Coffee retailers are capitalizing on Millennials’ cold brew obsession. Cold brew—coffee made through a more complex “extraction method to get more nuanced bean flavors that lack the typical acidity and bitterness of a regular cup of Joe”— has trended thanks to young consumers’ love for iced coffee and authenticity. Sales have increased by 115% from 2014-2015, resulting in $7.9 million in revenue, and brands have taken notice. Dunkin Donuts’s play for “Starbucks-loving Millennials” includes adding cold brew coffee to locations nationwide. (Barkley, CNBC)
