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.
ratifies
Third-person singular simple present indicative form of ratify
Source: Wiktionary
Rat"i*fy, v. t. [imp. & p. p. Ratified; p. pr. & vb. n. Ratifying.] Etym: [F. ratifier, fr. L. ratus fixed by calculation, firm, valid + -ficare (in comp.) to make. See Rate, n., and -fy.]
Definition: To approve and sanction; to make valid; to establish; to settle; especially, to give sanction to, as something done by an agent or servant; as, to ratify an agreement, treaty, or contract; to ratify a nomination. It is impossible for the divine power to set a seal to a lie by ratifying an imposture with such a miracle. South.
Source: Webster’s Unabridged Dictionary 1913 Edition
3 May 2025
(adjective) worth having or seeking or achieving; “a desirable job”; “computer with many desirable features”; “a desirable outcome”
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.