The Evolution of Starbucks in the Global Landscape☕️
What changes has Starbucks, a leader in the coffee industry, undergone in recent years?
China🇨🇳 has surpassed the United States🇺🇸 to become the world's largest market for branded coffee shops, boasting a record 49,691 outlets—a remarkable 58% increase in the past 12 months. Let's delve into the landscape of China's coffee chains and compare it with the global coffee industry. What changes has Starbucks, a leader in the coffee industry, undergone in recent years?
The largest coffee chain in China is no longer Starbucks
China has overtaken the US as the largest branded coffee shop market in the world by outlets. Growth was led by the rapid expansion of the local chains Luckin Coffee and Cotti Coffee. Starbucks is the second largest branded coffee operator by outlets in China.
Starbucks is still the world's Largest Coffee Chain
While Starbucks may no longer be the coffee chain with the most stores in China, 🌍globally, it still holds the record for the highest number of stores with 38k stores. Following Starbucks, Dunkin' also commands a significant market share with 13,200 outlets, securing the second position worldwide. Other prominent names on the top ten list include Costa and Greggs, from the UK🇬🇧, Paris Baguette and Ediya Coffee from South Korea 🇰🇷, Luckin and Cotti from China, Tim Hortons from Canada🇨🇦, and Café Amazon from Thailand🇹🇭.
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Starbucks Global Store Expansion Over the Past 15 Years
☕️Starbucks is the largest coffeehouse company in the world. In the year 2021, Starbucks had a total of 33,833 stores worldwide🌍 and it reaches to 38,027 in 2023.
📈Starbucks has experienced exponential expansion by implementing a strategy that combines company-owned and franchised stores. ☕️Currently, the store count is almost equally distributed between these two types - 51% of stores are company-operated and the other 49% are licensed.
Which country has the most Starbucks
Starbucks has a presence in 80 countries and regions globally. The United States leads with the highest number of Starbucks outlets, accounting for almost half of all Starbucks stores. Mainland China, being one of the most economically vibrant regions globally, has also emerged as the fastest-growing area for Starbucks store expansion.
☕️Do you like drinking Starbucks coffee?
Created by Wendy
Want a quick low down on the progress and challenges involved in making coffee more sustainable? Check out: https://greenboxnews.substack.com/p/progress-on-coffees-sustainable-transition