Sales of biggest global food and drink services companies 2023
When looking at the leading food and drink services chains by sales, as ranked by Forbes in its "Global 2000" list of the largest companies worldwide, the Starbucks Corporation came out on top. The coffee shop chain generated sales of approximately 34 billion U.S. dollars in 2023. Meanwhile, second in the ranking was contract food service company Compass Group, with sales of 32.5 billion U.S. dollars.
What are the leading food service brands worldwide?
While Starbucks accounted for the highest sales, it was not the most valuable quick service restaurant worldwide in 2023. Taking the top spot in that ranking was McDonald’s, with a brand value of over 191 billion U.S. dollars. McDonald’s Golden Arches can be seen all over the world, yet in terms of sales, the company also ranked not only behind competitor Starbucks, but also multinational foodservice companies Compass Group and Sodexo. That said, McDonald’s global revenue has seen year-over-year growth in the past years.
How many Starbucks establishments are there worldwide?
There were 38 thousand Starbucks stores worldwide in 2023, a figure that has seen almost consistent growth over the past 20 years. The largest share of Starbucks’ establishments were located in its home nation of the United States. Despite this, the coffee chain has a tremendous international presence, with the company having accounted for more Starbucks stores abroad than in its home country for more than five years.