Industry Analysis & Industry Trends
Over the five years to 2014, the Coffee and Snack Shops industry has experienced steady growth thanks to an increase in consumer spending resulting from a healthier economic outlook and higher disposable incomes. Additionally, the industry has had to alter its product offerings in order to appease changing consumer preferences over the period. Consequently, industry operators have reduced the amount of products offered that contain high levels of salt and fat. Over the next five years, major industry operators are expected to increase their international operations in order to capitalize on emerging markets abroad. Furthermore, industry operators will also increase their menu options to increase sales and profitability... purchase to read more
Industry Report - Industry Products Chapter
The major product segments for the Coffee and Snack Shops industry include coffee shops, donut shops, ice cream shops, bagel shops, frozen yogurt shops and cookie shops.
Coffee shops are the largest product segment in the industry, and they are estimated to make up about 49.0% of industry revenue in 2014. The proportion of industry revenue that comes from coffee shops has increased in the 10 years to 2014. This is due to the rapid proliferation of coffee shops and cafes throughout the United States and the increased popularity of major coffee shop chains, such as Starbucks.
Donut shops are the second-largest product segment in this industry, and they are estimated to make up about 13.0% of industry revenue in 2014... purchase to read more