Coffee has become a staple for many Americans, with 66% of adults drinking it daily. This trend is growing, as coffee consumption has increased by nearly 7% since 2020. The rise in coffee's popularity is attributed to its blend of tradition and modern preferences, along with growing awareness of its health benefits.
• Specialty coffee consumption has surged by 18%, with 46% of adults enjoying it daily.
• Espresso-based drinks like lattes and cappuccinos have also seen a 17% increase.
• Non-espresso drinks, including cold brew and nitro coffee, rose by 42%.
• Grocery stores remain the top place to buy coffee, but online purchases have doubled since 2020.
The coffee industry is vital to the US economy, generating over $343 billion in 2022 and supporting more than 2.2 million jobs. Rising coffee prices due to tariffs and supply chain issues could impact consumers and businesses, but many are finding ways to adapt.
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