Market analyses and reports on the coffee and coffee machine markets
Climate change has been a great threat to coffee production in the world recently. So Nicaragua is changing its coffee production , it is investing in a disease-resistant variety of coffee to protect its export, reports Manila Bulletin. Coffee is one of Nicaragua’s key export crop. The disease resistant robusta coffee, from the Coffea canephora plant, has been authorized by the
As Starbucks two-times CEO Howard Schultz plans to step down from his position this year, the company keeps on looking for new faces to be recruited for board seats. In the middle of January 2017 the company announced it had considered Microsoft chief executive Satya Nadella as one of Starbucks’ board members as reported by Fortune.com. To Starbucks, Nadella can
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
The Farmer Brothers, a Texas-based coffee roaster, distributor and wholesaler has taken over West Coast Coffee Company, reports Daily Coffee News. They acquired it for $13.5 million including a possible $1 million that depends on the company’s future performance. According to the news report, West Coast Coffee will be a subsidiary of Farmer Brothers carrying out its direct store delivery
Olam International’s two coffee plantations in Africa have recieved Rainforest Alliance Certification as well as UTZ Certification for their 2500 hectares of Arabica plantations according to dailynews.co.tz and foodbusinessafrica.com. These aren’t Olam’s only plantations in world. It’ s one of the world’s largest coffee suppliers that has coffee plantations in Africa, Asia and South America. Their other green coffee sources
Coffee lovers will be delighted this year, as there are many coffee festivals and exhibitions coming up in 2017. In the infographic created by Market Inspector, you can a list of coffee festivals happening all over the world, so there’s something for everyone. Some of these fests are open to the coffee and tea industry professionals. The other festivals also
Starbucks new growth plans include increasing the number of its new upscale cafes around the world as reported by businessinsider.com. Starbucks’ new Reserve stores aim to capture the feeling of the Roastery and they will offer Princi’s food. Starbucks hasn’t revealed exactly what Princi items will be available at Reserve stores, but they have promised that pizza, sandwiches, and spirits will be
Congolese coffee beans are attracting the Specialty Coffee sector’s attention as reported by thelocalafricanews.com. As the specialty coffee sector sees growth, exporters, retailers and roasters keep looking for new grounds in hope to discover ever better tasting coffee beans. But discovering newer grounds also mean taking risks of entering world regions that have been politically unstable for several years now and
You know that everyone in the Specialty Coffee world is passionate about this great product which is specialty coffee. You’re convinced by its benefits, the quality, the taste, etc. With education and trainings you as coffee professionals are able to attract customers that appreciate specialty coffee how it should be appreciated, right? Not every coffee business is able to manage
Starbucks Corporation’s financial results for its 13-week fiscal first quarter that ended on January 1, 2017, were announced 26th January 2017 by various sources like nasdaq.com, wallstanalyst.com and cnbc.com. Starbucks’ combined revenues showed a 7% growth with a $5.7 billion net amount as compared to the last year. Main increase in revenue came from the overall 2,163 newly opened stores