Global Coffee Report

Global Coffee Report

Cup of Excellence 2024 announces winners from Brazil

Image: BSCAThe Cup of Excellence (CoE) 2024 has announced the winners from Brazil, with 13 coffees sourced from 10 different regions across the country awarded scores above 90. Brazil’s CoE is made up of three categories: Experimental (highlighting coffees that undergo induced fermentation), Dry (assessing sun-dried and naturally processed coffees), and Wet Process (evaluating coffees that
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Simonelli Group outlines its automatic offering

Image: Simonelli GroupSimonelli Group details its machines’ automatic functionalities and the benefits they offer for busy hospitality businesses across the world.  Coffee consumption has steadily increased over the years. Consumers, particularly younger ones, are increasingly demanding, seeking consistent high-quality recipes that are prepared quickly. On the other side of the counter, hospitality businesses are facing high staff
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VEA Group formed through merger of Elektra, Heylo, Bellezza, and Carimali

Image: behindlens/stock.adobe.comCoffee equipment companies Elektra, Heylo, and Bellezza have merged into Carimali to form VEA Group, a new entity. Effective 1 November 2024, VEA Group will inherit all rights and obligations of the merged companies, ensuring the seamless continuation of all pre-existing legal relationships, assets, and liabilities. In a statement, VEA Group said this step reflects
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I-CIP decreased in October 2024: ICO Report

Image: International Coffee OrganizationThe International Coffee Organization’s (ICO) October 2024 report reveals its Composite Indicator Price (I-CIP) averaged 250.56 US cents per pound in October, a 3.2 per cent decrease from September. The Colombian Milds and Other Milds decreased by 0.8 per cent and 0.6 per cent, reaching 277.10 and 276.82 US cents per pound, respectively, in October 2024. Meanwhile
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Sproud launches new sugar-free milk alternative

Image: SproudSwedish company Sproud has launched Barista ZERO, a yellow split pea-based sugar-free milk alternative. Barista ZERO is said to add smoothness and creaminess to coffee without altering its flavour and is high in protein, as yellow split peas provide twice the amount of protein compared to oats. Sproud will debut its new Barista ZERO at
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La Marzocco named one of Italy’s Best Workplaces 2024

radudumitrescu/stock.adobe.comLa Marzocco is among 10 Italian companies to receive the Best Workplace 2024 recognition within the manufacturing field. This marks the third consecutive year La Marzocco has been included among Great Place to Work Italia’s Best Workplaces for Blue Collar. The ranking rewards certified Great Place To Work companies that have “distinguished themselves in creating
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Conservationist hails ‘world first’ in sustainable coffee production

Dr Jane Goodall. Image: Bill WallauerIrish coffee company Bewley’s has been recognised for its role in sustainable coffee production by leading conservationist Dr Jane Goodall. According to Dr Goodall, Bewley’s-backed innovations in Honduras, Central America, will lead coffee’s response to the climate emergency. She says coffee contributes to the destruction of the tropical forest where it is grown and, beyond
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Swiss Water reports increase in total sales for Q3

Image: weedezign/stock.adobe.comSpecialty coffee company and green coffee decaffeinator Swiss Water has reported Q3 financial results for 2024. The Canadian company reported a 27 per cent increase in total sales in the third quarter and a 4 per cent increase for the year-to-date, when compared to the same time last year. According to Swiss Water, the year-over-year
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Reborn Coffee acquires majority stake in South Korean bakery chain

Image: HN Works/stock.adobe.comUnited States specialty coffee retailer Reborn Coffee has acquired a 58 per cent stake in Bbang Ssaem Bakery, a bakery chain with 31 locations across South Korea. This acquisition follows the previously signed memorandum of understanding (MOU) between the two companies in July 2024. This move is said to solidify Reborn Coffee’s commitment to expanding its
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