Press release
Key Players and Competitive Dynamics in the Foodservice Coffee Market
Foodservice Coffee Market
Forecasted Market Size and Growth Trajectory of the Foodservice Coffee Market
The foodservice coffee market is expected to experience significant growth, reaching a value of $641.52 billion by 2030. This expansion corresponds to a compound annual growth rate (CAGR) of 6.2%. Key contributors to this growth include rising consumer interest in premium and craft coffee, increased investments in smart coffee machines, the advancement of ethical and sustainable sourcing practices, emphasis on enhancing customer experiences, and the integration of digital ordering systems. Throughout the forecast period, notable trends anticipated to drive the market include a surge in specialty coffee demand, wider adoption of automated coffee machines, the growth of premium coffee experiences, a stronger focus on sustainability in sourcing, and greater menu customization options.
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Prominent Companies Leading the Foodservice Coffee Industry
Several major corporations dominate the foodservice coffee landscape. These include Nestlé S.A., Sysco Corporation, Starbucks Corporation, Inspire Brands Inc., Kraft Heinz Foods Co., Aramark Corporation, Wawa Inc., Ajinomoto Co. Inc., J. M. Smucker Company, Tim Hortons Inc., Tchibo Coffee International Ltd., Luigi Lavazza S.p.A., Melitta Group Management GmbH & Co. KG., Tata Consumer Products Ltd., Massimo Zanetti Beverage Group S.p.A., Peet's Coffee & Tea Inc., Costa Limited, Westrock Coffee Company Inc., Illycaffe SpA, Bewley's Ltd., The Coffee Bean & Tea Leaf Philippines Inc., Jacobs Douwe Egberts GB Ltd., Caffè Nero Group PLC, Farmer Bros. Co., Caribou Coffee Company Inc., Juan Valdez Café, Ediya Co. Ltd., Ronnoco Coffee LLC, Foley Foodservice, and SOHO Coffee Co.
Strategic Moves Strengthening Market Presence
In March 2024, JDE Peet's, based in the Netherlands and known for its coffee and tea products, acquired the roasting operations of Caribou Coffee. Although the financial terms were undisclosed, this acquisition is intended to broaden JDE Peet's premium coffee portfolio and reinforce its foothold in the U.S. market-the largest coffee market worldwide. As part of this deal, JDE Peet's obtained the license to produce, market, and sell Caribou-branded coffee for both consumer and foodservice channels. Caribou Coffee itself is a U.S.-based company specializing in retail coffeehouse services and branded coffee products.
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Innovative Trends Shaping the Future of the Foodservice Coffee Market
Leading companies in the foodservice coffee sector are investing in proprietary technologies to enhance coffee quality and consistency, aiming to improve customer satisfaction and optimize operations. One notable innovation is the development of bean-free coffee, which is crafted without traditional coffee beans. This alternative is created using techniques such as fermentation or molecular reconstruction to replicate the taste, aroma, and experience of regular coffee.
For example, in July 2024, Voyage Foods, a U.S.-based food manufacturer, introduced its bean-free coffee product. Made from roasted chickpeas, rice hulls, and green tea caffeine, this sustainable coffee alternative is available in liquid, instant, and ground formats. Employing specialized technology, it closely mimics traditional coffee's flavor profile while offering a cost-effective and stable option for foodservice and manufacturing sectors. This innovation is particularly important as it addresses rising coffee prices and supply chain challenges while supporting businesses striving to meet environmental sustainability goals.
Segmentation Overview of the Global Foodservice Coffee Market
The foodservice coffee market is divided into several key segments for detailed analysis:
1) By Consumption Type:
- Take Away or Delivery
- Dine-in
2) By Coffee Bean Type:
- Arabica
- Robusta
- Other Coffee Bean Types
3) By Coffee Machine Type:
- Traditional Coffee Machines
- Automated Coffee Machines
Further subcategories include:
- Take Away or Delivery: Coffee Shops, Drive-Thru Services, Online Delivery Services
- Dine-In: Cafés, Restaurants, Coffee Lounges
This segmentation provides a comprehensive understanding of market dynamics across different consumption modes, bean varieties, and brewing technologies.
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