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Coffee sales increase partially attributed to single serve coffee formats

According to “Coffee and Ready-to-Drink Coffee in the U.S.,” a just-released report from market research firm Packaged Facts, retail coffee sales reached $7.3 billion in 2011, increasing 17% in 2010. The study claims that the growth comes from four main factors that are driving up coffee prices: rising prices for “green” (raw) coffee beans, “premiumization” […]