Coffee break: Operators will continue expanding their menu options to appeal to health-conscious consumers

Over the past five years, the Coffee and Snacks shop industry in Massachusetts has experienced steady growth, largely thanks to declining unemployment creating more transient, on-the-go lifestyles for many consumers, spurring consumer spending in turn for industry services. Over the five years to 2018, consumer spending has increased at an annualized rate of 2.6%. Further, unemployment is expected to decline from 6.7% in 2013 to 4.0% in 2018, indicating that a larger number consumers with less time are increasingly demanding convenient and expedited food and beverage choices...purchase to read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 13-18
3.3%
Forecast Growth 18-23
Profit
Employment
36,464
Businesses
2,716

Industry Threats & Opportunities

  • One of the fastest-growing segments of the industry over the past five years has been independent coffee shops
  • Industry Report - Industry Key Buyers Chapter

    •The Coffee and Snack Shops industry in Massachusetts has a low level of concentration.•The industry is dominated by smaller players, and exhibits a lower level of concentration than its national counterpart.•More than 75.0% of establishments employ less than 20 individuals, while under 65.0% employ the same amount at the national level...purchase to read more.

    Additional Insights for the Coffee & Snack Shops in Massachusetts Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Coffee & Snack Shops in Massachusetts Industry are

  • Having a clear market position
  • Effective cost controls
  • Ability to franchise operations
  • IBISWorld analysts also discuss how external factors such as Consumer spending in Massachusetts and Healthy eating index in the Coffee & Snack Shops in Massachusetts industry impact industry performance..

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    What's in this report

    What is the Coffee & Snack Shops in Massachusetts 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
  • Beverages
  • Food
  • Packaged coffee and other related merchandise
  • Industry Activities
  • Operating snack shops
  • Operating ice cream and soft-serve shops
  • Operating frozen yogurt shops
  • Operating donut shops
  • Operating bagel shops
  • Operating coffee shops
  • Operating cookie shops
  • Operating juice and smoothie shops
  • Operating pretzel shops
  • Operating cupcake shops
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer spending in Massachusetts
  • Healthy eating index
  • Consumer Confidence Index
  • Per capita coffee consumption

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Coffee & Snack Shops in Massachusetts Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Beef & Pork Wholesaling
  • Coffee Production
  • Dairy Wholesaling
  • Egg & Poultry Wholesaling
  • Fish & Seafood Wholesaling
  • Frozen Food Wholesaling
  • Fruit & Vegetable Wholesaling

  • Products & Services
  • Beverages
  • Food
  • Other
  • Packaged coffee and other related merchandise
  • Chart: Coffee & Snack Shops in Massachusetts Industry Products and Services Segmentation

  • Major Markets
  • Highest quintile of incomes
  • Fourth quintile of incomes
  • Middle quintile of incomes
  • Second quintile of incomes
  • Lowest quintile of incomes
  • Chart: Major Market Segmentation for the Coffee & Snack Shops in Massachusetts Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Coffee & Snack Shops in Massachusetts

  • Basis of Competition
    Barriers to Entry
    Dunkin' Brands Inc., Starbucks Corporation, Einstein Noah Restaurant Group,
  • Table: Dunkin' Brands Inc. - financial performance
  • Table: Starbucks Corporation - financial performance
  • Table: Einstein Noah Restaurant Group - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Coffee & Snack Shops in Massachusetts Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Coffee & Snack Shops in Massachusetts Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Consumer spending in Massachusetts (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Baby Boomers
  • The demographic of Americans born between 1946 and 1964.
  • Barista
  • A person who prepares and serves espresso-based coffee drinks.
  • Espresso
  • Coffee brewed by forcing a small amount of nearly boiling water under pressure through finely ground coffee beans.
  • Food Service
  • The practice or business of making, transporting, and serving or dispensing prepared foods outside the home.
  • Franchise
  • A store that uses a well-known firm's business model, including their trademark and goods, for a fee. This is an alternative to chain stores, which share a brand and a central management.
  • Point Of Sale (Pos)
  • A system used at checkout in retail stores using computers and cash registers to capture transaction data at the time and place of sale.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Coffee & Snack Shops in Massachusetts can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Coffee & Snack Shops in Massachusetts:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Coffee & Snack Shops in Massachusetts market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Coffee & Snack Shops in Massachusetts, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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