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What is Coffee and Tea Market Report 2021 about?

The global coffee and tea market is expected to grow from $140.2 billion in 2020 to $143.08 billion in 2021. Major companies in the market include Farmer Bros, Keurig Dr Pepper, and JM Smucke. The COVID-19 pandemic initially led to a decline in the market due to supply chain disruptions and decreased consumption. However, the market is expected to recover and reach $193.78 billion by 2025, driven by increasing demand for ready-to-drink coffee and tea products. Coffee and tea subscription services are also b

Author

Katherine Arango Benítez

Language

EN