There is a decline in demand for coffee as workers stay at home
The world of work-from-home and social distancing has left cafes and coffee shops in the dust. Coffee consumption is estimated to drop worldwide for the first time since 2011, USDA is predicting. Before the pandemic, cafes and restaurants accounted for nearly 25 percent of the coffee demand, Bloomberg reports. The decline in demand for coffee also has a rippling effect on the 125 million people across the globe who rely on the bean for their livelihood. While some regions are beginning to reopen for business, a second (or third, or fourth) wave of infections may set back their endeavors.
