Coffee demand expected to increase in next 5 years

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Tuesday, February 17, 2015

Experts say coffee prices could spike in the next few years because more people are drinking it worldwide.

According to the head of the International Coffee Organization, demand for coffee could rise nearly 25% by the year 2020.

He says India, China and Latin America are becoming increasingly westernized and with that comes a love of java.

Experts say coffee growers could soon feel the pressure, pushing prices higher.