Here's my way of calculating running count by groups in Sheets:
=LAMBDA(a,INDEX(if(a="",,COUNTIFS(a,a,row(a),"<="&row(a)))))(B4:B)
The complexity of this formula is R^2 = 1000000 operations for 1K rows. I'd love to make more efficient formula, and tried combinations of LABMDA and SCAN. For now I've found only the way to do it fast with 1 group at a time:
=INDEX(IF(B4:B="🌽 Corn",SCAN(0,B4:B,LAMBDA(i,v,if(v="🌽 Corn",i+1,i))),))
Can we do the same for all groups? Do you have an idea?
Note: the script solution would use object and hash to make it fast.

We have a list of N items total with m groups. Group m(i) is a unique item which may repeat randomly. Samlpe dataset:
a
b
b
b
a
↑ Sample for 5 items total and 2 groups: N=5; m=2. Groups are "a" and "b"
The task is to find the function which will work faster for different numbers of N and m:
m(i)mN ~ 50K+Samlpe Google Sheet with 50K rows of data. Please click on the button 'Use Tamplate':
Test Sheet with 50K values
Tested solutions:
Countifs from the question and Countif and from answer.Xlookup from answerMatch logic from answerSorting logic from the answerIn my enviroment, the sorting option works faster than other provided solutions. Test results are here, tested with the code from here.
Sorting algorithmThe idea is to use SORT in order to reduce the complexity of the calculation. Sorting is the built-in functionality and it works faster than countifs.

Data is in range A2:A
=SORT({A2:A,SEQUENCE(ROWS(A2:A))})
C2:C is a range with sorted groups
=MAP(SEQUENCE(ROWS(A2:A)),LAMBDA(v,if(v=1,0,if(INDEX(C2:C,v)<>INDEX(C2:C,v-1),1,0))))
Count the item of each group by the column of 0/1 values, 1 - where group starts:
=SCAN(0,F2:F,LAMBDA(ini,v,IF(v=1,1,ini+1)))
=SORT(H2:H,D2:D,1)
Suggested by Tom Sharpe:
cut out one stage of the calculation by omitting the map and going straight to a scan like this:
=LAMBDA(a,INDEX(if(a="",, LAMBDA(srt, SORT( SCAN(1,SEQUENCE(ROWS(a)), LAMBDA(ini,v,if(v=1,1,if(INDEX(srt,v,1)<>INDEX(srt,v-1,1),1,ini+1)))), index(srt,,2),1) ) (SORT({a,SEQUENCE(ROWS(a))})))))(A2:A)
↑ In my tests this solution is faster.
I pack it into the named function. Sample file with the solution: https://docs.google.com/spreadsheets/d/1OSnLuCh-duW4eWH3Y6eqrJM8nU1akmjXJsluFFEkw6M/edit#gid=0
this image explains the logic and the speed of sorting:

↑ read more about the speed test
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