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Ep 164 | Middle East Conflict Dims Tea Shipping Outlook | Bubble Tea Brands Lineup for IPOs

Ep 164 | Middle East Conflict Dims Tea Shipping Outlook | Bubble Tea Brands Lineup for IPOs

Published 2 years ago
Description

HEADLINES – Escalation of Conflict in the Middle East Dims Tea Shipping Outlook | Bubble Tea Brands Lineup for IPOs | Police Recover Stolen Gold Matcha Bowl Valued at 10 Million Yen

INDIA NEWS – Amalgamated PlantationsAPPL Head Resigns | First Flush in North India Sees Low Crop But High Quality

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| SCA PRESENTER – Youngmok Kim, the principal scientist at Finlays

| FEATURED – The Specialty Coffee Association’s annual exposition in Chicago last week attracted more than a dozen tea exhibitors and featured several expert presentations on tea. While most consumers visit grocery and department stores to purchase tea, coffee shops, and cafes are the second most popular retail outlets by value. More than 38,411 branded coffee shops in the United States and 42,800 in Europe generate 10% to 20% of their beverage revenue from specialty tea. In this episode, Tea Biz narrates the highlights of a talk by Youngmok Kim, the principal scientist at Finlays. In his presentation, Kim compares coffee and tea, the world’s most popular caffeinated beverages, with useful insights on distribution, markets, and relative health benefits.



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