The overseas ventures of new-style tea brands have also boosted the tea trade, creating new sales opportunities for tea processing firms. Houtang, a tea bio-tech firm in southwest China's tea hub of Guizhou Province, has inked partnership agreements with more than 100 new-style tea brands, ...
So far, Southeast Asian countries remain a major overseas expansion destination for Chinese new-style tea brands. The market value of China’s new-style tea drinks is likely to surpass 200 billion yuan (about US$28.17 ...
Data released by iiMedia Research shows that in 2022, the market size of the new-style tea beverage industry exceeded 290 billion yuan (US$40.93 billion), with a year-on-year growth of 5.1%, and the market size is expected to reach 374.93 billion yuan by 2025. (Xinhua)...
Data released by iiMedia Research shows that in 2022, the market size of the new-style tea beverage industry exceeded 290 billion yuan (about 40.93 billion U.S. dollars), with a year-on-year growth of 5.1 percent, and the market size is expected to reach 374.93 billion yuan by 2025.■...
The new-style tea market is expected to reach 117 billion yuan by 2022, which is roughly 17 billion US dollars, and grow to 50 billion US dollars by 2025. Bi Ran, CGTN, Beijing.
This paper explores the development history, ingredient evolution, and operational models of the new-style tea beverage industry, analyzes industry trends, risks, and challenges, and provides strategic recommendations for its sustainable development.Yuefei WANG...
Having savored tea for over 2,000 years, Chinese tea enthusiasts are now welcoming innovations in this age-old beverage, with trends ranging from fruit tea and bubble tea to blended drinks like chai latte, sparking a thriving market.
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The initial innovation of HEYTEA was the introduction of Cheese Tea. Not cheese in the traditional sense, but a cold tea with a thick, frothy, cream cheese-flavored foam on top. The foam is made with cream cheese, milk, cane sugar, and a little sea salt, ...
But recently, the so-call “new-style tea” market is getting increasingly crowded and competitive. Its popularity has fuelled many retailers whose main activities lie elsewhere to open milk tea stores to generate extra revenue and attract more customers, as drugstores, supplement makers and even ...