Market News Archives - Daily Coffee News by Roast Magazine https://dailycoffeenews.com/category/company-news/market-news-company-news/ Business news for specialty coffee professionals Thu, 14 Dec 2023 15:09:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 Finnish Researchers Pushing for ‘Cellular Agriculture’ in Coffee https://dailycoffeenews.com/2023/12/13/finnish-researchers-pushing-for-cellular-agriculture-in-coffee/ Wed, 13 Dec 2023 13:15:30 +0000 https://dailycoffeenews.com/?p=175398 Making coffee from roasted coffee produced by VTT’s cellular agriculture method – Photo by Vesa KippolaScientists in Finland have shed new light on the process of making, roasting and analyzing lab-grown cellular coffee. Researchers at the VTT Technical Research Center of Finland — a state-owned...]]> Report: China Overtakes United States as Largest Coffee Shop Market https://dailycoffeenews.com/2023/12/12/report-china-overtakes-united-states-as-largest-coffee-shop-market/ Tue, 12 Dec 2023 15:13:49 +0000 https://dailycoffeenews.com/?p=175355 Cotti CoffeeChina has overtaken the United States as the country with the highest number of coffee shops in the world, according to the latest annual report on the East Asian coffee...]]> Major ICO Green Coffee Report Notes ‘Growing Americas’ and ‘Shrinking Rest of the World’ https://dailycoffeenews.com/2023/12/05/major-ico-green-coffee-report-notes-growing-americas-and-shrinking-rest-of-the-world/ Tue, 05 Dec 2023 17:18:01 +0000 https://dailycoffeenews.com/?p=175190 2023 global coffee reportThe International Coffee Organization (ICO) has released its second Coffee Report and Outlook, including a broad overview of the global coffee sector in terms of production and consumption, economic analysis...]]> ICO and SCA Sign MoU in Support of Global Coffee Industry https://dailycoffeenews.com/2023/12/05/ico-and-sca-sign-mou-in-support-of-global-coffee-industry/ Tue, 05 Dec 2023 13:50:26 +0000 https://dailycoffeenews.com/?p=175177 SCA ICO MoU Signing_December 2023-6The top brass of the International Coffee Organization and the Specialty Coffee Association convened on Dec. 1 to sign a Memorandum of Understanding (MoU) outlining the organizations’ shared commitments to...]]> Cup of Excellence Coffee Competition Adds ‘Experimental’ Category in Brazil https://dailycoffeenews.com/2023/11/08/cup-of-excellence-coffee-competition-adds-experimental-category-in-brazil/ Wed, 08 Nov 2023 18:29:32 +0000 https://dailycoffeenews.com/?p=174652 Brazil Cup of Excellence CoE 2023 6The Cup of Excellence (CoE) coffee competition and auction platform was born in Brazil more than two decades ago and has since expanded to coffee-producing countries all over the world. ...]]> SCA Hosting Third Online Green Coffee Summit in December https://dailycoffeenews.com/2023/10/25/sca-hosting-third-online-green-coffee-summit-in-december/ Wed, 25 Oct 2023 16:25:50 +0000 https://dailycoffeenews.com/?p=174429 Green Coffee SummitThe Specialty Coffee Association is reprising its Green Coffee Summit, a free online event designed for coffee traders, producers and other actors within the green coffee industry. The third iteration...]]> Led by Big Chains, US Coffee Shop Market Surpasses 40,000 Stores https://dailycoffeenews.com/2023/10/24/led-by-big-chains-us-coffee-shop-market-surpasses-40000-stores/ Tue, 24 Oct 2023 14:09:17 +0000 https://dailycoffeenews.com/?p=174370 Pixabay coffee shopThe value of the United States coffee shop market grew 8% to $49.5 billion over the past year, resulting in a 4% increase in the market’s pre-pandemic value, according to...]]> NCA Economic Impact Report: US Consumers Spend $301 Million Per Day on Coffee https://dailycoffeenews.com/2023/10/23/nca-economic-impact-report-us-consumers-spend-301-million-per-day-on-coffee/ Mon, 23 Oct 2023 16:13:05 +0000 https://dailycoffeenews.com/?p=174345 coffee economic impact USConsumers in the United States spent nearly $110 billion on coffee and related goods in 2022, which breaks down to approximately $301 million per day, according to a new economic...]]> ‘Coffee Prices & Technology Summit’ Coming in October https://dailycoffeenews.com/2023/09/25/coffee-prices-technology-summit-coming-in-october/ Mon, 25 Sep 2023 17:18:04 +0000 https://dailycoffeenews.com/?p=173737 Coffee Prices and TechnologyThe firm Digital Coffee Future (DCF) is launching an online summit on coffee prices called “Coffee Prices & Technology Summit: Trends, Margins and Pay Gap.” Prices for green coffee remains...]]> Coffee Consumer Trends: Inside the NCA’s Fall 2023 Report https://dailycoffeenews.com/2023/09/19/coffee-consumer-trends-inside-the-ncas-fall-2023-report/ Tue, 19 Sep 2023 19:07:03 +0000 https://dailycoffeenews.com/?p=173636 cups of coffeeOverall coffee consumption has remained remarkably steady among United States coffee drinkers, while variables such as where drinks are consumed and what exactly is consumed continue to shift in the...]]>