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Friday 22 November 2024
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RTD iced-coffee demand driven by Millennials and Gen Z, says GlobalData

Desk3 -
MILAN – Iced and speciality coffee drinks have emerged as a hot beverage trend, with interest and demand for iced coffee drinks primarily driven...

Indonesian hot drinks sector to grow at 7.7% value CAGR through 2023, says GlobalData

Desk3 -
MILAN – The Indonesian hot drinks sector, which includes coffee, tea and other hot drinks, is forecast to grow from Rp30.1 trillion (US$2.1bn) in...
Tea

Hot tea emulates third wave coffee culture in the US, shows new report

Desk3 -
MILAN – When compared to the hot coffee category, hot tea in the US is still in its infancy. However, the category is benefitting...
Tea

Heytea revolutionizes Chinese tea market with differentiated formulation

Desk3 -
MILAN — Fusion tea drinks have emerged as a huge sensation among Chinese millennials due to their differentiated formulation and convenient packaging format. Against...

A majority of UK consumers (57%) say chocolate tax would stem consumption

Desk3 -
LONDON, UK — Following the introduction of a levy on sugary soft drinks in the UK earlier this year, it has been reported that...
Companies

Coffee shops in Mexico are booming says new survey from GlobalData

Desk3 -
MEXICO CITY – The taste for coffee is developing fast in Mexico and sales in coffee and tea shops are going to grow by four percent until 2021. According to a recent GlobalData survey, 61 percent of 25-34 year-olds visit a coffee shop more than once a week, and 55 percent of coffee shop visitors are women.

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