Indian coffee consumption rises in 2011: ICO

Coffee consumption in India rose by 3% to 1.06 lakh tons in 2011, compared to 1.03 lakh tons in the previous year, according to the International Coffee Organization (ICO).

The intergovernmental organization said that the consumption of the brew in the world’s sixth largest exporter grew at a compound annual growth rate of 5.7% during 2001-2011.

However, the per capita consumption remained unchanged in 2011 at 0.1 kg per person per year since 2008, reported The Hindu Business Line citing ICO data.

ICO was quoted by the newspaper as saying, “However, there is clearly much potential for growth, particularly in countries with large populations such as India, Indonesia and Mexico.”

Compared to the global rate, coffee consumption growth in India is still higher.

Global consumption of the brew grew 1.7% in 2011 to an estimated 137.9 million bags against the 135.6 million bags in 2010.

On the other hand in India, coffee consumption was up to 1.08 lakh tons in 2010, an increase of 6%, compared to 1.02 lakh tons in 2009, the government-run Coffee Board of India said

source: http://www.hotdrinks.drinks-business-review.com / Home> Hot Drink News / By DBR Staff Writer / September 17th, 2012

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