The global Office Coffee Service market size is projected to reach USD 5.68 billion by 2029

Office Coffee Service Definition

It may just be a little black bean, but it is cultivated in over 70 countries and most working Americans can’t start their day without it. that is coffee. A whopping 78% of American adults say they drink coffee, according to a 2015 study by the National Coffee Association (NCA). That same study cited that 59% of American adults drink coffee every day.

Office Coffee Service is an easy and inexpensive way to boost morale and increase productivity at your company. Office Coffee Services are simple. A coffee service provider brings a variety of hot beverage options to your company at a reasonable price. They may also offer advanced brewing equipment. You determine how often you need supplies delivered. Delivery technicians will come to clean and service the equipment as needed.

Office Coffee Service Picture

Office Coffee Service Market Summary

According to the new market research report “Global Office Coffee Service Market Report 2023-2029”, published by GlobalInfoResearch, the global Office Coffee Service market size is projected to reach USD 5.68 billion by 2029, at a CAGR of 9.3% during the forecast period.

• Global Office Coffee Service MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global Office Coffee Service Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

Market Drivers:

Employee Productivity and Satisfaction: Offering quality coffee in the workplace enhances employee satisfaction and productivity. A well-caffeinated workforce tends to be more engaged and efficient in their tasks.

Cost-Effective Solution: Utilizing office coffee services can be a cost-effective solution compared to employees purchasing coffee individually from external vendors. It allows for bulk purchasing and efficient cost management.

Corporate Wellness Programs: Integration of office coffee services within corporate wellness programs contributes to promoting a healthy workplace culture, supporting employee well-being, and reducing stress.

Restraint:

Economic Conditions: Economic downturns can lead to reduced corporate budgets and cutbacks on non-essential services, including office coffee. When companies are looking to reduce costs, office coffee services may be one of the first areas to be scaled back.

Health and Wellness Trends: Increasing awareness of health and wellness may lead to a reduction in coffee consumption or a shift toward healthier beverage options. Some employees may prefer alternatives like herbal teas or water over coffee, impacting the demand for office coffee services.

Competing Beverages: The availability of alternative beverages, such as kombucha, sparkling water, and specialty teas, can divert employees' preferences away from traditional coffee.

• Global Office Coffee Service Top21Players Ranking and Market Share（Continually updated）

Source: GlobalInfoResearch, “Global Office Coffee Service Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

The global key manufacturers of Office Coffee Service include Compass Group, Aramark Refreshment Services , Keurig Dr Pepper, Daiohs, Nestlé SA, Associated Coffee, Office Coffee Service (Culligan), Imperial Company, Sodexo, Imperial Coffee, etc. In 2022, the global top 10 players had a share approximately 47.0% in terms of revenue.

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