China is the current market leader in the purchasing of professional coffee machines in Asia and its coffee houses are expanding rapidly. Read more.
A poll by Reuters on 11 traders and analysts showed a price increase across the board with arabica and robusta both experiencing harvest related problems. Weather conditions have affected coffee producers in many countries. Fortune reports the El Niño have affected
On Wednesday 13th July, Starbucks Corporation announced a financial investment and global licensing deal with Princi, the renowned Italian boutique bakery and café. Starbucks, Milan-based Angel Lab and Pekepan Investments, will focus on expanding the number of standalone Princi locations
French consortium Groupe SEB has recently announced the signature of an agreement with KKR. According to this agreement, Groupe SEB acquires WMF, a German group producing coffee machines and cookware. Thus the company has affiliated another old and famous brand
Looking at per capita coffee consumption, five to six cups per person per year, in a so highly populated nation like China, seems to promise for future growth as there has been a double digit rise in coffee production and consumption in the past few years.
Extracted from the monthly export and import data of the last 20 years, ICO estimated that for past ten years, every year there has been an average of 16% coffee consumption growth. [Sign in to continue]