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(GlobeNewswire) - The global foodservice coffee market size was valued at USD 406.68 billion in 2021 and USD 420.31 billion in 2022. The market is expected to reach USD 554.02 billion by 2029 with a CAGR of 4.0% during the forecast period. An increasing shift of consumers toward cold brew coffee is predicted to boost the demand for the product. Increasing coffee consumption in emerging economies and stronger interest in specialty coffee is set to drive market growth. An increasing number of coffee shops and food courts is expected to propel the market course. Fortune Business Insights shares this information in its report titled Foodservice Coffee Market, 2022-2029. Get a Free Sample Research Report:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/food-service-coffee-market-100798

List of Key Players Profiled in the Market Report Starbucks Corporation (U.S.) The J.M Smucker Company (U.S.)Costa Limited (U.K.)The Coffee Bean & Tea Leaf (U.S.)Peet's Coffee, Inc. (U.S.)Soho Coffee Co. (U.K.)The Kraft Heinz Company (U.S.)Ediya Co. Ltd. (South Korea)Juan Valdez (Colombia)Tim Hortons (Canada)

Segments

Takeaway/Delivery to Lead Due to Increasing Online Food Orders

On the basis of type, the market is divided into takeaway/delivery and dine-in. Takeaway/delivery segment is anticipated to have the largest part due to increasing demand for takeaway. They offer a menu in multiple selection type delivery, including breakfast, lunch, and dinner. Demand for takeaway is increasing due to shut down of dine-in services.

Coffee Chains to Govern the Segment Owing to Increasing Demand for Coffee

Based on end-user, the market is categorized into coffee shops/chains, bakery shops, and others. Coffee chains/chains segment is expected to have a major part due to increasing demand for iced coffee, coffee with ice cream, and others. Various coffee chains offering international flavors make them...

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