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.
Single-cup coffee is playing an increasingly larger role in retail coffee sales. Single-cup sales growth comprised 74 percent of retail coffee sales growth of $761 million, according to Rockville, Md.-based Packaged Facts.
Price often plays a role for consumers when choosing a beverage brand, and many budget-conscious consumers seek out private-label brands for their value based on cost and quality.
Keurig Green Mountain Inc., Waterbury, Vt., and Luxembourg-based JAB Holding Co. announced that the companies have entered into a definitive merger agreement under which a JAB-led investor group will acquire Keurig Green Mountain for $92 per share in cash, or a total equity value of approximately $13.9 billion.
Keurig Green Mountain Inc. launched Green Mountain Coffee Coffeehouse, a new collection of beverages featuring café-inspired cappuccinos, lattes and macchiatos.