5 Largest Coffee Companies in the World in 2021

2. Dunkin’ Donuts; Owned by Inspire Brands

Dunkin’ Donuts was founded in 1948 as ‘Open Kettle’ and is run by Dunkin Brands Group, Inc. (NASDAQ: DNKN). It is one of the largest coffee companies in the world with over 11,300 outlets located in 36 countries. The U.S. remains its biggest market with 8,500 stores. The company originally started with coffee and doughnuts on its menu, but later expanded to a number of items, including bagels, sandwiches, and salads. Dunkin’ Donuts saw a decline in sales due to the pandemic and generated $1.3 billion in revenues. To overcome the loss, the company modernized its menu and introduced ‘Charli drink’ which resulted in a 57% increase in its app downloads. Dunkin’ Donuts is the largest drive-thru operator in the U.S. with over 6,300 sites and control 65% of the U.S. market along with Starbucks Corporation (NASDAQ: SBUX).

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