Finlays, an independent B2B supplier of tea, coffee and botanicals, has unveiled plans to fire up the UK cold brew coffee market with a multi-million-pound facility in the north of England.
The coffee extraction plant is set to begin producing cold brew coffee for branded and own-label suppliers to the UK and European grocery and hospitality sectors in 2022.
The site is located next to Finlays Europe’s tea decaffeination facility in Hull and will allow Finlays to supply bulk concentrate, RTD cans and bag in box through ambient and refrigerated supply chain networks. Packaging formats will be flexible to suit a variety of customer needs while also maintaining Finlays’ commitment to sustainable sourcing.
The UK market for cold brew coffee is booming, with annual sales hitting £56m in 2020. The growth of the UK and Europe market is now set to mirror the cold brew boom that has transformed the US coffee market, where annual cold brew sales are now worth a staggering £917m and counting.
Finlays Europe’s new facility in Hull will produce pure cold brew coffee from beans freshly roasted at its roastery in nearby Pontefract, West Yorkshire.