3/17/2024 0 Comments Starbucks for life no purchaseWith the global revenue of the online food delivery market reaching 111.32 billion U.S. Meanwhile, food sales have typically been the second largest contributor to Starbucks’ revenue in recent years.Ĭonsumers these days do not just want to go in-store to enjoy their favorite Starbucks products, they also want them delivered to their doorsteps. But which products sell the best? Starbucks’ revenue breakdown showed that the sale of beverages was the number one source of revenue for the chain over the last decade. These include beverages such as teas, hot chocolates, smoothies, iced drinks, and a selection of food products. The chain primarily sells coffee however, it also offers consumers the opportunity to purchase other products. While there are stores located all across the world, the main product types typically remain the same. dollars, Starbucks came second only to QSR behemoth McDonald's. Accounting for a brand value of approximately 47.8 billion U.S. Not only did Starbucks record a high revenue, it also had the second-largest quick-service restaurant brand value worldwide in 2020. Comparatively, international stores recorded revenues of 6.19 billion U.S. During that year, Starbucks’ revenue by country showed that the highest portion of its revenue came from the Americas, where 16.65 billion U.S. Much like with its units, there was year-on-year growth in revenue over the past ten years up until 2019. In 2020, Starbucks' net revenue reached 19.16 billion U.S. Is Starbucks the biggest coffee shop brand?
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