Jubilant FoodWorks Limited (JFL), part of the Jubilant Bhartia Group, stands as one of India's largest and fastest-growing food service companies. Incorporated in 1995 and commencing operations in 1996, JFL has established itself as a prominent player in the food service industry, particularly within the emerging markets. The company's extensive network comprises 2,991 stores across six countries: India, Turkey, Bangladesh, Sri Lanka, Azerbaijan and Georgia. Over the past year, JFL has significantly expanded, adding 356 stores to its network.
JFL boasts a diverse portfolio of brands, holding franchise rights for three global brands-Domino's, Popeyes and Dunkin'-and operating two proprietary brands: Hong's Kitchen, an IndoChinese quick service restaurant (QSR) in India, and COFFY, a café brand in Turkey. In India alone, JFL operates 1,995 stores across 421 cities, underscoring its dominance and rapid growth within the food service sector. With a strong presence in the emerging markets and a strategic focus on expansion, JFL continues to leverage its brand portfolio to cater to diverse food market segments, reinforcing its position as a leading food service company.
Dominance in the Market
Jubilant FoodWorks demonstrates significant market dominance across multiple countries, underpinned by an extensive network of stores and strategic expansion plans. In India, Jubilant FoodWorks holds the top market position with 1,995 stores, showcasing its substantial reach and influence. Similarly, in Turkey, Jubilant FoodWorks maintains the top rank with 700 stores, underscoring its leadership in this market. Bangladesh also sees Jubilant FoodWorks in the leading position with 28 stores. In Sri Lanka, Jubilant FoodWorks is ranked second with 30 stores. Meanwhile, in Azerbaijan and Georgia, Jubilant FoodWorks is ranked third and second respectively, with 10 and seven stores, indicating growing influence in these regions.
Denne historien er fra July 29, 2024-utgaven av Dalal Street Investment Journal.
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Denne historien er fra July 29, 2024-utgaven av Dalal Street Investment Journal.
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