5 Largest Coffee Companies in the World in 2021

Page 5 of 5

1. Starbucks Corporation (NASDAQ: SBUX)

Starbucks Corporation is one of the largest coffee companies in the world with over 32,943 outlets. The company is known for selling hot and cold beverages and coffee in personalized coffee mugs. Apart from operating retail stores throughout the world, the company also sells at-home coffee pods through various channels including Walmart Inc. (NYSE: WMT) and Amazon.com. Inc, (NASDAQ: AMZN). In 2020, the annual revenue of Starbucks Corporation (NASDAQ: SBUX) dropped 27.7% owing to the pandemic-induced lockdown.

However, the Q2 reports show the growth in global store sales by 15% as well as the opening of 5 new stores. According to the official reports, 70% of its revenue comes from America, while the international stores account for 22%. In 2020, it generated a revenue of $19.16 billion. The company has headquarters in Seattle, Washington.

Starbucks

darya-tryfanava-DmpdY8wYNps-unsplash

You can also take a peek at 10 Best Alternative Fuel Stocks to Buy Now and 10 Best Volatile Stocks to Buy.

Page 5 of 5