Ashley Dudarenok 艾熙丽’s Post

For those who enjoy a tipple, Asian alcoholic drinks are no longer a niche interest. Traditional beverages like baijiu and soju are experiencing a surge in popularity, driven by both established and emerging brands. The dominance of Chinese baijiu is undeniable. With a whopping 69.4% value share among the top 50 global spirit brands in 2023, Chinese baijiu brands like Moutai China are leading the way. This fiery spirit, known for its strong aroma, has seen its value grow by 16% in the past year alone! While baijiu dominates in terms of value, South Korea's soju takes the crown for volume sales. Jinro, marketed as the "World's #1 Soju", holds the title of reigning champion, according to The Spirits Business' Brand Champions 2023 report. The rise of premium Asian alcohol brands indicates a growing global appreciation for diverse flavour profiles and traditional brewing methods. With established players expanding their reach and new brands emerging, the future of Asian alcoholic drinks is bright. #AsianDrinks #AlcoholicBeverages #GlobalMarket

🧋Ever tried the wildly popular bubble tea? This iconic drink from #Taiwan is a daily staple for many Taiwanese! Just how much do Taiwanese love hand-shaken drinks? As of March 2024, Taiwan has about 2.2K drink shops, meaning there is one for every 1,000 people. That's some serious bubble tea love! Taiwan's passion for hand-shaken drinks has built a comprehensive industry, from sourcing the best tea and tapioca pearls to creating smart processing machinery and streamlined store operations. The high standards of Taiwanese taste are reflected in our top-notch food industry. From manufacturing quality equipment to developing tasty food products, it's all about Taiwan's dedication to good food. Explore more innovations and diversity at the Food Taipei Mega Shows 2024, running from June 26-29 at TaiNEX 1 & 2: https://lnkd.in/eWsFkiyZ Keep up with TAITRA Global (Taiwan External Trade Development Council) and never miss out on Taiwan's quality products! #innovation #foodtech #FoodTaipei

🚀 Vietnam Coffee Industry: Strong Progress in the 2022-2023 Crop Year! "🌱 Overcoming challenges, Vietnam's coffee industry has achieved remarkable achievements in the 2022-2023 crop year. With a total export of 1.66 million tons, generating a turnover of 4.08 billion USD, the coffee industry not only setting a price record but also marking outstanding development. 📈 Coffee prices have hit their highest level in nearly 30 years, a testament to the efforts and desire of Vietnamese manufacturers to rise. Robusta coffee still dominates, but the coffee industry is constantly innovating, from focusing on quality to expanding the market. 🌍 An outstanding step forward is the birth of Phuc Sinh's K Coffee, which is gradually dominating the US market and soon Europe, Japan, Australia and New Zealand from December 2023. This expansion not only brings new opportunities for Vietnamese coffee brands but also affirms Vietnam's position on the world coffee map. 🌿 Looking to the future, the coffee industry is facing many challenges such as climate change and new regulations from the EU. However, with strong transformation, from product quality to market strategy, along with domestic and international cooperation and investment, Vietnam's coffee industry promises to continue to make steady progress. sure. Join us, Project Shipping VN, to follow the promising journey of Vietnam's coffee industry! ☕💪" Article link:https://lnkd.in/dzqsfgKk —------------------------------------------ 🚢Project Shipping 🚢 We Build Trust Through Service Quality Leading reputable enterprise in Vietnam in the field of Marine Transportation and Logistics 🏢Office: 182/4 Ha Huy Giap, Thanh Loc Ward, District 12, City. HCM. ☎Hotline: 0901.835.553 📩Email: sales2@projectshipping.vn 🌎Website: https://projectshipping.vn ❇️ WCA ID: 135393 #Projectshipping #logistics

The soda market in China is experiencing significant growth due to the increasing wealth of the Chinese population and their growing consumption of Western products. Despite China being known for its tea culture, the demand for soda is rapidly rising, potentially making it one of the largest industries in the country in the future. Traditionally, carbonated soft drinks, and fizzy drinks have been popular, but there is now a growing demand for healthier alternatives such as low-sugar or sugar-free options, flavored water, yogurt drinks, unflavored mineral water, infusing water, and functional beverages. This shift towards healthier choices has opened up new opportunities for both local and international soda brands. According to a survey, Sprite, Pepsi, and Coca-Cola are the most popular soda. Revenue in the Soft Drinks segment amounts to US$41.48 billion in 2023. China has one of the biggest bottled water markets in the world, and it is expected to reach USD 76.2 billion by the year 2027, growing at a CAGR of 7.6% in the forecast period. Check our article for more insights: https://lnkd.in/dmUNXi8c Or contact me if you'd like to introduce your brand in China! #softdrinks #foodandbeverage #chinesemarket #china #marketingtochina

Hello Durian lovers! Do you love coffee too? Then here is some interesting news. If you’ve been to Vietnam, you know how good their coffee is and how important and proud they are of it. Their cute little coffee shops are amazing, offering a wide variety of coffee drinks, including the famous egg coffee made with Robusta beans. Vietnamese durian exports to China surpassed $2 billion in 2023, more than five times the previous year. With this increase in popularity for durian fruit in China, many coffee farmers in Vietnam have switched to durian cultivation-also partly due to dry weather. Vietnam's coffee production totaled 29 million 60-kilogram bags between October 2022 and September 2023, down 9.8% year-on-year. This trend comes amid a greater supply crunch stemming from the El Nino weather phenomenon, which has caused drought in Southeast Asia. Consumption in Southeast Asia's coffee-producing countries used to be largely of low-grade beans not suited for export. But with the proliferation of Starbucks and other coffee shops, local demand for high-quality beans is growing. #Vietnam #Exports #China #Durian #Coffee #Agriculture #ElNino #SupplyChain #MarketTrends #SoutheastAsia

Ceylon Tea & Golden Arches In recent years, Sri Lanka has been actively engaged in positioning itself as a hub of quality produce, with Ceylon Tea at the forefront. The inclusion of this famed tea on the menu of McDonald's China one of the world's largest food chains operating in the most populous country globally, amplifies Sri Lanka's presence and impact on the international market. The Belt & Road Initiative Sri Lanka (BRISL) rightly termed this move as "small steps but a big leap forward." on their social media platform X according to Daily Mirror. It's more than just tea finding its way into a menu; it's a testament to Sri Lanka's rich heritage, quality, and its ability to captivate global consumers. The association of Ceylon Tea with a colossal multinational giant like McDonald's holds immense potential for Sri Lanka's economy. McDonald's  market cap of over US $ 210 billion in China opens doors for substantial economic gains for Sri Lanka. This move has the potential to inject thousands of dollars daily into the Sri Lankan economy, making a significant impact on the nation's economic growth. Beyond the immediate economic boost, this collaboration serves as a stellar example of how a country's brand image can be uplifted through its renowned commodities. It showcases the success of strategic branding initiatives, positioning Sri Lanka not just as a producer but as a purveyor of quality and authenticity. The worldwide reach of McDonald's introduces Ceylon Tea to a vast and diverse audience, paving the way for increased visibility and familiarity with Sri Lanka as a top-notch  tea producer. This presents an opportunity to further capitalize on the country's unique offerings and strengthen its global reputation as a provider of premium tea. As Sri Lanka continues to position itself on the global market, collaborations like these serve as vital stepping stones, transcending borders and enhancing the nation's image worldwide. The inclusion of Ceylon Tea in McDonald's China menu isn't just about a beverage; it's a symbol of Sri Lanka's journey toward becoming a recognized global brand synonymous with quality and excellence. #NationBranding #CeylonTea #SriLanka #McDonaldsChina #BeltandRoadInitiative

☕️ China is now the coffee king! ☕️ #CoffeeKing #ChinaTopsUS #CoffeeRevolution #LocalChainsThrive #MiddleClassCoffeeBoom #ChangingTastes #ConvenientCoffeeCulture #GlobalCoffeeFuture #80kCoffeeShops #CoffeeForEveryone China has officially overtaken the United States as the world's largest branded coffee shop market, with a staggering 49,691 outlets compared to the US's 40,062. This massive growth, fueled by local chains like Luckin Coffee and Cotti Coffee, represents a 58% increase for China in just the past year! What's driving this coffee craze? Growing middle class: China's booming economy has created a large and increasingly affluent middle class with more disposable income for luxuries like coffee. Changing tastes: Chinese consumers are developing a taste for Western-style coffee drinks, moving away from traditional tea. Convenience and technology: Coffee chains offer a convenient and familiar experience, often with mobile ordering and delivery options. What does this mean for the future of coffee? China's coffee market is expected to continue its rapid growth, with some predicting it could reach 80,000 outlets by 2025. This shift will likely have a significant impact on the global coffee industry, with China playing a major role in shaping future trends and tastes. **Are you surprised by China's coffee revolution? Let me know in the comments below! ** #coffee #China #USA #LuckinCoffee #CottiCoffee #coffeeindustry #globaltrends #futureofcoffee

This #MapMonday we looked into the Western-style fast food chains in China 🍦 Western-style fast food in China experienced a slowdown in market growth from 2017 to 2019, with negative growth in 2020 due to the pandemic. However, in 2021, the market rebounded with a 10.4% YoY increase.   🍔 The local brand Wallace 华莱士 holds the top position in market share across most provinces in China, with steady expansion. It expanded from 12,000 stores in 2019 to over 20,000 nationwide by 2022, adding about 8,000 stores in three years. Affordable Western fast food, especially those below RMB 40 (USD 5.56) per meal, constitutes the market's mainstay.   🍟 East China dominates the regional distribution of Western-style fast food stores, accounting for approximately 35.5% of the total. This dominance is attributed to factors such as the concentration of foreign-funded enterprises, the acceptance of Western cuisine, and a bustling white-collar population, driving the demand for Western-style fast food in the region.   See more #Chinamaps: https://lnkd.in/gHCmP97f #Chinabusiness #DaxueStories #economy #fnb #fastfood #food #westerncuisine #FDI

China's burgeoning middle-income group and growing affinity for Western-style beverages have driven coffee imports by 32.5% YoY to 8.78 billion yuan ($1.22 billion) in H1, with Jiangsu province leading at 1.45 billion yuan. As domestic and international coffee brands expand rapidly, China's coffee culture and market are poised to have a dramatic influence on the global coffee industry. #CoffeeCulture #MarketTrends #GlobalImpact #InvestinChina #IndustrialTrends

The Korean wine market has grown in various environments since the liberalization of wine imports in 1986. Of course, there were the 1997 IMF crisis, the 2008 economic crisis, and the 2020 Covid-19. It is also experiencing a contraction in consumption due to the recent unstable international situation and rising interest rates. The retail sales of wine, which increased during Covid19, have declined rapidly since the situation stabilized, and the decline has continued to this day. There are items that are still growing despite such a decline. Sparkling wine, including champagne, is a growing product. However, it is not known how long that growth can continue. There are also brands that are steadily selling despite market difficulties. What they have in common is the quality of the product. Another part is that they are brands that distribute directly in Korea or companies that hire brand managers in Korea. What is the reason? There may be several reasons, but the main one is concentration. Most wine importers, except for a few, have a weak concentration on their brands. They try to sell more profitable items or items that they can sell cheaply. This is because salespeople choose an easy way to match their performance. How do I get my brand to go up in sales in this situation? Is regular meetings with companies that import my brand the solution? Or is it the way to ask them too much? I think such things can be helpful, but I don't think it's a fundamental solution to the problem. My solution will be constant efforts for quality improvement, marketing activities for brand building, and training of customers and sales representatives through mid- to long-term planning. So who will be able to do it? Can you send your company staff directly to do it? Or will you entrust the work to someone living in Korea? What is your choice? #WineStein #Korea #WineMarket #Consulting