KonaRed Corp., Koloa, Hawaii, the manufacturer of premium Hawaiian Cold Brew and Whole Bean Coffee, announced that its comparative revenue grew by 132 percent from $174,000 in Q3 2015 to $404,000 for the three-month period ending Sept. 30. Revenue for the comparative nine-month period grew by 34 percent from $587,000 to $789,000, the company says.
Now that fall is here, it’s getting cooler outside, and I have been enjoying a wide variety of hot beverages, including apple cider, hot chocolate, coffee and tea. Yet, coffee remains my go-to drink, and it seems like I’m not alone in my quest for finding the perfect cup of java.
When Greg Steltenpohl founded Los Angeles-based Califia Farms LLC in 2010, producing nitrogen-infused and cold-brew coffees was not yet on his radar. Best known for its premium plant-based almond milks that are packaged in iconic hourglass-shaped carafes, Califia Farms’ portfolio has grown to include more than 60 SKUs, including a variety of almond milks, coffee creamers as well as a line of specialty citrus juices. Yet, its ready-to-drink (RTD) cold-brew coffees and coffee concentrates have provided extensive reach into the coffee category.
During a first-time visit to St. Louis in late August, my family and I had the opportunity to sample many beverages. We tried Bitt’s Cold Press, a cold-brew coffee that is brewed and bottled at St. Louis-based Arthouse Coffees, cooled off at an old-fashioned soda shop, and attended “beer school.”
Shamrock Farms, a brand of Phoenix--based Shamrock Foods Co., announced that it is introducing Cold Brew Coffee and Milk this fall, which combines 100-percent Colombian coffee with fresh Shamrock Farms milk that contains no added hormones.
Americans continue to show their affinity for coffee; but when they opt for this beverage, they are taking a more premium stance. “The coffee production industry exhibited growth over the past five years, propelled by an increasing number of consumers purchasing high-cost gourmet coffee,” IBISWorld states in its report “Coffee Production in the US,” which was released in January.
When Culture Club released its 1983 single “Karma Chameleon,” the song instantly became a global sensation. Although not yet on the global scale, Austin, Texas-based Chameleon Cold-Brew with its array of refrigerated ready-to-drink (RTD) cold brew and coffee concentrates has become a “hit” in the beverage market.