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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 | May 2016

Coffee break: Operators will add high-margin items to appeal to health-conscious consumers

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
$39bn
Annual Growth 11-16
4.3%
Annual Growth 16-21
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Profit
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Employment
676,041
Businesses
57,320
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 in the foodservice sector, as consumers increasingly seek convenience at an affordable price. Additionally, the industry has adapted to changing consumer preferences, especially those relating to health and diet. Over the next five years, these trends are expected to continue bolstering demand. As a result, major chains will invest in expansion and international growth, strengthening industry revenue... purchase to read more

Industry Report - Industry Key Buyers Chapter

IBISWorld estimates that in 2016, the top four players in this industry account for about 67.2% 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 50.0% 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
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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