The cold brew coffee market will register a combined annual growth rate of over 27 percent by 2022, according to Research and Markets. The rising number of mergers and acquisitions are expected to gain traction in the market. Since 2014, several large vendors have engaged in mergers and acquisition to take over several small businesses and increase their market share and presence.
The increasing number of innovative and new product launches has also added to the growth of the market. The growing popularity of other hot drinks and cold drinks such as ready to drink coffees like frappuccinos, mochas, espresso drinks, roast and ground coffee, cold coffee, iced coffee, and energy drinks have emerged as a major challenge in the market. Full Story
Related: Historically Low Coffee Bean Prices to Drive Cutbacks; Global Demand for Robusta Beans is Rising.
from Foodservice http://bit.ly/2VwVMSG
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