As the world’s economy continues to wobble like a one-legged penguin, it is predicted that the need for ‘out of house’ coffee will drop by at least another 62%! This basically means in other words that people are preferring the home brewing method.
Traditional buying patterns have been warped ever since the Covid-19 pandemic began. The decline of out-of-home coffee consumption has formed a new habit and if anything, one from the past, home brewed coffee. Remember when Levi’s jeans were the be-all and end-all of fashion and suddenly it died out? Well what happened 20 years later? Boom…Levi’s jeans came back into the scene, just as we are seeing now but coffee edition. Now as this will increase further within the next several months, it will only grow from the despair of closing coffee shops that simply cannot survive on their huge decrease in work.
As a lot of global sales increased in March only due to the sheer stockpiling of people fearing lockdown, this has caused businesses to run out of stock and struggle to obtain the raw material from their source of contact. Coffee shops are sandwiched either way as a massive recession affecting both their stock and customers leaves them currently in a very dark place.
However, as supply is strong in countries such as Brazil, prices have shot up for coffee beans, sending the market into space land. Our opinion? If you haven’t got one already, get yourself a coffee grinder or a good home machine. Purchase your beans from www.chinoproduct.com and save yourself an absolute fortune also!
It’s times like this where you have to look after your own pocket, and brewing your own home coffee can certainly be taken into consideration.