The popularity of chicory is on the rise among more individuals.
Coffee drinkers are switching up their habits, with chicory taking center stage!
📰 According to RIA "Novyi Den", Russian markets are buzzing with an unprecedented boom in chicory sales. This surge is backed by data from "Agroan", reported by the FMCG Report Telegram channel. Sales have been steadily growing by 15-20% annually, as per "Delovoi Profil".
Currently, the yearly market volume for ready-made chicory hovers around 6-7 thousand tons, amounting to approximately 2-3 billion rubles. By 2030, an estimated 5-7 billion rubles are projected to be spent monthly on chicory and other coffee alternatives.
Yea, you heard that right! This "alternative" beans boom isn't just Russian news – it’s a global phenomenon, albeit with a more gradual increase in popularity. Between 2022 and 2030, worldwide interest in chicory is predicted to rise by a steady 6.5% annually. After a dip in the early 21st century, chicory sales could see a bullish rebound, jumping from 740 million to 1.23 billion dollars a year over nine years.
Shake off your java jitters, 'cause this growth isn't just about the increasing price of coffee and cocoa. While coffee lovers might find it tough to break up with their cuppa joe, health-conscious consumers are embracing this budget-friendly alternative. And as more chicory varieties flood the market and the number of pick-up points multiplies, it's no surprise that interest is on the rise.
But that's not all! Russians are becoming budding baristas, exploring new flavors to jazz up their brews, boosting the coffee alternatives market as a whole, from carob to cascara to mushroom powders.
Cheers to chicory, and here's to hoping those baristas brew up something tasty! 🍻
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- By 2030, it is projected that Russians will be spending around 5-7 billion rubles monthly on chicory and other coffee alternatives, as per "Delovoi Profil."
- Data from "Agroan," reported by the FMCG Report Telegram channel, shows that sales of chicory have been growing by 15-20% annually.
- Health-conscious consumers are embracing chicory, a budget-friendly alternative to coffee, as more chicory varieties flood the market and the number of pick-up points multiplies.
- Between 2022 and 2030, worldwide interest in chicory is predicted to rise by a steady 6.5% annually, as per recent scientific reports on health-and-wellness, cooking, and lifestyle.
- The growth in the chicory market isn't just about the increasing price of coffee and cocoa; people are also drinking chicory to join the trend in food-and-drink alternatives like carob, cascara, and mushroom powders.
