Market analyses and reports on the coffee and coffee machine markets
According to a report by Daily Coffee News, 7-Eleven is for the first time introducing a sustainability certified coffee. According to the news report, the company announced the release of Rainforest Alliance certified coffee that is grown by farmers in Matagalpa, a region in Nicaragua. This comes after 7-Eleven announced in July that it was working to set measurable corporate social responsibility
Starbucks, through its One Tree for Every Bag Commitment has raised funds to plant at least 22 million rust-resistant coffee trees beating its planned objective of 20 million trees by the end of 2016. Launched in September 2015, the aim is out to help assure the supply of coffee for a long term period and also the economic future of
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
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
Olam International Limited has taken over the UK East African-focused coffee company Schluter S.A for an approximate $7.5 million, reports Daily Coffee News. While announcing the takeover, Olam International Limited, which is the parent company of Olam Coffee notes that it has a new European specialty arm by acquiring Schluter. In the same announcement, they noted that Schluter has been
Bloomberg Philanthropies announced a $10 million grant to the Relationship Coffee Institute. This announcement came at its US-Africa Business Forum that took place on September 21, 2016. According to the report by Daily Coffee News, the grant will help in the improvement of the lives of women coffee farmers in the DR Congo and Rwanda. This will be done through
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