About Us
We are an early-stage company with a patent pending coffee roasting method for turning climate-damaged defective coffee beans into high-quality coffee.
The global coffee market is estimated at 433B USD which includes over 10 billion kilos of beans and CAGR of 7.64%.
By 2050, global warming will reduce coffee growth by half. Currently, over 20% of coffee beans fall below Western coffee quality standards due to climate change-induced quality deterioration and coffee defects, causes to coffee producers struggle to achieve the desirable flavors.
Beancare has been developing a coffee roasting machine with unique physiochemical features to turn climate-damaged defective coffee beans into high-quality coffee. We believe that once commercialized this method can have a dramatic effect on the utilization rate of sub-standard coffee beans. Turning what today is effectively waste – into a hugely valuable asset – with positive environmental impact.
Since the market is dominated by several very large companies our plan is to generate revenues through licensing/royalty our technology and patent protected roasting machine.
Progress to Date:
• Strong team building
• POC
• Patent filed
High Level Economics
Low-quality coffee buying price: 3 USD/KG
Normal-quality coffee selling price: 5.5 USD/KG
Gross profit/KG:2.5USD
With assumption of 10% of the defective beans market: 200M KG
Total gross profit/year:2.5X200M = 500M USD
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