Global Foodservice Coffee Market Report and Forecast 2024-2032

Global Foodservice Coffee Market Outlook

The global foodservice coffee market size attained approximately USD 443.10 billion in 2023. The market is estimated to grow at a CAGR of 4.90% in the forecast period of 2024-2032, reaching a value of around USD 681.48 billion by 2032.

Key Trends in the Global Foodservice Coffee Market

Foodservice coffee is a type of coffee which is available in food establishments such as cafes, restaurants, and hotels, among others. It is made using superior quality coffee beans and its taste can be customised based on consumer’s preference.

• Growing consumer interest towards speciality coffee with unique flavours, varieties, and benefits such as improving metabolism, reducing appetite, and relieving symptoms of depression is a crucial market trend. Furthermore, the growing demand for premium coffee flavour due to its rich flavour also positively influences the foodservice coffee market demand.

• A surge in the popularity of cold brew coffee is another influential factor that provides impetus to market growth. Its refreshing taste, low-fat quality, and a wide array of flavours heighten its appeal among consumers.

• Integration of high-tech coffee machines for enhancing the quality of coffee and the growing adoption of technologies such as IoT and artificial intelligence by foodservice channels are significant foodservice coffee market trends.

• Coffee shops and cafes are increasingly attempting to establish a strong online presence to gain new customers, enhance customer engagement, and promote new and innovative products. In addition, they are adopting mobile ordering to improve ordering systems and enhance the convenience of consumers.

Global Foodservice Coffee Market Analysis

Based on type, the market is bifurcated into take away/delivery and dine-in-coffees. On the basis of application, the foodservice coffee market segmentation includes coffeehouse and beverage shops and bakery shops and restaurants, among others. The major regional markets for foodservice coffee are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global foodservice coffee market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Starbucks Corporation  

• Nestle S.A.  

• JDE PEET’S NV  

• The Coca-Cola Company  

• Dunkin' Brands Group, Inc.  

• Luigi Lavazza S.P.A.  

• Keurig Dr Pepper Inc.  

• Strauss Coffee BV  

• Tchibo GmbH  

• illycaffè S.p.A. 

• Others

Global Foodservice Coffee Market Share by Application

Coffeehouses and beverage shops occupy a significant portion of the global foodservice coffee market share owing to the growing number of coffee shops. The availability of a wide range of coffee flavours such as blended iced coffees and spiced chai lattes attracts the attention of a large number of consumers.

Moreover, the utilisation of high-end espresso machines in these shops for the preparation of coffee provides a unique taste, catalysing the market growth. The increasing popularity of coffeehouse as work venues remote workers is expected to further bolster the segment’s growth in the coming years.

Global Foodservice Coffee Market Share by Region

As per the global foodservice coffee market analysis, North America accounts for a substantial share of the global market due to the high popularity of coffee in the region. Coffee is an essential part of the everyday routine of working professionals and college students, which is boosting the expansion of coffeeshops and cafes.

Furthermore, the strong presence of key players such as Starbucks Corporation in the region positively impacts the market demand. Additionally, the rise in disposable income of the people also boosts the demand for premium coffee, aiding the overall foodservice coffee market growth.

Competitive Landscape

Starbucks Corporation, founded in 1971, is a multinational chain of coffeehouses, with its headquarters in Washington, the United States. The establishment provides blends of coffee, other beverages, and food items.

Nestle S.A. is a global food and drink processing corporation, established in 1866 with its headquarters in Vevey, Switzerland. The corporation provides coffee, confectionery, cereal, baby foods, and culinary food, among others.

JDE PEET’S NV, based in Amsterdam, the Netherlands, is a beverage company that provides coffee, chocolate, and tea. With its history dating back to 1753, its products are available under the brands such as Peet’s Coffee, Jacobs, Senseo, Omnia, and Douwe Egberts, among others.

Other foodservice coffee market players include The Coca-Cola Company, Dunkin' Brands Group, Inc., Luigi Lavazza S.P.A., Keurig Dr Pepper Inc., Strauss Coffee BV, Tchibo GmbH, and illycaffè S.p.A, among others.

Key Highlights of the Report