FDBusiness.com

Brazilian Coffee Market Full of Beans – As Coffee Culture Grows International Prices Set to Rise

 Breaking News
  • Nestlé Inaugurates New Nescafé Dolce Gusto Production in Vietnam Nestlé has inaugurated a new Nescafé Dolce Gusto capsule production line in Dong Nai Province, Vietnam. The site will process an expected 2,500 tons of coffee per year (equivalent to 130 million capsules), using high quality coffee beans from Vietnam. This volume is expected to increase in the coming years. The investment reflects Nestlé’s clear focus on high-growth, [...]...
  • Pink Lemonade Yogurt? Arla Brings Indulgence to New Markets Arla Foods is to expand its successful Finnish brand, Ihana, into new markets with the premium yogurt range being launched in Denmark and the UK. Meaning ‘wonderful’ in Finnish, Ihana was launched through an extensive brand launch in 2016 in Finland with an iconic new design. Indulgence is one of the few areas in growth within [...]...
  • Process Components Announces Kemutec Expansion into Netherlands Process Components has announced the expansion of subsidiary company Kemutec in Europe, with the long-established manufacturing brand opening a new office in the Netherlands. The move forms a key part of its global strategy to extend its global territories, significantly grow its revenues and create new jobs. Kemutec has more than three decades’ worth of heritage in [...]...
  • Packaging Automation Supports the Reduction in Plastic Packaging Waste With the launch of the UK Plastics Pact to address the impact plastic waste is having on the environment, retailers and manufacturers are more conscious of single use and non-recyclable plastics and want to cater for the green consumer. The industry is turning to various kinds of eco-friendly packaging with the aim of reducing plastic [...]...
  • Glanbia Cheese Joint Venture to Build New €130 Million Mozzarella Cheese Facility Glanbia Cheese, the joint venture business between Glanbia plc and Leprino Foods, plans to build a new, world-class mozzarella cheese manufacturing facility in Portlaoise, County Laois, Ireland. A site for the new facility has been identified at the recently established Togher National Industrial Estate in Portlaoise. A total of €130 million will be invested in [...]...

Brazilian Coffee Market Full of Beans – As Coffee Culture Grows International Prices Set to Rise

Brazilian Coffee Market Full of Beans – As Coffee Culture Grows International Prices Set to Rise
July 25
10:32 2013

As the leading coffee export market in the world, Brazil is no stranger to high quality coffee beans – but to date has sent its best beans overseas for international enjoyment. However, new research from Mintel reveals that things might be set to change as Brazilians gain a taste for premium coffee, with a quarter (25%) of Brazilian coffee users now claiming they prefer premium over regular brands of coffee.

And it seems social strata is also no barrier for a taste of the more extravagant, as while 29% of A/B consumers say they prefer premium, so too do 23% in classes C1/C2 and D/E. Today, five in six (84%) Brazilian consumers report drinking coffee, with three in five (60%) drinking coffee daily, which combined with the large population, makes Brazil the second largest market for coffee in the world (with a Mintel estimated consumption of 1,230,000 tonnes of coffee in 2012) coming only behind the US (the largest coffee market with a Mintel estimated consumption of 1,454,000 tonnes in the same year).

However, market volume for coffee inBrazilis growing faster than that of the US year on year – and highlighting its importance, is set to take the number one spot for consumption from the US in the next few years. While the Brazilian coffee market posted 3.9% growth in 2012 against 5.4% in the US, Mintel estimates both countries to reach an equal estimated growth of 4.4% in 2016. While Brazilians have one of the highest per capita volume consumption rates in the world (6.31kg per head compared to 4.62kg per head in the US and 2.77kg in the UK in 2012) Mintel’s research highlights that they actually spend very little on coffee (US$18.173 per head in Brazil compared to US$30.79 in the US in 2012) indicating coffee has, to date, been seen as a cheap commodity – something Mintel anticipates changing.

Jonny Forsyth, global drinks analyst at Mintel, explains: “As Brazilians get more demanding about their coffee, the country’s better quality Arabica beans will increasingly be used to service its burgeoning domestic market, rather than merely sent overseas. The global supply of the best quality Arabica beans is hugely dependent onBrazil, and by reducing supply at a time of huge – and still rising global demand – this could force a sharp rise in global coffee bean prices down the line.”

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 15, 2018iba
  • September 25, 2018PPMA Show 2018
  • September 27, 2018Int'l Fruit Show (eurofruit)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements