Do you love coffee?
According to a study by the National Coffee Association, 64 percent of Americans drink coffee every day.
In fact, the average American spends $1,097 on coffee each year. That’s a lot of money! But is it worth it?
How Much Does The Average American Spend on Coffee
The average American spends about $1,097 on coffee each year that is reported by acorns. This breaks down to about $3 per day.
About 64% of Americans drink coffee regularly, so the figure above reflects the spending habits of most coffee drinkers in the country.
Some people spend much more than this and others spend much less, but on average, American coffee drinkers spend just about $1,100 a year on their favorite caffeinated beverage.
How Much Does The Average American Spend on Coffee Per Month
The average American spends around $92 on coffee every month. Of course, this number can vary greatly depending on how much coffee you consume and the type of coffee you drink.
Many people believe that drinking high-quality, fresh-brewed coffee is worth the investment, and they’re willing to pay more for a cup of joe that tastes great.
Others are content with cheaper options like instant coffee or café drinks from places like Starbucks.
On this page, you are about to find some interesting Coffee spending statistics.
Key Coffee Statistics
- 7 in 10 Americans drink coffee every week; 62% drink coffee every day.
- 16% of the Americans consume 4 to 5 cups of coffee each day
- 75% of Starbucks’ sales in the U.S. came from drive-thru and Mobile Orders.
- Men in the United States drank about 1.93 cups of coffee per capita per day. Female respondents’ per capita consumption was lower, standing at roughly 1.82 cups a day that year.
- Millennials spend on average $2,008 on coffee per annum. The next group of big spenders is in the group aged 35-44. They spend $1,410 on coffee each year.
- Nearly half of 18 to 24-year-olds drank the beverage and almost 70 percent of seniors did as well.
- COVID-19 drove record coffee consumption at home, with 85% of coffee drinkers having at least one cup at home (up 8% since January 2020) and average daily consumption steady at nearly 2 cups per capita.
1. 7 in 10 Americans drink coffee every week; 62% drink coffee every day.
An study conducted by the National Coffee Association found that 7 in 10 Americans consume coffee at least once a week, with 62 percent drinking it every day. The popularity of coffee among youths and millennials is increasing with each passing day, and this figure is expected to rise further. Most Americans begin their day with a cup of coffee, which demonstrates the widespread appeal of the beverage among the general public in this country. Coffee and the American have a close connection since they both like consuming ever-increasing amounts of the stimulating mix.
(National Coffee Association)
2. 16% of Americans consume 4 to 5 cups of coffee each day.
Statista found that 16 percent of Americans drink 4 to 5 cups coffee per day, and 44 percent drink 2 to 3 cups per day in a study they did in 2017. According to the study results, 5 percent of the population consumes 6 to 8 cups of coffee each day, which is astounding. Some individuals believe that it offers health advantages to the point that they are more inclined to drink more coffee during the day, while others state that they have never envisioned their day without a cup of coffee in their whole lives.
3. 75% of Starbucks’ sales volume in the U.S. came from drive-thru and Mobile Orders.
The coronavirus epidemic prompted individuals to take precautionary precautions, like avoiding drive-through coffee shops, but many still chose to enjoy their favorite beverage from the convenience of their cars. In light of the limitations and the fact that many individuals were staying at home to protect themselves from the coronavirus, However, people’s passion for coffee remained unchanged, and they continued to purchase their favorite beverages from Starbucks via mobile applications or at drive-thrus. According to the Starbucks financial year quarter 4 report, drive-thru and mobile orders accounted for 75% of total sales volume in the United States throughout the quarter.
4. Men in the United States drank about 1.93 cups of coffee per capita per day. Female respondents’ per capita consumption was lower, standing at roughly 1.82 cups a day that year.
Men and women have traditionally had different eating and spending patterns, and this will continue. However, coffee is a factor in which they both drink nearly the same quantity, with just a little variation in the amount consumed.
Statista estimates that by 2020, males in the United States will have consumed about 1.93 cups of coffee per capita per day on average. Female respondents consumed less per capita than male respondents, with an average of approximately 1.82 cups of coffee per day throughout that year.
5. Millennials spend on average $2,008 on coffee per annum. The next group of big spenders is in the group aged 35-44. They spend $1,410 on coffee each year.
According to the source, millennials spend an average of $2,008 per year on coffee, which is a significant increase from previous generations. The next generation of large spenders is comprised of those between the ages of 35 and 44. Throughout the year, they spend $1,410 on coffee.
Not only is coffee becoming more popular among Generation X and Millennials, but it is also becoming more popular with teenagers as well. It would not be incorrect to state that the popularity of coffee has remained consistent over the centuries.
6. Nearly half of 18 to 24-year-olds drank coffee and almost 70 percent of seniors did as well.
A recent study by the website Statista found that almost half of 18 to 24-year-olds drank coffee, and nearly 70% of seniors did as well. Coffee is growing more popular among adolescents, but millennials continue to be the most avid coffee drinkers, consuming three times the amount of coffee consumed by their parents.
7. COVID-19 drove record coffee consumption at home, with 85% of coffee drinkers having at least one cup at home (up 8% since January 2020) and average daily consumption steady at nearly 2 cups per capita.
Due to the widespread impact of the covid-19 epidemic, many individuals who used to get their cup of coffee from the coffee shops near their bus or railway terminals began brewing their own at home or ordering it via an internet app instead.
As reported by the National Coffee Association (NCA), COVID-19 resulted in record coffee consumption at home, with 85 percent of coffee drinkers consuming at least one cup at home (an increase of 8 percent since January 2020) and average daily consumption remaining stable at nearly 2 cups per capita. Takeout and delivery alternatives are thriving, with drive-through and app-based ordering both increasing by 30 percent.
(National Coffee Association )
8. Revenue in the Coffee segment amounts to US$81,166m in 2021. The market is expected to grow annually by 6.02% (CAGR 2021-2025).
Statistics show that the Coffee sector will generate $81,166 million dollars in sales by 2021, according to Statista. The market is projected to expand at a rate of 6.02 percent each year (CAGR 2021-2025).
9. The United States coffee market is projected to grow at a CAGR of 4.8% during the forecast period (2020-2025).
According to the source, the coffee market in the United States is expected to expand at a compound annual growth rate (CAGR) of 4.8 percent over the forecast period (2020-2025). In part, this increasing popularity may be attributed to the fact that customers prefer to purchase coffee on the go due to their hectic schedules, and that top-notch coffee shops offer them with high-quality coffee, which is the primary reason for their ongoing patronage of these establishments.
10. Due to Covid-19 the estimated loss to the in store coffee sales in 2020 was $11.5 billion.
According to the source, the covid-19 had a negative impact on coffee sales, resulting in an anticipated loss of $11.5 billion in yearly coffee sales by the year 2020, according to the source. The majority of customers chose to use drive-thru services or to have their coffee delivered to their location.
(World Coffee Portal)
11. The United States imported roughly 1.14 billion U.S. dollars’ worth of Colombian coffee in 2019.
The United States imported about 1.14 billion U.S. dollars’ worth of Colombian coffee in 2019, according to the website Statista. Because of the increasing popularity and consumption of coffee among various generations in the United States, the nation is attempting to increase its coffee imports.
12. The market size, measured by revenue, of The Retail Market for Coffee is $46.2bn in 2021.
According to the source, the Retail Market for Coffee will have a market size of $46.2 billion in revenue in 2021 when evaluated in revenue. The coffee market is projected to expand at a rate of 2.6 percent in 2021, according to forecasts.
Coffee is a booming business that is becoming more and more successful with each passing year. The growth in the sector is modest, but it is increasing steadily and incrementally over time.
13. The number of coffeehouse stores in the United States dropped around 0.6 percent in 2020.
According to Statista, the number of coffee shops will have decreased by 0.6 percent by the year 2020. The Covid-19 epidemic is responsible for this small decrease. People preferred buying coffees online, just like they did during the epidemic. In 2019, there were 37274 coffee shops in the United States, and the number of coffee shops increased to 37189 in 2020.
14. The world population drinks around 2 billion cups per day.
If you believe that coffee is the most popular beverage solely in the United States, you may want to reconsider after reading this fact.
If the world’s population consumes at least two cups of coffee per day, the source estimates that there are about 2 billion coffee drinkers worldwide. This leads to the conclusion that there are approximately one billion coffee drinkers worldwide if they consume at least two cups per day. There are some people who like coffee to the point that they consume 5 to 6 cups per day, but these individuals constitute a tiny proportion of the population when compared to the number of people who consume at least two cups each day.
Coffee is used as a morning beverage by the majority of the world’s population, and it is the most popular beverage in every country in the world.
( Health Careers)
15. In 2019, New York City had more Starbucks stores than any other city in the United States, with 241 establishments.
Starbucks is regarded as one of the best coffee shops in the world by coffee connoisseurs all over the globe. The outstanding quality of their products, as well as their broad assortment of coffee varietals, are the reasons for their continuous dominance in the coffee sector.
The city of New York has more Starbucks shops than any other city in the United States, according to Statista, with 241 locations in 2019. We won’t come off as strange if we claim that Starbucks has built its whole coffee business from scratch.
16. Coffee is the second most daily consumed beverage in the U.S.
Water is, without a question, essential to life, and it goes without saying that humans drink more water than any other beverage. However, for Americans, there is nothing more beneficial than coffee.
As reported by the source, coffee ranks as the second most popular and most consumed beverage in the United States on a daily basis. After water, which accounts for 66 percent of total consumption, coffee comes in second with 63 percent of total consumption.
17. Hispanic and Caucasian Americans are the most coffee drinkers among the ethnic consumers.
By race, Hispanic and Caucasian Americans were found to be the most frequent coffee drinkers, according to a study published by the National Coffee Association in 2019 on the National Coffee Drinking Trend. Coffee was consumed on a daily basis by 65 percent of Hispanic Americans, 64 percent of Caucasian Americans, 60 percent of Asian Americans, and 54 percent of African Americans, according to the survey. When it comes to beverages, African Americans are less inclined to select it.
(National Coffee Association)
18. The coffee cafe segment saw sales grow 7.3% in 2019. Unit growth increased 2.9%.
According to the source, sales in the coffee café sector increased by 7.3 percent last year. The number of units sold rose by 2.9 percent. Starbucks was among the top coffee shops, bringing in $21,380 in sales to take second place.
(Restaurant Business Online)
19. In 2020, private labels dominated the U.S. single-cup coffee market, with total sales amounting to over one billion U.S. dollars.
Since the past decade, the number of single-cup coffee systems has grown. It is estimated that just 40% of Americans had a single-cup brewer at home in 2019. This figure rose in 2020, which helped to raise the sales of single-cup coffee in the United States. Statista has determined that Private labels will continue to dominate the single-cup coffee industry in the United States in 2020, with total sales exceeding one billion dollars in the country.
20. Worldwide, over 125 million people depend on coffee for their livelihoods
in accordance with the source Around the world, coffee is essential for the survival of more than 125 million people. Farmers who grow coffee plantations are still unable to provide for their families’ fundamental necessities with the beans that are so widely eaten.
(Fair Trade International)
For many, coffee is just a beverage, but for the majority of people, it is a source of energy, emotion, mood, and even love. Coffee, particularly for the inhabitants of the United States, is an essential component of their daily routine. A cup of freshly brewed coffee, whether purchased from a coffee shop or made at home, can bring solace to those who are tired. They simply reach for their favorite cup of coffee when they are feeling depressed to feel ecstatic and energized. This is not a fictitious tale; rather, they are facts that have been shown by statistics to be true, namely that coffee is the most popular beverage among people in the United States. The love of coffee is universal among Americans, regardless of color, age group, or location in the nation. In fact, the love of coffee transcends all boundaries.
Coffee shop firms have made a name for themselves all over the world thanks to the customers of this delightful beverage. Coffee industry did not see a significant decline in covid-19 as compared to other company sectors, even though their online customers grew throughout the year. If you are interested in being a part of our company, be prepared for intense competition as well as significant growth opportunities. If all you want to do is read statistics, get a cup of coffee because we have a lot to say about statistics.
Q1: Is coffee gaining popularity among teenagers?
Yes coffee is becoming more popular among the teenagers as teens closely follow their millennials in their walk of life or at least are inspired from them in many ways so they have started drinking coffee more than before.
In three years, the number of teens drinking coffee rose by 14 percent. Today, nearly four in 10 American teens drink coffee, according to the National Coffee Association’s research.
Q2: Does coffee have health benefits?
Yes coffee does have its health benefit as any other natural bean has but if consumed in a balanced manner. Coffee can wake you up and fill you with energy and motivation. Also it can lower the risk of certain types of diabetes and help lose weight.
Q3: Which coffee bean is the most expensive?
According to the source Black Ivory Coffee is the most expensive coffee bean. It costs $818.18 per pound and is processed through the animal digestive system. It is processed from the elephant digestion.