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 and beverage trends ARE something THAT IMPORTERS, WHOLESALERS AND DISTRIBUTORS SHOULD CLOSELY WATCH SO THEY DO NOT GET CAUGHT trailing COMPETITORS
Over the past few years we have seen plant based foods, foods infused with CBD (now that it is becoming legal in more countries), healthier drinks, and foods that generally provide more for healthy lives are all foods that should be watched in the marketplace to see how they may be expanding.
The pandemic throughout 2020 that is continuing to cause turmoil around the globe in 2021 has changed the way people obtain their food, changed what they eat, and, in general, changed buying habits.
Fewer people are going to restaurants. Some are doing more cooking from home, which changes what they may have purchased from food outlets in the past. Some are using food home delivery, which has changed what restaurants, hotels, and other institutions are purchasing. All of this changes what your customers may need and want over the remainder of 2021.
We are seeing more of our customers ordering
- healthy snacks such as microwave popcorn
- simple luncheon foods like peanut butter
- healthier low calorie alcohol drinks such as hard seltzer
- nut products that are for snacking or for use in food manufacturing
- dry mixes (browning, cake and cookie mixes) that are used for home baking
We have also seen an increase in regular alcoholic beverages, including branded and private labeled wine, and craft beers. The wines are being ordered for the retail market as much or more than for the HRI market.
The craft beers are, in most cases, more expensive than the internationally known brands but we are seeing that consumers are looking for new tastes in these products, and are willing to pay for the change.
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.
Can Chocolate replace blood thinners? Probably not, but it could be beneficial.
“Chocolate tied to decreased risk of irregular heart rhythm”
Eating a small amount of chocolate every week or so may decrease the risk of a common and serious type of irregular heart rhythm, according to a new study of people in Denmark.
People who ate chocolate one to three times per month were about 10 percent less likely to be diagnosed with atrial fibrillation than those who ate the sweet treat less than once a month, researchers found.
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