instant coffee Archives | Be Korea-savvy
Amid Growing Popularity, CVSs Increasing Number of Outlets That Sell Instant Coffee

Amid Growing Popularity, CVSs Increasing Number of Outlets That Sell Instant Coffee

SEOUL, Mar. 15 (Korea Bizwire) — South Korea’s convenience store (CVS) chains are increasing the number of outlets selling instant brewed coffee amid growing popularity of the cheap beverage, industry sources said Thursday. South Korea’s largest convenience store chain, CU, said it will raise the number to more than 12,000, from the current 8,000, by [...]

Coffee Wars Brewing: Instant Coffee Market Shrinks With Increased Competition

Coffee Wars Brewing: Instant Coffee Market Shrinks With Increased Competition

SEOUL, Aug. 31 (Korea Bizwire) — With consumers facing greater options for cheap and quick coffee, instant coffee brands like Maxim and Nestlé have scrambled in recent years to adapt to the increasingly competitive industry. A joint report by the Ministry of Agriculture, Food and Rural Affairs and the Korea Agro-Fisheries & Food Trade Corporation [...]

Instant Coffee the Most Popular “Korean Tea” for Tourists

Instant Coffee the Most Popular “Korean Tea” for Tourists

SEOUL, Oct. 10 (Korea Bizwire) – Instant coffee mix was found to be the most popular ‘tea’ beverage for overseas tourists visiting Korea. Coffee mix is an instant coffee product containing ingredients such as ground coffee beans, sugar and creamer, and it comes in single serving packages for quick preparation.  Of 926 surveyed tourists, 53 [...]

Instant Coffee Losing Market Share in S. Korea

Instant Coffee Losing Market Share in S. Korea

SEJONG, Dec. 8 (Korea Bizwire) – South Korea’s instant coffee market has been on a steady decline despite increasing coffee consumption, as more people drink at coffee shops or buy other types of coffee drinks, industry data showed Tuesday. The instant coffee retail market was valued at 1.05 trillion won (US$895.6 million) last year, falling [...]