Market analyses and reports on the coffee and coffee machine markets
Do you ever think about how much coffee people drink? Here are some facts, trends and industry statistics you should know. People spend approximately $40 billion on coffee annually. Coffee lowers the risk of Type II diabetes and liver disease. A person’s coffee consumption increases by 25% when they reach their 20s. People aged 60+ drink the most coffee. 68% of
Global coffee production, in 2018, is estimated at 159.66 million bags, 1.2% greater than last year: Production in Africa is estimated as 2% higher, at 17.66 million bags Asia & Oceania, 10% higher, at 49.49 million bags Mexico & Central America, 7.1% higher at 21.92 million bags Regarding coffee prices, in April 2018, the price of all three Arabica groups
Nestlé and Starbucks announced that Nestlé will pay Starbucks $7.15 billion for the right to market, sell and distribute Starbucks coffee globally outside Starbucks stores. Nestlé’s stronger distribution network will be used to expand Starbucks’ distribution, especially into Nestlé’s proprietary single-serve system (Nespresso and Nescafé Dolce Gusto). A big vantage for Starbucks that will be able to use Nestlé’s distribution power in China. On the
Uganda’s minister of Agriculture, Vincent Sempijja, has expressed concern over Ugandans not embracing coffee production which, to him, will help in poverty alleviation. Mr Sempijja says that government is doing its best by promoting coffee production through programs like Operation Wealth Creation, yet evidence shows that farmers are not embracing these efforts. He emphasized the favorable coffee market situation, with
The data for the sector was released in Milan for the presentation of the twentieth edition of Venditalia, the most important European event for the sector, scheduled at Fieramilanocity from 6 to 9 June. The event, organized every two years by Venditalia Servizi and promoted by CONFIDA, the Italian Automatic Distribution Association, will be attended by 247 exhibitors from 20
Last month, the CEPEA/ESALQ index for Robusta type 6, screen 13, Espirito Santo State, has averaged $94.26 per 60kg bag, a 3.9% fall compared to February that grossed $97.94 per bag and lower than the March 17 $123.67 per bag (a 31.2% low). March 15, index was closed at $91.58 per 60kg bag representing, a 4.2% decrease when compared to
Kenya’s coffee is highly sought after in the world market, reports Daily Nation. This made it the most valued beverage in the New York Coffee Exchange. According to The Daily Nation, the fact that it is used by roasters to blend with other coffees fetched it $330.70 per 50kg bag during last week’s auction at the New York Coffee Exchange,
Nestlé SA is going to use Ethiopian-style beans for its coffee pods harvested in Brazil, in order to avoid the use of imported beans. As stated by Bloomberg, Nestle, in agreement with the Brazilian Government, plans to test three non-commercial varieties of bean (produced in its research centre in France), which will try to replicate Ethiopian coffee quality. The first
Have you ever thought about running a coffee company in Finland? Finns were named the top coffee consumer in the world in 2017 by the International Coffee Organization. Finland is known to consume a lot of coffee, at least 12kg per person every year (10 cups/day more or less), as reported by The Independent. A group of entrepreneurs is working to turn
Americans can’t live without coffee; and it seems that coffee consumption has reached its highest level since the 2012. As reported by Reuters, coffee is taking up a wider space in Americans everyday life and coffee and tea seem to be the most consumed beverages in the USA. Just take a look at these percentages from the National Coffee Association