Global Coffee Bean Category - Procurement Market Intelligence Report
About Coffee Bean
The strong presence of coffee shop chains in developed and developing nations such as the US, Japan, China, and India has triggered increased coffee consumption among young population and the working class. This has triggered the growth of the coffee bean market.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Coffee Bean Market. Its helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Coffee Bean Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
SpendEdge Announces the Publication of its Procurement Research Report – Global Coffee Bean Category - Procurement Market Intelligence Report
SpendEdge recognizes the following companies as the key suppliers in the Global Coffee Bean Market:
Commenting on the report, an analyst from SpendEdge said: “Buyers to formulate proper buying guidelines for ethical sourcing of coffee beans both socially and environmentally. Suppliers must provide evidence of payments made by buyers throughout the coffee beans supply chain to determine how much of the price paid by the buyers reach the farmer.”
According to the report, the multiple uses of coffee bean enable its procurement by buyers belonging to varied industries, consequently driving the market growth rapidly. Coffee beans have a high content of caffeine, which is provided in prescriptions for medications during fatigue or drowsiness.
Further, the report states that one of the challenges faced by buyers is the difficulty in monitoring sustainable farming practices. Suppliers claim the sourcing of coffee beans from coffee growers that follow modern farming practices.
Nestle,Kraft Heinz,J.M. Smucker ,Olam ,Louis Dreyfus
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