Expert industry market research on the Coffee & Snack Shops in the US (2005-2031). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

Expert industry market research on the Coffee Creamer Production in the US (2005-2029). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

Revenue for the Cafes, Bars, and Other Drinking Establishments industry in China is expected to increase at a CAGR of 17.6% over the five years through 2025. This trend includes an expected increase of 18.0% in the current year.In recent years, lifestyle changes, an increasing emphasis on personal happiness, and the development of a range of drinking establishments have contributed to rapid industry growth. In addition, increasing urbanization in China and higher incomes have boosted the demand for industry services. Improvements in chain store and franchise management and the emergence of new brands have also supported the industry's development over the past five years.The outbreak of COVID-19 has affected the operation of cafes, bars, and other beverage stores. In 2020, the industry's revenue increased slowly compared with previous years, mainly due to the outbreak of COVID-19 in China. Although in 2021, the effective control of COVID-19 restores the rapid growth of industry income, the repeated occurrence of COVID-19 in 2022 led to the reduction of the industry growth rate again.ACMR-IBISWorld forecasts that industry revenue will increase at an annualized 16.2% over the next five years. Competition is projected to intensify as more chain stores, franchises, and independent drinking establishments are set up. Increased competition will also prompt players to look for new opportunities in less-developed regions. As a result, chain operations will continue spreading from east to west, and from first- and second-tier cities to third- and fourth-tier cities.

Expert industry market research on the Tea, Coffee and Other Food Manufacturing in Australia (2008-2031). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

Nestle is a public company headquartered in Virginia with an estimated 270,000 employees. In the US, the company has a notable market share in at least nine industries: Animal Food Production, Frozen Food Production, Coffee Production, Bottled Water Production, Pet Food Production, Coffee Creamer Production, Frozen Pizza Production, Premium Pet Food Production, RTD Coffee Production and RTD Coffee Production. Their largest market share is in the RTD Coffee Production industry, where they account for an estimated 46.2% of total industry revenue.

Consumer sentiment, disposable income levels and drinking habits impact spending on drinking establishments. Europe is known for its well-established drinking culture, which varies from country to country. Beer and wine consumption are very popular on the continent, with many countries also major producers of these beverages. However, alcohol consumption per capita in Europe is on a downward trend, hindering demand for drinking establishments. The COVID-19 pandemic decimated industry demand in 2020 as establishments shut their doors and tourist numbers plummeted. Industry revenue is expected to contract at a compound annual rate of 9.6% to €91.6 billion over the five years through 2024, including a 2.9% drop in 2024. Rising health consciousness, particularly among younger demographics, is reducing per capita alcohol consumption levels. Consumers are reducing their alcohol intake or completely cutting it off due to the health benefits of staying sober. Strict restrictions during the COVID-19 pandemic forced drinking establishments to temporarily shut their doors, severely reducing revenue in 2020 and 2021. International travel bans decimated tourist numbers, which further added to the woes. Although, pent-up demand post-lockdown restrictions has supported a rebound in industry revenue, reinforced by recovering tourist numbers and many people returning to office workplaces. However, in the aftermath of the pandemic, the hurdle of surging inflation has deterred spending on going out and drinking. Many consumers have turned to beverages offered at supermarkets as off-trade alcohol prices are lower. Intense competition from supermarkets, restaurants and cafes has put pressure on prices, hindering revenue and profit growth. This, paired with higher operational costs, has weighed on profitability. Industry revenue is forecast to swell at a compound annual rate of 1.3% to €97.9 billion over the five years through 2029. An improving European economy and subsiding inflation will bolster consumer spending on going out and drinking. However, subdued levels of alcohol consumption per capita and escalating competition will limit revenue growth. To combat competition and keep up with changing consumer preferences, drinking establishment operators will have to broaden their offerings, dabbling in more varied non-alcoholic beverage options, as well as provide more entertainment alongside the sale of more high-quality food.

This industry manufactures dining room and kitchen furniture that is not upholstered and is primarily made from wood. Products include dining room tables, chairs, cabinets, coffee tables, among others.

In 2023, the market size of the quick service restaurant industry worldwide reached 1.1 trillion U.S. dollars, representing a slight increase over the previous year. Quick service restaurants, also known as limited service or fast food restaurants, are establishments which typically serve food to customers quickly while having minimal table service. What are the leading fast food restaurant chains worldwide? As of 2024, Starbucks held the title of the highest-valued restaurant brand in the world. With a brand value exceeding 60 billion U.S. dollars, it was nearly double that of the second most valuable brand, McDonald's. In the ranking of the leading food and drink service chains by global sales, Starbucks was among the top three, generating over 36 billion U.S. dollars. The company closely followed the UK-based food service leader, the Compass Group. Which country has the highest number of Starbucks locations? In 2023, the country with the most Starbucks stores was its home country of the United States, where there were over 16 thousand locations. The coffee shop chain also had a significant presence in China and Korea. In the U.S., Starbucks was the coffee shop chain with the highest sales, generating approximately 20 billion U.S. dollars more than its closest competitor, Dunkin’. Additionally, Starbucks enjoyed popularity among U.S. consumers, receiving an average American Customer Satisfaction Index (ACSI) score of 80 out of 100.

Coffee drinkers have been adding creamer to their coffee for decades, with the market for creamers staying stagnant with little change to what consumers could try. But, changing consumer preferences have wholly changed market dynamics in the industry in recent years. Consumers' strengthening appetite for creamers got an unexpected boost from the COVID-19 pandemic. Coffee consumption at home rose as consumers avoided coffee shops, while others sought comfort in experimenting with indulgent coffee drinks – leading to higher creamer sales. Creamer sales settled in 2021 as out-of-home coffee consumption recovered, but inflation impacting shoppers' wallets has encouraged some consumers to cut back on coffee shop visits. But high inflation has also been challenging – producers are paying for more inputs, with shoppers rethinking spending on specialty options. In all, industry revenue has been expanding at a CAGR of 3.3% to an estimated $4.3 billion in 2023, when revenue will jump an expected 1.4%.Evolving consumer preferences are shifting what coffee drinkers find in the creamer aisle. Creamer producers have introduced new varieties catering to more defined consumer markets. Consumers' health perceptions have brought a growing number of less-produced, natural creamers to shelves – most options available a few years ago were oil blends lacking any real cream. Plant-based creamers are the fastest growing product line, as consumers concerned about their health and the environment alter their buying behaviors. While coffee drinkers excited about new releases drive sales, creamer producers face a more competitive, saturated market, making capturing market share and strengthening profit more challenging.New interest in the coffee creamer market invigorating growth in recent years will subside moving forward, but the upswing of innovation won't. Creamer producers will continue investing in new, exciting creamers catering to consumers' changing shopping behaviors. Cooling inflation could benefit creamer producers moving forward since shoppers can dedicate more money to creamers when essential items are less expensive. Still, a potential recession and the resumption of student loan payments could shrink the food budgets for millions of consumers, making consumers more price-sensitive. Coffee creamer producer revenue is expected to increase at a CAGR of 0.7% to $4.5 billion over the next five years.

Nestle is a Public Company that generates the majority of its income from the Tea, Coffee and Other Food Manufacturing industry.

Treehouse Foods is a public company headquartered in Illinois with an estimated 7,500 employees. In the US, the company has a notable market share in at least two industries: Cookie, Cracker & Pasta Production, Coffee Creamer Production and Cookie, Cracker & Pasta Production. Their largest market share is in the Coffee Creamer Production industry, where they account for an estimated 9.2% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.

Pepsico is a public company headquartered in New York with an estimated 318,000 employees. In the US, the company has a notable market share in at least nine industries: Cereal Production, Snack Food Production, Syrup & Flavoring Production, Soda Production, Bottled Water Production, Juice Production, Energy Drink Production, Pre-Made Salsa Production, RTD Coffee Production and Bottled Water Production. Their largest market share is in the Soda Production industry, where they account for an estimated 43.8% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.

Recent years of high rainfall, particularly from La Nina weather patterns, have brought mixed outcomes for hay and other crop growers. While it enhanced crop yield and quality, it also fuelled occasional floods causing crop damage and price hikes, which hurt revenue. Amid this, farms struggle with the cost of damaged crops, with most farms being non-employing. Chinese trade restrictions have reduced some export sales for Australian beef, but consistent demand from the United States and Japan have keep cattle farmers going. However, this has meant many have reduced their herd sizes, limiting their demand for hay and fodder from the industry. Other crops, like hops and coffee beans, thrive under unique climates, which are more prevalent overseas, driving significant import competition. The Russia-Ukraine conflict has driven up purchase costs for the industry, as both nations were major fertiliser producers. Generally rising fuel costs have exacerbated these pressures, so, despite crop quality and export demand, industry profitability has suffered as many buyers have looked for lower cost alternatives. Overall, industry revenue is expected to have dropped at an annualised 7.3% over the five years through 2023-24 to $1.8 billion, including an 8.0% fall anticipated in 2023-24. Going forwards, unpredictable weather conditions, like potential future El Nino events, could significantly impact hay and other crop yields, with drier conditions potentially boosting the need for fodder crops. Increasing geopolitical stability could alleviate procurement pressures for farmers, particularly in acquiring fertiliser. Wheat feed competition is forecast to pressure hay sales as stagnating wheat prices relative to hay could hinder industry growth over the next few years. Industry revenue is forecast to grow at an annualised 1.0% over the five years through 2028-29, to $1.9 billion.