How Coffee Beat Soda
January 19, 2013 in Daily Bulletin
Ten years ago Americans drank half a liter of sodas like Coke and Sprite every day writes Derek Thompson. Since then though a drink that can be just as sugary but without the association with adolescence has become the American drink of choice:
- In 2003 Americans spent $4 on soda for every $1 that they spend on coffee.
- Since then soda revenue has fallen 40% while coffee revenue has increased 50%.
- This may be because sodas have become linked with bad health while coffee has no such stigma attached.
- Bottled water, sports drinks, and energy drinks have also benefited from soda’s association with bad health.
- There has been a rise of coffee culture as evidenced by the spread of chains such as Starbucks. Younger consumers especially seem to buy into this culture.
Read the full piece here to see a graph that shows the rise of coffee and the decline of soda, and find out the effect that coffee prices have had.
Source: The Atlantic
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