This study focuses on China’s Coffee industry forecasts.
In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers for industrial and consumer products. Far outpacing other economies in the world, China is the world’s fastest growing market for the consumptions of goods and services.
The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer consumption and capital investment for over two decades. Rapid consolidation between medium and large players is anticipated since the Chinese government has been encouraging industry consolidation with an effort to regulate the industry and to improve competitiveness in the world market.
Although China has enjoyed the benefits of an expanding market for production and distribution, the industry is suffering from minimal innovation and investment in R&D and new product development. The sector’s economies of scale have yet to be achieved. Most domestic manufacturers lack the autonomic intellectual property and financial resources to develop their own brand name products.
This new study focuses on industry trends and forecasts with historical data (2009, 2014 and 2019) and long-term forecasts through 2024 and 2029 are presented. The primary and secondary research is done in China in order to access up-to-date government regulations, market information and industry data. Data were collected from the Chinese government publications, Chinese language newspapers and magazines, industry associations, local governments’ industry bureaus, industry publications, and our in-house databases.
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35 pages •
By Euromonitor International
• Dec 2020
On 13 March the first case of COVID-19 was confirmed in Guatemala and as early as 17 March 2020 the Guatemalan government took several measures to close the country in order to stop the spread of the virus. In the first weeks this resulted in high- and mid-income consumers stockpiling in order to avoid unnecessary trips to the supermarket. Hot...
40 pages •
By Euromonitor International
• Dec 2020
The outbreak of COVID-19 in Turkey, led to the government implementing strict regulations from 21 March 2020, when a curfew was put in place, non-essential retailers were closed, and on-trade establishments, including cafés, restaurants, and cinemas, shut their doors. On-trade closures is set to result in a high volume decline in foodservice...
44 pages •
By Euromonitor International
• Dec 2020
All categories of hot drinks, especially other hot drinks, saw an increase in retail demand in the early half of 2020, as consumers stockpiled goods such as coffee and tea during the COVID-19 pandemic. These products benefitted not only from stockpiling, but from consumers spending more time at home during lockdown. Hot Drinks in Finland...
37 pages •
By Euromonitor International
• Dec 2020
The Azerbaijani government moved to shorten foodservice opening hours on 22 March, before closing all foodservice outlets altogether on 29 March. Some outlets were permitted to reopen on 4 May, but these did not include those in the country’s biggest cities, Baku, Ganja, Sumgayit and Lankaran, where the rates of COVID-19 infection were still...
42 pages •
By Euromonitor International
• Dec 2020
Singapore’s government has implemented many measures, including a circuit breaker, when citizens worked and studied remotely, in an attempt to curb community transmissions of Coronavirus (COVID-19). The implementation of the circuit breaker encouraged consumers to stockpile goods to ensure supply for use during home seclusion. Stockpiling...
39 pages •
By Euromonitor International
• Dec 2020
As a result of the impact of COVID-19, off-premise consumption of hot drinks in Argentina plummeted in 2020. Initially, in response to the outbreak, many consumers began stockpiling, thus boosting volume until mid-April. However, consumption later started to decrease as a result of the major economic lockdown, rampant unemployment and reduced...
42 pages •
By Euromonitor International
• Dec 2020
COVID-19 has had a marked impact on demand patterns and purchasing behaviour in the Spanish hot drinks market in 2020. The closure of restaurants, cafés and bars during the lockdown aimed at containing the spread of the disease led to a dramatic decline in foodservice sales across hot drinks categories in the first half of the year. Hot...
39 pages •
By Euromonitor International
• Dec 2020
Tea, coffee, and other hot drinks are universally consumed products in India, and as a result retail sales were to some extent insulated from the impact of the pandemic. The end of the first quarter and the entire second quarter of the calendar year saw consumers stockpiling these products, as they wanted to make fewer trips to grocery stores...
39 pages •
By Euromonitor International
• Dec 2020
COVID-19 had a huge impact on hot drinks in Hong Kong in 2020. On the one hand, on-trade sales of hot drinks experienced a significant loss thanks to a number of measures to fight the coronavirus imposed by the government. In order to comply with the lockdown measures, on-trade outlets like cafés, cafeterias, teahouses and restaurants were...
39 pages •
By Euromonitor International
• Dec 2020
During the coronavirus (COVID-19) pandemic, cities and towns adopted closed-off management measures to prevent virus transmission. For consumer foodservice, the outbreak of COVID-19 during the Spring Festival in China had a severe impact on on-trade consumption as the vast majority of outlets had to shut down. Hot Drinks in China report...
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