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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 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
$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 - 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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