Business intelligence for the HORECA, OCS & Vending markets
CHINA – Starbucks expects to open 2,500 new stores over the next five years, as part of an expansion which will eventually see China become the company’s biggest market. Even if Chinese GDP growth falls below 7% and the market sentiment has turned hostile, the Chinese consumers demanding of high quality products has not changed. According to Financial Review, given coffee is the ultimate
ASIA – World robusta coffee demand is expected to grow in the coming months, driven by rising consumption in emerging economies, and will sharply outpace stagnant demand for arabica, according to JakartaGlobe that reported a Reuters news. Consumers in emerging economies, notably in Asia, are driving demand growth for robusta, used in cheaper instant coffees, while demand for arabica beans, blended
FRANCE – The opening of own brand stores has been the distribution strategy of the coffee machine leading companies in recent years. In their stores the coffee roasters can sell their products and communicate their imagine of quality. Recently, the global economic crisis has stopped most of new opening activities and the companies focused more to expand and strengthen their distribution
Europe – The economic crisis and the delay in new investments have deeply hit the European market for professional coffee machines that has become weak in recent years. In Europe, the large slice of business is linked to spare parts and services. Overall the market for coffee machines has increased slightly over the last years, above all between 2013 and
KOREA – Koreans consume more coffee than their staples rice or kimchi, according to the Ministry of Agriculture, Food and Rural Affairs, but the cost of a cup of black coffee differs up to W1,700 (1,29 €) from one chain to another. Coffee franchises (Angel-in-Us, Caffé Bene, Coffee Bean & Tea Leaf, Ediya, Holly’s, Starbucks, Tom&Toms) have mushroomed across the nation
CHINA – The number of Western-style cafés on the main streets of Chengdu in central China is increasing on a seemingly daily basis, just as it is in major cities across the country, where both foreign and local coffee shops are fiercely competing in the race to open new outlets, Nikkei Asian Reviews reported. The effect of changing tastes by Chinese people means that
Italy and the U.S.A are two of the most important countries for number of Espresso machine manufacturers. Italy is leader in Europe with about 40 big companies and, in America, the USA is one of the main market with about 10 big manufacturers. Professional espresso coffee machines can be split into: Traditional espresso coffee machines Require a trained barista; Require the
According to The Telegraph, a coffee crisis could hit the UK within 3 to 5 years because of the spread of artisan and chain coffee shops across the UK, an higher consumption and a finer tastes of coffee that have created a structural imbalance between supply and demand. The UK consumers have been drinking high quality coffee, basically arabica, that
If Southern Europe is the most interesting market in terms of quantity of Espresso coffee machine sold, the largest market for filter coffee machines demand in the Old Continent is Central Europe (where Germany plays a fundamental role) which represents 72%, followed by Western Europe with 23.2% (where the leading country is the United Kingdom). Buy the most detailed report on the