Business

The “Home Office” reduces coffee consumption worldwide: Bloomberg

The closure of cafes and remote work have faded coffee culture.

Read for 3 min


The “Home Office” reduces coffee consumption worldwide: Bloomberg
The “Home Office” reduces coffee consumption worldwide: Bloomberg

Now that you’re working from home, you’re probably drinking more coffee. In the coffee shop industry, however, this habit has at least decreased in its branches.

Research firm Marex Spectron estimates that, according to reports, more than 95% of the out-of-home coffee market closed at some point during the health emergency. Bloomberg.

According to the U.S. Department of Agriculture, fluid consumption will decrease this year for the first time since 2011. Although the purchase of the product in supermarkets has increased.

As a result, the “coffee culture” is declining in all major regions of the world Home office and the closure of some coffee shops due to the COVID 19 pandemic. Cafes and restaurants accounted for around 25 percent of the demand for coffee, so the closure of these facilities was devastating for the industry.

Photo: Flor de Córdoba Cafés

People who went to work for a drink in the morning before arrival or spent time in a cafeteria to relax in the afternoon and those who saw friends or customers in these facilities have changed their customs and have been able to before it returns to “normal”.

The different countries are gradually starting to reopen the premises and reactivate the economy, even if people are reluctant to join this type of business. In accordance with Bloomberg, The limited recovery in demand for this product could be devastating to the 125 million who depend on the harvest.

Some companies were forced to postpone payments to farmers for orders already placed. And the International Coffee Organization warns of the dangers of increasing poverty in producing regions such as child labor.

Similar Posts