Coffee Year 2018-19 expected to be the second year of surplus
According to the International Coffee Organisation’s latest coffee market report, coffee year 2018-19 is expected to be the second consecutive season of surplus
Nestlé Mexico invests US$154M in coffee factory in Veracruz
Nestlé has announced it is investing US$154 million in a new coffee factory in Veracruz, Mexico.
Peet’s Coffee acquires majority stake in Revive Kombucha
Peet’s Coffee has acquired a majority stake in Revive Kombucha, a craft brewery based in Petaluma, California. Terms of the transaction were not disclosed.
Coffee Prices Fall in November Amid Increased October Exports
The monthly average of the International Coffee Organization (ICO) composite indicator decreased by 1.5%, to 109.59 US cents/lb in November 2018 following the 13.3% increase to 111.21 US cents/lb last month, reflecting the fall in prices for all group indicators.
Global RTD Tea Consumption Shows Steady Growth in 2018
It’s no surprise to anyone in the tea industry that the ready-to-drink tea (RTD) tea market is surging in the United States and Asia Pacific excluding Japan (APEJ).
Rokit Redesigns Packaging for Nespresso-Compatible Pods
Rokit Pods has redesigned its packaging for a more striking and contemporary feel, following its successful launch of Nespresso-compatible coffee and tea pods in the UK in 2017.
Schuil Coffee Acquires The Sparrows Coffee Wholesale Business
Schuil Coffee, the Grand Rapids, Michigan-based specialty coffee roaster and distributor has acquired The Sparrows Coffee wholesale business.
Choosing the Right Co-Packer
Industry trends, seasonal peaks, ingredients and other considerations must be taken into account in looking for the right partner for your tea or coffee brand.
The Tea Spot Moves to New Headquarters
The Tea Spot has moved from Boulder, Colorado to a new facility and headquarters at the Colorado Tech Center in Louisville, Colo.
Coffee Hits New Export Record in Coffee Year 2017-18
The International Coffee Organization announced that total coffee exports increased each year since 2010-11 with a new record reached in 2017-18 at 121.86 million bags, 2% higher than 2016-17.
Finding New Opportunities in RTD Coffee
I’m not really a ready-to-drink consumer, either tea or coffee, but apparently, I’m in the minority.
BEAR Opens Third Location, Secures New Financing
BEAR, an East Midlands coffee chain, is officially opening its third location today.
The Power of Packaging
In conversations, when I mention one of the categories we cover is packaging, the response is usually a slight eye roll or raised eyebrows – oh how wrong they are!
Vahdam Teas Raises USD $2.5M in Series B Funding
Vahdam Teas has successfully raised USD $2.5 million in its Series B round of funding for its direct-to-consumer business.