According to the latest data from the Coffee Consumption Report, released by China’s food delivery giant Mei Tuan, the number of coffee shops in Shanghai reached 7,857 as of June 30. past Surpasses the number of coffee shops in the US New York City. England’s London and Tokyo, Japan
However, the data did not say how many coffee shops were in each of these cities at the same time.
– Atmosphere in Starbucks Reserve Roastery Shanghai Branch Which is the largest coffee shop in the world (Photo credit: AFP) –
Zhang Hong, an observer of the Chinese coffee business. revealed to the Global Times news agency that It is no surprise that Shanghai has the most coffee shops in the world. Because of Shanghai’s comprehensiveness and economic dynamics This makes the city a leading coffee market in China. which is the 2nd largest economy in the world
Meanwhile, Zhang expects the secondary city of “Chengdu” in Sichuan Province, which also has a strong coffee culture. It may become the next hot market.
Today, small and medium-sized coffee shops in Shanghai are showing signs of recovery. Coffee orders for June rose 5,273% compared to May as authorities eased lockdown measures in Shanghai to curb the spread of COVID-19.
– Employee at a local coffee shop in Shanghai (Photo Credit : AFP) –
According to market research firm iiMedia Research, China’s coffee market value will reach 300 billion yuan in 2020 and may reach 1 trillion yuan by 2025.
In addition, Mei Tuan’s report pointed out that High-quality coffee brands in China such as Manner, M Stand and Seesaw all originated in Shanghai. and expanding its popularity throughout the country
Tian Yun, an economist from Beijing, sees the coffee market as a good indicator to catch signs of Shanghai’s economic recovery. which is an international economic hub with a growing young population and a bustling labor market
