Coffeehouse chains - additional information
In 2017, the Starbucks Corporation reported earnings amounting to approximately 2.88 billion U.S. dollars. That year, the Seattle-based company was by far the leading coffee house chain around the globe in terms of revenue, followed by Tim Hortons. Other leading coffee house chains include Dunkin’ Donuts, Costa Coffee, Panera Bread and McCafé.
The revenue of the coffee and snack shop industry in the United States has risen steadily since 2002, despite taking a dip in 2009, and was forecasted to reach around 32.46 billion U.S. dollars in 2016.
During a Hot Drinks survey held by Statista in 2017, 62 percent of the respondents said they drink coffee because they like the taste, while seven percent of the respondents said they drink coffee when they want a healthy drink. A survey held by the National Coffee Association in 2016 found that consumers want to limit their coffee consumption for various reasons. The most common reason (for 45 percent of respondents) was to limit caffeine intake. Interestingly, 16 percent of the survey respondents were worried about the carbon footprint of the coffee they drink and another 16 percent were concerned about the economic inequality for those who grow coffee.