China
Ceremonial to TikTok Trending: The Evolution of Matcha
Steeped in centuries of traditions and rituals and once considered a drink only for the Japanese elite, matcha has since become a mainstream consumer product, both in its origin country of Japan and further afield to the US and UK. By Kathryn Brand
Advances in bio-pesticides and reduction in chemical pesticide usage
China is reducing its dependence on chemical pesticides by adopting the use of safer, greener bio-pesticides. The strategy, which is showing success, has potential for the global tea industry. By Jason Walker
China’s dominance in tea shows no signs of waning
Amidst a year of increasing global tea production and decreasing exports from producing countries, China continued to lead the pack in production while also taking the second spot in exports. By Jason Walker
Promising new green tea markets offset maturing ones
Although consumption in China and Japan has declined over the past few years, it has been offset by consumption growth in new markets such as Africa, India, Europe and North America. By Eugene Gerden
Branded coffee shop market sees grow
Project Café East Asia 2024, World Coffee Portal’s analysis of the East Asian branded coffee shop market, reveals the total segment grew 24%.
HEYTEA debuts into US market in NYC
With this opening on Broadway, HEYTEA seeks to revolutionise the way that new-generation tea products are created and enjoyed in the US.
Fake cake: the business of counterfeit pu’er teas
Known for their exquisite character, authentic pu’er teas can be pricey, leading to the emergence of counterfeit pu’ers. While counterfeit pu’ers is a lucrative and detrimental business in China, the impact globally is not clear. By J.W. Kaler
Buds to bolster the demand for flavoured tea
Sales of flavoured teas – both Camellia sinensis and botanical/herbal-based – are booming as the variety of offerings seems endless, which caters to consumers ever-changing palates. Couple that with the numerous functional, health, medical benefits, and the result is a category with continued strong global growth potential. By Divakar Kolhe
Starbucks Q3 2023 net revenues rise 12% to USD $12 billion
Starbucks’ Q3 consolidated net revenues grew 12% to USD $9.2 billion with Q3 international comparable-store sales rising 24% thanks to a 46% surge in comp-store sales in China.
Coca-Cola’s 2Q 2023 EPS Surge 34%, Net Revenues Rise 6%
During its second quarter, Coca-Cola’s coffee business grew 5% while the tea business inched up 1%, and the company strengthened its sustainability commitment.
White teas: A true Chinese delicacy
Elegant, rare and exclusive, China’s white teas are a small, highly sought after and pricey category, whose appeal is growing among consumers around the world. By Barbara Dufrêne.
Nestlé to host dairy-alternatives webinar
Nestlé is hosting a webinar for coffee professionals to better understand plant-based dairy alternatives as more people opt for a plant-based alternative in their morning latte.
Nescafé launches soluble cold coffee
Nescafé is launching Ice Roast, the brand’s first ever soluble coffee designed especially for consumption with cold water or milk, over ice.
Green tea makes global share gains
The global green tea market continues to trend in a positive direction, with signs of further development. The evidence supporting green tea’s improved status can be seen in areas of production, exports, and consumption in major domestic markets. By Jason Walker