The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn more14 pages, Feb 2018
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Cold brew coffee is one of the most talked about aspects of the coffee world today. From its origins in coffee shops it has now jumped over to other areas, and is increasingly important in RTD and at-home brewing. Despite the buzz, the category remains immature, especially outside North America, and still has a great deal of room to grow if it is to transition successfully into a permanent part of the coffee-drinking landscape.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
A method of coffee brewing that involves steeping coffee grounds in water without using heat, is rising in popularity. While its traces its origins to Japan, its current revival is centred on North America. From there, it is spreading around the world, although it is only mainstream in a handful of countries in Asia and North America.
This channel drives trends in the category, which later spill over into RTD and at home brewing. The adoption of cold brew by mass chains like Dunkin’ Donuts and Starbucks has been particularly important in taking the category mainstream. If cold brew is to catch on in other regions, like Western Europe or Latin America, it will have to be coffee shops that shoulder most of the burden of educating consumers as to what cold brew is.
With mass brands entering the category and the novelty wearing off, cold brew will need to adapt to stay relevant. Some of the ways this could happen include new techniques, like nitro or targeting of energy drinks to win over consumers looking for functional energy benefits.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.