In 2019, 64% of Americans aged 18 and over drank coffee every day. Coffee Shops. Worldwide, approximately 54% of adults between the ages of 18 and 29 drink, on average, 2 cups a day. (212) 419-8286 Coffee. Coffee, one of the segments analyzed and … Edison, NJ -- -- 12/17/2020 -- COVID-19 Outbreak-Global Coffee Shops & Cafes Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. (SurveyMonkey) 3. The US coffee shop industry includes more than 35,500 stores with combined annual sales of about $45 billion, according to Allegra World Coffee Portal. 2. In recent years, the coffee industry has become increasingly sophisticated. By continually raising the bar, it created a boom in artisan coffee shops. The coffee shop industry in the U.S. includes 20,000 stores with combined annual revenue of about $11 billion. World Coffee Portal said industry leaders were collectively “cautiously optimistic” about continued coffee shop growth, while the group predicts a compound annual growth rate of 2.3% by 2024. The frequency of usage varies from country to country due to taste and weather but the overall usage is extremely high as the global coffee industry collects revenue of more than 100 billion USD with an average of 500 billion cups consumption within each year. Coffee Shop Statistics; Coffee Industry Revenue Statistics; Coffee Industry Consumption Statistics. The coffee shop industry in the United States had an estimated market value of 47.5 billion U.S. dollars in 2019. Major companies include International Coffee & Tea (The Coffee Bean & Tea Leaf), Peet's Coffee & Tea, and Starbucks (all based in the US), as well as Costa Coffee and Caffè Nero (both based in the UK). From an Allegra Project Cafe USA infographic. At the same time, consumers have become more informed, with expectations of higher quality. Coffee is taken as one of the most liked beverages and consumed all over the world in different regions. For most people, coffee is the fuel that gets them going in the morning (I know it is for me). 1. Try our corporate solution for free! Companies in this industry sell coffee drinks and other food and beverages for consumption on the premises or for takeout. The U.S. coffee shop industry topped $10 billion in revenues in 2011, with 70 percent of industry revenues coming from the top 50 coffee shops out of approximately 20,000 coffee shop businesses. Starbucks is one of the majors that is expanding overseas, with approximately 5,500 offshore locations in 2010. For both the coffee industry … Coffee shops are part of the specialty eatery industry, which also includes outlets specializing in products such as bagels, donuts, frozen yogurt, and ice cream. Whether it’s a cup brewed at home or an iced latte grabbed on the go, the average coffee drinker has 3 cups per day.In the US alone, there are 150 million daily drinkers.Of course, drinking coffee … Major companies include Starbucks, Dunkin’ Donuts, Caribou, Coffee Bean and Tea Leaf, and Diedrich (Gloria Jean’s). The Coffee Shops market worldwide is projected to grow by US$58.7 Billion, driven by a compounded growth of 4.1%. Latest update on Coffee Shop Market Analysis report published with an extensive market research, Coffee Shop market growth analysis and Projection by – 2025. this report is highly predictive as it holds the over all market analysis of topmost companies into the Coffee Shop industry. 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