The Ecosystem of London Coffee Market
The London coffee market is experiencing a significant boom, reflecting a broader global trend towards increased coffee consumption. The market size is estimated to be worth approximately £1.5 billion by 2023, with an impressive compound annual growth rate (CAGR) of 5.8% from 2018 to 2023. This growth is driven by a variety of factors, including a surge in specialty coffee shops, the rise of the coffee culture, and a growing demand for premium coffee products.