Global Coffee Trends in 2024
Coffee is part of Soft Drink and includes a number of sub-sectors such as Single Serve Coffee, Specialty Coffee, Instant Coffee and Coffee Capsule. You may also be interested in Tea, Juice and Carbonated Soft Drink.
Global Coffee Consumption in 2021
By 2026, the world is expected to consume almost 10 million metric tons of coffee. This is a modest 1.2% rise compared to the current annual average. The US is the top consumer, at 1.5 million metric tons, followed by Brazil, Germany, and Japan. Since 2017, Uzbekistan has seen the greatest surge in demand, with a 14.5% increase. In contrast, Montenegro's consumption has decreased by 9.1%. Global supply is projected to reach 189.7 million bags of 60 kg by 2026, a 1.2% increase from 2021. Since 1995, production has grown 2% each year. Brazil is the top producer, with 64 million bags, followed by Vietnam, Colombia, and Indonesia. Togo has witnessed the most growth in production since 1995, at 21.7%, while Ghana has experienced a 16.5% decrease.
Soaring Demand and Market Dynamics in the Coffee Industry
The coffee industry has changed a lot in recent years because of many different reasons. Coffee beans, particularly raw coffee in grain form, have experienced a significant rise in market share. Sales volume has surged by 104.7%. Coffee industry's growth surpasses beef and solidifies its significant market position with a 63.9% increase.
Top 10 countries
In 2022 major markets in the Coffee Industry were:
Coffee Market Data and Forecasts
How much the Coffee industry is expected to grow to 2026?
More in Coffee Industry for 2028Global Coffee Statistics
- Coffee Import 225 countries (Asia, Europe, Africa...)
- Coffee Export 239 countries (Asia, Europe, Latin America...)
- Coffee Consumption 200 countries (Latin America, Africa, Asia...)
- Coffee Production 130 countries (Latin America, Africa, Sub-Saharan Africa...)
- Soft Drink Export 240 countries (Asia, Europe, Africa...)
- Soft Drink Import 225 countries (Asia, Europe, Africa...)
- Coffee Yield 97 countries (Africa, Sub-Saharan Africa, Latin America...)
- Coffee Sales 30 countries (Europe, Southern Europe, Eastern Europe...)
- Coffee Price 50 countries (South America, Latin America, Sub-Saharan Africa...)
- Cocoa Consumption 122 countries (Europe, Latin America, Southern Europe...)
Global Coffee Industry Database
Improve your Knowledge with the latest Indicators and Trends
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