Specialty coffee market Advances 20% in Brazil

The specialty coffee market recorded annual growth of more than 20% in the last two years in Brazil and should continue to move in the short term, albeit at a weaker pace. This is the conclusion of a study by Euromonitor commissioned by the Brazilian specialty coffee Association (BSCA). According to the survey, which raised the consumption of specialty coffees in 2016 in Brazil, this market totaled 490,000 sacks that year, an advance of 25% of 2015. In addition, according to Euromonitor, the segment moved R $1.7 billion in retail (includes the food service), almost 29% in 2015. The survey considered sales of coffee beans, ground roasted and also in capsules in the country. Projections to 2018 For 2018, Euromonitor designs new growth of 19%, to 705,000 bags of coffee, with a retail movement of R $2.636 billion, 23 percent higher than last year. According to the consultancy, the beans and the capsules have pulled the advancement of the specialty coffee market in the country. The grains represent approximately 40% to 50% of the total volume while the capsules account for between 5% and 15%.