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Stock impact report

Global Roasted Coffee Market Report 2024: Strong Growth and Emerging Trends to 2028 and 2033 [Yahoo! Finance]

Westrock Coffee Company (WEST) 
US:NASDAQ Investor Relations: andalaysolar.com/main1
Company Research Source: Yahoo! Finance
With a striking growth trajectory that sees the market size expanding from $37.42 billion in 2023 to an anticipated $40.23 billion in 2024, stakeholders are observing a Compound Annual Growth Rate (CAGR) of 7.5%. This significant increment reflects the increasing consumer inclination towards coffee and its burgeoning shop culture, unmistakably shaping the global landscape. In a detailed examination, the report predicts a propelled soaring to $52.11 billion by 2028 with a steady CAGR of 6.7%. At the core of this expansion are factors such as the ascent of specialty coffee, the embracing of single-origin brews, and the integration of health and wellness considerations within coffee consumption habits. Regional Spotlight and Market Influence Europe stands at the helm as the largest region in the global market as of 2023, while forecasts spotlight Asia-Pacific as the fastest-growing contender during the anticipated period. The blend of changing consumer preferences and advancements Show less Read more
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