date:May 25, 2016
ales of hot coffee have started to take off and outpaced retail sales in volume growth terms.
With RTD coffee expected to record a net sales increase of around $1.6 billion for 2015-20, this huge potential has attracted a great deal of investment from major players.
China's RTD coffee market will grow from the current 6.65 billion yuan ($1.02 billion) to a forecast of 18.6 billion yuan by 2020, according to Euromonitor International.
Nestle SA led the market with 58.1 percent share in 2015,