Monica

CONFECTIONERY

FERRERO TO ACQUIRE NESTLÉ’S US CONFECTIONERY BUSINESS

Ferrero Group has reached an agreement which will see it acquire the US confectionery business of Nestlé for US$2.8 billion in cash. Nestlé’s US confectionery business generated sales of approximately US$900 million in 2016. Ferrero will acquire more than 20 American brands with a rich heritage and strong awareness, including iconic chocolate brands such as

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CRAFT

CONSUMERS INCREASINGLY SEE COFFEE AS A CRAFT

Analysing more than 186 million social media posts referencing coffee over the course of two years, Foresight Factory has identified the key trends of the coffee market for 2017 in its latest social media listening report. The findings reveal a consumer base that increasingly embraces a craft culture around the beverage, while novel consumption occasions are also beginning to emerge. Two prominent trends

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RESEARCH

RESEARCH HELPS UNDERSTAND HOW CAFFEINE AFFECTS THE BRAIN AND BODY

New research has investigated caffeine’s effect on neurons at dose levels comparable with normal consumption habits. The study is a timely exploration of the cellular processes that may help explain caffeine’s physiological effects, such as increasing alertness and potential ability to reduce risk of neurodegenerative diseases. The Institute for Scientific Information on Coffee (ISIC) said

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CUPS

PROTESTERS TARGET STARBUCKS ABOUT PAPER CUPS WASTE

Advocacy organisation Stand.earth recently held a five-day protest at Starbucks’ headquarters in Seattle as part of its #BetterCup campaign. The Bellingham-based group said it wants Starbucks to fulfil a commitment it made in 2008 to make a fully recyclable cup, without a plastic lining. Its recent report, ‘Trashed: The Secret of the Starbucks Cup,’ explains

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NESPRESSO

NESPRESSO INVESTS IN POST-CONFLICT COLOMBIAN COFFEE

Nespresso says it plans to expand its coffee sourcing programme into several former conflict zones as part of a US$50 million investment in coffee in Colombia. Colombian President Juan Manuel Santos recently addressed the Nespresso Sustainability Advisory Board, and welcomed the company’s commitment. He cited the investment as an important contribution to the development of

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