About Office and Commercial Coffee Equipment and Supplies
Office and commercial coffee equipment and supplies refer to coffee brewers or coffee makers (equipment) and coffee preparation supplies, provided to offices and commercial establishments across industries such as food service outlets and restaurants, healthcare, hospitality, retail, and others.
Technavio’s analysts forecast the office and commercial coffee equipment and supplies market in the US will a register revenue more than USD 6.2 billion by 2022.
Covered in this report
The report covers the present scenario and the growth prospects of the office and commercial coffee equipment and supplies market in the US for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Technavio's report, Office and Commercial Coffee Equipment and Supplies Market in the US 2018-2022, 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.
Technavio Announces the Publication of its Research Report – Office and Commercial Coffee Equipment and Supplies Market in the US 2018-2022
Technavio recognizes the following companies as the key players in the office and commercial coffee equipment and supplies market in the US: BUNN, Farmer Bros., JAB Holding Company, Nestlé, and ROYAL CUP COFFEE.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising consumption of specialty coffee. There is a growing demand for specialty coffee beans from high-end restaurants and hotels in the US. Specialty coffee beans are derived from specialized processing methods that eliminate sourness, bitterness, and unpleasant flavors of coffee beans, driving the need especially from the millennial population.”
According to the report, one driver in the market is growing demand for premium coffee. It has been observed that there is a steady demand for premium coffee such as gourmet coffee from offices and working professionals. Despite high costs, employers across the globe highly invest in premium coffee and coffee-making equipment.
Further, the report states that one challenge in the market is rising and fluctuating prices of coffee beans. The rise in the prices of coffee beans limits the growth of the office and commercial coffee equipment and supplies market in the US. Fluctuations in coffee-bean prices negatively impact the growth of the market.
BUNN, Farmer Bros., JAB Holding Company, Nestlé, and ROYAL CUP COFFEE.