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.
Canton, Mass.-based Dunkin’ Donuts announced that it is expanding its beverage menu by adding cold-brew coffee at participating Dunkin’ Donuts restaurants in the Metro New York and Los Angeles markets. The rich, ultra-smooth, full-bodied cold-brew coffee is handcrafted in Dunkin’ Donuts restaurants in small batches and served every day while supplies last, the company says. The offering soon will become available at participating Dunkin’ Donuts locations throughout the country later this summer, it adds.
Company to introduce Nitro Cold Brew in select cities
May 31, 2016
Seattle-based Starbucks Corp. announced a new line-up of cold beverages that will become the foundation for a new “cold bar” of coffee and espresso products.
DPS distribution partnership brings High Brew to 5 major cities
April 28, 2016
Austin, Texas-based High Brew Coffee, a company known for its ready-to-drink (RTD) cold-brew coffees, announced a Series A-2 investment of $4 million from Austin, Texas-based CAVU Venture Partners, a recently-launched fund focused on investment and incubation in healthy food and beverage companies. Additionally, High Brew Coffee announced a new distribution partnership with Plano, Texas-based Dr Pepper Snapple Group (DPS), which will include expanded distribution in key markets, it says.
Consumers have become more open to new flavors and innovations as interest in health and wellness and consuming natural and organic products continues to grow.
By May 2013, Mike Steiner and Jake Paulson had grown weary of the years they had spent on the road touring as front-of-house audio engineers in the rock music industry, so they switched channels and founded a cold-brew coffee company they dubbed Anchorhead Coffee.
From tasting freshly squeezed Florida orange juice as a young boy to driving past rows of almond trees in blossom en route to his Bakersfield, Calif.-based plant, Califia Farms’ Founder and Chief Executive Officer Greg Steltenpohl derives inspiration from smelling and tasting new innovations, while listening to and leading a team of passionate employees.