Coffee is one of the most widely consumed beverages in the world. In 2021/2022, nearly 176 million 60 kilogram bags of coffee were consumed worldwide, a slight increase from almost 167 million bags in the previous year.
Coffee Brewing Innovations
The coffee industry is regularly coming up with innovative new methods for brewing coffee and serving it. Single cup brewers are a relatively new innovation which offer a quick and mess-free coffee brewing method for when one only wants a single cup of coffee without the hassle of brewing an entire pot. Keurig Green Mountain is the leading vendor of single-cup coffee in the United States.
Cold Brew Coffee
Cold brew coffee is made by leaving coffee to brew in cold or room temperature water for 12 to 24 hours and results in a mellower, less acidic tasting coffee. It has become a popular menu item at coffee shops and cafes, but it also easy to make at home. The market for cold brew coffee was valued at 321 million U.S. dollars in 2017, and is expected to reach a staggering 1.37 billion U.S. dollars in market value by 2023.
Coffee consumption worldwide from 2012/13 to 2021/22 with a forecast to 2022/23
(in million 60kg bags)
Characteristic
Consumption in million 60kg bags
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ICO. (October 10, 2023). Coffee consumption worldwide from 2012/13 to 2021/22 with a forecast to 2022/23 (in million 60kg bags) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/292595/global-coffee-consumption/
ICO. "Coffee consumption worldwide from 2012/13 to 2021/22 with a forecast to 2022/23 (in million 60kg bags)." Chart. October 10, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/292595/global-coffee-consumption/
ICO. (2023). Coffee consumption worldwide from 2012/13 to 2021/22 with a forecast to 2022/23 (in million 60kg bags). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/292595/global-coffee-consumption/
ICO. "Coffee Consumption Worldwide from 2012/13 to 2021/22 with a Forecast to 2022/23 (in Million 60kg Bags)." Statista, Statista Inc., 10 Oct 2023, https://www.statista.com/statistics/292595/global-coffee-consumption/
ICO, Coffee consumption worldwide from 2012/13 to 2021/22 with a forecast to 2022/23 (in million 60kg bags) Statista, https://www.statista.com/statistics/292595/global-coffee-consumption/ (last visited August 25, 2024)
Coffee consumption worldwide from 2012/13 to 2021/22 with a forecast to 2022/23 (in million 60kg bags) [Graph], ICO, October 10, 2023. [Online]. Available: https://www.statista.com/statistics/292595/global-coffee-consumption/