No other beverage is revered, respected and enjoyed in such a high level than coffee. You can see it everywhere: at homes, offices, convenience stores, during commutes, and of course the thousands of coffee shops across the globe. Needless to say, coffee has created a big cultural impact and an enormous global industry.
Check out other interesting facts about the beloved beverage and the billion dollar industry it has created.
Coffee is the second most traded commodity in the world after crude oil, being worth over $100 billion worldwide. That puts coffee ahead of other commodities including (in order) natural gas, gold, wheat, cotton, corn, sugar, silver and copper.
That’s about about 1.6 billion cups of coffee drunk every day!
Coffee is cultivated in over 50 countries in Africa, Asia, South and Central America, and the Caribbean. Imagine that — just a bean could play a crucial role in the livelihood of millions of people worldwide.
The two types of coffee bean species are arabica and robusta. Over 70% of the world’s coffee is arabica, thus it is more common of the two. Robusta, on the other hand, is hardier, easier to care for, more prolific and cheaper, that’s why it’s commonly used for making instant coffee.
American caffeine chuggers consume an average of three and a half cups of coffee per day. According to recent statistics, drinkers spend on average $21.32 on coffee every week.
Coffee is a $30 billion industry in the country, and that figure continues to grow. Starbucks Coffee is the biggest coffee chain with 12,218 stores across the country.
Americans get 75% of their caffeine intake from coffee — a lot, lot more than tea, energy drink or soda.
Coffee shops and cafes are enjoying a 7% growth rate every year, and Starbucks Coffee comes as the third biggest restaurant chain in the US. So it seems coffee shops are more ubiquitous than ever before.
Most of the top 10 coffee producers of the world are indeed the underdeveloped/developing nations (in order): Brazil, Vietnam, Colombia, Indonesia, Ethiopia, India, Mexico, Guatemala, Peru and Honduras.
The global coffee production is estimated at 110 to 120 million bags of glorious coffee beans every year!
Out of the over 500 billion coffee consumption across the globe, 14 billion are espressos which are consumed mostly in Italy.
Most of the biggest consumers are the wealthy, highly-industrialized countries. Finland ranks first with 9.6 kilograms of coffee per capita. It is followed by Norway, the Netherlands, Slovenia, Austria, Serbia, Denmark, Germany, Belgium and Brazil (which is the world’s #1 coffee producer).
The United States — the home of Starbucks Coffee and Seattle’s Best — ranks at #22 with 3.1 kilogram per capita.