With growth of coffee consumption in the US and Europe stagnating, manufacturers are pursuing increase opportunity in emerging markets, such as Brazil, “despite several macro-economic road bumps,” according to new research from Rabobank.
RTD coffee may be the fastest-growing segment in the US retail coffee market, according to Mintel, but a new report shows that the coffee shop market still resonates with on-the-go, premium-seeking consumers.
Nestlé has said that it wants to deliver “industry leading volume growth” by leveraging key consumer trends. The company detailed exactly how it intends to achieve this at its investor summit in London yesterday (26 September).
As Americans scout out the best deals to celebrate National Coffee Day on Friday, manufacturers of the beverage have a lot to celebrate – including a significant increase in the percentage of people in the US who enjoy a daily cup of joe, according to...