Latest Happenings At The Esus Group Plus News You Can Use
At ESUS we always have something new in the works. From new products designed to boost your business success, to markets we are newly entering, to news and resources to help you plan for sustained or even greater growth. We hope that the information found here gives you ideas that you can employ in your businesses. Here are some of the things we hope you will find interesting:
FOOD TRENDS FOR 2024
Customers in 2024 will be looking for authenticity, new spices, and global flavors, according to Angela Haupt of TIME Magazine.
While Angela’s article focuses in the USA market, these trends will likely be seen in many other markets in this coming, as well as in other markets in the near future. So, why not get ahead of the curve and start looking to import new products which fit this growing trend before your competition.
You can read about all Angela discovered by talking with experts in the food industry by clicking on the button, below.
HOT SAUCE CONSUMER TRENDS 2024
BY FRED THEOBALD, 12/05/2019
HOT SAUCES HAVE BEEN AROUND SINCE TIME IMMEMORIAL AND NOW, SEVERAL REPORTS AND ARTICLES FROM FOOD WRITERS SUGGESTS THE GLOBAL HOT SAUCE SALES GROWTH WILL EXPAND FROM OVER $5.0 BILLION TO OVER $7.0 BILLION BETWEEN NOW AND 2030.
The Esus Group has offered hot sauces from several manufacturers for years, including one of the top three selling brands around the world. Two of the leading brands are offered by major international food companies which sell products through exclusive distributors, making it difficult for other importers and distributors to provide the products to their customers at competitive pricing.
ESUS has access to one of the leading brands, as mentioned above, as well as several interesting brands from many smaller up and coming manufacturers to our customers.
While the milder forms of hot sauces are still the leading sellers, customers in the commercial and retail segments are seeing that hotter and hotter types of products are showing substantial growth.
Click on the Button, below, to read more.
The Global Coffee Industry
According to Business Insider, coffee is the second most sought-after commodity in the entire world, with an industry that is worth over $100 billion across the globe.
One of the world’s favorite beverages and a major source of caffeine for many students and employees, coffee continues to be an integral factor in society’s daily routine. According to Business Insider, coffee is the second most sought-after commodity in the entire world, with an industry that is worth over $100 billion across the globe. In terms of exporting alone, the industry is valued at $20 billion and continues to be on the rise—on average, 500 billion cups of coffee are consumed on Earth every year.
demand for peanut butter, along with the depressed peanut inventory continues to drive prices higher.
a depressed peanut inventory, along with a worldwide increased demand for peanut butter, plus increased aflatoxin levels drives peanut butter pricing higher, especially for eu products.
The worldwide peanut crop has taken a beating over the past few years, from the reduced production in China, along with an increased demand in that market, has put pressure on the inventory in the USA and Argentina.
Adverse weather in Argentina during the harvest period reduced availability of product from that market, while drought conditions in the USA hurt its inventory.
The result of the negative crop production in those three markets, along with the increased demand for peanut butter and peanut oil, is driving prices higher for all markets.
The EU is feeling the impact on peanut butter pricing because of the smaller inventory, plus because of its required limitations on the level of Aflatoxin allowed in the product.
Click on the Button, below, to read more about the crop situation and how that is driving prices upwards,
To read more about Aflatoxin and what it is, click on the Button below.