Consumption & Trends
Offering free coffee can help attract new customers. As Luckin and Tostao discovered, it can also bring businesses to the brink of collapse.
The invasion of Ukraine has had an impact on Russia's coffee sector in more ways than one.
Coffee sold through McCafé outlets reportedly generates more than $4 billion in annual sales in the US alone.
KFC sold a reported 170m coffees in 2021 and opened its first dedicated coffee kiosk in Shanghai last October.
Coffee industry celebrities have become prevalent as barista competitions have flourished. But some feel representation is far off the mark.
For more than three millennia, tea has formed an integral part of Chinese society. Are young people about to change it for good?
By 2025, nearly 60% of Egypt’s population will be considered “middle class" – and they're showing a growing appetite for high-quality coffee.
The “crossover” coffee shop model has been a driving force in the industry over the past two years.
The ICO estimates that just 8-10% of the coffee produced in El Salvador stays in the country.
In 2019, ten companies roasted 35% of the world’s coffee – how can smaller brands compete?
Only 13% of coffee roasters in the US are Latino-owned – companies like Mayorga Coffee are carving out new opportunities.
Miami has a deeply ingrained coffee culture built on community and Cuban-style drinks – what some consider to be the antithesis of specialty coffee.
Between the 1960s and 1990s, the FNC spent $1.3bn on marketing Colombian coffee – then the money ran dry.
The first Juan Valdez Café launched in Bogotá in 2002 amid low coffee prices. Today, it operates in 14 markets around the world.
Shanghai is home to nearly 8,000 coffee shops – the most for a single city.
Starbucks recently opened its 1,500th store in Latin America & the Caribbean – but is its appeal waning?
Kopi Kenangan was launched in 2017 to plug the gap between high-end speciality coffee and street stalls selling instant.
Death Wish Coffee pioneered the use of the term “world’s strongest coffee” – but, recently, brands have started distancing themselves.
The German government charges Kaffeesteuer on all roasted coffee imported and sold domestically – but is it at risk of stifling growth?
Tostao Café y Pan grew at breakneck speed, even overtaking Juan Valdez's coffee shops. Then, in 2020, it all came crashing down.