xi's moments
Home | Companies

Costa China expands ready-to-drink business through innovations

By WANG ZHUOQIONG | chinadaily.com.cn | Updated: 2023-05-05 10:43

Qing Lijun, CEO of COFCO Coca-Cola Beverage Ltd, speaks on the launch ceremony of Costa's new ready-to-drink beverages on Friday in Beijing. [Photo provided to chinadaily.com.cn]

Costa China, the British coffee brand, has continued to expand its ready-to-drink business in the Chinese market by enhancing innovations and strengthening supply chain collaborations to meet the diversified demands from younger consumers, thanks to the recovery of consumption occasions.

Costa China has developed high-end ready-to-drink products like coconut-flavored coffee and coconut-oolong light milk tea to prepare for the peak season in the summer.

Qing Lijun, CEO of COFCO Coca-Cola Beverage Ltd, said Costa, as a key international coffee brand, has played an important role in expanding new categories for the company, given the massive potential of the coffee business. Costa's deep insights in consumer behaviors have translated into development of high-end ready-to-drink beverages, he added.

"We have discovered consumers to be willing to pay higher prices for coffee products with better taste, texture and flavors," said Qing. "We believe that high-end ready-to-drink coffee has a major chance in securing bigger market shares in the country."

1 2 Next   >>|
Global Edition
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349