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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 | Jan 2016

Perked up: 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
$40bn
Annual Growth 11-16
4.6%
Annual Growth 16-21
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Profit
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Employment
676,561
Businesses
57,828
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 food-service 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 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 2011. 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 and affordable menu items. Stores that once specialized in catering to the unhealthy whims of consumers have strategically shifted to provide healthier, gourmet menu items. Because gourmet foods normally come with higher price tags, the industry has experienced a surge in profit. Over the five years to 2016, industry revenue is expected to increase at an annualized rate of 4.6% to $39.9 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
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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