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Coffee & Snack Shops in the US : Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Coffee & Snack Shops Market Research Report | NAICS 72221b | Sep 2014

Perked up: Stores will add high-margin items for health conscious buyers

IBISWorld’s Coffee & Snack Shops market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$30bn
Annual Growth 09-14
2.7%
Annual Growth 14-19
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Profit
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Employment
570,835
Businesses
40,906
Industry Analysis & Industry Trends

Over the past five years, the Coffee and Snack Shops industry has been buoyed by increased consumer spending, driven by higher disposable incomes and greater confidence in the economic outlook. The industry was hit hard by the recession as unemployment rose, consumer confidence tanked and spending dried up. But coffee and snack shops have rebounded from the recession at a faster rate than most segments of the food service sector as consumers increasingly seek convenience at an affordable price. The industry has been given a much-needed boost by rebounds in consumer spending and the Consumer Confidence Index over the five years to 2014... purchase to read more

Industry Report - Industry Key Buyers Chapter

IBISWorld estimates that in 2014, the top four players in this industry account for about 67.9% of the available market share, providing this industry with a medium level of concentration. Given the diversity of snack and beverage styles, as well as industry operations, nearly 48.0% of establishments are small-business operators with nine or fewer employees, according to the US Census Bureau. An additional 52.0% of establishments employ between 10 and 99 staff members. There is also a small number of extremely large chain and franchised operators. For example, Starbucks and Dunkin' Brands make up more than 60.0% of industry market share, giving them considerable market power in determining industry trends and creating a formidable barrier for nonfranchised players... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Coffee & Snack Shops Industry?

This industry is composed of establishments that prepare or serve specialty snacks and nonalcoholic beverages including ice cream, frozen yogurt, cookies, donuts, bagels, coffee, juices, smoothies and sodas. Purchases may be consumed on-site, taken to go or delivered.

Industry Products
Ice cream shopsFrozen yogurt shopsDonut shopsBagel shopsCoffee shopsOther snack shops
 
Industry Activities
Operating snack shopsOperating ice cream and soft-serve shopsOperating frozen yogurt shopsOperating donut shopsOperating bagel shopsOperating coffee shopsOperating cookie shopsOperating juice and smoothie shopsOperating pretzel shopsOperating cupcake shops


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