The U.S. liquid coffee for foodservice application market has been witnessing steady growth due to the convenience offered by liquid coffee products in foodservice settings. The trend of on-the-go consumption has also contributed to the popularity of liquid coffee products. The market is expected to witness further growth due to the rising demand for ready-to-drink coffee and increasing adoption of coffee culture in the United States. The COVID-19 pandemic has also led to an increase in the consumption of liquid coffee products in the foodservice industry due to the shift towards take-out and delivery services. Key players in the market are focusing on product innovation and expansion of their distribution channels to capture a larger market share. The market is dominated by major players such as Nestle S.A., The J.M. Smucker Company, and Farmer Bros. Co. among others.
The U.S. Liquid Coffee For Foodservice Application Market is projected to surpass US$ 18.4 Mn by the end of 2028, and is expected to exhibit a CAGR of 3.5% during the forecast period (2021 to 2028).
Key Players in the U.S. Liquid Coffee For Foodservice Application Industry:
1. Café Amazon
Café Amazon is a Thai coffeehouse chain founded in 2002. Its headquarters are located in Bangkok, Thailand, and the company currently operates in 10 countries. The company is known for its sustainable farming practices and for sourcing coffee from local farmers. In recent years, the company has expanded its product offerings to include a wider range of beverages and snacks.
2. Café du Monde
Café du Monde is a coffeehouse chain based in New Orleans, Louisiana, USA. The company was founded in 1862 and is famous for its beignets and chicory coffee. Café du Monde currently operates in the United States and Japan. In 2021, the company opened a new location in Biloxi, Mississippi, bringing the total number of locations to 10.
3. Caffè Nero
Caffè Nero is a British coffeehouse chain founded in 1997. Its headquarters are located in London, England, and the company currently operates in 10 countries. In 2020, the company announced plans to close 31 stores in the United Kingdom due to the COVID-19 pandemic. However, the company also announced plans to expand its presence in the Middle East, with new locations planned for Kuwait, Saudi Arabia, and the United Arab Emirates.
4. Coffee Beanery
Coffee Beanery is an American coffeehouse chain founded in 1976. Its headquarters are located in Flushing, Michigan, and the company currently operates in 22 countries. In 2021, the company announced plans to launch a new line of single-serve liquid coffee for foodservice applications. The product, called "Brewtifully Bold," is designed to provide a convenient and consistent coffee experience for businesses.
5. Costa Coffee
Costa Coffee is a British coffeehouse chain founded in 1971. Its headquarters are located in Dunstable, England, and the company currently operates in 32 countries. In 2019, the company was acquired by Coca-Cola for $5.1 billion. Since then, the company has continued to expand its presence, with plans to open 1,500 new stores globally over the next decade.
6. Dunkin' Donuts LLC
Dunkin' Donuts is an American coffee and donut company founded in 1950. Its headquarters are located in Canton, Massachusetts, and the company currently operates in 36 countries. In 2020, the company announced plans to close approximately 800 stores in the United States due to the COVID-19 pandemic. However, the company also announced plans to expand its presence in China, with 1,400 new stores planned for the country over the next decade.
7. Four Barrel Coffee
Four Barrel Coffee is an American coffee roaster and retailer founded in 2008. Its headquarters are located in San Francisco, California, and the company currently operates in the United States. In 2021, the company announced plans to launch a new line of liquid coffee for foodservice applications. The product, called "BrewBox," is designed to provide a premium coffee experience for businesses.
8. Gloria Jean's Coffees
Gloria Jean's Coffees is an Australian coffeehouse chain founded in 1979. Its headquarters are located in Sydney, Australia, and the company currently operates in 50 countries. In 2021, the company announced plans to open new locations in China, Indonesia, and Malaysia. The company also launched a new line of cold brew coffee for foodservice applications.
9. McCafé USA
McCafé is a subsidiary of McDonald's that specializes in coffee and other hot beverages. It was first introduced in Australia in 1993, and it launched in the United States in 2001. The headquarters of McCafé USA is in Chicago, Illinois, and it operates in over 39,000 locations in more than 100 countries. In recent years, McCafé has focused on expanding its coffee offerings and improving the quality of its products. In 2021, the company introduced a new line of ready-to-drink coffee beverages in partnership with Coca-Cola.
10. Starbucks Corporation
Starbucks is one of the largest coffeehouse chains in the world, with headquarters in Seattle, Washington. It was founded in 1971 and operates in over 80 countries with more than 31,000 locations. The company is known for its premium coffee and extensive menu of food and drinks. In recent years, Starbucks has focused on expanding its digital presence and improving its mobile ordering and delivery options. In 2020, the company launched a new line of plant-based beverages, including a vegan cold brew made with almond milk.
*Definition- U.S. liquid coffee for foodservice application refers to pre-brewed coffee that is sold in a liquid form, typically for use in foodservice settings such as cafes, restaurants, and convenience stores.
