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Friday 22 November 2024
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UK coffee shop market expected to grow 29 percent in next five years

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LONDON – The UK coffee market is expected to grow 29% over the next five years with sales forecast to reach £4.3bn, according to new research. The findings by Mintel also showed the market has grown 37% in the past five years – from £2.4bn in 2011 to £3.4bn in 2016.

Between 2015 and 2016 sales increased 10.4% – the biggest year-on-year boost witnessed in the past five years.

The research showed two-thirds (65%) of all Brits have visited a coffee shop in the past three months.

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