Starbucks Coffee: A Yearly Breakdown of Global Sales
As a top global coffeehouse chain, Starbucks has made a significant impact on the coffee industry, with a remarkable sales figure of roughly 4 billion cups of coffee sold annually. This estimate can vary based on global market trends, new store openings, and seasonal promotions. For the latest statistics, we recommend checking Starbucks' annual reports or press releases.
Starbucks Coffee Sales: An Overview
Starbucks is known for its dedication to high-quality coffee and premium experiences. One of the fun facts associated with the company is the enormous amount of milk it uses every day. For instance, a typical Starbucks store in my area consumes over 70 gallons of regular milk daily. This usage translates to a substantial amount of coffee sold—about 1.8 metric tonnes of coffee per day globally. To put this into perspective, if the price of coffee beans is around $2 per pound, the daily cost of coffee alone can be approximately $2,000. If you consider a cup of coffee to be $2, the daily revenue could be nearly $2 million, before overheads.
Starbucks Daily Sales
Based on the sales data from 2006, the average U.S. Starbucks location sold about 503 cups of coffee daily. In 2017, Starbucks reported selling 671,396,071 cups of coffee in a single year. Based on these figures, a reasonable estimate for daily sales is around 1.8 million cups, which amounts to over 145 million cups per year (lessening the impact of holidays like Christmas Day).
Coffee Sales by Location and Type
Starbucks stores come in various types, such as cafes and drive-through locations. During the morning rush, a busy drive-through store can serve up to 50-60 customers every half-hour. Assuming continuous high customer traffic throughout the day, a single location can serve over 1,000 transactions daily. This robust customer flow supports the high number of coffee cups sold yearly.
Considering the retail sales mix, with approximately 75% of sales derived from coffee products and annual sales in 2010 reaching $10.7 billion, and an average cup price of $2.1, we can derive an estimate of 4 billion cups of coffee sold annually. Starbucks continues to refine its sales data and product mix through detailed case studies and annual reports, further confirming this staggering figure.