According to Statista, the global coffee industry is worth US$363 billion in 2020. The market grows annually by 10.6%, and 78% of revenue came from out-of-home establishments like cafes and coffee beverage retailers.
CENTRALIZE
centralize, centralise, concentrate
(verb) make central; “The Russian government centralized the distribution of food”
Source: WordNet® 3.1
Etymology
Verb
centralize (third-person singular simple present centralizes, present participle centralizing, simple past and past participle centralized)
To move things physically towards the centre; to consolidate or concentrate
To move power to a single, central authority
Source: Wiktionary
Cen"tral*ize, v. t. [imp. & p. p. Centralized; p. pr. & vb. n. Centralizing.] Etym: [Cf. F. centraliser.]
Definition: To draw or bring to a center point; to gather into or about a center; to bring into one system, or under one control. [To] centralize the power of government. Bancroft.
Source: Webster’s Unabridged Dictionary 1913 Edition
Recent Word Finds
Word of the Day
31 May 2025
AMATORY
(adjective) expressive of or exciting sexual love or romance; “her amatory affairs”; “amorous glances”; “a romantic adventure”; “a romantic moonlight ride”
Coffee Trivia
