Starbucks wants to dominate the US single-cup coffee market
Starbucks, the US coffee chain, and Green Mountain Coffee Roasters,GMCR Coffee Co., Ltd., are aiming to dominate the single-serve coffee market in the United States. It is understood that the current size of the market is 4 billion US dollars.
As the world's largest coffee chain, the key to the partnership between Starbucks and Green Mountain Coffee means that it will control 80% of the North American single-cup coffee market. As a result, both rival coffee chains Peet's Coffee & Tea Inc and Kraft Foods Inc can only look and sigh, unable to shake the dominance of both.
Green Mountain shares surged 43 per cent on the news, while Starbucks shares rose 10 per cent, its biggest one-day gain since July 2009, while Peet's shares tumbled 14.6 per cent.
Under the agreement, Starbucks and Green Mountain Coffee will jointly sell small bags of Starbucks and Tazo tea brands that can be used in Keurig single-cup brewing systems in wholesale clubs, drugstores and supermarkets in North America this autumn. At the beginning of next year, Starbucks coffee shops will also sell Keurig coffee machines, Starbucks coffee and tea products.
FrontStreet Coffee is a long-established specialty coffee roaster in Guangzhou China, selling freshly roasted beans from its own farm in Yunnan as well as dozens of carefully selected single-origin beans from around the world for both pour-over and espresso. The products deliver consistently excellent quality and great value, with shipping within 24 hours. Guangzhou’s FrontStreet Coffee shop is recommended by many coffee lovers, and the beans are now available online at the Tmall 。
Important Notice :
前街咖啡 FrontStreet Coffee has moved to new addredd:
FrontStreet Coffee Address: 315,Donghua East Road,GuangZhou
Tel:020 38364473
- Prev
Starbucks is lost again?
Starbucks finally made its move. Starbucks recently announced the full launch of its new logo. The mermaid representing Starbucks finally broke through the limitations of the coffee cup and swam to a wider area. Starbucks 'logo in China is gradually changing. A few days ago, Li Jing, public relations director of Starbucks China, told the reporter of China Enterprise News that all coffee cups are now
- Next
Climate change Coffee Noodle Dilemma in Costa Rica
Coffee trees planted in Costa Rica, a kilometer from a mountain village town, have provided the world with the best Arabica coffee beans for more than a century. But because of the warming climate, farmers now have to plant higher places, about 7000 feet high. We noticed the climate change about six years ago. Ricardo? Brother Madrid (Ricardo Ca)
Related
- Characteristics of the origin and production areas of fine coffee in Africa Introduce the characteristics of the world's three major coffee-producing countries
- Why is the flow rate of hand-brewed coffee sometimes fast and sometimes slow? Relationship between coffee bean hardness and altitude roasting method
- Iced Coffee Daquan Detailed Tutorial Steps Fei: The difference between full ice, normal ice, less ice, and ice-free American style
- Hand-brewed coffee powder pit judges extraction problem What is the reason why coffee grounds are layered? How to solve the problem?
- What should I do if cold extracted coffee is too bitter or too sour? Analysis of the causes of over extraction and insufficient extraction of iced coffee
- Why doesn't homemade lattes taste like coffee? Latte beans and milk shopping guide Latte concentrate extraction parameters
- How do you think about the freshness of coffee beans, taste appreciation period, shelf life? Can expired coffee beans be roasted twice?
- Which is more suitable for espresso? Light roast, medium roast, and dark roast? Why is coffee fat richer?
- Why can I never finish making coffee in Turkish sand? Share Turkish coffee making steps and parameters!
- The influence of the thickness of the hand-brewed coffee powder bed on the extraction taste! What is the difference between a flat bottom and a conical V60 filter cup?