WebApr 22, 2024 · Highlights from NCA market research on coffee consumption trends in the US NCA National Coffee Data Trends (NCDT) Consumer Insights at a Glance. ... (GNPD), in 2024 approximately one in five (19%) global new coffee launches was iced, ready-to-drink (RTD), up from 16% in 2015. WebInstant Coffee Market Analysis. The Instant Coffee Market is projected to record a CAGR of 5.28% over the next five years. The middle-class population in developing countries has a huge demand for in-home coffee consumption. Convenience in food habits and coffee consumption, in particular, gravitates consumers toward instant coffee.
International Coffee Organization - What
WebFeb 2, 2024 · 4. Specialty Drinks and Artisan Coffee Are on the Rise. Image Credit: ClaroCafe, Pixabay. Another trend expected to blow up this year is the use of local roasters. This will help artisans craft signature specialty … WebAt home coffee consumption remains above pre-pandemic levels. Some 84% of coffee drinkers now have had coffee at home in the past day, compared to 80% in January … saphia wesphael origine
2024 Specialty Coffee Consumption Trends Outlined in New …
WebMar 19, 2024 · General Coffee Industry Statistics. The coffee industry accounts for 1.6% of the United States GDP. The global coffee market had a revenue of $495.50 billion as of 2024. Coffee is ranked as the #2 most-consumed beverage in the world. In 2015, the coffee industry contributed $225.2 billion to the United States economy. WebMar 10, 2024 · China is slowly becoming a coffee-drinking nation, as consumption is growing at an incredible 15% annually, as opposed to the global rate of 2.2%. Despite the Covid-19 pandemic, cafés in China have had continued success. In 2024 alone, the city of Chengdu saw a new coffee shop open every day, bringing the total number of cafés in … WebThe ICO produces regular reports and studies on global consumption trends to guide strategic actions in this field and has developed several valuable initiatives. Step-by-step Guide to promote coffee consumption: This Guide builds upon the experience of Brazil, where internal consumption has more than doubled since the 1980s. saphic flag meaning