Tea, Coffee & Cocoa – WORLD NEWS
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Luckin Coffee surpasses 35,000 stores as non-coffee sales top US$2.9B
Luckin Coffee reports major growth milestone as non-coffee beverages surpass RMB 20 billion, supported by rapid global expansion and a store network exceeding 35,000 outlets worldwide.
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JR Farms signs US$60M coffee partnership with Liberia to revive sector
The 20-year agreement aims to develop 250,000 hectares of coffee plantations and strengthen Liberia’s position in the global coffee market.
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Melitta Group to invest over US$116.4M in Bremen coffee plant expansion
Melitta Group will invest over €100 million in its Bremen coffee facility to boost capacity by 50% and support its long-term global expansion strategy.
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Soufflet Malt, Ferments du Futur launch cocoa alternative research using fermented sprouted grains
Soufflet Malt and Ferments du Futur are developing cocoa alternatives from fermented sprouted grains to address rising cocoa supply pressures and support sustainable ingredient innovation.
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Vintage Coffee reports 79% revenue surge to US$58.1M in FY26
Vintage Coffee and Beverages posts sharp revenue and profit growth in FY26, driven by rising demand, improved capacity utilisation, and expansion of its coffee manufacturing operations.