Local coffee production in the Philippines cannot meet domestic demand, with consumption reaching 170,000 metric tons in 2018 compared to only 35,000 metric tons produced. Millennials are willing to pay over 100 pesos for innovative coffee drinks like espresso, cappuccino, and latte. More teenagers are also consuming caffeinated drinks traditionally favored by adults as they face school stress and the rise of coffee shops.
Local coffee production in the Philippines cannot meet domestic demand, with consumption reaching 170,000 metric tons in 2018 compared to only 35,000 metric tons produced. Millennials are willing to pay over 100 pesos for innovative coffee drinks like espresso, cappuccino, and latte. More teenagers are also consuming caffeinated drinks traditionally favored by adults as they face school stress and the rise of coffee shops.
Local coffee production in the Philippines cannot meet domestic demand, with consumption reaching 170,000 metric tons in 2018 compared to only 35,000 metric tons produced. Millennials are willing to pay over 100 pesos for innovative coffee drinks like espresso, cappuccino, and latte. More teenagers are also consuming caffeinated drinks traditionally favored by adults as they face school stress and the rise of coffee shops.
Investing in a coffee business is a substantial settlement in the Philippines. A massive
portion of Filipino population loves coffee as a beverage. In 2018, demand for coffee is noticeably higher than a local supply, Philippines consumed 170,000 metric tons of coffee, but produced only 35,000. (Perfect Daily Grind, 2020). According to Antonio Lavina message that was read by Cameron Odsey, Cordillera regional executive director of the Department of Agriculture (DA), the millennials are willing to dish out P100 or more in whatever innovative brew that they want to have in their espresso—customary, plain, prepared coffee, or mixed, for example, cappuccino, latte, macchiato. Considering that as time goes by, an ever increasing number of teenagers are consuming caffeinated drinks including coffee which are typically devoured by adults. The early school plans" stress" and furthermore the rising popularity of coffee shops made students drink coffee and coffee based items.