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.
FRANCHISEMENT
Etymology
Noun
franchisement (usually uncountable, plural franchisements)
release; deliverance; freedom
Source: Wiktionary
Fran"chise*ment, n. Etym: [Cf. OF. franchissement.]
Definition: Release; deliverance; freedom. Spenser.
Source: Webster’s Unabridged Dictionary 1913 Edition
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