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.
explicate, formulate, develop
(verb) elaborate, as of theories and hypotheses; “Could you develop the ideas in your thesis”
invent, contrive, devise, excogitate, formulate, forge
(verb) come up with (an idea, plan, explanation, theory, or principle) after a mental effort; “excogitate a way to measure the speed of light”
formulate
(verb) prepare according to a formula
Source: WordNet® 3.1
formulate (third-person singular simple present formulates, present participle formulating, simple past and past participle formulated)
(transitive) To reduce to, or express in, a formula; to put in a clear and definite form of statement or expression.
Source: Wiktionary
For"mu*late, v. t. [imp. & p. p. Formulated; p. pr. & vb. n. Formulating.]
Definition: To reduce to, or express in, a formula; to put in a clear and definite form of statement or expression. G. P. Marsh.
Source: Webster’s Unabridged Dictionary 1913 Edition
18 June 2025
(noun) large South American evergreen tree trifoliate leaves and drupes with nutlike seeds used as food and a source of cooking oil
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.