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.
booming, flourishing, palmy, prospering, prosperous, roaring, thriving
(adjective) very lively and profitable; āflourishing businessesā; āa palmy time for stockbrokersā; āa prosperous new businessā; ādoing a roaring tradeā; āa thriving tourist centerā; ādid a thriving business in orchidsā
Source: WordNet® 3.1
palmy (comparative palmier, superlative palmiest)
(obsolete) Made out of palm leaves or palm sap. [15th-19th c.]
Of, related to, or abounding in palm trees. [from 16th c.]
Prosperous, flourishing, booming or thriving. [from 17th c.]
• amply, maply
Source: Wiktionary
Palm"y, a.
1. Bearing palms; abounding in palms; derived from palms; as, a palmy shore. Pope. His golden sands and palmy wine. Goldsmith.
2. Worthy of the palm; flourishing; prosperous. In the most high and palmy state of Rome. Shak.
Source: Webster’s Unabridged Dictionary 1913 Edition
22 February 2025
(noun) the use of closed-class words instead of inflections: e.g., āthe father of the brideā instead of āthe brideās fatherā
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.