Feb 14, 2023 | HOT BEVERAGES
The global ready to drink tea and coffee market size reached US$ 94.3 billion in 2021. Looking forward, market researcher Research & Markets expects it to reach US$ 140.7 billion by 2027, exhibiting a CAGR of 6.9% during 2021-2027. Keeping in mind the...
Jan 3, 2023 | Acquisitions & Appointments, HOT BEVERAGES, Vending News
The Middleby Corporation has announced the acquisition of Marco Beverage Systems, a designer and manufacturer of innovative and energy-efficient beverage dispense solutions. Based in Dublin, Ireland, Marco has annual revenues of $30 million. The acquisition represents...
Oct 25, 2022 | Company news, HOT BEVERAGES
Nescafé, Nestlé’s largest coffee brand and one of the world’s favorite coffees, has outlined its extensive plan to help make coffee farming more sustainable: the Nescafé Plan 2030. The brand is working with coffee farmers to help them transition to...
Oct 17, 2022 | Company news, HOT BEVERAGES, MACHINE
WMF Professional Coffee Machines and vly have entered into a partnership said to underscore sustainable development. Coffee specialities with plant-based alternatives to milk have become an important sales driver in the coffee industry. With their combined expertise...
Oct 5, 2022 | HOT BEVERAGES
It’s been 18 months since the Slow Food Coffee Coalition (SFCC) was officially launched, but what has been achieved in that time. When the SFCC was officially launched, the first objective was to unite the many actors within the coffee chain, from growers to consumers...
Aug 31, 2022 | Acquisitions & Appointments, HOT BEVERAGES, MACHINE
The Azkoyen Group, the Spanish technology multinational, offering automated products and services has acquired Ascaso, a manufacturer of traditional premium coffee machines. Ascaso is a family business, based in Barcelona, that manufactures high quality traditional...
