Reportlinker released a report titled “Coffee Market Research Report by Product Type, by Product, by Distribution, by Coffee Bean – Global Forecast to 2025 – Cumulative Impact of COVID-19.”
The report is aimed more for investors than the coffee industry per se, however offers some interesting insights into how the Markets see our industry performing over the next 5 years after taking into account the impact of the pandemic.
According to the report, the Global Coffee Market is expected to rise to USD 574,582.47 million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 4.88%. In 2019 the global coffee market rise to USD 431,630.07 million.
The report categorises coffees to forecast the revenues and analyze the trends in each of the following sub-markets: based on product type, based on the coffee bean, based on distribution and based on product.
COVID-19 is a global public health crisis that has affected almost every industry. The report delivers information on the pandemic considering the novelties in consumption and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant government interventions.
The report provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the financial markets.
