After cultured meat and lab-grown fish, now there is coffee made from cell cultures. Finnish researchers have succeeded in making coffee without the use of coffee beans.
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As of today, British coffee brand Costa Coffee is also active in Belgium. Owner Coca-Cola has launched its coffee brand in the hospitality industry and through vending machines. However, there will be no separate Costa Coffee bars (for now).
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Costa Coffee, the world's second biggest coffee chain, wants to conquer the Belgian market. The Coca Cola subsidiary will reveal the location of its first Belgian store later this month.
Dutch coffee giant JDE Peet's has seen a resurgence of its hospitality turnover in the second quarter. Nevertheless, its sales growth came primarily from home consumption.
International coffee prices are at their highest level in four years. This is due to the drought in Brazil, although economic and political factors also play a role.
Twelve years from now, Italian coffee brand Illy will be celebrating its centenary, and it wants to do so by gaining the fully climate-neutral status. Because they can, but also because they have to.
JDE Peet's, the parent company of Douwe Egberts, sold significantly less coffee outside of the home last year. However, a rise in consumption at home largely compensated for the loss in turnover.
Coffee and tea giant JDE Peet's saw the drop in out-of-home coffee consumption compensated by a rise in home consumption, where customers seem to prefer more expensive coffees.
As of today, JDE Peet's, the parent company of Douwe Egberts and Senseo, is listed on the stock market. The company has raised 2.25 billion euros already, making it the largest IPO of the year.
Coffee importers are stockpiling to anticipate possible shortages as a result of the corona crisis, as more and more countries are introducing lockdowns that could disrupt the supply chain. This also causes coffee prices to rise to record highs.
Owner JAB wants to float Jacobs Douwe Egberts to the stock exchange this spring, and has asked two banks to guide the process.
Jacobs Douwe Egberts is merging with Peet's Coffee, its American competitor that is also owned by the JAB Holding Company. The idea is to introduce the merger company to the stock exchange.
In the past quarter, Coca-Cola has scored a hit with sugar-free, coffee and the Netflix hit Stranger Things. The soft drink group exceeds expectations with a 6% turnover growth.
Illycaffè is looking to expand by opening more of its own coffee bars. To that end, the Italian coffee manufacturer is looking for a partner with retail experience. This could spell good news for Nestlé or Douwe Egberts, both of which have had their eye on their Italian competitor for some time.
Chocolate producer Godiva has plans to open 2,000 bars in which consumers can drink coffee and eat its pralines. The price for that worldwide growth however may be big: the company may have to leave Japan to finance that growth.
Coffee brand Illy has signed a licensing agreement with JAB, the company that houses Douwe Egberts. They will be producing and distributing Illy aluminum capsules. For Illy, the capsules are a new addition to the product range.