Can independent coffee continue to survive?
Continued pressure in the coffee industry could be influencing a rise in market consolidation. Image: Stephane Debove/stock.adobe.com.Will the continued pressure of high green-bean prices result in further consolidation in the coffee industry, or will Australia and New Zealand’s independent spirit persevere? Acquisitions are nothing new in the international coffee industry. From Coca-Cola’s purchase of United Kingdom café chain Costa Coffee for AU$7.58 billion in 2019 to Nestlé’s acquisition of Blue Bottle
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