Companies / Brazil
Brazilian Coffee Sector Could Soon Become World's Largest, Continues To Attract Investment
February 2011 | Industry Trend AnalysisThe Brazilian coffee association ABIC has claimed that the country could be the world's largest consumer of coffee by 2012. ABIC predicts that consumption will increase by 5% in volume terms in 2011, and has said that if this rate of growth were to continue in 2012 the country would overtake the US to become the biggest coffee consumer. This optimistic outlook for the industry chimes with our own forecasts and with recent investment into the sector by leading multinationals including Starbucks and Sara
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