[Ranking] TOP 25 Coffee / Food and Beverage Companies Q3/2023
Intro
The coffee industry plays an integral role in the worldwide economy, providing a much-loved beverage to millions of people around the globe. From humble beginnings as a local beverage, coffee has transformed into a global phenomenon, with its consumption deeply ingrained in the daily lives of people from all walks of life.
With its profound influence, the coffee industry has far-reaching ripple effects across diverse sectors. From agriculture and trade to retail and hospitality, the demand for coffee has created countless job opportunities and supported entire communities. Moreover, the industry's reliance on various suppliers, distributors, and retailers fosters collaboration and interdependence among different players in the food and beverage sector.
The economic magnitude of the coffee industry is staggering. According to recent reports, the global coffee market is projected to reach a value of over $100 billion by 2025. This upward trajectory can be attributed to increasing consumer preferences for specialty coffee, the proliferation of coffee shops, and the growing popularity of ready-to-drink coffee products.
In recent years, the coffee industry has witnessed several notable trends, breakthroughs, and obstacles. The rise of sustainability and fair trade initiatives has led to greater transparency and accountability in the supply chain. Additionally, advancements in technology and the emergence of specialty coffee brewing techniques, such as pour-over and cold brew, have reshaped the way coffee is prepared and consumed. However, the industry also faces challenges such as climate change, volatile commodity prices, and shifting consumer preferences.
The coffee industry is a dynamic and ever-changing landscape. From the rise of artisanal coffee shops to the expansion of multinational coffee chains, the industry continually adapts to meet the evolving demands of consumers. Understanding the top companies in this sector is crucial for gaining insights into the broader trends and developments shaping the coffee industry's future.
Ranking
#25 Coffee Holding Co.
Employees: 0.1K
Revenue: 15M$
Website: https://www.coffeeholding.com
Description: Coffee Holding Co. is a leading coffee roasting and distribution company based in Staten Island, United States. Since its establishment in 1971, the company has been dedicated to sourcing, roasting, and selling high-quality coffee beans to various markets. With a team of approximately 100 employees, Coffee Holding Co. offers a wide range of coffee products, including specialty blends, single-origin coffees, and private label options. The company operates in the highly competitive food and beverage industry, catering to the growing demand for premium coffee. With annual revenues of around 15 million dollars, Coffee Holding Co. continues to expand its presence in the coffee industry through strategic partnerships and a commitment to delivering exceptional coffee experiences to its customers.
#24 Peet's Coffee
Employees: 4K
Revenue: 500M$
Website: https://www.peets.com
Description: Peet's Coffee is a prominent player in the Food and Beverage industry, specifically in the coffee sector. With its headquarters located in Emeryville, United States, Peet's Coffee has been serving customers since its establishment in 1966. The company boasts a workforce of approximately 4,000 employees, who contribute to its success in generating an estimated revenue of 500 million dollars. Peet's Coffee is widely recognized for its commitment to sourcing and roasting high-quality coffee beans, ensuring that customers can enjoy a premium coffee experience. Through its website, https://www.peets.com, Peet's Coffee offers a wide range of coffee products, including whole bean coffee, ground coffee, and single-serve options, catering to the diverse preferences of coffee enthusiasts worldwide.
#23 Illycaffe
Employees: 3K
Revenue: 500M$
Website: https://www.illy.com
Description: Illycaffe is a renowned Italian coffee company headquartered in Trieste, Italy. Founded in 1933, the company has a rich history in the coffee industry. With a workforce of approximately 3,000 employees, Illycaffe is committed to delivering high-quality coffee products to its customers. The company generates an estimated annual revenue of 500 million US dollars. Illycaffe operates in the Food and Beverage industry, focusing on providing exceptional coffee products and experiences to coffee enthusiasts worldwide.
#22 Farmer Bros.
Employees: 1.5K
Revenue: 700M$
Website: https://www.farmerbros.com
Description: Farmer Bros. is a leading coffee company based in Fort Worth, Texas. Founded in 1912, the company has been providing high-quality coffee products and services to the food and beverage industry for over a century. With a team of 1.5K employees, Farmer Bros. is dedicated to sourcing, roasting, and distributing a wide range of coffee blends, including whole bean, ground, and single-serve options. The company's commitment to sustainability is reflected in its comprehensive coffee sourcing program, which focuses on ethical and environmentally-friendly practices. Farmer Bros. serves a diverse customer base, including restaurants, convenience stores, hospitality establishments, and office coffee service providers. With a revenue of 700M$, the company continues to be a trusted partner in the coffee industry.
#21 Massimo Zanetti Beverage Group
Employees: 3.5K
Revenue: 1.2B$
Website: https://www.massimozanetti.com
Description: Massimo Zanetti Beverage Group, headquartered in Villorba, Italy, is a leading player in the coffee industry. Founded in 1973, the company operates globally and is known for its expertise in the production, processing, and distribution of coffee. With a workforce of around 3.5 thousand employees, Massimo Zanetti Beverage Group has established a strong presence in the market. The company generates an estimated annual revenue of 1.2 billion dollars. Committed to providing high-quality coffee products, the group operates across various segments, including retail, foodservice, and private label. With its extensive portfolio of brands and dedication to innovation, Massimo Zanetti Beverage Group continues to thrive in the competitive coffee industry.
#20 Dunkin' Brands
Employees: 1.1K
Revenue: 1.4B$
Website: https://www.dunkinbrands.com
Description: Dunkin' Brands is a leading company in the coffee industry, specializing in the food and beverage sector. With headquarters in Canton, United States, the company operates primarily in North America. Founded in 1950, Dunkin' Brands has a workforce of approximately 1.1 thousand employees. The company generates an annual revenue of around 1.4 billion dollars. Dunkin' Brands is renowned for its popular coffee and bakery products, serving millions of customers across its numerous locations. Through its flagship brand, Dunkin' Donuts, the company offers a wide range of coffee beverages, donuts, and breakfast items. Dunkin' Brands continues to expand its presence in the coffee industry, providing high-quality products and exceptional customer service.
#19 Tata Global Beverages
Employees: 27K
Revenue: 1.8B$
Website: https://www.tataglobalbeverages.com
Description: Tata Global Beverages, headquartered in Kolkata, India, is a leading player in the coffee industry. Founded in 1964, the company has a workforce of approximately 27,000 employees. With an annual revenue of 1.8 billion dollars, Tata Global Beverages operates in various segments of the coffee market, including production, distribution, and marketing of coffee products. The company is committed to providing high-quality coffee to its consumers and has established a strong presence both domestically and internationally. Through its innovative product offerings, strategic partnerships, and emphasis on sustainability, Tata Global Beverages is a key player in the global coffee industry.
#18 Lavazza
Employees: 20K
Revenue: 2B$
Website: https://www.lavazza.com
Description: Lavazza, headquartered in Turin, Italy, is a leading coffee company in the Food and Beverage industry. Founded in 1895, the company has grown to employ approximately 20,000 employees worldwide. With a revenue of 2 billion dollars, Lavazza is a major player in the coffee industry. The company is known for its premium coffee products and operates across various segments, including retail, wholesale, and e-commerce. Lavazza offers a wide range of coffee blends, including ground coffee, coffee capsules, and coffee machines, catering to the diverse preferences of coffee enthusiasts. With a rich heritage and commitment to quality, Lavazza continues to be a key player in the global coffee market.
#17 Cott Corporation
Employees: 10K
Revenue: 2B$
Website: https://www.cott.com
Description: Cott Corporation is a leading player in the global coffee industry. Headquartered in Tampa, United States, the company has been operating since 1923. With a workforce of approximately 10,000 employees, Cott Corporation is dedicated to providing high-quality coffee products to its customers. The company's annual revenue stands at 2 billion dollars, making it a key player in the food and beverage industry. Cott Corporation's commitment to excellence and innovation has positioned it as a leader in the coffee market, serving customers around the world. For more information about Cott Corporation and its coffee offerings, visit their website at https://www.cott.com.
#16 Strauss Group
Employees: 14.5K
Revenue: 2.3B$
Website: https://www.strauss-group.com
Description: Strauss Group is a leading food and beverage company in the coffee industry. Based in Petah Tikva, Israel, the company has a rich history dating back to its founding in 1933. With a workforce of approximately 14,500 employees, Strauss Group is dedicated to producing high-quality coffee products that cater to a wide range of consumer preferences. The company's portfolio includes popular coffee brands such as Elite, Café Hafuch, and Café Strauss. Strauss Group generates an impressive annual revenue of 2.3 billion dollars, making it a major player in the global coffee market. Committed to sustainability and innovation, Strauss Group continues to expand its presence in the food and beverage industry, offering a diverse range of coffee products to satisfy the evolving tastes of consumers worldwide.
#15 JDE Peet's
Employees: 15K
Revenue: 2.5B$
Website: https://www.jdepeets.com
Description: JDE Peet's is a leading coffee company headquartered in Amsterdam, Netherlands. With a rich heritage dating back to 1753, the company is known for its expertise in sourcing, roasting, and distributing premium coffee and tea products. JDE Peet's operates in the food and beverage industry and is focused on providing high-quality coffee and tea experiences to consumers worldwide. The company offers a wide range of brands including Jacobs, Douwe Egberts, Peet's Coffee, and Tassimo. JDE Peet's has a strong presence in Europe and other regions, and it continues to innovate and expand its product portfolio to meet the evolving preferences of coffee enthusiasts globally.
#14 Luckin Coffee
Employees: 11K
Revenue: 2.9B$
Website: https://www.luckincoffee.com
Description: Luckin Coffee is a Chinese coffee chain company headquartered in Xiamen, China. Founded in 2017, the company operates in the Food and Beverage industry, specifically in the coffee sector. With over 11,000 employees, Luckin Coffee has quickly become a major player in the Chinese coffee market. The company generated a revenue of 2.9 billion US dollars in its latest fiscal year. Luckin Coffee aims to provide convenient, high-quality coffee to its customers through its extensive network of stores and delivery services. The company's commitment to innovation and technology has also helped it gain a competitive edge in the industry.
#13 Hain Celestial Group
Employees: 4.5K
Revenue: 3.2B$
Website: https://www.hain.com
Description: The Hain Celestial Group, headquartered in Lake Success, United States, is a leading player in the Coffee industry. Founded in 1993, the company operates globally, offering a wide range of coffee products to consumers. With approximately 4.5 thousand employees, the company has established itself as a major player in the market. Hain Celestial Group generates an impressive revenue of 3.2 billion dollars, positioning itself as a key contributor to the Food and Beverage industry. With a strong focus on quality and innovation, the company continues to drive growth and meet the evolving demands of coffee enthusiasts worldwide.
#12 Monster Beverage
Employees: 3K
Revenue: 4B$
Website: https://www.monsterbevcorp.com/
Description: Monster Beverage is a leading player in the Coffee industry, operating primarily in North America. Headquartered in Corona, United States, the company was founded in 2002. With approximately 3,000 employees, Monster Beverage has established itself as a major player in the market. The company generates an estimated revenue of 4 billion dollars annually. Monster Beverage offers a wide range of coffee products, catering to the diverse tastes and preferences of consumers. With its strong brand presence and commitment to quality, Monster Beverage continues to thrive in the competitive Coffee industry.
#11 Nestle Waters
Employees: 5.5K
Revenue: 7.4B$
Website: https://www.nestle-waters.com/
Description: Nestle Waters, a subsidiary of Nestle S.A., is a leading player in the global coffee industry. Headquartered in Stamford, United States, Nestle Waters operates across North America and has a significant presence in the coffee market. With a rich history dating back to its founding in 1992, the company has established itself as a key player in the food and beverage sector. Nestle Waters employs approximately 5.5 thousand employees and generates an impressive annual revenue of 7.4 billion dollars. The company is known for its commitment to quality and sustainability, offering a wide range of coffee products that cater to diverse consumer preferences.
#10 J.M. Smucker
Employees: 7.5K
Revenue: 7.4B$
Website: https://www.jmsmucker.com
Description: J.M. Smucker, headquartered in Orrville, Ohio, is a leading player in the Coffee industry. Founded in 1897, the company has grown to become a major player in the Food and Beverage sector. With approximately 7,500 employees, J.M. Smucker operates in North America and offers a wide range of coffee products to consumers. The company's revenue stands at 7.4 billion US dollars, making it a significant contributor to the industry. J.M. Smucker's commitment to quality and innovation has helped establish its position as a trusted brand in the Coffee industry.
#9 Keurig Dr Pepper
Employees: 25K
Revenue: 11B$
Website: https://www.keurigdrpepper.com/
Description: Keurig Dr Pepper is a leading company in the Coffee industry. With its headquarters in Burlington, United States, the company operates primarily in North America. Founded in 2018, Keurig Dr Pepper has a workforce of approximately 25,000 employees. The company generates an annual revenue of around 11 billion US dollars. Keurig Dr Pepper is known for its wide range of coffee products, including single-serve coffee pods, ground coffee, and ready-to-drink coffee beverages. The company's portfolio includes popular brands such as Keurig, Dr Pepper, Green Mountain Coffee Roasters, Snapple, and more. Keurig Dr Pepper continues to innovate and expand its offerings in the coffee industry, catering to the diverse preferences of coffee consumers.
#8 Suntory Holdings
Employees: 40K
Revenue: 20B$
Website: https://www.suntory.com/
Description: Suntory Holdings is a Japanese company headquartered in Tokyo, Japan. Established in 1899, Suntory Holdings operates in the Coffee industry under its subsidiary, Suntory Coffee Ltd. With a workforce of approximately 40,000 employees, the company has achieved significant success in the global coffee market. Suntory Holdings is known for its commitment to quality and innovation, offering a wide range of coffee products to meet the diverse preferences of consumers. The company's revenue has reached an impressive 20 billion dollars, reflecting its strong position in the competitive food and beverage industry. With its rich history and dedication to excellence, Suntory Holdings continues to shape the future of the coffee industry.
#7 Danone
Employees: 100K
Revenue: 25B$
Website: https://www.danone.com
Description: Danone, headquartered in Paris, France, is a leading company in the food and beverage industry, specifically in the coffee sector. With a history dating back to 1919, Danone has grown to become a global player in the industry. The company employs approximately 100,000 people worldwide and generates an impressive revenue of 25 billion dollars. Danone's focus on coffee encompasses various aspects of the industry, including production, distribution, and marketing of coffee products. Through its innovative approach and commitment to quality, Danone aims to satisfy the diverse tastes and preferences of coffee enthusiasts around the world.
#6 Mondelez International
Employees: 80K
Revenue: 26B$
Website: https://www.mondelezinternational.com
Description: Mondelez International, headquartered in Deerfield, United States, is a leading global player in the Coffee industry. Founded in 1989, the company has a workforce of approximately 80,000 employees. With a revenue of 26 billion dollars, Mondelez International is known for its extensive range of coffee products that are enjoyed by consumers around the world. The company caters to the diverse preferences of coffee enthusiasts, offering a wide variety of flavors, blends, and brewing methods. Mondelez International's commitment to sustainability and responsible sourcing is reflected in their coffee production practices, ensuring high-quality products while minimizing environmental impact. Through continuous innovation and strategic partnerships, Mondelez International continues to strengthen its position as a key player in the Coffee industry.
#5 Starbucks
Employees: 346K
Revenue: 26.7B$
Website: https://www.starbucks.com
Description: Starbucks is a global coffee company headquartered in Seattle, United States. Founded in 1971, it has become one of the most recognizable brands in the coffee industry. With a workforce of approximately 346,000 employees, Starbucks operates thousands of coffee shops worldwide, offering a wide range of beverages and food items. The company's revenue reached 26.7 billion dollars, making it a major player in the food and beverage industry. Starbucks is known for its commitment to quality and sustainability, and it has implemented various initiatives to promote ethical sourcing and reduce its environmental impact. With its strong brand presence and continuous expansion, Starbucks remains a dominant force in the coffee industry.
#4 Coca-Cola
Employees: 100K
Revenue: 33.0B$
Website: https://www.coca-cola.com
Description: Coca-Cola, headquartered in Atlanta, United States, is a leading player in the Food and Beverage industry. The company was founded in 1886 and currently employs approximately 100,000 individuals worldwide. With an impressive revenue of 33.0 billion dollars, Coca-Cola has established itself as a major player in the Coffee industry. Through its range of coffee products, including popular brands like Georgia Coffee and Costa Coffee, Coca-Cola has successfully captured a significant market share. With its strong presence and extensive distribution network, Coca-Cola continues to drive innovation and growth in the Coffee industry.
#3 Unilever
Employees: 149K
Revenue: 58.9B$
Website: https://www.unilever.com/
Description: Unilever is a multinational consumer goods company headquartered in Rotterdam, Netherlands. With a history dating back to 1929, Unilever operates in the Food and Beverage industry, specifically in the Coffee sector. The company has a diverse portfolio of coffee brands, including Lipton, PG Tips, and T2. Unilever's coffee products range from tea bags and loose tea leaves to instant coffee and coffee pods. With a workforce of approximately 149,000 employees worldwide, Unilever generates an annual revenue of 58.9 billion US dollars. The company is committed to sustainable sourcing and production practices, aiming to improve the livelihoods of coffee farmers and reduce its environmental impact.
#2 PepsiCo
Employees: 290K
Revenue: 70B$
Website: https://www.pepsico.com/
Description: PepsiCo, headquartered in Purchase, New York, is a leading company in the Food and Beverage industry with a focus on the Coffee sector. Founded in 1965, PepsiCo has grown into a global powerhouse with operations in over 200 countries. With a workforce of approximately 290,000 employees, the company is committed to delivering top-quality products and meeting the evolving needs of consumers. PepsiCo's revenue stands at an impressive 70 billion dollars, reflecting its strong market presence and successful business strategies. Through its various brands and innovative offerings, PepsiCo continues to shape the Coffee industry and maintain its position as a key player in the global food and beverage market.
#1 Nestle
Employees: 290K
Revenue: 93.4B$
Website: https://www.nestle.com/
Description: Nestle, headquartered in Vevey, Switzerland, is a leading company in the coffee industry. Founded in 1866, Nestle has grown to become one of the largest food and beverage companies globally. With approximately 290,000 employees, Nestle operates in various segments of the coffee industry, including the production and distribution of coffee beans, instant coffee, and coffee-related products. The company has a strong presence in both the consumer and professional coffee markets, offering a wide range of coffee brands and products. Nestle's revenue in the coffee sector reached 93.4 billion US dollars, making it a key player in the global coffee market.
Summary
The top companies in the coffee sub-industry have been identified based on their rankings and significant accomplishments. These companies have demonstrated exceptional growth and innovation in the highly competitive food and beverage industry.
One unexpected finding is the increasing popularity of specialty coffee. Consumers are now more inclined towards unique and premium coffee experiences, leading to the success of companies that specialize in high-quality coffee beans and innovative brewing methods.
Among the premier companies in the coffee sub-industry is a global coffeehouse chain that has revolutionized the way people consume coffee. With its iconic stores and extensive menu options, this company has become a household name worldwide.
The success of these leading coffee companies can be attributed to their focus on sustainability and ethical sourcing. They prioritize fair trade practices, support local farmers, and invest in environmentally friendly initiatives. Additionally, these companies have mastered the art of customer experience, creating welcoming and cozy environments in their coffee shops.
What sets these eminent coffee companies apart from their rivals is their commitment to innovation. They constantly introduce new flavors, brewing techniques, and coffee-related products to cater to evolving consumer preferences. Moreover, these companies have established strong brand identities, making them instantly recognizable and trusted by coffee enthusiasts around the globe.