Li Mei Foong
Nov 25, 2015

Keeping up with China’s caffeine buzz

As Chinese coffee consumers switch between fresh brews and instant coffee, competing brands are shaping each others’ long-term strategy.

Chains are doubling outlets; instant brands aren't quaking

In China, being seen enjoying a latte is as important as enjoying it. This mostly explains why global coffee chains are thriving in the traditionally tea-drinking country. It is not just coffee chainsthe whole market is growing at a brisk pace. Mintel, a global market research firm, expects the US$1.9 billion industry to leap to US$3.1 billion in next four years. Per capita consumption is still relatively lowabout five to six cups of coffee...

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