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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 | Apr 2015

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

IBISWorld’s Coffee & Snack Shops market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$41bn
Annual Growth 10-15
3.0%
Annual Growth 15-20
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Profit
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Employment
589,855
Businesses
49,655
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. Demand for coffee and snack shops has increased at a faster rate than most segments of the food-service sector, as consumers increasingly seek convenience at an affordable price. Additionally, the industry has adapted o changing consumer preferences, especially those relating to health and diet. In the next five years, these trends are expected to continue bolstering demand. As a result, major chains will invest in expansion and international growth, increasing industry revenue... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry are low in this industry, given that an operator can lease premises, equipment, furniture and fittings, which lowers the initial capital costs, outlays and borrowings for the industry. The industry's two biggest players, Starbucks and Dunkin' Donuts dominate aspects of the coffee shop segment of the industry and have a large impact on product developments, however, in other market segments they have limited influence. The industry is on the whole highly fragmented and small-business orientated.

Franchise agreements

Entry to the industry can also occur through signing a franchise agreement, which includes outfitting and equipment, as well as training and computer systems... 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
Coffee beveragesOther beveragesFood
 
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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