Market analyses and reports on the coffee and coffee machine markets
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
I want to share my own strategy with you today because, I know, you felt (or feel) exactly the same at some point during creating your own small business, which is your coffee shop. I felt that my own experiences with my business could be of great value for your coffee shop businesses as well. When things are piling up So, how
The well oiled seasonal retail calendar drives sales throughout the year, and in many markets, Christmas is the biggest of them all. It’s not always a great trading period for everyone, though. Those coffee shops that are in city centres or shopping malls that attract the hoards are planning their big trading days, stocking up, staffing up and getting ready
It is indisputable that coffee machine represents an essential equipment of every work environment. Coffee break provides a welcome pause during meetings and in general plays a crucial role in social life of a workplace. Coffee keeps people alert and makes them more productive. That is another reason why every employer should consider having a machine that serves coffee beverages.
A study by the International Coffee Organisation shows that coffee farmers in a selected number of countries are operating at a loss. This to them means growing coffee is becoming more and more non-profitable for farmers.
According to the study, March 2015 saw the ICO composite price consistently going down below a 10-year average of $137.24 / lb. This has raised concerns about the economic situation of coffee production and the livelihood of growers in the countries involved.[Sign in to continue]
Have you ever asked yourself, why your customers actually come to your cafe? Or to be more precise, why they are coming only on weekdays or weekends? Have you been wondering maybe, why the cafe across the street seems to be more successful than yours, seems to be attracting more customers while the both of you are actually selling the
Everyone, I suppose, knows the song “Gangnam style” the K-pop single by the South Korean rapper Psy that on December 2012 became the first YouTube video to reach one billion views. Well, this song satirized “a classy girl who know how to enjoy the freedom of a cup of coffee”. In these words, all what is going on in South Korea: Coffee has become a powerful indicator of class status symbol. Moreover, coffee is the number one beverage in the country (53% of the total drink market) and has even surpassed the demand for “kimchi”, South Korea’s national dish (according to a study by the International Business Times).
On average, the study showed, South Koreans drink coffee 12.2 times per week; they eat “kimchi”, a mix of fermented vegetables that has been a part of the Korean diet since the 1500s, 11.9 times per week and white rice only 6.9 times per week. To drink a fresh bean coffee is not always cheap. In Seoul, a “cup of Joe (COJ)” is more expensive than in the U.S. (about $3.80 against $2.25 on average).[Sign in to continue]