If China’s food near expiration date sector can be standardized, it will not only reduce the wastage of valuable resources but also offer lucrative new opportunities for retailers and value to the consumer.
So Luckin Coffee has gone public and there are big questions about their revenue growth vs. operating losses. They are building an F&B business fast and aggressively against still unclear demand. But HeyTea is the Starbucks challenger I am keeping an...
Market research suggested that there are limited categories of foods for the elderly on the market, and although some are labeled as “consumable for elderly person”, their sugar, salt, fat contents and nutrients are unsuitable.
According to Kantar data, the market value of China’s food and beverage sector grew by 4.7% (food) and 1.5% (beverage) in 2018, which are both below the overall growth rate seen in China’s FMCG sector (5.2%).