With three stores opening in the UK every day, coffee shops are set to outnumber pubs by 2030.
There are currently about 24,000 coffee shops across the UK, with 1,215 stores opened in the past year, according to the UK Coffee Report developed by The London Coffee Festival, which takes place this week.
And coffee consumption continues to grow, with British consumers currently drinking 2.4 billion cups of coffee a year in coffee shops, up 4% from 2.3 billion in 2017.
“Even in the face of market uncertainty with Brexit, the UK’s love affair with coffee shows no signs of stopping,” said The London Coffee Festival founder Jeffrey Young.
“For the industry to be contributing almost £10bn per year to the economy is an incredible achievement and shows how coffee has come to be the go-to drink for Brits and how advanced coffee shop culture has become.”
Taking place at the Old Truman Brewery off Brick Lane, London, The London Coffee Festival features coffee roasters, suppliers, musicians, bakers, cocktail mixologists, latte artists, chefs and baristas. This year’s festival runs from 12 to 15 April.
“The London Coffee Festival is a celebration of coffee culture and an industry that is so important to the nation both financially and culturally,” added Young. “We welcome people from all over the world to the event and the buzz you feel as you walk through the door is testament to the passion for coffee that has grown in this country.”