During the Starbucks Fiscal Year 2022 Quarter Two Earnings call, CEO Howard Schultz announced the company will make additional investments in partners and stores for prioritised areas, bringing the total investments to nearly US$1 billion in this fiscal year alone.
Probat introduces NEPTUNE 1000 drum roaster
Global market and technology leader Probat has announced the next generation of industrial drum roasters.
Coffee capsules market to surpass US$9.8 billion by 2032
According to market research firm Future Market Insights, the global coffee capsules market is projected to surpass US$9.8 billion by the end of 2032.
La Marzocco launches special edition Linea Mini Legacy
Leading espresso machine manufacturer La Marzocco has launched its new special edition Legacy Linea Mini.
ICO Composite Indicator Price rebounds in March 2022 on sustained demand: ICO report
The International Coffee Organization’s (ICO) April 2022 market report shows its composite indicator of coffee prices gained 1.8 per cent from March to April 2022, averaging 198.37 US cents per pound.
Melitta and 4C unite to support Colombian coffee farmers
Melitta Europa has sourced the first shipment of coffee produced and certified in connection with the 4C project ‘Improving working and living conditions for coffee smallholders in Colombia’.
ACE announces the Taiwan Private Collection Auction
On behalf of the Taiwanese Council of Agriculture and the Taiwanese Agriculture and Food Agency, Taiwan Coffee Laboratory and Alliance for Coffee Excellence (ACE) have announced the 2022 Taiwan Private Collection Auction (PCA).
IMA and Goglio sign commercial partnership
IMA Group and Goglio, leading Italian multinationals in the packaging solutions sector, have entered a strategic partnership aimed at converging competences and know-how for the supply of processing and packaging solutions for the coffee industry.
Daily coffee may benefit the heart, new study says
According to studies being presented at the American College of Cardiology’s 71 Annual Scientific Session, drinking two to three cups of coffee a day is associated with a lower risk of developing heart disease and dangerous heart rhythms, and an extended lifespan.
JDE Peet’s announces changes to its Board of Directors
JDE Peet’s Board of Directors has proposed the appointment of Jeroen Katgert as non-executive member of the Board.