Category: Coffee & Tea
Asia Coffee & Tea
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Tea in Georgia
... increasing numbers of foreign tourists, as well as an influx of newly-arrived immigrants from Ukraine, Russia and Belarus. However, with inflation still being an issue, there is a degree of trading down to cheaper brands. ... Read More
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Hot Drinks in Cambodia
... industry players into innovating. While coffee remained the most popular category, sales of tea grew from a smaller base with tea in particular being influenced by the rising health and wellness trend. In general, older ... Read More
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RTD Coffee in South Korea
... coffee shops. This trend prompted both traditional coffee beverage companies such as Dong Suh and Lotte Chilsung, and coffee shop franchises such as Twosome Place, Paul Bassett, and Pascucci, to enter RTD coffee. However, RTD ... Read More
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South Korea Coffee Market Report and Forecast 2024-2032
... the forecast period of 2024-2032. Aided by the rapidly evolving coffee culture and the burgeoning cafe industry in the country, the market is expected to grow significantly by 2032. Coffee, an energising drink made from ... Read More
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RTD Tea in South Korea
... to see a negligible decline, reduced sugar still RTD tea is expected to see low growth, and carbonated RTD tea and kombucha is set to see another year of exceptional although slowing growth. Kombucha now ... Read More
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Coffee in the Philippines
... in terms of volume, saw a particularly buoyant performance, as the busier lifestyles of consumers encouraged them to prioritise convenience. Filipinos were attracted to the ease of preparation offered by products such as Kopiko and ... Read More
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Coffee in Vietnam
... Vietnam's economy started to struggle in 2023 with lower demand in key export markets weighing on its manufacturing industry, while there was an intense desire to keep the Vietnamese Dong stable at the expense of ... Read More
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Tea in the Philippines
... supported the expansion of green tea, consumption of which is valued for its antioxidant properties. In turn, players responded by offering a greater variety of products in modern retail channels such as hypermarkets and supermarkets, ... Read More
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Other Hot Drinks in the Philippines
... their physical workplaces, consumers showed a growing interest in consuming a hot, nutritionally-packed beverage that was convenient to prepare. Health and wellness concerns also had a positive impact on the market, especially malt-based hot drinks ... Read More
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Other Hot Drinks in Vietnam
... pandemic is over and consumers have returned to work and school. Retail sales of other hot drinks saw strong and stable growth during the pandemic as children were forced to study at home and thus ... Read More
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Tea in Vietnam
... 2023 with sales backed by the end of the pandemic and government efforts to stimulate spending, such as the decision to reduce VAT from 10% to 8% for the final six months of the year. ... Read More
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RTD Tea in Vietnam
... is thanks to the burgeoning health and wellness trend in Vietnam, with some consumers switching to the category from other soft drinks such as carbonates. In Vietnam, the majority of consumers believe RTD tea made ... Read More
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RTD Coffee in Vietnam
... tea, it nonetheless appears to still have plenty of potential with it seemingly fitting with the increasingly modern lifestyles of Vietnamese consumers. Consumers usually purchase RTD coffee as a convenient and indulgent option to drink ... Read More
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Other Hot Drinks in South Korea
... a product with limited diversification in taste, marketing communication plays a crucial role for brands. Since 2003, advertising for Dongsuh Foods’s Mite hot chocolate has been representative, spanning 15 years, and it is known for ... Read More
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Tea in South Korea
... to provide hydration. This is leading to growing sales of caffeine-free fruit/herbal tea, and grain teas such barley tea. Due to the successful positioning of herbal/fruit teas and grain teas as light and healthy drinks, ... Read More
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Hot Drinks in South Korea
... maintaining current value growth, while coffee is set to see stagnancy due to the contrasting forces of decline for instant coffee and growth for fresh coffee. Korean coffee manufacturers and food and beverage companies are ... Read More
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Coffee in South Korea
... or creating café-like experiences at home, whereby people have started using a coffee machine at home to brew and enjoy high quality coffee, as coffee consumption has become part of the daily routine. This has ... Read More
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RTD Coffee in Azerbaijan
... and the relatively low per capita consumption of coffee. Overall there is low consumer awareness of RTD coffee products with consumers largely drinking coffee in coffee shops or at home, rather than buying a takeaway ... Read More
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Hot Drinks in Azerbaijan
... continues to show robust volume growth despite the maturity of this category. There is a strong tradition of tea drinking in Azerbaijan, which keeps demand buoyant. However, there was a notable lack of innovations in ... Read More
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Tea in Azerbaijan
... in 2023, despite the high levels of inflation still impacting the country, because of the strong tea drinking traditions. Nevertheless, Azerbaijanis have been more price sensitive when buying many grocery foods and drinks in 2023, ... Read More
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Coffee in Azerbaijan
... Azerbaijan, consumption was boosted by a slowdown in retail price inflation, which benefitted sales in both the off-trade and foodservice channels. These trends have provided a much needed boost to horeca establishments in 2023, as ... Read More
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Other Hot Drinks in Azerbaijan
... to 2022. Overall, there were no other significant changes in the category with demand remaining quite stable for the main product, chocolate-based flavoured powder drinks. Children and youngsters have a keen interest in flavoured powder ... Read More
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RTD Tea in Azerbaijan
... capita consumption of RTD Tea lags behind that of other post-Soviet countries in the Asia Pacific region, such as Uzbekistan and Kazakhstan. The performance of this category is largely influenced by Baku Coca-Cola Bottlers Ltd, ... Read More
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RTD Tea in Japan
... the impact of the price increases, which began in 2022, was fully felt in 2023, and put a dent in volume sales. Many beverage manufacturers increased the shipment prices of their PET bottled products in ... Read More
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RTD Coffee in Japan
... the summer heat dragged down sales. In 2023, Japan experienced an extremely hot summer, recording temperatures over 35°C almost every day. In moderate heat, there is demand for RTD coffee for on-the-go consumption, but in ... Read More
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