Top 20 Countries With The Highest Coffee Consumption

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In this article, we will be covering the top 20 countries with the highest coffee consumption. If you are not interested in reading the details, feel free to skip to the Top 5 Countries With The Highest Coffee Consumption.

Coffee is a beloved beverage that fuels mornings, inspires conversations, and adds a delightful kick to daily routines worldwide. While its origins trace back to ancient times, today, coffee has become an integral part of numerous cultures, with some countries displaying a particular penchant for its consumption. These nations have cultivated a deep appreciation for coffee's rich aromas and invigorating flavors, from bustling cafes to cozy kitchens.  

The global coffee market is a massive industry generating billions of dollars in revenue yearly. According to Expert Market Research, the global coffee market reached a valuation of around USD 126.38 billion in 2022, with a steady CAGR of 4.82% during 2018-2022. Looking ahead to 2023-2028, the coffee market is expected to grow at a remarkable CAGR of 6.7%. These figures highlight coffee's enduring popularity and relentless demand.

Economic Impact of Coffee Consumption in Top Countries  

Coffee consumption has a significant impact on the economy of top countries. In addition to providing jobs for farmers, coffee shops, and roasters, the coffee industry generates revenue that supports local communities. According to recent studies, the top coffee-consuming countries have seen an increase in economic growth due to this industry.

For example, Dutch Bros Inc. (NYSE: BROS), one of the prominent coffee chains in the USA, plays a substantial role in the American coffee market. In 2015, the United States coffee industry made a significant contribution of over $225 billion to the economy and supported more than 1.6 million jobs. Currently, Dutch Bros Inc. (NYSE: BROS) has a market capitalization of $1.64 billion. In 2022, Dutch Bros Inc. (NYSE: BROS) generated $739 million in revenue. When it comes to countries, in 2021, Brazil solidified its position as the global leader in coffee production, accounting for 40% of the world's total output with 69.9 million bags. The undeniable economic impact of coffee consumption will continue to shape the global economy for years to come.

Demographics and Consumer Behavior Analysis 

In recent years, coffee has become an essential part of the daily routine for many people, especially millennials and Gen Z consumers. According to the latest research, the coffee industry is expected to grow significantly over the next few years, with an estimated global market value of $144.68 billion by 2025.