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Sunday 17 November 2024
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Market & Trade

Global specialty coffee shops market to grow at a CAGR of more than 10%

Desk3 -
LONDON, UK – Technavio analysts forecast the global specialty coffee shops market to grow at a CAGR of more than 10% during the forecast period, according to their latest report. The research study covers the present scenario and growth prospects of the global specialty coffee shops market for 2017-2021.
Events

Gelato consumption is booming with a worldwide value of 15 billion euros

Desk3 -
RIMINI – With a torrid summer, gelato is a hot seller. The mid-summer figures are very positive. The SIGEP Observatory (the world’s leading artisan confectionery expo, the 39th edition of which is scheduled from 20th to 24th January 2018 at Rimini expo centre and organized by Italian Exhibition Group), estimates a rise in artisan gelato consumption ...
Companies

‘Friends’ fan has counted exactly how many cups of coffee the gang drank

Desk3 -
LONDON, UK – A London-based writer has counted exactly how many cups of coffee the Friends gang drank over the show’s 10-season run. Kit Lovelace actually re-watched all 236 episodes of the classic sitcom to monitor the characters’ drinking habits for a piece he was writing a few years ago. Earlier this week, he shared the results again on Twitter.
Companies

This country drinks more coffee than any other nation in the world

Desk3 -
HELSINKI, Finland – In Helsinki’s 60-year old Café Succès, I watched a couple old Finnish women chatting over coffee and pastries by the window. Beside them, an anxious businessman checked his phone as ...
Companies

Why Canadians drink more coffee than most people in the world

Desk3 -
TORONTO, Canada – It's Friday morning at a Tim Hortons in downtown Toronto. The place is hopping with customers eager to get their caffeine...
Market & Trade

USDA sees record 2017/18 coffee demand, stocks at 6-year low

Desk3 -
WASHINGTON, U.S. – World coffee production for 2017/18 is forecast at 159 million bags (60 kilograms), unchanged from the previous year, as lower output in Brazil is offset by higher production in Vietnam, Mexico, and Indonesia as well as slight increases in most other countries, the US Department of Agriculture (USDA) said on Friday.
Companies

Single serve coffee producers vie to tempt Southeast Asia’s drinkers

Desk3 -
JAKARTA -- Southeast Asia hosts some of the world's leading coffee growers and exporters, such as Indonesia and Vietnam, the world's fourth- and second-biggest producers respectively. Neighbors such as East Timor, Laos, Myanmar, the Philippines and Thailand are home to smaller coffee-growing regions.
Companies

Sales of milk bounce back in South Korea thanks to coffee beverages

Desk3 -
SEOUL, South Korea – Sales of milk bounced back last year after a four-year decline amid growing popularity of ‘latte’ coffee beverages in South Korea. According to a number of sources including Statistics Korea and the dairy industry, the annual consumption of milk in South Korea last year was estimated at 138,400 tons.
Culture

South Koreans had 377 cups of coffee on average last year: Report

Desk3 -
SEOUL, South Korea – South Koreans drank a total of 377 cups of coffee per person on average last year, mirroring brisk growth of the sprawling market fueled by a flurry of various franchises, a government report showed Wednesday. The average coffee consumption, based on South Koreans aged over 20, has grown at an ...
Companies

Russians consumers are drinking more coffee, says report from Nielsen

Desk3 -
MOSCOW, Russian Federation – Coffee sales are on the rise in Russia, growing by 1.2 percent in 2016 – according to data research company Nielsen. The trend represents a turnaround for the drink’s popularity in the country after sales fell by up to 0.5 percent in earlier years, RBK reports.
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