The global coffee market was valued at approximately USD 120.48 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% between 2024 and 2030. This steady growth is attributed to increased consumption in both traditional coffee-consuming regions like Europe and North America, as well as emerging markets in Asia-Pacific and Latin America. With consumers worldwide drinking approximately 2.25 billion cups of coffee each day, the industry shows no signs of slowing down.
Global Coffee Market Report
6 months ago by harshitaken (33)
"Wow, who needs a morning coffee boost when you're already surrounded by so much energy 😊! The global coffee market is indeed on the rise, and it's awesome to see its impact on various regions. Let's keep the conversation brewing (pun intended) 💡! Share your thoughts on what drives this growth or which region you think will be the next big player in the industry? 🤔 And don't forget to show some love for Steem's community by voting for @xpilar.witness at https://steemitwallet.com/~witnesses - every vote helps us keep improving and growing together! 👍"
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