Friday 19 April 2024
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Asia Pacific foodservice spending surpasses pre-Covid levels in 2024, coffee and tea shops boom

SINGAPORE, SINGAPORE – While consumer foodservice value nears pre-pandemic levels in 2024, dining-in at restaurants will not return to pre-pandemic level until 2028 in...

Euromonitor reveals the Top 10 Global Consumer Trends for 2022

CHICAGO – Global market research company Euromonitor International has released the highly anticipated “Top 10 Global Consumer Trends 2022” report. Euromonitor’s annual report defines...

Nescafé is the third largest megabrand behind Coca-Cola and Pepsi, says Euromonitor

MILAN — Nescafé is the world's third largest fast moving consumer goods (FMCG) brand behind Coca-Cola and Pepsi, according to a Euromonitor International survey...

Euromonitor International reveals five most promising coffee markets

SAO PAULO, Brazil – Global market research company Euromonitor International released today a new study “Five Most Promising Markets in Coffee”, identifying opportunities in...

Food&HotelAsia unveils Industry White Paper on Smart Innovations

SINGAPORE – Food&HotelAsia (FHA) announced the launch of an Industry White Paper in collaboration with Euromonitor International, to celebrate the event’s 40th anniversary. Titled: Smart...

Why Canadians drink more coffee than most people in the world

TORONTO, Canada – It's Friday morning at a Tim Hortons in downtown Toronto. The place is hopping with customers eager to get their caffeine...

World coffee market: global figures for 2017 put Asia way out in front

MILAN – If there’s one product taking the world by storm right now it’s coffee. And its characteristic aroma has clearly worked its magic, because the world has now woken up, as it were, to the fact that origins and crus are as important for the Coffea bean as they are for wine and olive oil.

Japan dominates APAC coffee market, says Euromonitor in its latest report

LONDON – Despite the fact that the Asia-Pacific region has the lowest spend per consumer, this region holds the number three position in the world’s coffee market (as one of the largest contributors). The position results from the increasing middle class and the large local population. As of 2016, each APAC consumer spent ...

Does domestic consumption pose a threat to Ethiopia’s coffee exports?

ADDIS ABABA, Ethiopia – According to a report by Euromonitor, Ethiopia is now one of the largest coffee markets in Africa with a rough estimate of 127,000 tonnes sold in 2015, which is a quarter of the total volume of coffee sold in the Middle East and Africa. The figure is comparable to those of much wealthier countries like South Korea and Russia.

McCafé is No. 3 coffee-shop brand

While eyes recently have been on its all-day breakfast and Big Mac, McDonald’s Corp. has been solidifying its position as a major coffee-shop operator. New...

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