OCTOBER 20236EDITORIALOCTOBER - 15 - 2023, Vol - 03, Issue - 20 ISSN 2836-1989Published by ValleyMedia, Inc. Editorial StaffAva GarciaDavies MedowsJohnson Heller Joshua Parkersales@foodbusinessreview.comeditor@foodbusinessreview.commarketing@foodbusinessreview.comEmailVisualizerAsher BlakeManaging EditorFood Business Review Visit www.foodbusinessreview.comCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.TO SUBSCRIBE TOVian IsaacStanley MartinStanley MartinManaging Editoreditor@ foodbusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsDriving Innovation and Growth in Tea and Coffee The coffee and tea sector holds immense significance in business, offering substantial marketing opportunities. Coffee and tea have become more than just beverages, representing a sustainable and socially responsible approach to business. Businesses that commit to sustainability initiatives benefit the environment and garner favor from investors and potential customers. They find themselves at an advantage in their supply chain, enhancing their reputation and market position. From the origin of the beans or leaves to the responsible disposal of used biomass, every stage of coffee and tea production has significant social and environmental impacts. As consumers become increasingly aware of these effects, businesses must adopt credible sustainability strategies. These strategies encompass visible consumer-facing changes and innovative interventions throughout the supply chain.The global coffee and tea market is projected for substantial growth at 4.7% from 2026, reaching $171,510.9 million by 2031. This expansive market encompasses various segments, including ready-to-serve products, instant, and brewed ingredients, and dedicated shops exclusively or partially focused on coffee and tea offerings. Ready-to-drink teas are gaining a significant market share, positioning themselves as healthier alternatives to sugary sodas. While black and green teas remain perennial favorites, companies are venturing into proprietary blend bottling to diversify offerings. Technology plays a pivotal role, with mechanical harvesters aiding in efficiently collecting ripe cherries. Drones have emerged as invaluable tools for coffee farmers, particularly in remote and challenging terrains. Drones provide farmers with essential data and mapping capabilities that might otherwise be inaccessible, contributing to improved coffee cultivation practices.This Food Business Review edition brings readers the key developments in the coffee and tea sector through thought leadership articles from Tanja Dinic, Director of Internal Audit for Food Safety, Fortenova grupa, and Dorothea Hescock, Sr. Manager of Corporate Quality & Food Safety at Massimo Zanetti Beverage USA.Tanja Dinic highlights the importance of food safety and accomplishing this in manufacturing. Food safety culture is established by management's attitudes and actions, impacting the entire food chain. Dorothea Hescock talks about staying informed about upcoming food regulations, particularly those enforced by the government (FSMA). Aligning with emerging regulations is essential to preventing last-minute costs and loss of resources.This edition also features Akamai Coffee Co., a company that is dedicated to its commitment in delivering the finest coffee and shaping the local coffee culture.In this edition featuring the top Coffee and Tea Companies in 2023, we hope you find the appropriate company suited to your business requirements.Let us know your thoughts.
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