According to the report by Expert Market Research (EMR), the global foodservice coffee market size reached a value of USD 443.10 billion in 2023. Aided by the evolving consumer behaviours and the continuous innovation within the coffee sector, the market is projected to further grow at a CAGR of 4.90% between 2024 and 2032 to reach a value of USD 681.48 billion by 2032.
Foodservice coffee encompasses a broad spectrum of products, from traditional espresso and filter coffee to more contemporary offerings such as cold brew and nitro coffee. The segment caters to a diverse clientele, ranging from quick-service restaurants and cafes to luxury hotels and corporate environments. The demand for speciality coffees, including single-origin and certified organic blends, has surged, reflecting a growing consumer inclination towards quality, traceability, and ethical sourcing.
Several key factors contribute to the foodservice coffee market growth across the world. Firstly, the cultural significance of coffee, coupled with the rise in coffee consumption as a lifestyle choice, has propelled its popularity. Additionally, the proliferation of speciality coffee shops and the expansion of coffee offerings in non-traditional venues have made coffee more accessible and varied in choice. Technological advancements in coffee brewing and service equipment have also played a crucial role. These innovations enhance the efficiency of coffee preparation and service, enabling businesses to deliver consistent quality at a higher volume. Furthermore, the integration of digital platforms for order and delivery services has expanded the market reach, catering to the convenience-driven consumer.
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According to the foodservice coffee market analysis, sustainability and ethical practices are increasingly influencing consumer choices, driving demand for sustainably sourced and ethically produced coffee. This trend has encouraged industry players to adopt transparent supply chains, invest in sustainable farming practices, and engage in fair trade initiatives.
The growing interest in health and wellness has led to the development of coffee products with added health benefits, such as vitamin-infused or antioxidant-rich blends, thereby influencing the foodservice coffee market expansion. Additionally, the expansion of plant-based milk options caters to vegan and lactose-intolerant consumers, further broadening the market appeal.
The market is on the cusp of a new era, characterised by hyper-personalisation, technological integration, and a deeper commitment to sustainability. The future will likely see the rise of smart cafes, where technology enhances the customer experience through personalised recommendations, seamless payment processes, and interactive coffee experiences and can support the foodservice coffee market share.
The trend towards premiumisation, where consumers are willing to pay more for higher-quality, premium coffee products, supports market growth. This is driven by a growing appreciation for artisanal and craft coffees, which offer unique experiences and flavours. Changes in demographics, including the rise of a younger, more urban population with disposable income, are contributing to the growth of the foodservice coffee market. Younger consumers, in particular, are looking for unique, high-quality coffee experiences.
In Europe, the market is propelled by increasing consumer purchasing power, which is spurring demand for speciality coffee drinks and modern retail outlets. European consumers are more inclined to pay for premium coffees, and there’s a notable trend towards cold brew coffee, appreciated for its taste and nutritional value. The Asia Pacific region is expected to witness substantial growth, driven by increasing demand in countries like China, Japan, and India. As per the foodservice coffee market outlook, the popularity of cold brew coffee and speciality products over traditional coffee options is growing, offering lucrative opportunities.
Foodservice Coffee Market Segmentation
The market can be divided based on type, application, and region.
Market Breakup by Type
- Take Away / Delivery
- Dine-in-Coffees
Market Breakup by Application
- Coffeehouse and Beverage Shops
- Bakery Shops and Restaurants
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape of Foodservice Coffee Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global foodservice coffee market. Some of the major players explored in the report by Expert Market Research are as follows:
- 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
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