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MarketBeat
MarketBeat
Nathan Reiff

Can Luckin and Dutch Bros Take Market Share From Starbucks?

In the world of coffee retailers, Starbucks Corp. (NASDAQ: SBUX) has long been the name to beat. As of the first quarter of 2025, the coffeehouse giant held just under 30% of market share, far ahead of its closest competitor, McDonald's Corp. (NYSE: MCD), at under 21%. Indeed, few other companies focused on coffee have even made it into the top 15 for market share within the coffee industry.

After Starbucks and McDonald's, the list is populated mainly by other restaurant companies.

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