Industry Analysis & Industry Trends
While a decline in disposable income and healthier eating trends hurt many coffee and snack shops during the recession, demand is set to continue increasing in the five years to 2013. Consumers will start to spend more money on luxuries, such as eating out, which will help raise the industry's revenue. Furthermore, operators will look to international expansion in Asia and the Middle East to boost growth as the industry nears domestic saturation... purchase to read more
Industry Report - Industry Locations Chapter
The industry's business locations are primarily distributed according to the population. Because the industry provides quick meals to consumers, industry establishments need to be located near their customer base. The level of household income per capita also plays a role, as those households with higher incomes are more likely to spend higher amounts on food and beverages consumed outside the home.
The West region contains the highest number of establishments, with 25.8% of the industry total. This high percentage is due to the large population of the region (17.0%) and the fact that the region is a tourism and business hub. Other regions with a significant number of establishments include the Mid-Atlantic (18.7%), the Great Lakes (12.4%) and the Southeast (15.6%)... purchase to read more