Millennials spur coffee consumption
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Bethany Coblentz, left, and Samuel Morin, right, chat over coffees at the Coeur Coffeehouse at North Monroe and College Avenue in Spokane Monday. (Jesse Tinsey/SR photo)
Coffee demand is growing, thanks to increasing consumption by millennials.
Millennials, a demographic between ages 19 and 34, are pushing U.S. demand to historic records, according to Bloomberg. Because the United States is the biggest consumer of coffee, world demand is growing as well.
“Coffee demand is robust and growing at about 1.5 percent per annum,” said Carlos Mera Arzeno, a commodities analyst with Rabobank International in London/Thomas Heath, Washington Post. More here.
Question: How much coffee do you buy at coffee huts or shops weekly?