical Share

The high demand for coffee in North America

North America held the largest market share in 2022. This is owing to the rising popularity of everyday coffee consumption among consumers. Several companies started investing in coffee shops, as the demand for coffee increased. Moreover, the availability of various coffee treats in coffee shops attracts customers, increasing the number of coffee shops visited and the amount of coffee being served. Almost 62% of Americans drink coffee every day, according to the National Coffee Association. The expansion of major players like Starbucks and Coffee Beanery in the U.S. is accelerating the growth of the North America foodservice coffee market.

Source: DataM Intelligence Analysis (2023)

Foodservice Coffee Market Companies 

The major global players in the market include Tata Consumer Products Inc., Ronnoco Beverage Solutions, Kraft Foods, Nestle S.A., General Foods, Starbucks, Costa Coffee, Dunkin Donuts, Ajinomoto Co., Inc., and Keurig Green Mountain. 

Key Developments

• In January 2022, Starbucks announced an expansion of its presence in six regions of India, such as Nashik, Siliguri, Guwahati, Goa, Thiruvananthapuram, and Bhubaneshwar.
• In November 2021, Restaurant Brands International Inc. announced the acquisition of Firehouse Restaurant Group Inc., with a profit of US$ 1 Bn.
• In August 2021, SOHO Coffee Co. announced its expansion of digital channels for increasing sales. The food-to-go service is expanding its product portfolio to meet needs of new customers and increase its sales.

Why Purchase the Report?

• To visualize the global foodservice coffee market segmentation based on type, application, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development. 
• Excel data sheet with numerous data points of natural food colors market-level with all segments.
• PDF report consisting of cogently put-together market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping available as Excel consisting of key products of all the major market players.

The global foodservice coffee market report would provide approximately 93 tables, 109 figures and 190 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies