China’s fast-growing coffee company Luckin Coffee is expected have more than 4,500 outlets in the country by the end of 2019. Luckin Coffee chief financial officer Reinout Schakel said that target would make it larger than Starbucks in China, which has in excess of 4,000 coffee shops and an announced goal of 6,000 stores there […]
LUCKIN COFFEE CONTINUES FAST PACE OF GROWTH Read More »
Coffee market analyst Allegra says iced beverages generated US$10.4 billion in sales at branded coffee shops in the US in the last 12 months, achieving 7.3% growth. ‘Project Iced USA 2020,’ Allegra World Coffee Portal’s new report on the out-of-home iced beverages market, found that iced beverage sales comprised more than one fifth of branded coffee
ICED BEVERAGE SALES SURGE AS COLD BREW BECOMES COFFEE SHOP MAINSTAY Read More »
To highlight UK Recycle Week (Monday 23rd to Sunday, 29th September) Nestlé, the world’s biggest food and drink manufacturer is turning its prominent offices in York green for the week. Nestlé House, the office building sited on the company’s historic York confectionery campus will glow green and proudly display the iconic recycling swoosh from dawn
NESTLÉ GOES GREEN TO SHINE LIGHT ON UK RECYCLE WEEK Read More »
Nesquik, the iconic family favourite milk drink, has joined the long list of flavours available for the Nescafé Dolce Gusto system. Providing the familiar cocoa flavour adored by generations, each serving of Nescafé Dolce Gusto Nesquik hot chocolate provides a source of calcium and also offers a generous foam top, giving drinkers a unique and
NESQUIK JOINS THE NESCAFÉ DOLCE GUSTO LINE-UP Read More »
Lavazza, the Italian coffee company that has been owned by the Lavazza family for four generations and is among the World’s most important roasters, is the latest big name to sign up as an exhibitor for European Coffee, Tea & Soft Drinks Expo, the only professional trade show 100% devoted to the profitable service and
LAVAZZA JOINS THE EUROPEAN COFFEE, TEA & SOFT DRINKS EXPO LINE UP Read More »
Segments of the US coffee market that are minor ones currently but growing quickly from a small base could point the way to where the industry is headed Cold brew, nitro and delivery services may not yet be mainstream everywhere in the US – trials of the latter are only just getting under way –
NICHE AND ULTRA-NICHE SEGMENTS SET TO EXPAND RAPIDLY IN DIVERSIFYING US COFFEE MARKET Read More »
A rich cup of coffee is one of life’s little pleasures, but it will become more difficult and expensive to obtain in the near future. Coffee is among the crops under threat from climate change. An extensive study published in January found that 60% of wild coffee species — or 75 of 124 plants — are
HOW CLIMATE CHANGE IS KILLING COFFEE Read More »
New research suggests people who are genetically predisposed to be sensitive to the bitter taste of caffeine drink more coffee than those who are less sensitive. The desire for that caffeine rush may be so strong, we’ll seek out bitterness to get it. Marilyn Cornelis has been thinking about coffee for most of her life.
COFFEE, BITTERNESS AND GENETICS Read More »
There’s a number of obvious factors that influence how much coffee you drink. How much sleep you got last night, for instance, or how many times your needy cat woke you up. The proximity of the nearest Starbucks to your office. The number of urgent and acutely stressful deadlines clogging your diary. But before you chastise
‘HOW MUCH COFFEE YOU DRINK DEPENDS ON YOUR GENETICS’ Read More »
Allegra’s latest report suggests that the US branded coffee shop market has a value of US$45.4 billion and is growing steadily. Allegra forecasts that the sector will exceed 40,800 outlets by 2023, representing five-year CAGR growth of 2.8%. It said industry leaders are ‘broadly positive’ on market conditions, with high staff turnover, labour costs and
PREMIUMIZATION AND CONSOLIDATION DRIVING US COFFEE SHOP MARKET Read More »
