Remove 2030 Remove Pricing Remove Sustainability Remove Technology
article thumbnail

MRM Research Roundup: Super Bowl and Valentine’s Day 2024 Edition

Modern Restaurant Management

Nearly all restaurateurs (98 percent) believe AI will solve some of their staffing challenges, particularly around food prep and delivery management (42 percent), voice ordering technology (41 percent), predictive ordering and inventory management (39 percent), and food prep robots (38 percent). Billion by 2030, growing at a CAGR of 11.54

2024 189
article thumbnail

Coffee News Recap, 9 Sep: US coffee shop sales to grow by 10.5% in 2022, August robusta prices increase by 9.2% & other stories

Perfect Daily Grind

Robusta prices increase by 9.2% The International Coffee Organisation’s August report states that falling global arabica stocks have pushed robusta prices to increase. Probat plans to become carbon neutral by 2030. billion) energy price support package, but is only providing businesses with six months’ cover.

2022 133
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Coffee News Recap, 30 Sep: SCA announces 2022 WBC and WBrC winners at MICE, new study links daily coffee consumption with increased longevity & other stories

Perfect Daily Grind

Nestlé Professional to host Nescafé Plan 2030 webinar on 5 October 2022. The company says it will use funds to further develop its artificial intelligence technology and expand its presence in new locations. Coffee Planet partners with The Waste Lab to implement sustainable waste solutions. Here are this week’s stories.

2022 135
article thumbnail

Coffee News Recap, 20 May: Brazil’s coffee exports hit four-year low, PRF Colombia awards scholarships & other stories

Perfect Daily Grind

Bellwether Coffee releases 2021 sustainability report. Global ready-to-drink coffee and tea market to be worth over US $167 billion by 2030. A customer at the Florence location called the police after claiming that the price was not displayed on the menu. In Italy, the average price for an espresso is €1 (US $1.05).

2022 129
article thumbnail

Coffee News Recap, 26 May: Robusta futures reach 15-year high, Canada & Denmark announce National Coffee Championship winners & other stories

Perfect Daily Grind

SCA launches survey for its Sustainable Coffee Agenda. Robusta futures closed at US $2,629 on Monday – the highest price since 2008. The new Poursteady includes an integrated boiler, precision temperature control, and on-machine recipe creation and calibration technology. Meanwhile, ICE arabica futures fell to US 189.20

2023 112
article thumbnail

Seven Restaurant Trends That Will Define 2022

Modern Restaurant Management

This instability will push operators to trim costs by shortening menus and investing in labor-saving technology to free up cash for wage increases. Restaurants will also explore delivery options beyond costly third-party partnerships, and hike delivery menu prices to make the channel more lucrative as off-premise demand holds steady.

2022 216
article thumbnail

Foodservice ESG Investments: Investing with Passion and Purpose

Aaron Allen & Associates

Companies with a good ESG score (based on criteria for items such as community involvement and sustainability) can be better investments than those that ignore these factors. Clear examples are pursuing opportunities in clean technology, sustainable agriculture, or financing services for disadvantaged populations.