Business
Africa’s contribution to global tea production escalates
Africa is home to thirteen tea-producing countries and their tea production is an essential part of the global tea economy, and in fact, represents the biggest share of the world’s tea exports.
Market Report: Italy – Traditions blend with innovations in the Italian coffee market
Preserving hundred-year-old traditions of coffee consumption, Italy is also actively embracing new market trends swinging towards specialty coffee, single-serve coffees and blockchain.
Fact.MR anticipates growth in the coffee market over the next decade
According to a recently published analysis by Fact.MR, the coffee roaster market is expected to register a CAGR of 5% by garnering a market value of US$ 701.24 Billion in 2032 from US$ 430.5 Billion in 2022.
Winners announced of Guatemala One of a Kind auction
The National Coffee Association and the Alliance for Coffee Excellence announced and awarded the 15 winning coffees of the second edition of the One of a Kind auction.
Organic Trade Association applauds investment of up to $300 million in new organic transition initiative
The United States Department of Agriculture (USDA) announced its intention to invest $300 million into a new Organic Transition Initiative programme as part of the USDA Food System Transformation Framework.
Partners Coffee celebrates dads this Father’s Day
The coffee company is celebrating Father’s Day this year with a selection of gift ideas.
The ICO unveils new International Coffee Agreement
The ICO reveals landmark 2022 International Coffee Agreement, formally welcoming the global private sector to key discussions on the future of coffee London.
Boba tea re-emerges and surges in popularity thanks to Gen Z
Boba tea first appeared in the US more than a decade ago, however, it seemed to be more of a niche product that was trendy ‘on the coasts’ and would ‘come and go’ in popularity.
Peet’s Coffee achieves 100% responsibly sourced coffee across 24 regions
Peet’s Coffee announced that it has achieved 100% responsibly sourced coffee across 24 regions, per Enveritas standards.
Metropolis Coffee Company unanimously approved for second cafe in O’Hare International Airport, Chicago
Chicago-based roastery and cafe to serve international terminal before the end of the year.
New International Tea Academy Awards honour the world’s finest teas
The UKTA and Fortnum & Mason launch The Leafies, International Tea Academy Awards that celebrate the world’s finest loose-leaf teas.
ESTA launches a new scoring system for East African specialty teas
ESTA announces a new scoring system to help bring East African specialty teas to market.
The I-CIP dips slightly but remains strong
The ICO Composite Indicator Price dips slightly but remains strong, closing May above 200.00 US cents/lb.
Pandemic and social media-influenced coffee trends
Post-pandemic coffee routines have returned with some consumers admitting that their coffee drinking habits have increased in the last year.