What is the target market for a coffee shop?
Your target market may be college students and professionals who are commuting to work or attending class and are looking for a cheap cup of coffee to satisfy their caffeine cravings. Some students even take coffee to stay longer reading at night. According to the most recent studies, roughly 75 percent of Americans consume coffee every day. Your target market may be college students and professionals who are commuting to work or attending class and are looking for a cheap cup of coffee to satisfy their caffeine cravings.Rage Coffee’s target audience are younger consumers (18 to 34 years old) who are looking for a high-quality coffee, yet affordable and convenient.Coffee Consumption by Age Groups in the US According to coffee consumption age statistics in the US, the beverage is the most popular among the 60-year-old and older age group. Here’s the breakdown by age group: 37% of individuals aged 13-18 years old drink coffee.Which Country Consumes The Most Coffee? Finland holds the title for the highest per capita coffee consumption globally, with an average Finnish individual consuming close to four cups of coffee each day.
Who sells more coffee?
Largest coffee chains by revenue in the U. S. This list ranks the top-performing coffee chains in the U. S. Starbucks: $31. Dunkin’: $11. Dutch Bros Coffee: $1. Coffee Market Summary. The global coffee market size was estimated at USD 269. USD 369. CAGR of 5. The overall demand for coffee is a significant driver of the market.The Coffee Market Is Growing Rapidly The global coffee market is experiencing significant growth, driven by several key factors. The coffee market is expected to reach US$96.On average, Americans spend approximately $1,100 per year on coffee from coffee shops. If you break that down, it comes to over $90 per month or about $3 per day. This might not seem like much, but over the course of a year, it can add up to a significant sum.The global coffee shops market size was worth around USD 78. USD 133. CAGR) of roughly 6.
Who is the leading coffee shop?
Starbucks, Dunkin’, and Tim Hortons are the three largest coffee companies in the world, respectively. Largest coffee chains by revenue in the U. S. Starbucks: $31. Dunkin’: $11. Dutch Bros Coffee: $1. Tim Hortons: $751 million.
Who buys the most coffee?
Major coffee importing countries worldwide 2024. The United States imported around nine billion U. S. Germany followed in second place, importing around 5. U. S. The demand for coffee is expected to continue to grow, making it an attractive investment for those looking for long-term growth opportunities.It will grow from $69. CAGR) of 7. The growth in the historic period can be attributed to changing consumer preferences, convenience and on-the-go lifestyles, rising demand for artisanal and craft coffee products, globalization and trade.Climate change, ongoing supply chain disruptions, and economic pressures are all squeezing the coffee market. According to Trading Economics, coffee prices surged over 20% in 2025 alone, hitting the $4 per pound mark on February 6th, and continuing to trade upwards, opening at a high of $4. February 11th, 2025.Trends in the market: one of the key trends in the worldwide coffee market is the shift towards premium and specialty coffee. Consumers are becoming more knowledgeable about different coffee varieties, brewing methods, and flavor profiles, and are willing to pay a premium for high-quality coffee.