As reported by Harper’s Bazaar, the number of coffee shops in the UK is set to overtake the number of pubs by 2030.
The Wine and Spirits Trade Association values the on-trade wine industry at £4.2 billion, and the on-trade spirits industry at £5.8 billion, while the coffee industry in the UK is estimated to be worth £8.9 billion.
A staggering 2.3 billion cups of coffee are served in the UK each year, with the value of the industry rising by 12% in the last year. The research implies that coffee culture may soon overtake the UK’s long loved drinking culture, with pubs closing at a similar rate to coffee shops opening.
Clean living millennials drink less alcohol than the previous generation and are ditching pub crawls in favour of juice crawls and drunkenness for mindfulness.