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coffee industry news
Vietnam’s export price at 4.158 USD/ton in 2024
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MILAN – 2024 was a successful year for Vietnam ’s coffee industry with exports earning $5,48 billion. The Import-Export Department (Ministry of Industry and...
Italian coffee supply chain on show at Sigep
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RIMINI, Italy – SIGEP World – The World Expo for Foodservice Excellence is ready to welcome the global foodservice industry once again and to...
Nescafé launches new KitKat Latte in the UK
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GATWICK, Uk – Nescafé has collaborated with KitKat to create a deliciouschocolate flavour latte to brighten up your next coffee break. The Nescafé KitKat...
Food Empire to invest US$80m in a new freeze-dried soluble coffee manufacturing facility in Vietnam
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SINGAPORE — Leading multinational F&B manufacturing and distribution company, Food Empire Holdings Limited will be investing approximately US$80 million (including working capital) in a...
Ralf Torenz is the new Managing Director of Neuhaus Neotec
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GANDERKESEE, Germany – Ralf Torenz was officially appointed Managing Director of Neuhaus Neotec in June of this year and is now in charge of...
illy and United to offer ready-to-drink cold brew starting July 1
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NEW YORK, USA – Starting July 1, illy 's canned, ready-to-drink Cold Brew will be available on most United flights over 300 miles, making...
J.M Smucker posts 1.1% decrease in FY U.S. Retail Coffee sales to $2.7B, net profit at $759M (+2.9%)
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MILAN – J.M Smucker reported Thursday better-than-expected 4Q results. The company behind Folgers Coffee and Jif peanut butter posted fourth-quarter fiscal 2024 adjusted earnings...
Toast data report coffee and tea trends in the U.S.
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BOSTON, USA – Toast, the all-in-one digital platform built for restaurants, today announced its Q1 2024 Restaurant Trends Report, providing insight into the overall...
Robusta coffee futures reach their highest levels since late April, USDA gain Report sees Vietnam’s production stable at 29 million bags in CY 2024/25
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MILAN – The Bull Run in the coffee markets continues: July ICE Robusta contract in London gained an additional $93 on Thursday, 30 May,...
Nestlé reports 1Q sales of CHF 22.1B (-5,9%) below consensus, Nespresso’s sales at CHF 1.5 B, down by 4.1% year-on-year
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VEVEY, Switzerland — Food giant Nestlé reported a decline in sales in the first quarter of 2024, as the company hiked prices, consumer demand...
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