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.
Nescafe is a brand of Nestle which is especially for the brand of instant coffee, and that the brand is world famous and is globally well known. Nescafe started around 1938. The main reason for starting this brand was because the brand Nestle was successful and the company wanted to infuse the milk making techniques into the coffee making ones.
Tata Tea Limited now known as Tata Global Beverages Limited was started in 1964 under the Tata Group. Its headquarters is in Kolkata. It is the most successful tea company of India and the 2nd largest tea and hot beverages company in the world.
Tetley is one of the biggest competitors of Lipton.
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. Red Bull:
Red Bull Energy drink was founded in the 1980s by Austrian entrepreneur Dietrich Mateschitz in partnership with Chaleo Yoovidhya. This came as an inspiration to an existing drink called Krating Daeng which was introduced in Thailand by Chaleo Yoovidhya. Dietrich modified the ingredients and the first red bull drink was sold in Austria in the year 1987.
7. Coca Cola:
Coca Cola is a carbonated soft drink produced by Coca Cola company. It has a diverse product portfolio in the beverage industry. Coca Cola was founded in May,1886.
To conclude, the above article highlights the various competitors which compete with Lipton. This understanding helps to evaluate the various external business factors for any company.
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