News
Kenya Invests in Specialty Tea Factory
Amid soft international demand for commercial black tea, the Kenya Tea Development Agency is building a new factory to process specialty tea. Read more
COFE App to Expand Coffee Marketplace in Middle East
The Middle East North Africa (MENA) coffee market is heating up with new investment from venture capital funds. Read more
Finlays Sells Kenyan Tea Gardens
Finlays announced the sale of its James Finlay Kenya Ltd. tea gardens to Sri Lanka-based Browns Investments. Terms of the sale were not disclosed. Read more
NatureWorks Opens Bangkok Office, Boosts Capacity in U.S.
Single-serve coffee capsules (a.k.a. pods) proved a success with consumers when they first appeared in the 1990s, and their popularity has increased phenomenally since that time. Read more
Swiss Podmaker La Natura Acquires Ultramar
La Natura, a Swiss producer of coffee and tea capsules, has acquired a 60% stake in Ultramar Caffè, a pod maker based in Fano, Italy. Read more
Illycaffè Reports Strongest Growth in 10 Years
In defiance of rising costs, Illycaffè sped ahead to its fastest sales growth in 10 years in 2022. Consolidated revenue rose 13.6% to €567.7 million, driven by solid performance across all markets and distribution channels. Read more
Coffee and Tea May Protect Against Multiple Sclerosis
Researchers in Iran recently published a study showing that drinking black and green tea, coffee, and non-alcoholic beer is associated with a lower incidence of developing symptoms of multiple sclerosis (MS). Read more
ICO Forecasts Second Consecutive Year of Supply Gap
Despite an expected 1.7% recovery in production in the 2022/23 marketing year, the global coffee market is likely to see the second straight year of supply deficit... Read more
Eastsign Hand Brewer Makes Quality Espresso on the Go
There's no need to quit espresso when on a road trip, hike, or picnic, thanks to a newly launched pod-based hand brewer. Read more
New U.S. Trade Association Will Promote Yerba Mate
Strong exports of yerba mate by Caribbean and South American countries have encouraged suppliers to target the United States. Read more
Unpacking the Future of Tea at the Global Dubai Tea Forum 2023
Today, tea is one of the most widely traded commodities, worth close to $50 billion. Astonishingly, this figure is expected to grow by over 40% this decade, buoyed by many growth factors, especially a new generation of consumers turning to tea. Read more
U.S. Proposal Would Boost Coffee Disease Research
American lawmakers are trying to help coffee growers in the United States and elsewhere with a new research initiative. Read more
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