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
Category: Events & Press Release
Coffee demand: China to reach 200,000 tons in 2020?
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
Is a coffee crisis coming soon? Leave your opinion
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
Keurig Green Mountain to be Acquired by JAB Holding Company
Dec 2015 – News from the North American coffee market. According to BBC Business, the German investment firm JAB Holding will acquire Keurig Green Mountain, specialised in K-cups single-serve coffee pods, becoming the biggest player in the North American single-serve coffee pod market. JAB has invested heavily in the US coffee market: it bought Caribou Coffee Co and Peet’s Coffee & Tea in
UK: new trends and new opportunities for coffee machine brands
The UK coffee machines market is one of the most dynamic in the European scenario. Compared to other countries, it presents a lower concentration in terms of number of manufacturers and a less power of coffee roasters in the distribution chain. However, the competitive rivalry in very high as well as the substitute products in the market. The hospitality industry,
South Korea under the microscope
Cafe Show 2015, the 15th international and the largest annual exhibition of South Korea’s coffee industry, registered the presence of about 360 enterprises from 35 countries and about 100,000 visitors, as reported by VietnamNews. It confirmed that South Korea is a potential market for coffee exports, with a total consumption of coffee valued at US$4 billion in 2012, the 11th largest consumer of coffee in