Coffee Shop Sales Statistics 2024: Key Insights And Trends

Welcome to the world of coffee shop sales statistics. As a coffee shop owner, it’s important to understand the data that drives your business. By understanding the sales data of your coffee shop, you can make informed decisions about how to improve your business and increase your profits.

In this blog post, we’ll explore the different types of coffee shop sales statistics, how to interpret them, and how to use them to your advantage. We’ll also discuss how to use coffee shop sales statistics to identify trends and opportunities for growth. So, let’s get started.

Coffee Shop Sales: Statistics Overview

Over the last 5 years, there has been a 2.4% growth in the number of coffee shops in the United States, with 65,410 coffee shops and 17,537 projected for 2025. Global coffee industry revenue is projected at $90,277 million in 2022, but sales decreased by 3.8% compared to 2019.

This statistic matters in the context of Coffee Shop Sales Statistics because it shows the current and projected growth of the coffee industry, as well as the potential impact of the decrease in sales in 2019. This information can be used to inform decisions on how to best manage the coffee shop industry in the future.

Coffee shop sales grew 10% in the United States from June 2021 to June 2022 due to pre-ordering becoming more popular, menu prices increasing, and a large portion of the population favoring simple brewed coffee, iced coffee and tea.

This statistic matters in the context of coffee shop sales statistics because it shows the success of coffee shops in the United States despite the pandemic, as well as the preferences of customers. This information can be used by coffee shops to inform their decisions on menu items, pricing, and marketing strategies.

The UK coffee shop industry’s market size is expected to grow in 2023, despite declining 3.5% per year between 2018 and 2023.

This matters because it shows that despite the low barriers to entry and high competition, the coffee shop industry in the UK is still expected to grow in the near future. This is a positive sign for the industry, and it shows that there is still potential for growth.

The British branded coffee shop market grew by 43% in 2021, reaching 87% of its value before the global COVID-19 crisis, and is expected to rise by 25% in 2022.

This statistic matters in the context of Coffee Shop Sales Statistics because it shows the resilience of the British branded coffee shop market despite the decline of nearly 40% in 2020 due to COVID-19. It also shows that the United Kingdom is Europe’s fifth-largest coffee market, and that the market has been steadily decreasing over the past few years. This data can be used to inform decisions about the future of the coffee shop industry in the United Kingdom.

Bullet point: By 2025, coffee shops are expected to contribute 56% of spending and 10% of volume consumption in the coffee segment, with a revenue of US$709.80m in 2023 and a volume growth of 1.2% expected in 2024.

This statistic is important in the context of Coffee Shop Sales Statistics because it provides an outlook of the coffee market in South Africa and how coffee shops are expected to contribute to the market in terms of spending and volume consumption. It also provides insight into the expected revenue and volume growth of the coffee market in the near future.

The South African franchising sector saw a 20% increase in coffee shop demand in 2016, with an average of 300 cups of coffee sold per day and an average cost of R23.35 per cup in Cape Town.

This statistic matters in the context of Coffee Shop Sales Statistics because it shows that the demand for coffee shops is increasing and that the industry income has grown since 2014, indicating that coffee shop sales are a profitable and growing industry.

Starbucks saw a 23.57% increase in annual revenue from 2020 to 2021 and a 10.98% increase from 2021 to 2022, with a 7.93% increase in gross profit year-over-year.

This statistic is important because it shows that despite the economic downturn due to the pandemic, Starbucks was able to increase its revenue and profit year-over-year. This indicates that the coffee shop industry is resilient, and that Starbucks has been able to successfully adjust to the changing market conditions.

Starbucks generated a total of 25.36 billion U.S. dollars in global revenue from beverage and food products in 2022, making it the second most valuable quick service restaurant brand in the world.

This statistic matters in the context of Coffee Shop Sales Statistics because it shows the success of Starbucks in terms of global revenue, which is an important indicator of the company’s success and growth. It also shows the strength of the Starbucks brand, which is an important factor in the success of coffee shop sales.

Location matters when it comes to coffee shop sales, as colder regions tend to sell more coffee than warmer regions. This is because the ambiance and vibe of the coffee shop plays a role in the amount of coffee they sell per day, and larger cities are more prone to higher coffee consumption than smaller towns.

This matters in the context of coffee shop sales statistics because it provides insight into the types of locations that are more successful in terms of coffee sales. Knowing this information can help coffee shop owners determine the best locations to open their businesses, as well as the types of marketing strategies they should use to target customers in those areas.

Small coffee shops can expect to make between $60,000 and $160,000 in personal income per year, with an average of $2 in profit per day and 15% of costs typically going towards expenses.

This matters in the context of Coffee Shop Sales Statistics because it provides an understanding of the potential profitability of small coffee shops, and how overhead costs can affect their overall income.

The number of units operated by Costa Coffee and Starbucks in the UK has increased significantly in the last 10 years, with Costa Coffee now having 2,300 units and Starbucks having 400 franchised stores.

This is significant as it reflects the increasing popularity of coffee shops in the UK, with Britons spending up to £2210 in coffee shops and 80% of adults visiting at least once a week.

There were 15,000 coffee franchise stores in Korea last year, with an average of 2,700 to 3,000 new stores opening and 1,705 closing each year.

This statistic matters in the context of Coffee Shop Sales Statistics because it shows that the coffee franchise industry is highly competitive, with a high rate of new stores opening and closing each year. It also indicates that there is a higher rate of loss for coffee stores than for restaurants, which could be indicative of a saturated market.

White coffee shop attendants make up the majority (62.4%) of all coffee shop attendants, while Hispanic or Latino and Black or African American attendants make up 17.0% and 10.0%, respectively. Asian attendants have the highest average salary, while Black or African American attendants have the lowest.

This matters in the context of Coffee Shop Sales Statistics because it indicates that there is a disparity in wages between different ethnicities, which could potentially lead to disparities in sales and customer service.

Millennials make up 44% of coffee consumption in the US, with daily consumption among 18-24 year olds rising to 48%, and 25-39 year olds rising to 60%.

This matters for coffee shop sales statistics because it shows that millennials are the primary consumers of coffee, and that coffee shops should focus their marketing and sales strategies on this demographic in order to maximize profits.

Coffee is predicted to reach a market size of $244.40 billion dollars by 2027, growing steadily at 3.5% for the next 5 years.

This matters in the context of Coffee Shop Sales Statistics because it shows that the demand for coffee is increasing, which is beneficial for coffee shop owners as it suggests that their sales will also increase.

India is now the 10th fastest growing market for specialist coffee and tea retail chains, valued at Rs 2,570 crore in 2018.

This statistic matters because it shows that the coffee shop market in India is growing rapidly. Which is largely due to the fact that the primary consumers of these cafes are 18-35 year olds who have higher disposable incomes and fast-paced lives. This means that the coffee shop market in India is likely to continue to grow in the future.

Climate change is projected to reduce the availability of high-quality coffee by 2050, which could lead to higher prices and decreased sales for coffee shops. This matters in the context of Coffee Shop Sales Statistics because it could lead to a decrease in sales due to higher prices and decreased availability of high-quality coffee. This could have a significant impact on the profitability of coffee shops, as well as the overall industry.

Coffee production is the most GHG-emitting phase, contributing 40-80% of total emissions due to mechanization, irrigation and use of nitrous oxide-emitting fertilizers.This matters in the context of Coffee Shop Sales Statistics because it highlights the environmental impact of coffee production, which is an important factor for consumers to consider when making purchasing decisions.

47% of consumers surveyed had pre-ordered a beverage to collect and 29% had ordered for delivery, while a third of customers surveyed are in favor of a coffee subscription.

This statistic is important because it shows that customers are increasingly relying on digital ordering for their coffee purchases. This suggests that coffee shops should invest in digital ordering platforms and consider offering subscription services to remain competitive in the market.

In 2017, Starbucks invested in a digital transformation strategy to merge physical and digital touchpoints, which enabled them to better weather the Covid-19 storm in 2020 than many of their competitors.

This matters in the context of Coffee Shop Sales Statistics because it demonstrates the importance of investing in digital technology to remain competitive and successful in the current market.

The UK coffee shop market is worth £15 billion a year and is estimated to have grown during the pandemic due to an increase in coffee consumption and the popularity of Costa among millennials.

This statistic is important for coffee shop owners and marketers because it shows the potential for growth in the UK coffee shop market. It also highlights the importance of targeting millennials, as they are the largest demographic of coffee shop customers. Additionally, it provides insight into the current size of the market and the potential for further growth.

The UK coffee and tea processing industry generated a revenue of 2 billion British pounds, added 597 million British pounds to the UK GDP, had 115 active enterprises in 2020, imported 688 million British pounds of coffee with more than half from non-EU countries, and sold 34,947 tons of roasted coffee in 2020.

This matters in the context of Coffee Shop Sales Statistics because it shows the size and scope of the industry, as well as the amount of money being spent by consumers on coffee, tea, and cocoa in the UK.

Starbucks has seen a steady increase in revenue over the past decade, except for a decline in 2020 due to the COVID-19 pandemic, and the number of stores worldwide has more than doubled over the same period.

This is significant because it shows that even during a global crisis, Starbucks is still able to maintain its growth and success.

Starbucks sells an estimated 4 million cups of coffee per day, generating $61 billion in sales annually. This is significant as it demonstrates the company’s success in the coffee shop industry, and shows how popular coffee consumption is among adults aged 24 to 25.

70% of coffee shop sales are generated from the top 50 operators, with the industry expected to reach $46.2 billion by 2021 and an average combined annual revenue of $10 billion.

This statistic matters in the context of Coffee Shop Sales Statistics because it shows the potential for growth and success within the industry. It also highlights the importance of competing with the top national brands, such as Starbucks, Seattle’s Best, and Peet’s Coffee, in order to stay competitive and generate sales. Additionally, it emphasizes the need for coffee shop owners to consider offering franchises as a means of growing their business, given the high startup costs associated with opening a coffee shop.

Starbucks is the largest coffee company in the world with a revenue of $29.061 billion, a U.S. market share of 33%, and over 30,000 stores worldwide.

This matters in the context of Coffee Shop Sales Statistics because it shows that Starbucks is the most popular coffee chain in the world, and that the global coffee industry has a market size of $102.02 billion, with over 1 billion people drinking coffee on a daily basis.

Coffee shop sales have grown 10% from June 2021 to June 2022, with 2.8% more branded coffee shops in the US than pre-pandemic. Refrigerated oat milk sales have grown between 55%-58%, and simple brewed coffee, iced coffee and tea remain popular.

This is important because it shows that despite the pandemic, coffee shops have been able to increase their sales, expand their footprint and remain popular with customers. This is a positive sign for the industry and indicates that coffee shops will continue to be successful in the future.

Single-cup coffee brewers are found in 41% of homes and 28% of business offices in the United States, and there has been a 2.4% growth in the number of coffee shops every year for the last 5 years.

This statistic matters in the context of coffee shop sales statistics because it shows that coffee consumption is growing, and that the global coffee industry is projected to have a revenue of $90,277 million in 2022. It also shows that sustainability is becoming a trend, and that coffee sales decreased globally by 3.8% compared to the year before.

The average revenue of coffee shops is between 75%-80% of sales, with monthly expenses totaling 75-85% of monthly sales, and small coffee shop owners making $60,000-$160,000 a year.

This statistic is important because it provides insight into the profitability of coffee shops and the potential for success for small coffee shop owners. It also shows the potential for growth in the coffee industry, with the industry generating $70 billion a year in sales nationwide.

The Coffee Store Franchises industry revenue has increased at a CAGR of 0.2% over the past five years, with a decrease of 0.2% in 2023.

This statistic is important as it shows that the industry is growing despite a decrease in 2023, and that the two biggest companies in the US Coffee Store Franchises are Dukin’ Brands, Inc and Tim HortonsInc. This indicates that the industry is competitive and that consumer spending is increasing, which will support further growth.

Conclusion

Coffee shop sales statistics provide a valuable insight into the industry, and can help inform business decisions for owners and managers.

By analyzing sales data, coffee shop owners and managers can identify trends and make informed decisions about pricing, promotions, and product offerings. With the right data and analysis, coffee shop owners and managers can ensure their business is successful and profitable.

References

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