Press release
Out-of-home Coffee Market will rise due to increasing number of coffee shops and cafes | The Lavazza Group, Starbucks Corporation, Nestle S.A., Dunkin' Brands Group
New York, Out-of-home coffee is coffee that is consumed away from home, such as in a coffee shop, office, or hotel lobby. It can also refer to coffee that is purchased from a coffee cart or truck, or brewed at home and taken to go.Request sample copy of this research study: https://www.globalinsightservices.com/request-sample/GIS23898/
Key Trends
Some of the key trends in Out-of-home Coffee technology include:
1. Increased focus on sustainability and environmental consciousness â€" many coffee companies are now focusing on using sustainable and environmentally friendly practices in their coffee production, in order to reduce their impact on the planet. This includes using recycled materials, investing in renewable energy sources, and using fair trade practices.
2. Increased focus on health and wellness as people become more health conscious, they are looking for healthier options when it comes to coffee. This includes coffee made with organic and fair trade ingredients, as well as coffee that is low in sugar and calories.
3. Increased focus on quality as consumers become more discerning, they are demanding higher quality coffee. This includes coffee that is ethically sourced, freshly roasted, and made with care.
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Key Drivers
Coffee is one of the most popular drinks in the world, and the out-of-home coffee market is driven by a number of factors.
One of the key drivers of the out-of-home coffee market is the increasing number of coffee shops and cafes. In recent years, the number of coffee shops and cafes has increased significantly, and this has led to a growth in the out-of-home coffee market.
Another key driver of the out-of-home coffee market is the increasing popularity of specialty coffees. Specialty coffees are becoming increasingly popular, and this is leading to a growth in the out-of-home coffee market.
Finally, the out-of-home coffee market is also driven by the increasing number of people who are working from home. The number of people who are working from home has increased significantly in recent years, and this has led to a growth in the out-of-home coffee market.
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Market Segmentation
The Out-of-home Coffee Market is segmented into product type end-use, and region. By product type, the market is divided into instant coffee, portioned coffee, and roasted coffee. By end-user, the market is bifurcated into HoReCa and commercial/office. By region, the market is classified into North America, Europe, Asia-Pacific and rest of the world.
Key Players
The key players in the Out-of-home Coffee Market are The J. M. Smucker Company, The Kraft Heinz Company, The Lavazza Group, Starbucks Corporation, Nestle S.A., Dunkin' Brands Group, Matthew Algie & Company Ltd., Tata Global Beverages, Strauss Group Ltd. and Jacobs Douwe Egberts.
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