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Community Coffee Co. launched a new single-serve coffee line: Community 2X Caffeine Coffee, which offers a natural extra boost of caffeine from coffee extracts, the company says.
Rounding out the Top 3 was that HOT Canned Coffee, New York, announced that its grab-and-go HOTSHOT hot coffees and hot chocolate now are available on Amazon.com.
Americans continue to show their affinity for coffee; but when they opt for this beverage, they are taking a more premium stance. “The coffee production industry exhibited growth over the past five years, propelled by an increasing number of consumers purchasing high-cost gourmet coffee,” IBISWorld states in its report “Coffee Production in the US,” which was released in January.
Demand for cups and lids in the United States are projected to expand 3.9 percent a year to $10.6 billion in 2020, according to a new study from The Freedonia Group, Cleveland. Gains will be supported by food trends that favor convenience and smaller portions, the market research firm details in its “Cups & Lids” report.
Ferris Coffee & Nut Co., a coffee roaster and nut distributor based in Grand Rapids, Mich., acquired JP’s Coffee, a coffeehouse located in downtown Holland, Mich.
The premium market for coffee continues to gain ground, according to an August 2012 report from Santa Monica, Calif.-based IBISWorld. “Consumers educated themselves more about coffee beans and traded up in quality over the five years to 2012,” the report stated.