Forecast: Coffee Market Size Volume in United Kingdom of Great Britain and Northern Ireland

The coffee market size in the United Kingdom of Great Britain and Northern Ireland stood at 186 Thousand Metric Tons in 2023. Over the past decade, the market displayed a fluctuating trend, with notable growth spurts in years like 2017 (6.21%) and dips in years such as 2018 (-5.32%) and 2020 (-4.48%). The last two years observed minor year-on-year growth with the rate for 2023 being 0.54%. In terms of the Compound Annual Growth Rate (CAGR), the market grew at an average annual rate of 0.88% over the past five years.

Looking ahead, the forecasted data indicates a modest growth trend with the 5-year forecast CAGR standing at 0.46%, culminating in an expected market size of 191.5 Thousand Metric Tons by 2028.

Future trends to watch for include potential impacts of sustainable practices, shifting consumer preferences towards specialty and plant-based options, and the influence of economic factors on coffee consumption patterns.