China has become the engine of the world coffee market
Data from the Beijing International Coffee Industry Association and the China International Trade Center show that China's coffee consumption is growing at an annual rate of about 15%, while world coffee consumption is growing at an annual rate of only 2%. Since 1998, per capita coffee consumption in China has been increasing at a rate of 30 per cent year by year, and the number of coffee shops in large and medium-sized cities is expanding steadily at a rate of 25 per cent a year. Beijing and Shanghai alone have a market capacity of more than 2000 coffee shops.
Industry statistics point out that at present, the total size of the global coffee consumption market is about 12 trillion yuan per year, of which the United States is the largest, about 3 trillion yuan. China's coffee consumption is currently about 70 billion yuan a year, but there is no doubt that it has the greatest prospect. The consensus in the industry is that it can reach 1 trillion yuan within 10 years and reach 2 trillion yuan to 3 trillion yuan by 2030, making it one of the most important coffee consumers in the world.
(responsible Editor: coffee Sound)
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Coffee Holding Company (hereinafter referred to as CHC) is an American family-run company, which was successfully listed in the third generation in 2005. It is one of the few professional coffee companies listed at present. The stock code of CHC is JVA (NASDAQ NASDAQ). CHC enjoys a very good reputation in the industry because of its share of the global coffee market and purchasing capacity
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Hong Kong's coffee imports have more than doubled in 10 years and the market prospect is attractive.
Ye Wenzheng, head of the judging committee of the Hong Kong Coffee Industry Association, said in Hong Kong on the 8th that in recent years, more and more Hong Kong people are pursuing a higher taste of coffee bean culture, and it is expected that more coffee shops will be opened in Hong Kong, making coffee more popular in Hong Kong. According to Ye Wenzheng, the amount of coffee consumed by Hong Kong people reached 12316 tons in 2011, an increase of 14% over the previous year, and in the first nine months of this year, even more than the same period last year.
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