Search Results for: Covid

Chocolate

BOOST TO GLUTEN-FREE CHOCOLATE MARKET

Research and advisory company Technavio has been monitoring the gluten-free chocolate market, and, undoubtedly, the market will grow by USD 480 million during 2019-2023, progressing at a CAGR of almost 13% during the forecast period. Their report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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Coffee

ARABICA PRICES ROSE IN MARCH WHILE ROBUSTA FELL-ACCORDING TO ICO

In March 2020, prices for all Arabica group indicators increased due to concerns over the availability of that type of coffee while Robusta prices fell, according to the International Coffee Organisation’s (ICO) latest report. In 2019-20, world coffee consumption is projected to be higher than in 2018-19 as COVID-19 presents considerable downside risk to global coffee consumption, as demand is currently estimated to exceed production. However, the situation is evolving quickly and impacting both supply and demand.

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