Global coffee supply could improve in three years as new plantations spurred by record high prices start producing, ...

The global coffee market size is calculated at USD 256.29 billion in 2025 and is projected to be worth around USD 381.52 ...

China’s biggest ... saturated American beverage market that’s constantly vying to identify the next Gen Z drink craze, Luckin ...

In 2023, the number of specialist coffee and tea shop outlets in China surged by 72%, surpassing the average growth in both Asia and globally. ... Why China’s coffee industry is booming.

Cotti Coffee, one of the fastest-growing coffee chains in China, recently announced an ambitious expansion plan to operate 50,000 stores by 2025, up from the current 10,000.

The coffee giant has more than 7,300 stores there, nearly 20% of its total footprint — making China its second-biggest market after only the US. It's targeting 9,000 stores by 2025.

China’s coffee market size reached $19.1 billion in 2023. Luckin’s Comeback The company had initially enjoyed rapid success, listing on the Nasdaq in May 2019 and achieving a $3 billion ...

What you need to know: Uganda’s ambassador to China, Ms Oliver Wonekha, emphasised the need for farmers to maintain consistency in coffee quality to meet the demands of the Chinese market Thank ...

For years, Starbucks was the dominant coffee chain in China. Now rivals offering local flavors and cheaper prices are crushing the company’s bottom line in its second-largest market.

With more than 17,000 locations across the country, Starbucks has the upper hand in the U.S. In China, however, the Seattle-based coffee giant lost its hold to Luckin in 2023, the Wall Street ...