Wednesday 29 May 2024
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World coffee market: global figures for 2017 put Asia way out in front

MILAN – If there’s one product taking the world by storm right now it’s coffee. And its characteristic aroma has clearly worked its magic, because the world has now woken up, as it were, to the fact that origins and crus are as important for the Coffea bean as they are for wine and olive oil.

World’s largest Starbucks Reserve Roastery to open in Chicago in 2019

CHICAGO, U.S. – In 1987, the first Starbucks outside of Seattle was opened in Chicago, IL. Chicago has long been the second city for Starbucks, a city where the coffee chain has tested various programs from a Starbucks “Express” store in Union Station to the new Mercato food program.

Seasonal offerings tops chocolate new product development, says Mintel

LONDON, UK – As chocolate lovers across the globe prepare to indulge in Easter treats, new research from Mintel reveals that seasonal launches accounted for one quarter (25%) of global chocolate new product launches in 2016, the biggest area of chocolate new product development (NPD) according to Mintel Global New Products Database (GNPD).

Grande growth: UK coffee shop sales enjoy a growth high, says Mintel

LONDON, UK – Visiting coffee shops is a ritual that many Brits routinely adhere to, as new research reveals Britain’s coffee shop culture is full of beans. According to Mintel research, the UK coffee shop market has enjoyed its biggest period of growth since 2008, when the market was valued at £2.2 billion.

UK coffee shop market expected to grow 29 percent in next five years

LONDON – The UK coffee market is expected to grow 29% over the next five years , according to new research. The findings by Mintel also showed the market has grown 37% in the past five years. Between 2015 and 2016 sales increased 10.4% – the biggest year-on-year boost witnessed in the past five years.

Global coffee market continues to brew up a storm in Asia, says Mintel

LONDON, UK – The global coffee market continues to brew up a storm and Asia is playing a key role in its growth. New research from Mintel reveals that three out of the five fastest growing retail coffee markets are in Asia. Indonesia is currently ...

Five coffee and tea trends to look for in 2017 according to Mintel

On-premise coffee and tea remains a growing segment within the foodservice industry, with sales at coffee houses alone reaching $21.6 billion in 2016. However,...

Mintel announces six key global food and drink trends for 2017

Mintel, the world’s leading market intelligence agency has recently announced the six key trends set to impact the global food and drink market –...

Millennials on the move: Younger Canadians eat breakfast

As the saying goes, “breakfast is the most important meal of the day.” However, new research from Mintel reveals that not all Canadians agree...

Millennials drive growth of “fourth wave” iced coffee, but where do we go from here?

Millennials are driving the cold coffee revolution in the US. Cold coffee has proven to be an effective way to convert younger drinkers –...

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