15 Largest Coffee Companies in the World in 2021

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In this article we will take a look at the 15 largest coffee companies in the world in 2021. You can skip our detailed analysis of these companies’ outlook for 2021 and some of the major growth catalysts for coffee stocks and go directly to the 5 Largest Coffee Companies in the World in 2021.

Coffee is undoubtedly one of the most popular beverages in the world today. Produced from two main types of beans, Arabica and Robusta, coffee is becoming more of a lifestyle rather than an average drink. Whether it’s an early morning work call, inviting guests over, or conducting a small meeting, coffee has always been a go-to drink for every situation. Not only that, but coffee is also responsible for the livelihoods of over 125 million people. According to Fairtrade Foundation, coffee is one of the most widely traded tropical agricultural products, and 80% of the coffee is produced by 25 million smallholders. The largest coffee companies in the world also cater to the needs of their customers by constantly evolving their menus. The U.S. is the world’s leading consumer of coffee with the consumption of 400 million cups per day.

The onset of the novel Covid-19 has affected the coffee market as well. From daily consumption to exports, the pandemic has created a significant difference in numbers compared to the previous years. The report by World Coffee Portal showed that the U.S. branded café segment suffered a $11.5 billion sales decline in the past 12 months and is valued at $36 billion. Even though the production of coffee is estimated to rise by 0.5% to 169.6 million bags, world consumption is projected to remain 2% below the total production in the coffee year 2020/21. Moreover, coffee exports also fell by 5.3% in 2020.

To overcome this loss, coffee shops are already planning to bounce back with drive-thrus, digital integration, and new trading formats. Some of the largest coffee companies in the world like Starbucks Corporation (NASDAQ: SBUX) and Dunkin Brands Group, Inc. (NASDAQ: DNKN) are focusing more on the drive-thru or ‘pickup’ facilities, shifting from the usual sit-in restaurants. Coffee was already a leading ecommerce grocery product even before 2020 and the closure of restaurants around the world also boosted online sales at various restaurants. Starbucks Corporation (NASDAQ: SBUX) is encouraging the customers to order through the app and reported that its mobile orders reached a record 22% of transactions in 2020. These trends have certainly increased coffee sales at some of the largest coffee companies in the world.