Coffee review

Coca-Cola can't sell coffee without one.

Published: 2024-11-17 Author: World Gafei
Last Updated: 2024/11/17, Coke sells coffee. Although this tiny spark cannot be the butterfly that incites great changes in the beverage market, it will also bring a gust of wind to the giants in the carbonated drinks industry. Whether it will be a tornado or a gentle breeze will be determined by consumers' preferences and preferences. 1 take the coffee road again this time it is tailor-made to give up the delicious instant coffee market in mainland China.

Although Coke sells coffee, this tiny spark cannot be the "butterfly" that incites great changes in the beverage market, but it will also bring a gust of wind to the giants in the carbonated drinks industry. Whether it will be a tornado or a gentle breeze will be determined by consumers' preferences and preferences.

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Go back to the coffee road and make it tailored this time.

Coca-Cola, which once abandoned the ready-to-drink coffee market in mainland China, killed Huima and brought its Joya Coffee to the mainland market. According to Coca-Cola, as one of its 17 brands with annual sales of more than US $1 billion, Qiaoya has been in Seoul, Hong Kong, Tokyo and other markets for many years, and began to list in mainland China at the end of September. Guangzhou, Foshan, Fanshun, Huacong and Shaoguan are all listed in Guangdong Province. According to Coca-Cola's wishes, Qiaoya is mainly aimed at middle-income young white-collar workers. They believe that emerging white-collar workers and urban population communities need a greater variety of beverage choices.

Nine years ago, the carbonated beverage giant was involved in the ready-to-drink coffee business, when its partner was Nestl é. In 2001, Nestl é and Coca-Cola established a joint venture "Global Beverage Partnership" (BPW), each holding 50% of the shares. Coca-Cola is mainly responsible for distribution and production, and Nestl é is responsible for product design, research and development and brand support. In 2005, two major beverage companies joined hands to enter the ready-to-drink coffee market.

However, consumers did not even see the product, and the two partners chose to break up in 2006. However, this "marriage", which ends in separate ways, is regarded by the industry as a "lost horse" experience: understanding the preferences of domestic consumers and mastering sales channel resources have laid the foundation for the giant's comeback.

Indeed, this time Coca-Cola is prepared, according to Coca-Cola: the two flavors on the market are tailor-made for Chinese consumers. Consumer test results show that the "Luzhou-flavor classic" taste has a significant advantage in terms of overall preference and purchase intention. Among the mainstream milk flavors in today's market, "mellow latte" has a higher preference.

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The small volume market is growing by 30% a year.

Ready-to-drink coffee can win the attention of the beverage giant Coca-Cola, which is enough to see its development prospects in China, according to Xiang Jianjun, a food industry researcher who is a consultant to CIC.

From 2009 to 2013, the compound growth rate of ready-to-drink coffee in China reached 34.2%. Compared with this growth rate, Xiang Jianjun analyzed that it was mainly due to the gradual cultivation of the domestic coffee market, as well as the increase in the number of returnees and overseas travelers. At present, the participants in the domestic ready-to-drink coffee market are Nestl é, Starbucks, Unification, Brown, Master Kang, Kirin and so on. In particular, Nestl é and Unification confessed to Jianjun that these two brands have developed in the domestic ready-to-drink coffee field for many years and have a high market share and a good market foundation.

In addition, "high price and small quantity" has become an embarrassment for the ready-to-drink coffee market. Zhu Danpeng, a researcher at the China Academy of Food Commerce, once publicly told the media that although the overall sales volume of ready-to-drink coffee has maintained an annual growth rate of more than 30%, it accounts for less than 2% of the beverage industry as a whole.

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