Coffee Guzzling Is Pushing Bean Prices High
Americans' Coffee Guzzling Is Pushing Bean Prices Higher was written by Laura Lorenzetti on July 1, 2016. In the United States people are consuming more coffee ever day than any other country making the demand for beans to rise. The world demand for beans are rising because people are consuming a large amount of coffee. The average consumption of coffee a person consumes in United States a day is at least 2 to 3 cups per day. “Global coffee consumption is expected to grow 1.2% over the next year starting in October, and American consumption is expected to be up 1.5% this year alone”. The demand for coffee beans will also be high in China, Japan and India. Therefore the demand for coffee beans means the price of coffee beans will rise. For