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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Analysis Chapter

The Coffee and Snack Shops industry has taken advantage of the rising economic tide over the past five years, posting growth in each year since 2009. As one of the most nimble industries within the broader food service sector, coffee and snack shops have been able to adjust to changing consumer preferences as spending has picked up and consumers opt for more convenient, affordable menu items. Stores that once specialized in catering to the unhealthy whims of consumers have strategically changed to provide healthier, gourmet menu items. Because gourmet food normally comes with higher price tags, the industry has experienced a surge in profit. Over the five years to 2014, industry revenue is expected to increase at an annualized rate of 2.7% to $30.2 billion... 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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