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Weekly Coffee News: Market Trends Report + Ally COO Departing

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Algrano courtesy photo.

Algrano Releases 2023 Market Trends Report

Green coffee trading technology company Algrano has released its 2023 market trends report, sharing thoughts from leaders throughout the green coffee and coffee roasting industries. The report is designed to appeal to both roasters and coffee producers, while helping to bridge the knowledge gaps between market actors. Access to the full report is available here.

Third Wave Water Launches Low Acid Formulation

Ohio-based coffee water additive maker Third Wave Water launched a product designed to reduce acidity in coffee for drinkers who are affected by acid reflux. One packet of the Third Wave Water solution in a gallon of water reduces acidity by up to 300%, the company said.

Nestlé CEO Says He’s Not Worried About Weight Loss Drugs Messing with Coffee

The CEO of food giant Nestlé turned to LinkedIn for a first-person opinion piece on the potential effects of weight loss drugs on the coffee market. “One question we get very often these days is about the coffee consumption of GLP-1 patients,” Mark Schneider wrote. “To dispel the myths, we haven’t seen evidence that GLP-1 patients have a reduced appetite for coffee.”

Ally Coffee COO Ricardo Pereira Plans January Departure

Green coffee trading company Ally Coffee announced that COO Ricardo Pereira plans to depart the company in mid-January 2024 for “the next chapter of his coffee career.” Pereira has helped lead Ally Coffee’s growth since 2013. Ally Coffee Partner and CEO Rogerio Schiavo will assume COO duties upon Pereira’s departure.

Meghan Markle Appears in Coffee Ad, People Have Opinions

Meghan Markle, Duchess of Sussex, appeared in an Instagram ad for “adaptogenic” coffee brand Clevr Coffee, making a cameo appearance as a fulfillment worker with no lines. Because people are generally obsessed with celebrity and wealth, the appearance elicited various feelings and opinions. Markle is an investor in the company.

NCA Names New Marketing and Comms Manager

The National Coffee Association (NCA) of the United States has appointed Owen Clayton to the position of marketing and communications manager. Clayton joined the NCA as an intern in 2021 before quickly assuming an associate role, according to the organization.

Boston Workers at Numerous Independent Shops Organize

Workers at numerous local and independent Boston coffee shops appear to be organizing as part of a single group under the Unite Here New England Joint Board Local 325, according to a Boston Globe report. Workers from at least four Boston-area coffee companies, including local chain Pavement, are part of the push.

Starbucks CEO Says Store Protesters ‘Influenced by Misrepresentation’

In a letter addressed to employees this week, Starbucks CEO Laxman Narasimhan said that people protesting against the company over the Israel-Hamas war have been “influenced by misrepresentation on social media.” Reuters has more.

Bunafr Presenting at CES 2024 in Las Vegas

Home roasting equipment maker and tech startup Bunafr announced it is exhibiting at the upcoming Consumer Technology Association annual expo, (CES 2024), taking place Jan. 9-12 in Las Vegas, Nevada.

International Delight Launches Cold Foam Creamer

Colorado-based packaged food maker International Delight has launched a Cold Foam Creamer product. The cold foam solution comes in cans resembling whipped cream cans.

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In Case You Missed It

Here are some of DCN’s top stories from the past week…


Mill City Roasters Launches 2-Kilo Electric Roaster, the MCR-2E

Minneapolis-based roasting equipment maker Mill City Roasters has launched the MCR-2E, the company’s largest and most advanced electric-heat roaster to date… read more

The Sepia Coffee Project Offers a Guiding Light in Metro Detroit

Earlier this month, The Sepia Coffee Project closed on a Highland Park commercial space, with plans to build out a new roastery and tasting room for 2024. By 2026, The Sepia Coffee Project hopes to open a full brick-and-mortar cafe… read more

Chobani Buys La Colombe Coffee for $900 Million

New York State-based packaged yogurt giant Chobani has acquired Philadelphia-born coffee company La Colombe for $900 million… read more

Ascaso Unveils Barista T Plus 2024 Espresso Machine, H64 Grinder

Spanish espresso machine brand Ascaso recently added a new high-end commercial espresso machine to its lineup called the Barista T Plus 2024… read more

Japan’s Geshary Coffee Buys Manhattan Building for $38 Million

Japanese coffee company Geshary Coffee has closed on a Fifth Avenue property in New York City for $38 million, with plans to occupy the building… read more

Portland’s Futura Coffee Roasters Brings Regenerative Focus to East Coast

With direct ties to Colombian specialty coffee and a proactive economic approach to environmental stewardship, Oregon-based Futura Coffee Roasters has expanded to the east coast… read more

Anfim Gets Bigger and Faster with the Alba Grinder

Italian espresso grinder maker Anfim recently revealed a new machine at the top of its line of commercial machines: The Anfim Alba… read more