The Evolution of Starbucks in the Global Landscape
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.
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 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.
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
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