This company reaches to its customers through its advertising slogan ‘a coffee for every mile’ whose aim is to have as many coffee shops as possible. Its headquarters in Kentucky USA oversee operations of 20,000 branches worldwide in more than 120 countries. Starbucks has been fighting its competitors â Dunkin' Donuts and McDonald's â for the top position as coffee king for several years. Twining is owned by the British Food Association. Even though it started in Asia, it has expanded to some countries in Africa, Czech Republic, and Nepal. JAB owned brands such as Pret a Manger, Peet’s Coffee, and Caribou Coffee also put considerable pressures on Starbucks. The second quarter of 2020 saw $10.3 billion in revenue and 10% growth, crushing numbers for its closest rival, Adidas , which saw $7.1 billion and â¦ A number of coffee house chains are competing in India and giving Starbucks a very hard time. Currently, it operates in more than 46 countries with over 17,000 stores operating under Starbucks. These are mostly preferred tea brands competitors that provide an alternative to Coffee. No wonder why the competition is so ferocious! It operates in more than 35 countries with over 11,500 restaurants. This coffee house not only specializes in coffee but food and other beverages as well. Starbucks ... Starbucksâ main competitors are quick-service restaurants and specialty coffee shops such as McDonaldâs with it â¦ Dilmah Tea is now a global brand thanks to the advertising and endorsement on the team jerseys’ by the Sri Lanka national Cricket team. Founded in 1952, KFC managed to popularize and market fast food chicken though franchising and advertising. Dunkin is a donut company as well as a coffee house based in Massachusetts USA. It operates in around 80 countries and territories and has over 31,000 stores. An investment that cost a close to 40 million pounds. India is a famous coffee producing country where coffee is one of the most popular beverages. Brown (2019) reports that Starbucks maintains a massive 40% market share in the U.S. coffee shop market. Together they have raised over 11.1B between their estimated 625.3K employees. Sep 29, 2019 . As an initial wine manufacture, rebranding and advertising have made it gain global accreditation with estimated revenues of around $20 million annually. As one of the largest hamburger restaurant chains in the world, it operates 3700 outlets in over 100 countries. Brown, N. (2019) Nearly Four of Every Five US Coffee Shops are Now Starbucks, Dunkin’ or JAB Brands, https://dailycoffeenews.com/2019/10/25/nearly-four-of-every-five-us-coffee-shops-are-now-starbucks-dunkin-or-jab-brands/ (accessed 10 August 2020), Caki, S. (2020) The economic impact of the coffee industry, available at: https://www.market-inspector.co.uk/blog/2019/09/uk-coffee-market (accessed 02 August 2020), Lock, S. (2020) Coffee chain market share in the U.S. as of October 2019, by number of stores, available at: https://www.statista.com/statistics/250166/market-share-of-major-us-coffee-shops/ (accessed 06 August 2020), Robinson, B. The UK is mostly a tea-drinking nation; however, over 95 million cups of coffee are consumed every day that are bought mostly from coffee shops and coffee vending machines. Being a coffee producer, the following are the top 11 Starbucks competitors; This is the second largest coffeehouse in the world after Starbucks and the largest in the UK. As a result, McDonalds can be considered a strong Starbucks Competitor. As at the end of 2016, Costa Coffee’s net income was approximate £153 million with revenues exceeding £1.167 billion. Starbucks vs. McDonald's Stock Starbucks vs. Chipotle Mexican Grill Stock Starbucks had an ACSI score of 78 in 2020. Tetley’s annual production stands at 60,000tonns and is valued at around $22 billion. Sep 27, 2020 . Starbucks wants to halve its carbon emissions, waste output and water impact in the next decade â¦ Search. It is an American company, headquartered in Seattle, Washington. See insights on Starbucks including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Tetley is one of the largest UK tea company. Comparing the results to its competitors, Starbucks reported Total Revenue decrease in the 3 quarter 2020 year on year by -8.06 %, faster than overall decrease of Starbucks's competitors by -4.82 %, recorded in the same quarter. Costa Coffee is also probably the only Starbucks Competitor on this list which exclusively deals and promotes its coffee. Wendyâs. 10 Best Smartphone Brands In The World. Future Of Advertising. We hope the article ‘Competitors of Starbucks (Competitor analysis of Starbucks)’ has been helpful. Based in Portland, It initially started as a fieldwork and later purchased by Starbucks who rebranded it to its current global status. Founded in 1950, it has expanded to become one of the largest baked food and coffee chain in the world. Starbucks is the market leader in the USA in terms of number of outlets. An average American coffee drinker consumes more than 2 cups of coffee per day. white tea and red tea. â¢ List of SBUX Competitors With net margin of 6.33 % company reported lower profitability than its competitors. However, this is set to increase after McCafe upgraded its equipment to ensure consistency in the taste of its coffee.Currently, it’s ranked the largest in New Zealand and Australia. The nearest competitors were McDonald’s and Costa Coffee. Quarter Ended . I am a serial entrepreneur & I created Marketing91 because i wanted my readers to stay ahead in this hectic business world. McDonald’s also receives additional revenues from royalties, rent, and fees paid by franchisees. In terms of production, Dunkins produces 8% donuts, 65% drinks and 27% of other food items. October 17, 2020 By Hitesh Bhasin Tagged With: Brand competition. Coffee business is growing rapidly, and the industry is appealing to both young and old customers very well. Combined, they could become a potent competitor to Starbucks.â Dunkinâ Donuts has about 9,200 U.S. locations and plans to add about 1,000 new U.S. stores by year-end 2020. Its nearest competitor is Dunkin which has over 9.5 thousand stores. According to reports from Data-monitor, Ceylon tea which is Dilmah’s parent company that was incorporated in 1981 is the 6th largest in the world with an estimated revenue of $7.92 billion and net income of $1.04 billion. Home Page MADS Team 2020-01-23T12:47:50+05:30. By Staff Writer Last Updated Apr 5, 2020 7:51:15 PM ET. According to Lock (2020) it has approximately 14.88 thousand stores in the country. CONSOLIDATED STATEMENTS OF EARNINGS (unaudited, in millions, except per share data) Quarter Ended . Starbucks is the market leader in the USA in terms of number of outlets. Since its inception in the year 1706, it still maintains its market value and popularity. Make sure you double-check all of Starbucks current market performance against the performance between 2010 and 2020 to make sure the company can sustain itself down the road. In 2014 alone, it was estimated to have around 6.6 million consumers in the UK alone. He has a keen interest in business, hospitality and tourism management. Also enter your email address at the bottom of the site to ‘Join us’ free for our newly published articles and newsletters. In the UK, Costa Coffee has approximately 39% market share. Sep 27, 2020 . Copyright ©2017 - 2025. Its bestsellers include hot apple cider, pumpkin spice black tea, ginger peach and comfort and joy black tea among others, I love writing about the latest in marketing & advertising. Starbucks revenue for the twelve months ending September 30, 2020 was $23.518B, a 11.28% decline year-over-year. Starbucks has 349,000 employees across 21 locations and $26.51 B in annual revenue in FY 2019. Coffee market is extremely competitive in India. On April 13, 2020 April 18, 2020 By Competitors Content Team Starbucks is the major coffee brand in the world. As a result, the 100’s of coffee shops around the corner are the most widespread Starbucks Competitor and a true competitor for the coffee chain. In the year 2006, for marketing reasons and to achieve dominance, Tetley brand was purchased by Tata group at $1.4 billion dollars and rebranded to Tata tea which is currently the second largest tea manufacturer in the world after Unilever. Café Coffee Day is another global company and largest Arabica beans producer and Exporter in Asia. A. L. Van Houtte, a Canadian-based company, is another strong competitor of Starbucks in the Canadian region. It is usually packed in loose tea bags and comes in different flavors and colors i.e. Therefore, except McDonaldâs, which actually is more of a fast food chain than coffee selling chain, all other major competitors operate considerably smaller store networks. Over the past few years, its revenue has increased steadily. Kentucky Fried Chicken (KFC): KFC specializes in fried chicken. Brands (YUM), Domino's Pizza (DPZ), Darden Restaurants (DRI), and Dunkin' Brands Group (DNKN). JAB owned brands such as Pret a Manger, Peetâs Coffee, and Caribou Coffee also put considerable pressures on Starbucks. A large retail network with coffee shops and third-party retailers maximize brand exposure. Some of its widely known products include Caffe Latte, espresso, Teavana tea products, fresh juices like Frappuccino and snacks including chips and crackers not to mention bottled coffee drinks, appetizers, wines and ice cream. You can follow me on Facebook. McCafe is strongly coming up as one of the Starbucks Competitor which is gaining market share. Its journey began in 1971 and it entered the European market in 1998 (Starbucks Corporation, 2020). As a % of total net revenues. Starbucks has 291,000 employees and is ranked 2nd among it's top 10 competitors. The company is well known for vertically cutting down on costs; this is from owning Arabica coffee plantations, making furniture for its outlets and also making coffee machines. Coffee is not only sold in large chains but it is also sold in local bakeries and small coffee centers. It is worth noting that Costa Coffee is a subsidiary of The Coca-Cola Company. Thank you for reading our article about starbucks competitive analysis. Starbucks Strengths 2020. With specialization and expertise, Tetley produces over 65 different tea flavors all over the world. Tazo Company produces herbal tea. Its presence in 35 countries itself tells the success story of the company. Last updated: Oct 10, 2020 Company: Starbucks CEO : Kevin Johnson Year founded : 1971 Headquarter : Seattle, USA Number of Employees (Sept 2019): 346,000 Type: Public Ticker Symbol: SBUX Market Cap (Oct 2020): $ 105.22 Billion Annual Revenue (Sept 2019) : $26.51 Billion Profit (Net income) (Sept 2019): $3.60 Billion Advertising was done on televisions with the initial advertising budget estimated to be around 4 million Dollars. With nearly 30,000 stores worldwide, including many locations in shopping centers and airports, Starbucks has become a force of nature in the retail business. The competition will be whittled down by almost 50% on Thursday before heading into Friday, when the final 16 will battle it out in the nail-biting latte art throw-down. Dilmah Tea Company was founded in 1974 in Sri Lanka where tea was famously referred to us Silone Tea.It late expanded to Indonesia, Turkey and 90 other countries. This is the second largest coffeehouse in the world after Starbucks and the â¦ Other competitors of Starbucks are Pret A Manger (Europe) Ltd and Caffe Nero. The business of Starbucks went unchallenged for many years in China. Its nearest competitor is Dunkin which has over 9.5 thousand stores. âComparing the results to its competitors, Starbucks reported Total Revenue decrease in the 2 quarter 2020 year on year by -38.12 %, faster than overall decrease of Starbucks's competitors by -30.47 %, recorded in the same quarter.â ("Starbucks's"). Starbucks for Life means the winner will receive a daily credit for 30 years for one free food or beverage item at participating Starbucks stores in the U.S. Wendyâs is a fast-food restaurant chain with more than 6,700 locations worldwide.ï»¿ï»¿ â¦ As Starbucks is faced with more competition than ever, from McDonaldâs McCafe on the low end to Blue Bottle Coffee on the upscale end, the company is â¦ Although the drink hit Starbucks' menu earlier than previous years, Dunkin' already beat its competition â¦ As a representative of ‘second wave coffee,’ Starbucks is known for its distinguished quality coffee, top notch customer service and best-tasting coffee made from espresso machines. Companies in the sub-industry of "restaurants" are considered alternatives and competitors to Starbucks, including McDonald's (MCD), Chipotle Mexican Grill (CMG), Yum! Naturally, they are indirect Starbucks Competitors. This article aims to explore the main competitors of Starbucks in the USA, the UK, China, and India. Other relevant articles for you are: Competitors of McDonald’s (Competitor analysis of McDonald’s), Top 10 coffee-producing countries in the world. The top 10 competitors in Starbucks' competitive set are Costa Coffee, McDonald's, Dunkin' Donuts, CCD, Tim Hortons, Peet's, Caribou Coffee, Barista Coffee, Tullys, Luigi Lavazza S.p.A.. You may also like reading SWOT analysis Starbucks and Marketing mix of Starbucks. It appears that it is growing and promoting itself aggressively to pose a serious threat to Starbucks in the country. All other starbucks competitor have a combination of different products to offer. Returns as of 12/17/2020. Tazo Tea sells because of its unique taste, aroma and medicinal qualities. Starbucks annual revenue for 2020 was $23.518B, a 11.28% decline from 2019. 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