Indians Consumed $1.5 bn Worth Coffee Outside Home in 2024
6 days, 13 hours ago

Indians Consumed $1.5 bn Worth Coffee Outside Home in 2024

Deccan Chronicle  

Chennai: Indians spent $1.5 billion to consume coffee outside their homes in 2024. As the affluent are increasingly acquiring the taste of the brew, premium coffee consumption is growing faster and is estimated to grow the out-of-home coffee market to $3.2 billion by 2028. Coffee becoming a lifestyle and experiential product among urban consumers, the out-of-home coffee market is on an exciting growth trajectory, evolving into a dynamic, multi-segment beverage industry. The premium segment of coffee priced above Rs 200 currently has 46 per cent share of the market. On the other hand, mid-segment will have a bigger share of 8-10 per cent and premium segment will see the fastest growth to grab 55-60 per cent share of the market.

Market Cent Segment This Segment Indians Consumed Coffee Outside  cent  coffee  outside  indians  consumed  2024  15  market  share  segment  bn  rs  billion  premium  worth  consumption  priced

History of this topic

Coffee prices haven't been this high in 47 years
3 weeks, 4 days ago

Coffee prices haven't been this high in 47 years

NPR  

Coffee prices haven't been this high in 47 years Coffee prices on the futures market hit a 47-year high last week. AYESHA RASCOE, HOST: We don't want to alarm you coffee drinkers on this fine morning, but the price of coffee on the futures market broke a nearly 50-year record last week. And it doesn't help that this week, one …

Coffee prices hit record high after bad weather
4 weeks, 1 day ago

Coffee prices hit record high after bad weather

ABC  

Global coffee bean prices have soared to their highest level in nearly half a century due to bad weather in major coffee growing regions. Brazil, the world's largest coffee producer, faced a record-breaking drought this year, which has raised significant concerns for incoming crops amid already tight supplies. Meanwhile, in Vietnam, which produces some 40 per cent of the robusta …

Have you ever tried tea for Rs 1 lakh? THIS Dubai-based Indian cafe serves 'Gold Tea' for AED 5,000
1 month, 2 weeks ago

Have you ever tried tea for Rs 1 lakh? THIS Dubai-based Indian cafe serves 'Gold Tea' for AED 5,000

India TV News  

Chai' or 'tea' is a popular beverage in India. Recently, a Dubai-based Indian cafe caught the attention of the netizens by offering tea at the cost of Rs 1 lakh. 'Gold Karak Tea' sparking curiosity and controversy A Dubai-based cafe owned by Indian-origin entrepreneur Sucheta Sharma has gained attention for its extravagant beverage, 'Gold Karak Tea' worth AED 5000—approx. The …

$344 for a coffee? Scottish farm is selling UK’s most expensive cup
1 month, 2 weeks ago

$344 for a coffee? Scottish farm is selling UK’s most expensive cup

Associated Press  

LONDON — It’s an enormous price to pay for a little cup of coffee, but the man behind the pitch promises it won’t leave a bitter taste behind because it comes with a sweetener: a share of a dairy farm. Investors who buy 34 shares in the farm get a certificate for a flat white that can be redeemed starting …

Coffee Market Redefines Itself as Brands Focus on Quality and Value
Top News
2 months, 1 week ago

Coffee Market Redefines Itself as Brands Focus on Quality and Value

China Daily  

Major players in China's coffee market are shifting their strategies to stay competitive. Shifting away from price-focused tactics to a quality-driven approach, brands like Cotti Coffee, Luckin Coffee, Tims China and Starbucks are finding unique ways to capture market share in a rapidly expanding sector.

Coffee Market Redefines Itself with Quality-Driven Approach
2 months, 1 week ago

Coffee Market Redefines Itself with Quality-Driven Approach

China Daily  

Major players in China's coffee market are shifting their strategies to stay competitive. Shifting away from price-focused tactics to a quality-driven approach, brands like Cotti Coffee, Luckin Coffee, Tims China and Starbucks are finding unique ways to capture market share in a rapidly expanding sector.

Coffee Market Redefines Itself: From Price to Quality, Brands Adapt to Stay Competitive
2 months, 1 week ago

Coffee Market Redefines Itself: From Price to Quality, Brands Adapt to Stay Competitive

China Daily  

Major players in China's coffee market are shifting their strategies to stay competitive. Shifting away from price-focused tactics to a quality-driven approach, brands like Cotti Coffee, Luckin Coffee, Tims China and Starbucks are finding unique ways to capture market share in a rapidly expanding sector.

Coffee Exports Soar as India Preps for EU Deforestation Regulations
2 months, 2 weeks ago

Coffee Exports Soar as India Preps for EU Deforestation Regulations

Deccan Chronicle  

India's coffee exports have seen a significant surge this year, with exports reaching a record high of Rs 11948 crore. This surge can be attributed to several factors, including the increased demand for coffee in the international market due to the implementation of European Union's deforestation regulations, which prompted exporters to frontload their shipments to the European markets. The higher …

‘What are you, an idiot?’ Shark Tank’s Kevin O’Leary calls out people for splurging money on food orders
3 months, 4 weeks ago

‘What are you, an idiot?’ Shark Tank’s Kevin O’Leary calls out people for splurging money on food orders

Live Mint  

Shark Tank star Kevin O'Leary has sparked a debate with his blunt remarks on people's spending habits, particularly regarding expensive coffee and food orders. According to reports, around 12 per cent of Americans go to coffee shops every day, whereas about 36 per cent go to a coffee shop once a week. On average, Americans spend $21.3 on coffee shops …

The happy, hopeful coffee farmers of Karnataka
7 months, 3 weeks ago

The happy, hopeful coffee farmers of Karnataka

The Hindu  

Sanketh Appaiah, a young coffee planter in a village near Madikeri in north Kodagu, is now the proud owner of a new SUV thanks to the rising prices of coffee over the past three months. For the first time in 15 years, the coffee price has increased, helping me to fulfil my plan of buying a new SUV this year,” …

Australians drinking more instant coffee as cost of living pressures mount for customers and cafes
7 months, 3 weeks ago

Australians drinking more instant coffee as cost of living pressures mount for customers and cafes

ABC  

In short: Cost of living pressures are not stopping Australians from drinking coffee, but they are changing our consumption habits. As the day wears on though, consumers are moving away from cafes and toward cheaper alternatives like instant coffee for a caffeine hit. "When you ask someone about their coffee consumption and they want to rein it in, they're not …

Think your $5 flat white costs too much? It's actually too cheap
9 months, 1 week ago

Think your $5 flat white costs too much? It's actually too cheap

ABC  

Even in a stubborn cost of living crisis, it seems there's one luxury most Australians won't sacrifice — their daily cup of coffee. Coffee is relatively cheap in Australia Our recent survey of Australian capital cities found the average price of a small takeaway flat white at speciality venues is $4.78. Source: Pablo and Rusty's Coffee Roasters Over the past …

Robusta coffee price touches all-time high amid global shortage
9 months, 2 weeks ago

Robusta coffee price touches all-time high amid global shortage

The Hindu  

Robusta coffee farmers in South India are jubilant post-harvest with their produce fetching an all-time high price. The farmgate price of raw Robusta coffee berries touched a record ₹172 per kilogram in the Wayanad market on Saturday, as against ₹115 per kg during the same period last year. Meanwhile, the spot price of Robusta coffee beans stood at ₹315 per …

Soaring takeaway latte prices trigger coffee machine sales boom
1 year ago

Soaring takeaway latte prices trigger coffee machine sales boom

The Telegraph  

The soaring cost of takeaway coffee has caused an upsurge in demand for at-home espresso makers. Alex Baldock, chief executive of Currys, said shoppers were increasingly making coffee at home because of higher prices at chains. They want their coffee at home, which is good for ‘bean-to-cup’ coffee machines.” Sales of coffee machines during the two weeks leading up to …

Price for cup of coffee falling, but only in big cities
1 year, 4 months ago

Price for cup of coffee falling, but only in big cities

NL Times  

Nationwide in the Netherlands, the price for a cup of coffee increased by 3 percent compared to 2022. However, in the large cities, coffee prices dropped by around 6 percent, according to the annual coffee survey by the catering trade magazine Misset Horeca. “It may be due to the group of respondents, but it may also be that guests no …

A crisis is brewing in the Indian coffee industry
2 years, 2 months ago

A crisis is brewing in the Indian coffee industry

The Hindu  

Bose Mandanna was devastated when torrential rains in September thrashed the coffee plants in his plantation and left tender berries and leaves strewn everywhere. “Coffee growers are facing a severe financial crisis due to the vagaries of nature.” The KPA expects this year’s production to be down by 35%. This is rapidly turning out to be a buyer-driven commodity market,” …

Price of Robusta coffee touches all-time high as Brazilian production declines
2 years, 3 months ago

Price of Robusta coffee touches all-time high as Brazilian production declines

The Hindu  

Lending fresh hopes to coffee farmers, the price of the Robusta variety of coffee has reached an all-time high, thanks to a sharp decline in production. The farm gate price of raw Robusta coffee berries touched a record ₹106 a kg in Wayanad market on Friday, as against ₹80 a kg during the corresponding period last year. The State government …

Nescafé Original instant coffee soars to almost £9 in some supermarkets
2 years, 5 months ago

Nescafé Original instant coffee soars to almost £9 in some supermarkets

The Independent  

Sign up to IndyEat's free newsletter for weekly recipes, foodie features and cookbook releases Get our food and drink newsletter for free Get our food and drink newsletter for free SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Nescafé instant coffee is the latest product to be affected …

Why the cost of a cup of coffee is soaring
2 years, 10 months ago

Why the cost of a cup of coffee is soaring

The Telegraph  

Milly Barr has been running her coffee shop and roastery for nearly a decade, serving up brews to visitors wandering through Oxford’s covered market. But the entrepreneur behind Colombia Coffee Roasters now fears some loyal customers could be driven away when she is forced to put up prices due to a plethora of surging costs. The sandwich shop chain has …

Soaring cost of coffee beans set to be filtered through to customers
3 years, 1 month ago

Soaring cost of coffee beans set to be filtered through to customers

The Telegraph  

Coffee shops relieved by returning demand from office workers face a new challenge as fears of a poor harvest in Brazil, the world's top producer, drives the price of beans to its highest level in a decade. On top of those problems, coffee exporters are dealing with hold-ups across global supply chains along with the soaring cost and low availability …

On-premise outlets banking on social networking to expand presence, sales
3 years, 8 months ago

On-premise outlets banking on social networking to expand presence, sales

China Daily  

A customer views the new Starbucks Now service, which allows consumers to share one's coffee preferences with friends through WeChat, on her cellphone. The company said it would invest 2.5 billion yuan over the next three years to accelerate expansion in the Chinese mainland market by adding new shops, boosting deliveries and diversifying snack offerings. Costa Coffee, which has been …

China's coffee consumption upgrading speeds up industrial layout
4 years, 8 months ago

China's coffee consumption upgrading speeds up industrial layout

China Daily  

The world's biggest Starbucks store, Coffee Wonderland, is located in Shanghai. Coffee lover Zhao Xiaotong rushed to a Starbucks store when the coffee brand resumed business in Nanjing, capital of East China's Jiangsu province. Nowadays, coffee consumption is also growing rapidly in China, turning the traditionally tea-drinking country into one of the world's most promising markets for the coffee industry. …

China's coffee consumption upgrading speeds up industrial layout
4 years, 8 months ago

China's coffee consumption upgrading speeds up industrial layout

China Daily  

The world's biggest Starbucks store, Coffee Wonderland, is located in Shanghai. Coffee lover Zhao Xiaotong rushed to a Starbucks store when the coffee brand resumed business in Nanjing, capital of East China's Jiangsu province. Nowadays, coffee consumption is also growing rapidly in China, turning the traditionally tea-drinking country into one of the world's most promising markets for the coffee industry. …

The real reason why India has a high-cost economy
5 years, 3 months ago

The real reason why India has a high-cost economy

Deccan Chronicle  

Brookfield Place in Manhattan, New York, is a trendy office building-cum-mall situated right across the road from the World Trade Centre. Back home in Greater Noida, a suburb of New Delhi, our local Café Coffee Day has just hiked prices: a cup of regular coffee now costs about Rs 150, which is a little over $2. A Rs 150 cup …

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