Welcome to the 5th episode of a five-part series on The Daily Coffee Pro by the Map It Forward Podcast, hosted by Lee Safar.
Our guest in this series is Anne Djerai, the CEO of Metropolis Coffee Company, based in Chicago. Anne was invited to the podcast after a recent LinkedIn post describing the impact of market volatility on a company like Metropolis Coffee Company which has been around for 20+ years.
In this insightful episode of The Daily Coffee Pro by Map It Forward, Lee and Anne discuss the future landscape of the coffee industry with a focus on rising costs, specifically the increasing price of green coffee, projected to hit $5 per pound.
The conversation delves into the challenges this poses for coffee businesses, including potential closures, acquisitions, and the necessity for financial strategies to cope with increased overhead.
Predictions on market consolidation, the impact on small to medium-sized roasters, and the evolving role of private equity in the industry are examined.
The episode ends on a note of optimism and resilience, encouraging coffee professionals to adapt, learn, and prepare for a challenging but promising future.
Read More