Market analyses and reports on the coffee and coffee machine markets
Buying a high quality coffee machine represents a costly investment. By purchasing the equipment you spend the money instantly. Especially smaller businesses can get tied up by such a purchase. If you are not in the position of buying the equipment outright you should consider other options – coffee machine rental or leasing. Benefits of coffee machine rental Lower costs in
According to a news reports by VietnamNet, during the launching of activities to celebrate the Vietnam Coffee Day on December 10, 2016, the Vietnam Coffee and Cocoa Association, VCCA Chairman, Luong Van Ti said the industry is improving its competitiveness by restructuring itself. To meet the target of $5-6 billion for coffee exports by 2030, the industry is planning to
Production Increase According to statistics from the Colombian Coffee Growers Federation, FNC, Colombia has produced 14 million 60kg bags in the last 12 months, reports Global Coffee Report. This compared to the previous year’s 13.6 million bags during the same period shows a 3% increase. Production from January-October had reached 11.3 million 60kg bags compared to 11.4 million bags within
A farmers’ group in Uganda has called on the government to pass a law to protect the country’s coffee quality (Bloomberg). If such a law is passed, it will provide for crop management methods and those who mismanage their output and produce low quality will be punished, Gerald Ssendaula, the chairman of National Union of Coffee Agribusiness & Farm Enterprises
Some very old coffee beans that have been stockpiled, when the market plunged in 2013, are coming out now. The old stored beans reportedly belong to Arabica variety. Since Arabica is valued higher than the Robusta coffee beans due to its quality, the drop in prices since the stock is so old stored, have attracted large number of buyers who
Forecasts show heavy rains in Vietnam will continue to hit it’s biggest growing region in the days ahead, reports Reuters. The heavy rains will further disrupt the 2019/2017 crop harvest, said a report by the government. Vietnam is the world’s highest producer of robusta. Worries about supply has increased as this years harvests have been hampered by rains and the
Cofix Group Ltd has expanded its coffee chain in Moscow, Bloomberg reports. The Israel low-cost coffee chain has a reduced price on its cappuccino brand compared to Starbucks Corp’s price in order to lure in Russian coffee consumers. Created in 2013, the Tel Aviv-based company has 152 shops in Israel. Russia is its first expansion market out of Israel and
Dunkin’ Donuts has decided to add a new cold brew on its menu ( boston.com, businessinsider and fortune ). The chain is partnering with Coca-Cola for its first attempt to launch a new product in ready-to-drink coffee market in the US. The official launch is expected early in 2017. Manufactured, distributed and sold by Coca-Cola, Dunkin’ Donuts’ iced coffee will be made available
Consumer demand for single-serve coffee products continues to grow and smaller roasters are looking for a way to enter the market, stir-tea-coffee.com reports. An Italian packaging solutions provider has introduced the GIMA 590 rotary capsule filling and sealing machine. The Italian IMA, founded in 1961, is a world leader in the design and manufacturing of automatic machines specializing in the tea, coffee,
Nestlé, the Swiss food and beverage giant, has recently seen a growth in sales during the first half of 2016. According to the report, they recorded a total sales of CHF 43.2 billion with 3.5% organic growth. The real internal growth is set at 2.8%. Nestlé’s Coffee-mate maintains its growth in North America due to its new packaging and flavor