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The losses keep stacking up for the U.S. wine industry. Wine sales in the U.S. last year tumbled approximately 6% from 2023, according to data from the industry data group SipSource. The drop is ...
Ultimate Beverage Challenge was founded in 2009 by F. Paul Pacult, David Talbot, and Sue Woodley. [3] It was first held in 2010, and it has been held on an annual basis since then. [4] It is based in New York, United States. [5] [6] In 2012, Financial Times called Ultimate Wine Challenge a "highly selective" challenge. [7]
Taco Bell is branching out into beverages. Last month, the Tex Mex-inspired chain opened a new drink-focused spinoff restaurant called Live Más Café, as first reported by Nation’s Restaurant ...
Most coffee wars for consumer market share involve the largest coffeehouse, Starbucks, pictured here reflecting a sign for Tim Hortons in New Westminster, Canada.. Coffee wars, sometimes referred to as caffeine wars, involve a variety of sales and marketing tactics by coffeehouse chains and espresso machine manufacturers to increase brand and consumer market share.
The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
[89] [90] An estimated 99% of companies in the industry are family-owned small businesses with fewer than 50 employees. [3] The industry as a whole as of February 2020 employed more than 15 million people, representing 10% of the workforce directly. [89] It is the nation's second largest private employer and the third largest employer overall.
Coca-Cola Co. partially funded the pro-industry advocacy group International Life Sciences Institute (ILSI) for many years prior to ending their support for the organization in 2021. [9] ILSI was founded by a former Coca-Cola Co. executive in 1978, and has employed a number of former high level Coca-Cola Co. employees. [ 10 ]
The global dried apricot market is witnessing significant growth, fueled by rising consumer demand for healthy snacks, expanding applications in the food and beverage industry, and the increasing preference for natural and organic products. Key Takeaways: The dried apricot market is projected to achieve a CAGR of 6.4% during 2025-2035.