GITNUX MARKETDATA REPORT 2024

Must-Know Coffee Industry Statistics [Latest Report]

With sources from: grandviewresearch.com, worldatlas.com, statista.com, mordorintelligence.com and many more

In this post, we explore the coffee industry through a statistical lens, uncovering key figures that shed light on the significant impact of coffee on economies, environments, and daily lives worldwide. From water usage and economic contributions to consumption habits and global trade dynamics, the statistics presented paint a comprehensive picture of the multifaceted nature of the coffee industry.

Statistic 1

"The coffee industry is a significant user of water, averaging about 140 liters of water per cup of coffee (including production)."

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Statistic 2

"Coffee contributes more than $225 billion to the U.S. economy and accounts for 1.6% of GDP."

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Statistic 3

"The Fair Trade coffee market is growing and was valued at $3.4 billion in 2019."

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Statistic 4

"The global coffee industry was worth $102.02 billion in 2020."

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Statistic 5

"Specialty coffee is expected to grow at a CAGR of 12.79% during the forecast period 2020-2025."

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Statistic 6

"The global demand for cold brew coffee is expected to grow at a CAGR of 25.12% from 2021 to 2028."

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Statistic 7

"Coffee supports biodiversity as it is grown under the canopy of trees that provide habitat for wildlife."

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Statistic 8

"Coffee is the second most traded commodity in the world, only behind crude oil."

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Statistic 9

"The average coffee consumption per capita in the U.S. is 3.1 cups per day."

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Statistic 10

"Coffee can be found in over 50 countries globally, predominantly in the equatorial regions of the Americas, Africa, India, and Southeast Asia."

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Statistic 11

"The United States imports the most coffee in the world, with 22.8 million 60kg bags in 2019."

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Statistic 12

"The global consumption of coffee is estimated at approximately 2.25 billion cups per day."

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Statistic 13

"In 2019, Europe imported 3.4 million tonnes of green coffee, representing 54% of total world imports."

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Statistic 14

"Around 125 million people worldwide depend on coffee for their livelihoods."

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Statistic 15

"Finland has the highest per capita coffee consumption in the world, with an annual average of 12 kg per person."

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Statistic 16

"Coffee farms occupy approximately 10 million hectares of farmland globally."

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Statistic 17

"By 2024, the ready-to-drink coffee market is expected to exceed $116 billion."

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Statistic 18

"Brazil is the world's largest coffee producer, contributing to 37% of the global coffee supply."

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Statistic 19

"The total coffee market in the U.S. was valued at approximately $80 billion in 2020."

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Statistic 20

"In Ethiopia, coffee production represents 25% of the country's foreign exchange earnings."

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Interpretation

In conclusion, the coffee industry plays a multifaceted role in the global economy and environment, with significant implications across various aspects. From the substantial economic contributions observed in key markets like the U.S. and Brazil to the growth and diversification of the industry through specialty and cold brew coffee segments, the statistics highlight a dynamic and evolving landscape. The industry's impact extends beyond financial metrics, showcasing its support for biodiversity and role in sustaining livelihoods for millions worldwide. With projections indicating continued growth and innovation in different coffee markets, it is evident that coffee remains a staple commodity with far-reaching implications for global trade, consumption patterns, and environmental sustainability.

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