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Did you know that each year, the coffee industry generates $200 billion? Currently, it's thought that each year, over 166.5 million bags of coffee get consumed by people all across the world. Additionally, there has been a noticeable growth in the demand for coffee. The market for coffee has grown by 150% during the past 50 years! Starbucks comes out on top of the list of the best coffee brands in the world, with yearly revenues of $23.52 billion. Located in Seattle, Washington, the largest coffee retailer in the world was established in 1971 and its operations currently cover more than 33,800 outlets in 80 different countries. Do you want to learn more about the coffee trade and the business of coffee? Watch our video to find out some surprising facts about how coffee impacts the global economy and more! Don’t forget to leave a like and subscribe, and let us know in the comments if you’re a local coffee shop lover or a corporate cup o’ Joe type of person.