As millennials age and iGeneration consumers gain buying power, their consumption habits of coffee beverages are growing and changing. In conjunction with health-and-wellness trends and functional benefits, coffee has become a go-to category for these consumers who look for premium, specialty and value-added products.
Keurig Green Mountain Inc., Waterbury, Vt., unveiled the new Keurig K-Select coffee maker. The latest in Keurig brewing innovation, the versatile K-Select coffee maker features a strong brew with a removable water reservoir and an intuitive interface, the company says.
When it comes to coffee, consumers are looking for premium products in both hot and cold varieties to get their coffee fix. “Consumers are increasingly demanding specialized, high-quality coffee products, particularly in single-use servings.
Starbucks Coffee Co., Seattle, announced the launch of the next generation of its Verismo System by Starbucks: The Verismo V Brewer. The new single-cup brewing system offers a sleek design, enhanced features, and expanded coffee and espresso pod variety, allowing consumers to craft Starbucks brewed coffee, espresso and caffé lattes consistently and conveniently, the company says.
Forty-four percent of consumers are visiting convenience (C-stores) stores more often — and half say they are visiting significantly more often than they did just two years ago, according to Chicago-based Datassential, which surveyed 1,000 consumers and 150 operators for its June “C-Store Keynote Report.” While visiting C-stores, these consumers also are buying more prepared food and beverages, the report notes.
Coffee segment’s market share increased to 4 percent
September 2, 2016
Coffee has recently seen a renaissance, both through its renewed popularity among younger consumers, as well as through exciting innovations within the coffee space — such as cold-brewed and pour-over coffee, reports Chicago-based Technomic, a Winsight company.
Almond milk will be available in restaurants nationwide by end of August
August 18, 2016
Canton, Mass.-based Dunkin’ Donuts announced that its lineup of pumpkin coffees and baked goods will return to its restaurants nationwide before the end of the month. Starting Aug. 18, Metro New York began serving pumpkin-flavored coffee, lattes and macchiatos. The brand’s full pumpkin menu, including coffees, donuts, Munchkins and muffins, will be available for a limited time in all Dunkin’ Donuts restaurants nationwide no later than Aug. 29, the company says.
The U.S. coffee market remains steady, but a few trends are having an impact on it. A 2015 Gallup study found that Americans are drinking just as much coffee now as they were in 1999, about 2.7 cups a day.