Market analyses and reports on the coffee and coffee machine markets
Starbucks is planning to launch in Milan, Italy late next year announces CEO Howard Schultz as reported by Fortune.com. Instead of a traditional café, Starbucks plans to come to Italy with their super-premium Reserve Roastery. Location selected is post office building on Piazza Cordusio says Fortune.com. Even though the well renowned Starbucks CEO is about to step down from his
The UK was in shock momentarily when Theresa May, the British Conservative Prime Minister, announced a snap general election to take place on June 8th this year. For the last six months she had categorically ruled out another election, but she changed her mind in a dramatic fashion. It could turn out to be a political master stroke, so far
The prize is already being awarded for the sixth time by Koelnmesse and the German Vending Association (BDV) In good 3 weeks’ time, the international vending and coffee world will be meeting up in Cologne at Eu’Vend & coffeena 2017. Of course, in addition to business and networking, the focus will also be on the developments and innovations from and
Eu’Vend & Coffeena – International Vending and Coffee Fair is already taking place for the eighth time and will once again present a clear profile in 2017. Nearly the entire vending industry is meeting in Cologne to demonstrate both its innovative strength and its extraordinary flexibility in supply needs at work, in everyday life and during leisure time. Once again
Russia is a country more frequently associated with a tea drinking culture which dates back hundreds of years. While the hot drinks market in Russia is still dominated by tea, the consumption of coffee is one the rise, with the consumption of fresh coffee being the main driver (ICO, 2015). The coffee market was valued at around $2.5 billion in 2014 compared to around $4 billion for tea (USDA 2014).
‘Specialty coffee is new in Russia; until just 20 years ago, any form of coffee had been considered a luxury reserved for the elite and was far beyond the reach of average consumers. Today, half of all coffee consumed is still soluble (instant) coffee, making it one of the biggest markets for Nescafe in the world. The other half of is a hodgepodge of commodity and specialty coffee’ [Sign in to continue]
The International Coffee Council met in London at the headquarters of the International Coffee Organization from 13 to 17 March 2017 and decided by consensus to appoint Mr José Dauster Sette as Executive Director of the International Coffee Organization for a five-year term.
In a press release on March 2, 2017, Swedish company, Electrolux acquires Grindmaster-Cecilware, a US-based equipment manufacturer which also manufactures coffee machines, according to Daily Coffee News According to the press release, the US-based brewing and commercial coffee grinding manufacturer was acquired for $108 million paid in cash. The acquisition will open and accelerate Electrolux’s growth and increase its access
Preliminary results on the European coffee markets show that the consumption in EU28 increased by 6.4% in quantity in the twelve months ending November 2016.
The CoffeeBi analysis highlights that this result is due to the overall increase in coffee sales in the second part of 2016. In the first six months, consumption in EU28 stood at +1% (compared to 1st semester 2015).[Sign in to continue]
According to Globes , Strauss Coffee, a global company based in Israel, is planning to acquire Norddeutsche Kaffeewerke GmbH, a German coffee producer located near Hamburg. Prior to that, in 2012, the Israeli company made an agreement with the producer. Norddeutsche Kaffeewerke has been producing freeze-dried instant coffee that is delivered by Strauss Coffee’s subsidiary to Russia and other countries in CIS. According to
This year’s CoLab edition will be taking place in Barcelona after a successful third edition in Antwerp. CoLab brings together coffee communities in Europe with aims to put forward a platform where they can connect with the entire international community. This year’s event will take place in Barcelona, Spain from Monday, 28 November to Wednesday, 30 November 2016. The Spanish