Coffee ☕️

Starbucks is the most profitable coffee company in America based on revenue, with 2024 revenue of $36.2 billion. It leads the market in both revenue and store locations, significantly outpacing its closest competitors in the United States. 

• Revenue: Starbucks' annual revenue of $36.2 billion in 2024 makes it the largest coffee company in the US by revenue, according to pass_by (https://passby.com/blog/top-10-coffee-chains-in-the-us/) and Coffeeness (https://www.coffeeness.de/en/biggest-coffee-companies/). 

• Market presence: The company has a vast number of stores, with more than half of its 32,000+ global locations in the US. 

• Profitability drivers: Its success is attributed to a combination of factors, including its large scale and high volume of sales, a diverse menu of specialty drinks, and strategic marketing. 

• Competition: While Starbucks is the largest, other major players in the American coffee industry include Keurig Dr Pepper, The J.M. Smucker Company, and Dunkin'. [1, 2, 3, 4, 5]  

AI responses may include mistakes.

[1] https://passby.com/blog/top-10-coffee-chains-in-the-us/

[2] https://www.coffeeness.de/en/biggest-coffee-companies/

[3] https://www.mordorintelligence.com/industry-reports/united-states-coffee-market

[4] https://www.fool.com/investing/stock-market/market-sectors/consumer-staples/beverage-stocks/coffee-stocks/

[5] https://www.reddit.com/r/Coffee/comments/y0ic45/where_is_there_money_to_be_made_in_the_coffee/

Henry McClure  
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