Coffee is one of the most widely consumed beverages in the world. For many, drinking coffee has become a morning ritual before starting their day. Coffee is consumed and enjoyed by people of all ages.
The global coffee market is experiencing rapid growth, driven by the outstanding performance of several well-known coffee brands worldwide. Global coffee revenue is projected to reach US$155.64 billion in 2026.
According to bizvibe.com, here are the top 5 coffee brands with the highest revenue in the world in 2020:
1. Nescafé – US$99.71 billion (Rp 1,424.9 trillion)
2. Starbucks – US$26.5 billion (Rp 378.7 trillion)
3. McCafé – US$21.07 billion (Rp 301.1 trillion)
4. Tim Hortons – US$3 billion (Rp 42.8 trillion)
5. Keurig – US$2.86 billion (Rp 40.9 trillion)
Nescafé ranked first as the highest-earning coffee brand in the world in 2020, reaching US$99.71 billion or Rp 1,424.9 trillion. Nescafé is a coffee brand produced by Nestlé. The name Nescafé is a portmanteau of "Nestlé" and "café".
Nescafé coffee is readily available on the market. This coffee has been around since 1938, with a variety of flavors, such as Nescafé Classic, Nescafé Mocca, Nescafé Cappuccino, Nescafé Dolce Gusto, and others.
(Read More: Indonesian Coffee Production Increased to 774,600 Tons in 2021)