Costa sale shows trouble is brewing for coffee stocks
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The global appetite for coffee is relentless. Analysts expect the caffeinated drink to grow into a near-$100bn (£75bn) market by 2029, up by around a third from 2025 levels. Yet running a thriving global coffee business has rarely appeared trickier. Reports that Coca-Cola (US:KO) is considering a divestment of leading UK coffee chain Costa offer a reminder that even the world’s most successful beverages company is struggling in this field. ..