From October 2023 to September 2024, European coffee consumption is projected to reach 53.7 million 60kg bags, representing about 30% of global demand and a 2.2% increase from the previous period. Global coffee production is expected to rise by 5.8% to 178 million bags, with 58% being Coffea arabica and 42% Coffea canephora. This data from the May 2024 Report of the International Coffee Organization (ICO) underscores the growing coffee consumption in Europe and positive global market trends.