According to a recent report by London-based market research firm MINTEL, over the past 2 years Asia is gradually being seen as a promising region for the global coffee market. Weighing in at 304000 tonnes and 268000 tonnes respectively, Japan and Indonesia were included in the top 5 global markets by retail volume. In the coming years, expect to see more countries from Asia Pacific climbing higher on this list. Vietnam and the Philippines are expected to be among the top 5 fastest growing coffee retail countries in the world with Indonesia expected to have a staggering compound annual growth rate of 11.4%.
Jonny Forsyth, Associate Director, Mintel Food & Drink said: “Asia has great growth potential when it comes to coffee, with consumption continuing to rise across the region. Coffee culture has surged in Asia with more and more specialty coffee houses setting up shop in countries like Japan, Singapore, and Indonesia.” In Japan we have several cafes embracing their online presence too. Watanabe Coffee (http://w-coffee.asia/) and Antoshimo Café & Bakery (https://www.antoshimo.asia/) are two such examples, showcasing the origins of their coffee and their menus too.
Another great showcase of the rise of the Asia Pacific coffee industry is the World Barista Championship. Over the past 5 years, the events have been held in the region twice (Melbourne in 2013 and Seoul in 2017) and the winners have come from Asia Pacific three times (Japan in 2014, Australia in 2015 and Taiwan in 2016). There are plenty of learning opportunities in the region too. The Barista and Coffee Academy of Asia (http://www.coffeeschool.asia/) based in the Philippines is a technical training institute focusing on the growing demand of coffee industry in the region. They are the only school in the country that is affiliated with an international coffee business school. Torch Coffee (http://www.torchcoffee.asia/) based in China is another living testament to the huge demand for specialty coffee in Asia.
The coffee culture in the Asia Pacific region is definitely on the rise and with more folks in the region going online to search for cafes and classes, having a .Asia extension presence in Asia for your coffee business is a great way to launch yourself into the regional stage.
This.Is.Asia Newsletter Issues
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Go.Asia supports Jockey Club PolyU Human Libraries Hub for Asian Social Inclusion & Sustainability
The recent launch of the Jockey Club PolyU Human Libraries Hub, operated by universities and community partners, aims to support both the education sector and the public to deepen their understanding about 100+ human stories in Asia. The lens will be focused on...
Nepal – The first country to double tigers!
I am so proud to see my birthplace has become the first country to achieve WWF’s Tx2 goal – to double the number of wild tigers by 2022 – the next Chinese year of the tiger. The wild tiger population has jumped from 121 in 2009 to 235 in Nepal as of September 2018.
PROUD of your Asian heritage? So are we!
It’s been inspiring to read the outpour of support for Asian representation in Western pop culture since the Crazy Rich Asians movie’s blockbuster success this August. Dubbed as #AsianAugust, the summer of 2018 has seen more Asian actors celebrated in Western media than ever before. From the big screen to small screen, from movies such as ‘Searching’ starring John Cho; to Netflix’s ‘To All the Boys I’ve Loved Before’ starring Asian teenager Lana Condor; to Canada’s ‘Kim’s convenient store’; Asian actors dominated conversations regarding diversity and representation in the West.
B2B E-Commerce making strides in Asia Pacific
B2B E-Commerce market taking off in Asia Pacific!