33+ Buzzing Coffee Industry Statistics [2023]: Cafes, Consumption, And Market Trends

Research Summary. The coffee industry supplies caffeine to Americans and people around the world to help them get through their busy days. The consumption, production, and price of coffee have steadily been on the rise over the past decade. This trend of growth is slotted to continue well past the next decade.

• 62% of Americans drink coffee daily

• The average American coffee drinker has approximately 3 cups of coffee per day

• People drink over 400 million cups of coffee per day in the United States

• American women spend an average of $2,327 per year on coffee, and American men spend around $1,934.

• The U.S. coffee industry had annual revenue of $95.58 billion as of 2023

For further analysis, we broke down the data in the following ways:
U.S. Consumption | U.S. Spending | Types of Coffee | Global Consumption | Global Production | Independent Shops | Trends

General Coffee Industry Statistics

• The coffee industry accounts for 1.6% of the United States GDP

• 1.69 million Americans are employed by the coffee industry

• There are 38,411 coffee shops in the United States as of 2022

• The global coffee market had a revenue of $495.50 billion as of 2023

• Coffee is ranked as the #2 most-consumed beverage in the world

• In 2015, the coffee industry contributed $225.2 billion to the United States economy

Coffee Industry Statistics by U.S. Coffee Consumption

• 150 million Americans drink coffee regularly.

  That’s almost 50% of the entire population in the United States.

• The American average coffee drink has 2.7 to 3 cups of coffee per day.

  That means that there are around 400 million cups of coffee consumed in the United States every day.

• Almost 50% of Americans aged 18-24 drink coffee.

  Alternatively, nearly 70% of people over 50 indulge in caffeine. 33% of younger coffee drinkers prefer to get their fix at a coffee shop, compared to less than 25% of older Americans.

• According to one survey, 69% of Americans drink coffee for the taste.

  62% of respondents said that they drink coffee for a burst of energy from caffeine. Additionally, 34% said that drinking coffee helped them to focus, and 18% said that coffee helps them manage their stress.

Coffee Industry Statistics by U.S. Coffee Spending

• The average American spends $1,097 on coffee per year

• The average price for a brewed cup of coffee in the United States is $2.99

• 60% of American coffee drinkers visit a branded coffee shop at least once a month

Coffee Industry Statistics by Types of Coffee

• Ground coffee accounts for 45.8% of the industry’s retail sales as of 2022.

  The retail sales of coffee in the United States were over $5 billion this year.

• 79% of coffee drinkers have coffee at home, according to one survey.

  Alternatively, the same study found that around 36% said they mainly had their coffee at cafes or other locations outside of their home.

• Single-cup coffee accounts for 36.5% of the industry’s retail sales in the United States.

  Additionally, Starbucks accounts for 18% of the entire single-cup coffee market as of 2022.

• Instant coffee accounts for 25% of all retail brewed coffee consumed around the globe.

  Europe is the biggest fan of instant coffee, with 37% of the total market share for this particular product.

• One out of every five Americans under age 40 has cold brew at least once per week.

  This is a pretty shocking number considering that the drink was largely unknown by most of the U.S. population less than a decade ago.

• According to one study, the specialty coffee market is expected to grow with a CAGR of 13.62% from 2020 to 2025.

  41% of the specialty coffee market’s growth will come from North America during this time window. Specifically, the United States and Canada will drive the accelerated growth of this market.

Coffee Industry Statistics by Global Coffee Consumption

• Approximately 2 billion cups of coffee are consumed around the world every day.

• The #1 country for coffee consumption per capita is Finland, where 26.5 pounds are consumed per capita per year

• The top five countries for coffee consumption are Finland (26.5 Lbs per capita), Norway (21.82 Lbs per capita), Iceland (19.84 Lbs per capita), Denmark (19.18 Lbs per capita), and the Netherlands (18.52 Lbs per capita)

  Coffee Consumed per Capita by Country

  Country	Coffee Consumed Per Capita
  Finland	26.45lbs
  Norway	21.82ls
  Iceland	19.84lbs
  Denmark	19.18lbs
  Netherlands	18.52lbs
  Sweden	18lbs
  Switzerland	17.42lbs
  Belgium	15lbs
  Luxembourg	14.33lbs
  Canada	14.33lbs
  Bosnia and Herzegovina	13.67lbs
  Austria	13.45lbs
  Italy	13lbs
  Brazil	12.79lbs
  Slovenia	12.79lbs
  Germany	12.13lbs
  Greece	11.9lbs
  France	11.9lbs
  Croatia	11.24lbs
  Cyprus	10.8lbs
  Lebanon	10.58lbs
  Estonia	9.92lbs
  Spain	9.92bs
  Portugal	9.48lbs
  United States	9.26lbs

• 166.63 million 60 kg bags of coffee were consumed worldwide in 2022

• Mcdonald’s and Starbucks distribute 4% of the world’s coffee supply together

Coffee Industry Statistics by Global Coffee Production

• The #1 country for coffee production is Brazil.

  Brazil produced 62.6 million 60 kg bags of coffee in 2022.

• The top five countries for coffee production are Brazil (62.6 million bags), Vietnam (30.2 million bags), Colombia (12.6 million bags), Indonesia (11.3 million bags), and Ethiopia (8.2 million bags).

  Other major coffee producers around the world include Uganda (6.6 million bags), India (6.2 million bags), Honduras (6 million bags), Peru (4.2 million bags), and Mexico (3.8 million bags).

  

• The United States imported $5.68 billion worth of coffee in 2020.

  The U.S. is the #1 coffee importer in the entire world by a large margin. The next-largest coffee importers in 2020 were Germany ($3.3 billion of coffee imported), France ($2.89 billion of coffee imported), Italy ($1.5 billion of coffee imported), and Canada ($1.2 billion of coffee imported).

  Trade Value of Coffee Imported by Country

  Country	Trade value of coffee imported
  United States	$5.68B
  Germany	$3.39B
  France	$2.89B
  Italy	$1.50B
  Canada	$1.21B
  Netherlands	$1.19B
  Japan	$1.18B
  Spain	$1.01B
  United Kingdom	$1.00B
  Switzerland	$855.5K

Coffee Industry Statistics by Independent Coffee Shops

• There are 37,189 independent coffee shops in the United States as of 2020.

  This number was a drop of 0.6% from 2019.

  

• According to a 2019 survey, 50% to 74% of independent coffee shops fail in their first five years.

  This survey polled 232 independent coffee shops to determine this percentage. Many attribute this to the overwhelming supply of corporate coffee shops to compete with.

Coffee Industry Trends

• Coffee consumption in the United States has been up by 5% since 2015

• In 2021, global coffee prices were higher than ever in the past decade

• The coffee industry in the United States is expected to grow annually by a CAGR of 4.34% from 2022 to 2025

Coffee Industry Statistics FAQ

1. How much is the coffee industry worth?

   The global coffee industry is worth $495.50 billion as of 2023. The United States contributes $95.58 billion to this total, which is more than any other country in the world.

2. Is the coffee industry growing?

   Yes, the coffee industry is growing in the United States and around the world. The global coffee market is expected to grow at a CAGR of 5.30% between 2022 and 2025. Alternatively, the coffee market in the United States is expected to grow annually by 4.34% until 2025.

3. Who leads the coffee industry?

   The United States leads the coffee industry with $90.2 billion in revenue as of 2022.

   However, the US doesn’t produce the most coffee in the world, mostly due to the climate, with these being the top coffee producers:

   • Brazil (37.4% market share)

   • Vietnam (17.1%)

   • Colombia (8.4%)

   • Indonesia (7.1%)

   • Ethiopia (4.3%)

4. How competitive is the coffee industry?

   The coffee industry is extremely competitive both in the United States and internationally. The market is run by major corporations like Starbucks, McDonald’s, Kraft Heinz, and Nestle. There are also many independently-owned coffee shops that have to compete for market space. Overall, it’s a very difficult industry to break into and succeed in.

5. What age drinks the most coffee?

   People aged 70 and over drank the most coffee in the United States as of 2022. This age group drank an average of 2.18 cups of coffee per capita. In comparison, individuals aged 25 to 29 drank an average of 2.15 cups of coffee per day.

6. What country drinks the most coffee? (per capita)

   Finland drinks the most coffee in the world, with 26.45 Lbs consumed per person in the country.

   Other countries that drink a lot of coffee include Norway (21.82 Lbs per person), Iceland (19.84 Lbs per person), Denmark (19.18 Lbs per person), and the Netherlands (18.52 Lbs per person).

Conclusion

Any coffee drinker can tell you how crucial their morning cup of joe is to having a good day. It might be this dedication to the caffeinated beverage that makes coffee the second-most popular drink in the entire world after tea.

The global coffee industry is massive and valued at $495.50 billion as of 2023. The biggest producer of coffee is Brazil, a country that produced 63.4 million bags of coffee in 2020.

On the flip side, the #1 importer of coffee is the United States – by a landslide. The U.S. imported over $5 billion worth of coffee in 2020. It’s clear why the country brings in such vast supplies of the drink. 62% of Americans drink coffee every single day, and on average, they drink three cups per day.

In other words, Americans consume over 400 million cups of coffee daily. The coffee industry has provided many jobs, employing 1.69 million Americans. Out of the $495.50 billion that the global coffee industry is worth, the United States accounts for $95.58 billion.

The American interest in coffee has only grown over the years. Since 2015, coffee consumption in the United States has risen by 5%. This growth is expected to continue at a CAGR of 4.34% until 2025. This means that coffee will only continue to become more plentiful, more expensive, and a bigger part of the U.S. economy.

References

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Author

Sky Ariella

Sky Ariella is a professional freelance writer, originally from New York. She has been featured on websites and online magazines covering topics in career, travel, and lifestyle. She received her BA in psychology from Hunter College.