World - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
Warwick Ice Cream Co. and Autocrat Come Up with Brand-new Ice Cream
The Warwick Ice Cream Company and Autocrat LLC, a leading U.S. supplier of coffee and tea extracts with over 100 years of experience, combined their areas of expertise to produce a delicious coffee milk ice cream. The companies spent a year experimenting with textures and flavors to create the final product. Now, "Rhode Island Love Story", as it is called, is about to make a splash on the U.S. market. This ice cream includes milk, cream, organic sugar and natural coffee extract produced by Autocrat.
Warwick, based in Rhode Island, is a unique ice cream company in that it still creates proprietary mixes from scratch using raw organics. As a family-run business, the company has, over the years, displayed loyalty to their devoted fan base, consistently tailoring their products to their customers' needs.
Autocrat produces organic coffee extracts for flavoring ice cream, cappuccino, chocolate and other types of products. With over a century of tradition, the company operates both on the domestic and the global markets.
Autocrat's coffee extracts are produced in a fairly expensive extraction system, which significantly adds volume capacity, providing Autocrat with the necessary edge to maintain its leading position. The product range offered by Autocrat varies from Italian coffee to Colombian and Brazilian coffee and extracts.
Since Brazil accounts for about a third of all coffee produced worldwide, it is no wonder that Autocrat provides a vast selection of Brazilian coffee and extracts. Despite a dip in exports in 2014, Brazil is still one of the leaders in the global trade of coffee extracts, essences and concentrates. In 2014, Brazil exported 83 thousand tonnes of coffee extracts, essences and concentrates totaling 609 million USD, 10% under the previous year. Its primary trading partner was the U.S., where it supplied 0.9% of its total coffee extracts, accounting for 0.5% of the U.S.'s total imports.
From 2007 to 2014, Brazil was a net exporter of coffee extracts, essences and concentrates. Over this period, exports consistently exceeded imports in value terms. In physical terms this difference was more pronounced, though in recent years this gap has been closing.
Germany and Malaysia were among the other main global suppliers of coffee extracts, essences and concentrates in 2014. Malaysia +21% per year) was also the fastest growing exporter from 2007 to 2014. Malaysia, by virtue of this sustained growth, was able to strengthen its position in the global export structure.
Brazil's top 5 trading partners in 2014 were the U.S., Argentina, Japan, Italy and Uruguay, with a combined 76% share of Brazil's exports of coffee extracts, essences and concentrates. The share of Japan increased (+4 percentage points), while the share of the U.S. dropped dramatically (-22% percentage points).
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global coffee extract market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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