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[Report]

Hot Drinks in China: A Market Analysis

Published: 2005/12

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Table of Contents

Abstract

The hot drinks market in China is probably the oldest in the world, the drinking of tea having been invented in China several centuries ago. Thus, the drinking of hot beverages is a long established practice in China, and the manufacturing of tea in particular is a well developed industry.

Coffee, on the other hand, is a relatively new product to China, having been introduced largely in this century. Coffee has become a fashionable drink, especially amongst the urban youth of China. However, just as trendy cafes have been springing up all over the main urban centres of China, traditional-style tea houses have also become fashionable. Not only is the fashion based around image, but there is a growing trend towards drinking healthier beverages, and the herbal qualities of traditional teas are becoming key selling points in the battle to win consumers over.

There has therefore been a resurgence in tea drinking concurrently with the rise in interest in drinking coffee. Both products are now becoming much more fashionable, and this is leading to a growth in new brands and the development of new products.

Not only are teas and coffees drunk hot, but cold varieties of coffee and tea are also becoming very popular, leading to these drinks becoming competitors in the lucrative soft drinks market, competing with the likes of Coca-Cola and Pepsi. This is such a significant trend, that companies such as Coca-Cola and PepsiCo are developing their own brands of cold teas in order not to lose out on this dynamic market.

Table of Contents

[Report]
Hot Drinks in China: A Market Analysis
Published: 2005/12
Published by : Access Asia Access Asia

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