China's rising coffee demand is an opportunity for international chains like Starbucks and Tim Hortons that are investing heavily in China, though they face a steep challenge from rapidly expanding local brands. But there is also harsh competition between the local chains and international chains. E...
Chinese customers favor consuming coffee in a portable, easy-to-drink style while on the go. Nearly all coffee consumed in China – until Starbucks entered the Chinese market in 1999 – was of the instant or ready-to-drink (RTD) type. As of the end of 2021, fresh coffee comes in ...
"The Chinese coffee market is rising faster than any other market because China's population is so large," Almeida said, noting that given the relatively low per capita consumption, China's coffee market still has vast potential to grow. "Shanghai is already a very developed city for coffee,...
"CIIE offers a unique platform to engage directly with consumers and distributors, which will be invaluable for enhancing our export strategies," Ruth told Xinhua in Shanghai, adding that China's large market and increasing demand for unique products, such as coffee from Ethiopia, present immense ...
The coffee market is expected to continue its upward trend, driven by factors such as expanding coffee consumption in emerging markets, premiumization, and the rising demand of organic and fairly traded products. Methodology Data coverage:The data encompasses B2C enterprises. Figures are based on pr...
Expert View: Why African Coffee Producers Should Sell Their Coffee in China and How to Do It August 24, 2022No Comments Who We Are? China is the world’s second-largest market. Therefore, any country looking to increase its export footprint is an important market to enter and gain signific...
Seeking to tap into rising consumer demand for convenience, Yum China opened its first standalone KCOFFEE outlet in Shanghai in October 2022. The business has since accelerated the expansion of its KCOFFEE store network through a combination of stand-alone outlets and concession coffee shops within...
He added that commodity prices have still been running at low levels this year and need to be paid attention to. However, judging from factors such as price levels, demand recovery, economic growth, and money supply comprehensively, there is no so-called deflation in the Chinese economy, and...
In particular, contact-based services, which had accumulated huge pent-up demand, registered stellar growth. In August, the catering sector maintained strong momentum with combined revenue up 12.4 percent from a year ago. Earlier this month, customers scrambled for Luckin Coffee's new Moutai latte...
He added that commodity prices have still been running at low levels this year and need to be paid attention to. However, judging from factors such as price levels, demand recovery, economic growth, and money supply comprehensively, there is no so-called deflation in the Chinese economy, and...