Montag, 20. Mai 2024

Global Industry: UK coffee shop sales enjoy growth high

Hamburg. (bm) Visiting coffee shops is a ritual that many Brits routinely adhere to, as new research reveals Britain’s coffee shop culture is full of beans. According to Mintel research, the UK coffee shop market has enjoyed its biggest period of growth since 2008, when the market was valued at 2.2 billion GBP. Over the last five years, the market rose by 37 percent, up from 2.4 billion GBP in 2011 to reach an impressive 3.4 billion GBP in 2016. What is more, between 2015 and 2016 sales increased a spectacular 10.4 percent – the biggest year-on-year boost witnessed in the last five years. Other topics of the week: