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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 SWOT Analysis Chapter

The Coffee and Snack Shops industry is in the mature phase of its lifecycle. Aside from the industry's poor performance during the recession, industry revenue has grown consistently during the past decade and has outpaced the broader food-service sector. However, in many regions the industry has become saturated, leading large chains such as Starbucks to seek growth elsewhere, either overseas or through new product lines. In the 10 years to 2019, industry value added (IVA), which measures an industry's contribution to GDP, is projected to grow at an annual rate of 4.3% per year. During the same period, GDP is estimated to grow at an annualized rate of 2.5%, meaning the industry is growing at a slightly faster rate than the overall economy... 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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