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Jul 8, 2024 · October 11, 2024. Coffee economics. The Best of Yemen 2024 auction has set a new global benchmark for Yemeni coffee, achieving a record-breaking price of US$1,159 per kilogram and highlighting the critical role of Yemen's female farmers. With 36 …
Tomoro Coffee CEO Xing Wei Yuan on ambitious growth plans
Jul 8, 2024 · When Tomoro Coffee CEO Xing Wei Yuan (known as Star in English) first considered what his fourth start-up business should be, he wasn’t convinced a coffee chain business was the answer. His previous other start-ups had varying degrees of success, but none of them were in the food and beverage sector. In 2016, Star was the Director of Product ...
The future of the Chinese coffee market - Global Coffee Report
Aug 7, 2024 · Despite the huge growth rate, China’s actual volume of coffee consumption was still low at 3.7 million 60-kilogram bags in coffee year 2022/23, 2.1 per cent of the world’s consumption. It’s low compared to leading consumption giants Brazil, which consumed 22.7 million 60-kilogram bags, and the United States at 25.9 million 60-kilogram bags.
Trung Nguyên: A living legend - Global Coffee Report
Jan 11, 2019 · Elated,” he tells Global Coffee Report. Since 1996, the name Trung Nguyên Legend has become synonymous with gourmet blends of Vietnamese coffee and coffee houses around the country. Now, for the first time, Vietnam’s leading coffee company has added a series of coffee capsules to its portfolio, the first and only of its kind made in Vietnam.
Nestlé on developing future-proof coffee - Global Coffee Report
Aug 28, 2024 · Despite global demand for coffee continuing to rise, the future of these farmers, Nestlé’s coffee brands, and the industry at large is under threat due to the effects of climate change. According to a 2022 Intergovernmental Panel on Climate Change (IPCC) report, by 2050 the land suitable to grow Arabica coffee could be reduced by up to 50 per cent.
The miracle journey of G7 - Global Coffee Report
Nov 12, 2015 · G7 has set itself the ambitious goal of capturing at least US$2 per year from every citizen in China by 2020. China has been the major growth story for coffee consumption over the past decade. With an average coffee consumption of two cups per person, per year, China is already the fourth largest market globally for ready-to-drink coffee.
Lisa Lawson on the rise of specialty coffee in Scotland
Sep 11, 2024 · A A. Image: Brian Sweeney. Dear Green Founder Lisa Lawson details the rise of specialty coffee in Scotland and building a business that puts sustainability front and centre. Thriving coffee scenes are usually the result of multiple players coming together to raise the standard and engage the local community, yet in Scotland one woman has led ...
The complete picture with Gruppo Gimoka - Global Coffee Report
Mar 11, 2020 · Machinery matters. Gimoka’s two Neuhaus Neotec’s RFB400 roasting machines demonstrate this sustainable commitment, roasting up to 10,000 kilograms of coffee per hour through fluid bed technology. “Gimoka pioneered fluid bed roasting technology in Italy. We were the first to buy Neuhaus Neotec’s RFB400,” Padelli says.
Kathrine Löfberg on how Löfbergs became a Nordic coffee giant
Jul 8, 2024 · Kathrine Löfberg on how Löfbergs became a Nordic coffee giant. Chairman of the Löfbergs Board and Coffee&Climate initiative, Kathrine Löfberg, on long-term responsibility, and how a small family business has evolved into one of the nordic’s largest, and oldest, coffee roasting enterprises. There’s one commonality Swedish roaster ...
WCR on securing the coffee seed sector - Global Coffee Report
Jul 29, 2024 · Key findings were presented in a WCR technical report, released in March 2024. It highlighted that more than 36 per cent of participating seed lots had very high rates of genetic non-compliance, with 50 per cent or fewer tested trees showing genetic conformity. WCR says trees grown from these materials will not have the expected performance and ...