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Office Coffee Service Market in the US to Grow at a CAGR of 4.48% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Office Coffee Service Market in the US 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 01/22/2016 -- Report forecast the office coffee service market in the US to grow at a CAGR of 4.48% during the period 2016-2020.

Office coffee services involve the installation of coffee vending machines in offices, maintained and supplied by various vendors, to ensure round-the-clock availability of coffee. The coffee machine is considered an important investment by employers. Office coffee services are considered to enhance employee productivity, and many employees like to view high-quality office coffee as an important workplace perk.

The required products for office coffee services include, coffee and espresso, hot beverage equipment (coffee brewer), hot beverage and beverages mixes (except coffee), to-do supplies, coffee flavoring syrups and condiments, and other products. The businesses served by office coffee service operators include convenience stores, education, foodservice and restaurants, healthcare, hospitality, office, and other.

The report covers the present scenario and the growth prospects of the office coffee service market in the US for 2016-2020. To calculate the market size, the report considers revenue generated from the office coffee service market in different business premises in the US. The report also includes market segmentation on the basis of product requirements and service businesses for office coffee services.

The market is divided into the following segments based on product:
- Coffee and espresso
- Hot beverage equipment (coffee brewers)
- Hot beverages and beverage mixes (except coffee)
- To-go supplies
- Coffee flavoring syrups and condiments
- Others (countertop organization, airports and serving supplies, beverage dispensers, coffee house essentials, and beverage equipment parts and accessories)

According to the report, technological advancement is often needed for product advancement and innovation, which usually leads to market growth. The same rule also holds true for the office coffee service market in the US. The office coffee service operators in the US market continue to invest in product innovation.

Further, the report states that one of the major roadblocks includes competition from alternative coffee services. The US market is highly penetrated with many coffee bars and coffee restaurants.

Office Coffee Service Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Office Coffee Service Market in the US: Keurig Green Mountain, Nestlé, Farmer Brothers, Royal Cup Coffee and Peet's Coffee and Tea

Other Prominent Vendors in the market are: Bunn-o-Matic, D.E. Master Blenders 1753 N.V. (DEMBF), Hamilton Beach Brands, Jarden, Luigi Lavazza, Mars, and Starbucks.

Market driver
- High consumption of coffee among employed population in US
- For a full, detailed list, view our report

Market challenge
- Competition from alternative coffee services
- For a full, detailed list, view our report

Market trend
- Emergence of alternative K-Cups
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 78 pages and 34 Exhibit "Office Coffee Service Market in the US 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Country profile: The US, Market segmentation by product requirements, Market segmentation by application businesses, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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