date:Aug 21, 2015
5.4%. Hot tea, on the other hand, will only grow at a CAGR of 5.6% over the same period. Overall, hot coffee is forecast to gain market share in China, from 5.7% in 2014 to 8.4% in 2019, while the share of hot tea will decline.
According to Canadean, hot coffee is not only the fastest growing in volume, but also in value terms. The Chinese hot coffee market - worth US$2.1 billion in 2014 - is expected to reach US$4.5 billion by 2019. This means the value of the Chinese coffee market will increa