Statistics Show Growth Of Micro Markets, Vending And Office Coffee Services | OREO Will Be Releasing Red, White, and Blue, Team USA Cookies | Angelic Bakehouse Releases New Sweet and Savory Crisps

Vending Product News March 9th, 2020 issue brings our readers the latest up-to-date articles by leading industry experts about product trends – what are the fastest growing product segments today and what products will deliver the best sales for refreshment service operators .

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Statistics Show Growth Of Micro Markets, Vending And Office Coffee Services

By Karen Scott, Publisher

More consumers than ever before, across every generation, are utilizing vending machines and micro markets for their snacks, candy, confections, and meal needs, according to recent statistics from Mondelēz International, Inc .

If you own a vending machine route or micro market, you know that understanding your customers is one of the major keys to success of your business.

With the right data at your fingertips, you will also know which display formats you should choose and you will also be able to more easily drive purchases because real data helps you to “understand” your customers.

$22 Billion Revenue from Micro Markets and Office Coffee Services

Micro markets and office coffee services are on the rise. As of 2017, coffee services and micro markets as a whole brought in $22 billion dollars in revenue, or a 33% increase in the micro market and vending business since 2016-2017. This is exciting news and something that was to be expected because in our changing world more people eat or enjoy their coffee on-the-go than ever before.

As of 2020, the micro market industry is projected to bring in at least $7 billion in revenue. This is an impressive 99.2% growth from 2012-2013.

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Coca-Cola Now Selling Cherry Vanilla Coke in Both Bottles and Cans

Coca-Cola announced recently that they are now producing Cherry-Vanilla Coke in both bottles and cans.

The beverage company made the decision to release this version of Coke to the public because they realized that it’s the combination that most consumers mix when they visit a soda fountain, so it made sense to give consumers what they really wanted.

Coca-Cola Continues Innovating In 2020

2020 is shaping up to be a big year for Coca-Cola as they recently released Coke Energy, their latest foray into the energy drink market in the United States.

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OREO Will Be Releasing Red, White, and Blue, Team USA Cookies

With the 2020 Olympics now only months away, OREO Cookies announced that they will be releasing a special red, white and blue cookie just in time for the 2020 Olympics in July.

Since the company will be sponsoring Team USA, this move makes perfect sense because most consumers will naturally gravitate towards purchasing patriotic products during the Olympics, and OREO cookies are one of the favorites “comfort foods” of choice for the average consumer.

Oreo Going “All In” Promoting The 2020 Olympics

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Angelic Bakehouse Releases New Sweet and Savory Crisps

Angelic Bakehouse a nnounced recently that they are releasing a new sweet and savory 7 Sprouted Whole Grains Crisps line which will come in a variety of flavors including pickled sweet onion and beet, fig & tarragon vinaigrette, blueberry and zesty lemon, and harissa green chile and sweet potato.

Now is the perfect time for more healthy chips and crisps to come to the market because the healthy snack and chips market grew by more than $9 billion dollars in 2018 and it’s projected to grow by 4.5% through 2026. (Source – Grandview Research)

A Different Type of Snack Cracker

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