Top Starbucks Competitors & Similar Companies
Starbucks is a prime coffee shop chain located in different parts of the world. Starbucks has approx. 24500 with major outlets in USA, China, Canada, Japan, and South Korea.
In any business, there are several companies & brands which compete with each other by offering similar products & services.
For any company to thrive, it is not only important for them to improve their own products, but to also look at what their competitor is offering.
Below we look at the top 7 competitors of Starbucks.
1. Costa Coffee:
Costa Coffee is the largest coffeehouse company in Britain and second largest coffee chain in the world. The largest coffeehouse chain being Starbucks and then followed by Costa Coffee. It was founded in London, England in the year 1971 by Italian brothers Bruno Costa and Sergio Costa.
2. Barista:
Barista is a chain of expresso bars. It started in the year 2000 and is head quartered in India. In 2007, it was taken over by Lavazza, which is an Italian manufacturer of coffee products.
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3. McDonald's:
McDonald's was founded in 1940 by Richard and Maurice McDonalds and primarily sells hamburgers, chicken products, cheese burgers, breakfast items, soft drinks, milkshakes and desserts. The restaurant has also included salads, smoothies, fish wraps and fruits. The mode of operation is either franchise based, an affiliate or by the corporation itself.
4. KFC:
KFC is an American Fast food chain earlier called as Kentucky Fried Chicken. It was established in Colonel Harland Sanders with humble beginning in a roadside stall during great depression. KFC is one of the largest fast food chain in world along with McDonalds.
5. Tim Hortons:
Tim Hortons is a café chain famous for its coffee and donuts. It was founded in 1964, by the hockey player Tim Horton and his friend Jim Charade in Hamilton Canada where initially it started as a hamburger joint but later was changed into a café. It was acquired by Burger King in the year 2014 for 11.4 billion dollars.
6. Dunkin Donuts:
Dunkin Donuts is an American company based in Canton. William Rosenberg in Quincy founded it in the year 1950. The company since then has expanded and grown into an excellent coffee and food chain.
7. Café Coffee Day:
Coffee Day Global limited founded by V G Siddhartha owns Café Coffee Day, popularly known as CCD. CDGL is Asia’s largest producer of Arabica beans from their 12 thousand acres of plantations at Chikmagalur, Karnataka. CDGL exports the coffee beans to various countries in Europe, USA and Japan.
To conclude, the above article highlights the various competitors which compete with Starbucks. This understanding helps to evaluate the various external business factors for any company.
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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