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.
REDEVELOPMENT
renovation, redevelopment, overhaul
(noun) the act of improving by renewing and restoring; “they are pursuing a general program of renovation to the entire property”; “a major overhaul of the healthcare system was proposed”
Source: WordNet® 3.1
Etymology
Noun
redevelopment (countable and uncountable, plural redevelopments)
The process of developing something anew.
The demolition of old, redundant or unfashionable buildings or infrastructure and the construction of new ones on the same site.
Source: Wiktionary
Recent Word Finds
Word of the Day
12 May 2025
UNSEASONED
(adjective) not tried or tested by experience; “unseasoned artillery volunteers”; “still untested in battle”; “an illustrator untried in mural painting”; “a young hand at plowing”
Coffee Trivia
