sales
Kombucha Now $2 Billion
Kombucha is already the fastest growing segment of the beverage market in North America with accelerating sales in Asia Pacific regions. Reports predict a 15-25% compounded annual global growth rate. Read more
Coffee Shops Still Growing
Sales in coffee shops across the United Kingdom grew 7.3% during 2017, according to a new report by Allegra World Coffee Portal. Read more
Tea on Alibaba
More and more tea companies are seeing the Alibaba e-commerce platform as a vehicle for gaining a presence in China’s notoriously complex market. Read more
Coffee Shops Growth Slows
US coffeehouses generated $23.4 billion in sales in 2017 but expansion slowed to 2%, the worst performance since the end of the recession. Read more
Starbucks Reassigns Key Staff
The latest quarterly financial report shows continued slide in same store growth for the coffee behemoth. Read more
Rocky Mountain High
Rocky Mountain High Brands has signed an agreement with Los Angeles based company International Wholesale to promote Rocky Mountain products to all its customers. Read more
Sales of Cold Brew to Double
The popularity of cold brew coffee from double shots on ice to nitro-infused coffee on tap will double sales in the next three years, according to Starbucks. Read more
Instant Markets
Instant coffee is increasing its market share at the expense of fresh brew with big gains in emerging markets where convenience and quality drive sales. Read more
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