Lyons Magnus Selects Junction Solutions and Microsoft Dynamics AX 2012 to …

Posted by admin on February 6th, 2012

DENVER, Jan 24, 2012 (GlobeNewswire via COMTEX) –
Junction Solutions, a provider of vertical, market-specific on-premise and on-demand software applications and services for the food and beverage, multi-channel retail and distribution industries built in Microsoft Dynamics(R) AX, today announced its selection by Lyons Magnus, a leading food service company offering a broad line of value-added fruit, beverage and chocolate products to both the food service and industrial dairy segments. Lyons Magnus will utilize Junction Solutions’ JunctionFB(TM), the company’s end-to-end solution set for the food and beverage industry, to streamline operations and visibility throughout the organization from inventory to production scheduling to distribution.

“Like many well-established food and beverage companies, Lyons Magnus had outgrown its disparate legacy systems, and was still using manual order processes,” said Christian Hutter, senior vice president of manufacturing and distribution for Junction Solutions. “With the introduction of Microsoft Dynamics AX 2012, the time is right for the company to maximize the increased functionality offered by the latest platform, and to utilize the JunctionFB solution set to customize a single, end-to-end solution that will provide visibility throughout all operations as well as adapt easily to future growth.”

“Lyons Magnus is among a select group of industry leaders who have already recognized the competitive advantage of implementing Microsoft Dynamics AX 2012 and JunctionFB,” said Michael Shoemaker, Microsoft’s North America Dynamics distribution and consumer goods industry manager. “The powerful, agile and simple solution is unparalleled for its industry-specific ability to streamline and integrate current business functions and adapt to future needs.”

Lyons Magnus has selected the JunctionFB solution set, as well as Junction Solutions’ Genetic Optimizer (GO) for Production Scheduling Optimization, Trade Promotions Management (TPM), Wireless Warehouse and Direct Store Delivery to support the entire financial, operational, product manufacturing, packaging and distribution lifecycle and to streamline processes. And because the solution operates in the familiar Microsoft touch-screen format, staff training is minimized.

“We realized we needed to partner with an organization with a proven track record of success in the food and beverage industry, and we also identified Microsoft Dynamics AX 2012 as the preferred platform,” said Jon Parker, Lyons Magnus vice president of information technology. “Junction Solutions was actually referred to us by Microsoft and we were impressed with their knowledge of our industry as well as the functionality of JunctionFB. Not only can JunctionFB meet our current business requirements and integrate information from all of our manufacturing and sales locations, but it can easily be adapted as our company continues to grow.”

About Lyons Magnus

Founded in 1852, Lyons Magnus develops and markets quality value-added fruit, beverage and chocolate products with innovative packaging to meet the needs of foodservice, ingredient and international customers. Headquartered in Fresno, CA, the company is directly involved at nearly every level of its industry, including the growing and processing of key raw materials, process engineering, manufacturing, warehousing and transportation. For more information, please visit
www.lyonsmagnus.com .

About Junction Solutions

Junction Solutions provides vertical-specific on-premise, hosted and cloud-based software and services that enhance operational performance, reduce costs, expand delivery channels and strengthen relationships. Built in Microsoft Dynamics(R) AX and designed specifically for food and beverage, multi-channel retail and distribution companies, Junction Solutions’ portfolio includes enterprise resource planning (ERP), supply chain management (SCM−demand, warehouse, yard and transportation management), production and scheduling optimization, trade promotions management, direct store delivery management, merchandising, order entry and call center management and mobile/web-enabled product sourcing and traceability. For more information, please visit
www.junctionsolutions.com .

The Junction Solutions logo is available at

http://www.globenewswire.com/newsroom/prs/?pkgid=11437

This news release was distributed by GlobeNewswire,
www.globenewswire.com

SOURCE: Junction Solutions

CONTACT: Julie Herron Carson
jcarson@junctionsolutions.com
404-285-3434

(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.

Rwanda’s beverage company BRALIRWA increases prices

Posted by admin on February 5th, 2012

……


Rwanda’s beverage company BRALIRWA increases
prices
on soft drinks

the company is taking advantage of its market
monopoly
to exploit customers by unnecessarily hiking
prices

.

KIGALI, (Xinhua) —

Following an announcement Sunday evening on an
increase of BRALIRWA’s non-alcoholic drinks,
several dealers in soft drink business within
Kigali city and in neighboring districts have
expressed concern over the company’s move.

By
Monday morning, several distributors of BRALIRWA’s
soft drinks; such as Coca-Cola, Fanta, Sprite and
similar drinks, were heard over local FM radio
stations, expressing their disapproval and
bitterness over price increase.

A bottle of a soft
drink has increased from about 0.5 US dollar to 0.7 US
dollar, a move which one Kigali based wholesale distributer
Musa Blase told Xinhua that “the company is taking advantage
of its market monopoly to exploit customers by unnecessarily
hiking prices.”

“How
can BRALIRWA make an increase on its soft drinks by all of a
sudden, yet prices on petroleum products were just a week
ago reduced down by the Government of Rwanda?” angrily asked
Musa.

Fatimah Uwase, a
local retail seller of Soft drinks, told Xinhua that “the only
solution to stop the monopoly company from exploiting buyers
is by coming into market by other competitor industries which
will minimize prices due to competition.”

A customer taking a
coke from Fatimah’s shop, who declined to mention his names to
Xinhua, said “Rwanda Utility Regulatory Agency (RURA) should
intervene and protect customers from being exploited by
BRALIRWA.”

In a telephone
interview, BRALIRWA’s Corporate Affairs Manager Freddy
Nyangezi told Xinhua that “without going into a lot of the
commercial details, the main cause of a negligible increase on
out company’s non-alcoholic beverages is for a need to
maximize our production for the ever increasing market and for
high quality maintenance.”

Rwanda’s only
dominant beverage industry in the county, BRALIRWA, is faced
with a challenge of producing more that the current annual
output of 1.3 million hector-liters which can no longer cater
for the demand.

BRALIRWA’s Corporate
Affairs Manager Freddy Nyangezi also told Xinhua “a beverage
industry that has expressed interest in entering Rwanda’s
market is ‘Crown Beverages’ from neighboring Uganda which
would increase the presence of PEPSI soft drink to Rwandan
consumers.”

However, Freddy
Nyangezi was swift to add that “the entrance into market by
foreign companies would not in any way affect their market
share, given the company’s reputation for producing high
quality brands which is the magic for the current large
market share in all their drinks either alcoholic or
non-alcoholic.”

Over 90 percent of
all soft drinks in Rwanda are produced by BRALIRWA, while the
remaining less than 10 percent of the rest of other soft
drinks are imported from neighboring Uganda and Kenya on a
lower scale by individual importers or supermarkets.


..

Remember:
you read it first at coastweek.com
!

.

Government of Canada Helps Food and Beverage Exporters Boost Exports

Posted by admin on February 2nd, 2012

SPRUCE GROVE, ALBERTA, Jan 24, 2012 (MARKETWIRE via COMTEX) –
Canada’s food and beverage industry will be well represented at
some of the biggest and most prestigious food shows in the world
thanks to support from the Government of Canada. David Anderson,
Parliamentary Secretary to the Minister of Natural Resources and for
the Canadian Wheat Board and Member of Parliament (Cypress Hills -
Grasslands), on behalf of Agriculture Minister Gerry Ritz, today
announced funding of over $600,000 for Food Beverage Canada (FBC) to
expand sales and product awareness.

“Our Government’s top priority remains the economy, and Canada’s food
and beverage industry plays an important role in creating jobs and
keeping our economy strong,” said Parliamentary Secretary Anderson.
“Our Government is proud to work together with Canada’s food and
beverage exporters to strengthen their businesses by increasing their
marketing capacity and showcasing their world-class products.”

This investment will allow FBC to help lead a joint trade mission to
the Gulfood Show next month in Dubai, where they will bring Canadian
companies to showcase their products at the world’s largest annual
food and hospitality show. The funding has allowed FBC to extend its
marketing through other key international food and beverage shows,
including Anuga and the Hong Kong Food Expo.

“FBC is very grateful for the funding support that helps us achieve
our long term international goals for value-added small and medium
sized companies,” said Wendy Hindle, Executive Director of FBC. “This
investment enables us to continue to offer programs that work to
maintain and develop markets around the world. Without this support
it would be very difficult for smaller companies to be competitive in
a global market.”

Canada’s food and beverage processing industry is the country’s
largest manufacturing industry, in terms of value of production and
employment, and is the largest manufacturing employer in rural areas
across Canada. Exports of processed food and beverage products
totalled $20.8 billion in 2010, and reached some 180 countries.

FBC is a non-profit industry association with a mandate to unite the
international marketing efforts of the food processing industry while
assisting companies in their efforts to become export ready and
export capable.

Today’s announcement is part of an $88-million investment provided
over four years through the AgriMarketing program under Growing
Forward, which helps industry implement long-term international
strategies including activities such as international market
development, industry-to-industry trade advocacy, and consumer
awareness and branding.

As a recipient of AgriMarketing funds, FBC will help brand Canadian
agricultural products around the world, building greater recognition
for the quality, safety advantages and environmental benefits of
Canadian products. Tools and promotional items are available to these
organizations as registered Canada Brand members to help develop
their marketing strategies and activities.

To find out more about the AgriMarketing Program or the Canada Brand
international strategy, visit:
www.agr.gc.ca/agrimarketing or

www.marquecanadabrand.agr.gc.ca .

Contacts:
Media Relations
Agriculture and Agri-Food Canada
Ottawa, Ontario
613-773-7972
1-866-345-7972

Meagan Murdoch
Director of Communications
The Office of the Honourable Gerry Ritz
613-773-1059

SOURCE: Agriculture and Agri-Food Canada

Copyright 2012 Marketwire, Inc., All rights reserved.

Create a custom date range

Posted by admin on February 1st, 2012

To make that work, Mr. Alonso wants to allocate existing state and city funding streams for school construction and renovation, plus some new ones MayorStephanie Rawlings-Blakeis proposing, to the new entity in the form of a block grant, which would be used to pay off the bonds over 30 years. At current rates, $1 million in annual funding could support about $15 million in borrowing. The school system estimates that it could raise as much as $1.1 billion in capital in the first phase of such an effort.

The politics

Where things get tricky is in the mayors plan to extend and increase in size Baltimores bottle tax, which was scheduled to expire at the end of this fiscal year, and dedicate the money to school construction.

The mayor has expressed support for the general idea of allocating school construction funds in the form of a block grant, but she has not specifically embraced the notion of using existing city and state capital funds themselves the product of general obligation bonds to leverage additional borrowing. City Hall and the schools remain in discussions over the logistics, advisability and legality of such a plan.

Meanwhile, Ms. Rawlings-Blake is pushing a bill to increase the bottle tax from 2 cents to 5 cents and to dedicate the resulting revenue, which she estimates at $10 million per year, to the school construction effort. Combined with the reallocation of some other funds, she believes that could support $300 million in borrowing.

Passing the bottle tax in the first place was politically difficult, and the beverage industry is gearing up for a fight to stop its extension. City Council President Bernard C. Jack Young, who abstained from a vote on the bottle tax two years ago but argued against it, has said this time that he will not stand in the way of a quick council vote on the matter. But the inclusion of the bottle tax as part of the plan may be a sticking point in Annapolis, where the beverage industry and liquor lobby wield significant influence.

Legislators shouldnt get hung up on the question of whether the mayor wants to use bottle tax proceeds as part of the plan. They should instead focus on the larger idea Mr. Alonso presented, of which the bottle tax makes up a relatively small part. (Without it, he estimates the city could still support a bond sale of nearly $1 billion.) They also need not tackle many of the other contentious proposals that advocates and some members of the General Assembly have suggested as a means to bring the overall scope of the project up to the $2.8 billion the ACLU has said is needed. Just because Georgia approved a similar program that involved asking voters to approve adding a penny to the local sales tax doesnt mean Maryland would inevitably head down that road.

All the city schools are asking the legislature to do is to commit to a minimal annual allocation for Baltimore school capital funds and to distribute them in the form of a block grant rather than through the normal process followed by the Interagency Committee on School Construction (IAC), which typically handles repair, renovation and construction projects on a case-by-case basis. That presents enough legal and regulatory hurdles of its own, but those obstacles are surmountable during this legislative session.

The logistics

Because the idea Mr. Alonso is proposing is new to Maryland, there is considerable uncertainty in Annapolis about how it would work and whether it would be possible under current law. Mr. Alonso contends that it is, but legislators and other state officials are not so sure. Among the unresolved questions are what impact such a plan would have on the states debt capacity and the extent to which the city or state would be an explicit or implicit guarantor of the bonds issued by the third-party entity managing the construction. Del. Keith Haynes, a Baltimore Democrat, on Friday introduced a bill to create the framework for such a plan, and hearings on that legislation will offer more opportunities to hash out those issues.

There are a number of regulatory questions that would also demand consideration. The state would need to maintain accountability so that its sure the money goes where its supposed to. It would need a way to monitor compliance with procurement regulations, minority business goals and prevailing-wage rules. Any new schools would also have to meet energy-efficiency standards.

And finally, if lawmakers do approve a program like the one Mr. Alonso described, they will need to ensure that the process of carrying out school construction and renovation remains transparent. Any third-party entity that handles such an important task should be held to the same standards of public monitoring as the government.

The timing

Thats a lot for the General Assembly to process, and frequently, big, complicated ideas like this one take more than one year to make their way through Annapolis. But there is good reason for the legislature to make a serious effort at enacting some version of Mr. Alonsos proposal this year. The school system will soon receive a more detailed analysis of its facility needs, and Mr. Alonso will use that in the months ahead as a guide for a comprehensive reevaluation of its buildings. Some schools will close; others will be consolidated. That provides the opportunity for a smart, forward-looking plan to efficiently and effectively modernize Baltimores schools. But if thats going to happen, we need to start now.

Rwanda: Crown Beverages Seeks Big Share of Local Beverage Market

Posted by admin on January 31st, 2012

Ugandas Crown Beverages, which manufactures Pepsi-Cola products, plans to increase its presence in Rwanda by launching operations in Burundi and DR Congo.

Rwandas soft beverage industry is dominated by Bralirwa, which is facing firm challenges to increase production and meet the countrys growing demand.

We are bringing out the greatest and tastiest flavours in Rwandas carbonated drinks industry, Aggie Asiimwe Konde, the head of marketing at the Kampala-based firm said in an interview.

Crown Beverages bottles brands such as Pepsi, Mirinda, 7UP, Evervess, Peak Mineral water and Mountain Dew.

Asiimwe said that Pepsi has started importing and distributing in Rwanda following the high demand for soft drinks.

We have tripled our capacity by putting up a new line, and we will be able to supply Rwanda market and also launch our distribution for Burundi and DRC, she added.

The plans come in the wake of a shortage of soft drinks, particularly Bralirwas Coca cola brands, which led to price increases in some parts of the country.

Experts say that Bralirwas annual output of 1.3 million hecta litres can no longer cater for the demand and therefore, the entry of Pepsi seen as a healthy competition and bridge the shortfall.

However, Freddy Nyangezi, Bralirwas Corporate Affairs Manager noted that the entrance would not affect their market share as the companys reputation of providing high quality brands is what drives the current large market share in both soft drinks and the beers.

This is not their first time to come into Rwandan market, what am confident at is that we offer high quality products and we give our customers that freedom to enjoy, he said.

Jeanine Niyonsaba, the General Manager at Bourbon coffee noted that the entrance of Pepsi will help service providers in the hospitality industry to provide choice to customers which in turns will increase their business incomes.

We even need more brands to come, because this will improve on service delivery of those industries and we also expect the price to go down if there is competition, she said.

Grace Mahoro of Take Five African Cuisine said that there is always a challenge of hoteliers convincing their customers to take one brand, when customers always think that you failed to buy other brands.

If there are many soft drinks, we can always have our choice, Uwase queen, a customer care attendant said.

During the survey conducted in supermarkets and mini shops, only Simba and Nakumatt supermarkets stocked Pepsis products while a number of Hotels in Remera, Kimironko had a little stock, while others were not aware of Pepsis entry into the Rwandan market.

Velvet Rope Customs Adds Safety and Convenience to the iPhone with DoorMetrics App

Posted by admin on January 31st, 2012

Age Verification and Customer Relationship Manager (CRM) application for iPhone or iPod Touch set to revolutionize the Nightclub and Food and Beverage industry.

Miami Beach, FL (PRWEB) January 25, 2012

Velvet Rope Customs, LLC announced today a major update to their iPhone application that allows users to check and verify the age of customers. DoorMetrics was created specifically for the Nightclub and Bar industry but also works great for any business that requires proof of age such as Casinos, Hotels, Boat and Car Rental, and Convenience stores.

We wanted to give Nightclub owners and their door staff the option to purchase a smaller and less expensive age verification system than what is currently on the market, says Chad Love, founder of Velvet Rope Customs. Witha wide range of businesses requiring their staff to check the age of its customers, we saw a need that goes far beyond the Nightclub industry. Eddie Velez from Boat Rental Miami knows this first hand as he was one of the first non-Food and Beverage businesses to use the DoorMetrics system. We use DoorMetrics to keep track of our customers who rent boats and jet skis from us. DoorMetrics not only helps us to recognize repeat customers but also is helping us organize our database of clients, said Velez.

A new hand-held tool for doormen, security guards, cashiers, bartenders or waitresses, DoorMetrics begins with one of two focuses: verify the age of customers while at the same time, collecting demographic data about them. Once a compatible device is connected to the iPhone, a user either scans the barcode on the back of a customers ID or slides it through the mag stripe reader. The age of the person is then clearly displayed on the screen with options for inputting information such as email address, phone number, status or any notes about the guest. This data can either be saved and exported in .CSV through the built in email app or deleted immediately depending on state laws where the app is being used. A wifi connection is only required to export the history file but is not required for general use of the app making it extremely portable and versatile.

We already had an ID scanner at our hotel to verify age, but we purchased and starting using DoorMetrics because it offered more ways to track our customers as we rely heavily on repeat business to build our brand. In a short period of time, DoorMetrics has helped us to build up our customer database and virtually pay back the initial investment for the system said Roy Kelin, Director of Operations for The One Group Miami. Since our business relies heavily on travelers, being able to communicate to them and invite them back is critical to growing our business. Using DoorMetrics to organize guest data helps us do this.

Key Features:

-Barcode and Magnetic stripe ID scanning

-Add a status to each scan (VIP, Big Spender, No Re-Entry, etc…)

-Notification of repeat entries

-Collect email address and phone # of your customers

-Add notes about customers (Did they spend a lot of money? What was their favorite champagne? Was it their anniversary?)

-Displays the number of males/females that have been scanned for real time demographic analysis

-Breakdown of all scans into age groups

-Recognizes expired IDs

-Date and Time stamp of all scans

DoorMetrics requires the use of one of the following compatible external devices: Linea Pro 4, ID Tech iMag, UniMag, and iMag Pro, which are all available for sale on the DoorMetrics website. The DoorMetrics app is available to download on the iPhone app store: itunes.apple.com/us/app/jojo-id/id441744173?mt=8. for $9.99.

About Velvet Rope Customs

Velvet Rope Customs, LLC is an app development and design company operating out of Miami Beach, Florida since 2010. Itfocuses on the creation and design of iPhone/iPad apps for the Food and Beverage as well as the Hospitality industries. VRC is led by founder Chad Love who has more than 17 years experience in the Nightclub and the Hotel industry. He has been a leader in Miamis famous South Beach entertainment district since 2001 and continues to this day.For more information, visit www.doormetrics.com or call (305) 222-7789.

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For the original version on PRWeb visit: www.prweb.com/releases/prweb2012/1/prweb9135420.htm

Sri Lanka’s F and B industry now fastest growing sector

Posted by admin on January 30th, 2012

The food and beverage industry in Sri Lanka has become a thriving sector in the economy propelled by the post war optimism and reaping maximum benefits from peace dividends since May 2009. Contribution to the Gross Domestic Product (GDP) by the food and beverages industry was recorded at 7.9 % of GDP by end of 3rd quarter 2011.

WHO debates industry’s role in child nutrition plan

Posted by admin on January 30th, 2012

The WHO is developing a comprehensive implementation plan on maternal, infant and young child nutrition, which it sees as “a critical component” of a global multi-sectoral nutrition framework.

The draft was debated at the EB 130th session and among the main issues was the level of private sector involvement and food marketing, according to the group Global Health Watch (GHW).

In a summary of the discussions relating to nutrition, GHW concluded that “major concerns remain on the role of the private sector and the need to keep such actions at a community level”.

It said that the Papua New Guinea delegate “deplored the use of private public partnerships to push interventions saying that market based goods tend to have higher concentration of unhealthy substances”.

Meanwhile Estonia, on behalf of the EU, highlighted the need to include private sector effort.

The People’s Health Movement also submitted comments to the EB about the draft, saying a “warning should be included about food and beverage industry involvement”.

It adds: “Corporate-sponsored nutrition education materials present an even more complex problem than straightforward advertising because they blur the boundaries between marketing and education.”

Targets

The WHO’s Maternal, Infant and Young Child Nutrition draft comprehensive implementation plan lists global targets, one of which is for “no increase in childhood overweight by 2022″.

Opportunity for U.S. Corrugated Market as Food & Beverage Shipments Continue …

Posted by admin on January 30th, 2012

BRUSSELS, Jan. 24, 2012 — /PRNewswire/ — The largest end-user segment of corrugated boxes in North America is the food and beverage industry, accounting for 51% of shipments in 2010.#xA0; These shipments to the food industry will continue to increase at an average annual rate of 2.4% from 2012 #x2013; 2016.#xA0; The expansions and contractions among 21 end-use markets for corrugated are published in a new study US Corrugated Box End-Use Markets: Analysis and Forecast through 2016, by RISI, the leading information provider for the global forest products industry.

(Photo:#xA0; http://photos.prnewswire.com/prnh/20120124/NE40793#xA0;)

(Logo:#xA0; http://photos.prnewswire.com/prnh/20080521/NEW122LOGO#xA0;)

Demand for corrugated boxes traditionally fluctuates with the growth of a wide range of consumer products industries#x2014;including both durable and non-durable manufactured goods. Thus trends in corrugated shipments can often be explained by general macroeconomic conditions such as changes in real GDP, consumer spending, international trade and industrial production, factors that affect manufactured goods markets.#xA0; Following economic trends from 2002-2011, corrugated box shipments declined at an average annual rate of 0.6%. However, in 2010 corrugated box shipments rebounded, reflecting the resilience of the broader US economy – increasing 3.6% over 2009 to reach 357 billion sq. ft. #x2013; valued at more than US$24 billion.#xA0;

Looking forward, the study finds that retail and packaging trends will play a significant role in determining shipment trends. #xA0;Opportunities for corrugated in the food and beverage segment will abound as Wal-Mart and other big box retailers remain committed to increasing stocking efficiency and the use of sustainable packaging materials such as corrugated packaging. Corrugated packaging is 100% recyclable, made from renewable resources and is cost-effective to transport and stock produce, meat and other food products.

Within the food beverage end-use category, the study finds that beverages, fresh fruit vegetables and dairy will see the largest future shipment growth:

This is opening up opportunities for mini-flute corrugated, explains Ken Waghorne, RISIs Vice President, Paper Packaging, potentially taking share from markets traditionally dominated by folding cartons.

US Corrugated Box End-Use Markets provides a detailed forecast through 2016 for consumer spending, trade, production and corrugated box shipments for 21 specific end-use industries in the categories: Food Beverage, Non-Durable (Non-Food), Durable Goods and Non-Manufacturing.

For more information visit www.risi.com/enduse

Notes to Editors:

1)#xA0;#xA0;#xA0; About RISI (www.risi.com)

Owned by UBM plc listed on the London Stock Exchange, RISI is the leading information provider for the global forest products industry. The company works with clients in the pulp and paper, wood products, timber, biomass, tissue, nonwovens, printing and publishing industries to help them make better decisions.

Headquartered in Boston, MA, RISI operates additional offices throughout North and South America, Europe and Asia.

2)#xA0;#xA0;#xA0; About UBM plc (www.ubm.com)UBM plc is a leading global company. We inform markets and bring the worlds buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries are organised into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently.

SOURCE RISI

CHD Expert Provides Beverage Industry Trends: Find Out What’s Hot in Foodservice

Posted by admin on January 29th, 2012

Independent and chain coffee shops are dominating new restaurant growth in North America. According to CHD Expert, strong customer loyalty and affordable convenience are just a few reasons the hot beverage industry is poised for continued growth in 2012.

Chicago, Illinois (PRWEB) January 11, 2012

The hot beverage market continues to grow, with over two-thirds of coffee consumption being out of home. Dont think that quick service restaurants havent noticed. QSRs have dramatically increased product offerings to include more hot beverages. McDonalds, for one, has increased their McCaf offerings helping them increase their same store sales for 55 consecutive months. Even convenience stores are upgrading their hot beverage selection to try to compete with the quick service options.

Specialty Hot Beverage Operators currently make up 5% of the consumer spends in the Limited Service Market. In terms of number of operators, independents (1 to 9 units) and large chains (501 + units) dominate the hot beverage market. The medium size coffee and tea companies (10 to 500 units) only account for 8% of the market, whereas independents constitute 53% of the industry.

The hot beverage market doesnt seem exciting on paper. After all, the chance a prisoner opts for a cup of coffee as a last meal over a juicy steak is pretty slim. However, a $14.4 billion market in a declining economy is simply something manufacturers cannot, and should not ignore. The hot beverage market is one of the few markets that have shown continued growth over the past 4 years. The global market for hot beverages (coffee and tea) is forecasted to reach $69.77 billion in value and 10.57 million tons in volume by the year 2015.

According to Cathy Kearns, General Manager at CHD Expert, We have seen independent and chain coffee shops continue to dominate new restaurant net growth in North America. The Hot Beverage market transactions have nearly tripled between 2000 and 2011 whereas the Limited Service Foodservice transactions have decreased by 7% during the same period.

Why is Hot Beverage market on the rise?

Future growth in worldwide coffee and tea industries is expected to rely on a few key factors – quality, health and convenience.

Widespread awareness of health benefits associated with hot tea continues to drive the beverage to new heights of popularity. Hot tea is one of the healthy beverages recommended by the American Journal of Clinical Nutrition. So go ahead and have that second helping of fries, just make sure to wash it down with a nice cup of hot tea.

Gourmet coffee continues to be a significant portion (37%) of total coffee consumed; indicating that consumers want to maintain coffee quality despite the economy. The constant demand for Coffee had helped it sustain extraordinary sales levels even in an uncertain economy. As the economy recovers, rising levels of affluence, consumer awareness and greater per capita consumption in developing economies, is slated to accelerate future growth. No matter the consumer age group, coffee consumption is on the rise:

40% of 18-24 year olds drink coffee daily, up from 31% in 2010

54% of 25-39 year olds drink coffee daily, up from 44% in 2010

An increase in consumption among younger drinkers demonstrates strong category loyalty, which suggests a solid customer base for future growth.

Whether it is a case for our cell phones, or the toppings on our pizza we want everything we have OUR way. Ordering coffee with two creams was a thing of the 90s, Ill take a tall half-skinny half-1 percent extra hot split quad shot latte with whip. Thanks.

CHD Expert is the worldwide leader in collecting, managing and analyzing data for the Away-from-Home Global Foodservice Market. For more than 10 years CHD Expert has been dedicated to support Foodservice channel members in providing a global vision and an in-depth understanding of the industry (in Europe, North America and Asia Pacific).

Our objective is to support our clients in their sales and marketing strategies by providing the most comprehensive and accurate foodservice census, housing market information for more than 4 million operators worldwide.

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For the original version on PRWeb visit: www.prweb.com/releases/prweb2012/1/prweb9095701.htm


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