Industry Analysis & Industry Trends
The Cafes and Coffee Shops industry includes all specialist unlicensed establishments that focus on the sale of coffee, in addition to other hot and cold drinks or light snacks. The performance of the industry has been driven by both economic and social factors, including growth in real household disposable income, preferences for cafes over alternative social venues and greater consumer interest in coffee blends and origins. Over the past five years, coffee has gained widespread appeal and become a daily part of many consumers' lives.
IBISWorld expects industry revenue to grow at a compound annual rate of 6.3% over the five years through 2016-17 to reach £5.8 billion. This includes forecast revenue growth of 5.1% in the current year... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Cafes and Coffee Shops industry has a low level of market share concentration, with the top four companies accounting for 38.9% of revenue. Although the large global brands have a strong presence within the industry, they are outnumbered by numerous independent establishments operating throughout the United Kingdom. In many places, local support for independently run establishments makes it difficult for larger enterprises to compete and, in a number of cases, local opposition has prevented the opening of a chain store. Nevertheless, branded outlets such as Costa and Starbucks continue to dominate the industry.
Industry concentration is expected to have risen over the past five years. The.. purchase to read more