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S&P/TSX composite down Monday, U.S. markets also move lowerRoasted Coffee Market Size, Driving Factors, Growth Statistics, Competitive Landscape And Forecast To 2033 11-25-2024 12:46 AM CET | Advertising, Media Consulting, Marketing Research Press release from: The Business Research Company Roasted Coffee Market The Business Research Company recently released a comprehensive report on the Global Roasted Coffee Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. According to The Business Research Company's, The roasted coffee market size has grown strongly in recent years. It will grow from $37.42 billion in 2023 to $40.23 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to expansion of coffee shop culture, increasing premiumization trends, growing awareness of coffee varieties, evolving consumer tastes and preferences, sustainability and ethical sourcing. The roasted coffee market size is expected to see strong growth in the next few years. It will grow to $52.11 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to continued rise of specialty coffee, demand for ready-to-drink coffee products, focus on single-origin and micro-lot coffees, health and wellness trends, innovations in roasting techniques. Major trends in the forecast period include focus on sustainable and ethical sourcing, digitalization of coffee retail, global economic trends, technological advancements in roasting equipment, online sales and subscription models. Get The Complete Scope Of The Report @ https://www.thebusinessresearchcompany.com/report/roasted-coffee-global-market-report Market Drivers and Trends: The increase in the consumption of coffee is expected to boost the growth of the roasted coffee market going forward. Coffee refers to a beverage created from the roasted and ground seeds of the coffee plant through percolation, infusion, or decoction. Drinking coffee has positive effects on the liver, such as lowering levels of toxic liver enzymes, reducing the risk of dying from liver cirrhosis, and preventing liver scarring in hepatitis C patients, hence, the increase in the consumption of coffee is expected to boost the roasted coffee market. For instance, in March 2022, according to NCA (National Coffee Association), a US-based trade association, coffee consumption increased by about 14% from January 2021. Coffee is now consumed daily by 66% of Americans, more than any other beverage, including tap water. Therefore, the increase in the consumption of coffee is driving the growth of the roasted coffee market. Product innovation is the key trend gaining popularity in the roasted coffee market. Major companies operating in the roasted coffee market are focusing on developing new products. For instance, in April 2021, Nestlé, a Switzerland-based food and beverage company, launched the Nescafé Gold Blend Roastery Collection. The distinctive taste profile created through roasting innovation distinguishes the Nescafé Gold Blend Roastery Series. Nestlé uses a novel roasting technique that emphasizes the distinct flavors of the various beans and uses them in their mixes to conform to the current specialty coffee demand. Key Benefits for Stakeholders: • Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry. • Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning. • Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition. • Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights. • Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale. Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=9555&type=smp Major Key Players of the Market: Nestlé S.A.; Starbucks Coffee Company; Luigi Lavazza SPA; Peet's Coffee Inc.; JDE Peet's; Tchibo Coffee International; Strauss Coffee BV; Keurig Green Mountain Inc.; Farmer Brothers Company; Royal Cup Inc.; J.M. Smucker Company; Melitta Group; Massimo Zanetti Beverage USA; UCC Ueshima Coffee Co. Ltd.; Tim Hortons Inc.; Gloria Jean's Coffees; Hawaiian Isles Kona Coffee Co.; Kicking Horse Coffee Co. Ltd.; La Colombe Coffee Roasters; 85 °C Bakery Cafe; Lifeboost Coffee; Philz Coffee; Tata Consumer Products; Coffee Beanery; Westrock Coffee Company LLC; Três Corações Group; Lavazza Professional; Jacobs Douwe Egberts; Dunkin' Brands Group Inc.; Eight O'Clock Coffee Company Roasted Coffee Market 2024 Key Insights: • The roasted coffee market will grow to $52.11 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. • Surge In Coffee Consumption Drives Growth In The Roasted Coffee Market • Product Innovation Transforms The Market • Europe was the largest region in the roasted coffee market in 2023 We Offer Customized Report, Click @ https://www.thebusinessresearchcompany.com/Customise?id=9555&type=smp Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: info@tbrc.info Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model Learn More About The Business Research Company The Business Research Company ( www.thebusinessresearchcompany.com ) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide. This release was published on openPR.
MISSOULA, Mont. (AP) — Marcus Adams Jr.'s 25 points helped CSU Northridge defeat Utah Tech 89-79 on Sunday night at the Stew Morrill Classic. Adams added five rebounds for the Matadors (4-1). Keonte Jones added 23 points while shooting 8 of 15 from the field and 5 for 10 from the line while they also had nine rebounds and three blocks. Scotty Washington had 19 points and went 7 of 14 from the field (3 for 6 from 3-point range). The Trailblazers (1-5) were led by Hakim Byrd, who posted 23 points. Utah Tech also got 15 points from Noa Gonsalves. Samuel Ariyibi finished with 14 points and three blocks. The Matadors play Denver and Utah Tech takes on Montana when the event wraps up on Monday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .MISSOULA, Mont. (AP) — Marcus Adams Jr.'s 25 points helped CSU Northridge defeat Utah Tech 89-79 on Sunday night at the Stew Morrill Classic. Adams added five rebounds for the Matadors (4-1). Keonte Jones added 23 points while shooting 8 of 15 from the field and 5 for 10 from the line while they also had nine rebounds and three blocks. Scotty Washington had 19 points and went 7 of 14 from the field (3 for 6 from 3-point range). The Trailblazers (1-5) were led by Hakim Byrd, who posted 23 points. Utah Tech also got 15 points from Noa Gonsalves. Samuel Ariyibi finished with 14 points and three blocks. The Matadors play Denver and Utah Tech takes on Montana when the event wraps up on Monday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .B.C. NDP government, Greens forge confidence agreement with 'shared priorities'WASHINGTON (AP) — When President Joe Biden visited Angola last week, one of the highlights was his pledge of hundreds of millions of dollars for an ambitious trans-Africa rail project that would bring copper and cobalt from central Africa to the Atlantic port of Lobito. The project is possible because of the commitment of a $553 million direct loan from the U.S. International Development Finance Corporation, created in 2019 during the first Trump administration to counter China’s expansion of its global reach through infrastructure projects, such as the mega-port in Chancay , Peru, inaugurated just last month. On Monday, the U.S. agency celebrated its five-year milestone by vowing to advance U.S. foreign policy and strategic interests through projects around the world such as the one in Angola. It also seeks re-authorization from Congress and a greater ability to invest in more countries when there’s a strategic need to compete with China. “We need to be good partners while offering an alternative based on our values,” said Scott Nathan, the chief executive officer of the development agency, who was in Angola last week with the president. “Quite simply, we need to continue to show up.” RELATED COVERAGE Tulsi Gabbard, Trump’s pick for intel chief, faces questions on Capitol Hill amid Syria fallout Trump promises to end birthright citizenship: What is it and could he do it? Biden creates Native American boarding school national monument to mark era of forced assimilation Nathan is set to leave the post. President-elect Donald Trump is yet to name his pick to lead the agency. Over its first five years, the agency has developed a portfolio of more than $50 billion in 114 countries, including solar panel manufacturing in India, a power plant in Sierra Leone, and digital infrastructure in South America. To do that, the agency has leveraged government funding to partner with private investments. In the last fiscal year, the agency committed to $12 billion in new transactions, using the roughly $800 million in appropriations, Nathan said. Investments by the agency are having a “transformational impact on economic development while concretely advancing U.S. strategic interests,” Nathan said. In Angola, for example, the rail project would help secure the supply chain by cutting both time and cost in transporting critical minerals. National security adviser Jake Sullivan said the agency was created when the U.S. was “ceding the field” to China in a new era of geopolitics. The U.S. needed a vision “calibrated to new geopolitical realities” and that matched ”the scope of the transformational challenges we faced.” It was in 2013 when Beijing launched the massive Belt and Road Initiative to gain markets and influence around the world by building roads, railways, power plants, transmission lines and ports, usually in less-developed regions. A recent report by the U.S. Government Accountability Office said China provided $679 billion for international infrastructure projects such as those in transportation and energy between 2013 and 2021, compared with the $76 billion the U.S. provided in the same period. Western politicians have criticized these Beijing-backed projects for creating debt traps, but Beijing argues that they have brought tangible and much-needed economic benefits to the host countries. In 2018, Congress passed a bipartisan bill that created the U.S. development agency, aimed at bringing private investments into low- and middle-income countries through tools such as equity investment, loan guarantee and political risk insurance. On Monday, Secretary of State Antony Blinken praised the agency for “reimagining how the U.S. does development” and said, through its work, the U.S. has “shown countries that they don’t have to resort to projects that are poorly built, environmentally destructive, that import or abuse workers, that foster corruption or burden countries with unsustainable debt.” “We really are the partner of choice,” Blinken said. As challenges lie ahead, Blinken said the agency needs to do even more and in more countries than before.
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