The Graph Below Shows The Supply Of Iced Coffee
As the demand for iced coffee continues to increase, it's important to take a look at the supply of this popular beverage. The graph below shows the supply of iced coffee over the past few years.
2016
In 2016, the supply of iced coffee was relatively low. This was due to a lack of demand and awareness of the beverage. Many coffee shops and cafes did not offer iced coffee as a menu item, which limited the supply. However, there were some specialty shops that offered iced coffee, and their supply remained consistent throughout the year.
2017
In 2017, the supply of iced coffee started to increase. More coffee shops and cafes began to offer iced coffee as a menu item due to the growing demand. As a result, the supply started to rise. Additionally, there were more variations of iced coffee being offered, such as cold brew and flavored iced coffee, which also contributed to the increase in supply.
2018
By 2018, the supply of iced coffee had significantly increased. Many coffee shops and cafes had added iced coffee to their menus due to the high demand. There were also more ready-to-drink iced coffee options available in grocery stores and convenience stores. This increase in supply led to more people consuming iced coffee on a regular basis.
2019
In 2019, the supply of iced coffee continued to grow. More coffee shops and cafes began to offer seasonal variations of iced coffee, such as pumpkin spice and peppermint mocha. This further increased the demand for iced coffee and led to an increase in supply. Ready-to-drink iced coffee options also continued to expand, with new flavors and brands being introduced to the market.
2020
In 2020, the supply of iced coffee was impacted by the COVID-19 pandemic. Many coffee shops and cafes had to temporarily close or limit their operations, which led to a decrease in supply. Additionally, with more people staying at home, the demand for ready-to-drink iced coffee increased. This led to a shift in the supply chain, with more emphasis being placed on producing and distributing ready-to-drink options.
2021
As we move into 2021, the supply of iced coffee is expected to continue to grow. With the pandemic hopefully coming to an end, more coffee shops and cafes are expected to reopen and resume normal operations. Additionally, the demand for iced coffee is expected to remain high, especially as the weather gets warmer. This will likely lead to an increase in supply and more variations of iced coffee being offered.
Conclusion
The supply of iced coffee has grown significantly over the past few years, due to an increase in demand and more coffee shops and cafes offering the beverage. This trend is expected to continue in the coming years, with more variations of iced coffee being introduced and an emphasis being placed on ready-to-drink options. As the popularity of iced coffee continues to rise, it's important for businesses to stay ahead of the trend and offer this popular beverage to their customers.