Office Coffee Service Market in the US 2016-2020

Jan 20, 2016, 16:34 ET from Reportlinker

NEW YORK, Jan. 20, 2016 /PRNewswire/ --

About Office Coffee Service

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.

Technavio's analysts forecast the office coffee service market in the US to grow at a CAGR of 4.48% during the period 2016-2020.

Covered in this report
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)

Technavio's report, 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 vendors
- Farmer Brothers
- Keurig Green Mountain
- Nestlé
- Peet's Coffee and Tea
- Royal Cup

Other prominent vendors
- Bunn-o-Matic Corp.
- D.E. Master Blenders 1753 NV (DEMBF)
- Hamilton Beach Brands
- Jarden Corp.
- Luigi Lavazza SpA
- Mars Inc.
- Starbucks Corp.

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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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