Market Size of united states cafes & bars Industry
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 83.01 Billion |
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Market Size (2029) | USD 132.58 Billion |
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Largest Share by Cuisine | Cafes |
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CAGR (2024 - 2029) | 9.82 % |
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Fastest Growing by Cuisine | Specialist Coffee & Tea Shops |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
United States Cafes & Bars Market Analysis
The United States Cafes & Bars Market size is estimated at 83.01 billion USD in 2024, and is expected to reach 132.58 billion USD by 2029, growing at a CAGR of 9.82% during the forecast period (2024-2029).
83.01 Billion
Market Size in 2024 (USD)
132.58 Billion
Market Size in 2029 (USD)
5.48 %
CAGR (2017-2023)
9.82 %
CAGR (2024-2029)
Largest Segment by Outlet Type
62.46 %
value share, Independent Outlets, 2023
Digitization, online food delivery, availability of drive-through facilities, and innovation in product offerings have boosted the segment over the past few years.
Largest Segment by Cuisine Type
56.34 %
value share, Cafes, 2023
As more than a third of the US population drinks coffee daily, the demand for coffee on the go is rising, and coffee shop chains are growing their franchise networks in the country.
Fastest-growing segment by Outlet Type
10.16 %
Projected CAGR, Chained Outlets, 2024-2029
Chained coffee shops are trending in the United States, and the market opportunity is ripe for companies looking to expand their franchise networks.
Fastest-growing segment by Cuisine Type
15.16 %
Projected CAGR, Specialist Coffee & Tea Shops, 2024-2029
The emergence of new and innovative concepts and the demand for specialty tea products among the multicultural population are anticipated to drive the segment's growth.
Leading Market Player
22.89 %
market share, Starbucks Corporation, 2022
The company is the largest coffee chain globally and has 15,000 outlets in the United States alone, thereby gaining significant presence and brand recognition in the market.
Rapid expansion of coffee chains and the increased popularity of gourmet coffee is boosting the market
- The cafes & bars segment of the foodservice market is led by the sub-segment cafes owing to the increasing penetration of coffee shops across the country. The number of coffee shops in the United States increased by 7.84% from 2017 to 2022. The country's largest coffee operators, including Starbucks Corp, Dunkin', and Panera Bread, increased their presence in the US market with 15,650, 9,262, and 2,173 stores, respectively, as of 2022.
- With increasingly busy lifestyles and long working hours, US coffee chains have become more popular with customers who prefer coffee on the go. The United States has witnessed significant growth in the popularity of coffee-drinking culture among urban residents. Almost 50% of daily coffee drinkers in the country preferred coffee at a quick service restaurant, cafe, donut shop, or through a drive-through in 2022.
- Bars & pubs is the second-largest segment under this category, owing to the trend of socializing at bars among the younger population and millennials. In addition, consumers are willing to spend on exotic flavors and beverages and are opting for fancy cocktails and alcoholic drinks, along with a wide range of food styles. In 2022, nearly one in three Americans preferred a bar or club that has an activity, food, and drink in one place. Thus, major bars are expanding their services and capacities.
- Juice bars and specialist coffee & tea shops held a minimal share in the segment but are gaining prominence among Americans owing to the increased demand for gourmet coffee, primarily due to the growth of specialty coffee chains in the country. Around 2.1 million Americans drank gourmet coffee in 2020.
United States Cafes & Bars Industry Segmentation
Bars & Pubs, Cafes, Juice/Smoothie/Desserts Bars, Specialist Coffee & Tea Shops are covered as segments by Cuisine. Chained Outlets, Independent Outlets are covered as segments by Outlet. Leisure, Lodging, Retail, Standalone, Travel are covered as segments by Location.
- The cafes & bars segment of the foodservice market is led by the sub-segment cafes owing to the increasing penetration of coffee shops across the country. The number of coffee shops in the United States increased by 7.84% from 2017 to 2022. The country's largest coffee operators, including Starbucks Corp, Dunkin', and Panera Bread, increased their presence in the US market with 15,650, 9,262, and 2,173 stores, respectively, as of 2022.
- With increasingly busy lifestyles and long working hours, US coffee chains have become more popular with customers who prefer coffee on the go. The United States has witnessed significant growth in the popularity of coffee-drinking culture among urban residents. Almost 50% of daily coffee drinkers in the country preferred coffee at a quick service restaurant, cafe, donut shop, or through a drive-through in 2022.
- Bars & pubs is the second-largest segment under this category, owing to the trend of socializing at bars among the younger population and millennials. In addition, consumers are willing to spend on exotic flavors and beverages and are opting for fancy cocktails and alcoholic drinks, along with a wide range of food styles. In 2022, nearly one in three Americans preferred a bar or club that has an activity, food, and drink in one place. Thus, major bars are expanding their services and capacities.
- Juice bars and specialist coffee & tea shops held a minimal share in the segment but are gaining prominence among Americans owing to the increased demand for gourmet coffee, primarily due to the growth of specialty coffee chains in the country. Around 2.1 million Americans drank gourmet coffee in 2020.
| Cuisine | |
| Bars & Pubs | |
| Cafes | |
| Juice/Smoothie/Desserts Bars | |
| Specialist Coffee & Tea Shops |
| Outlet | |
| Chained Outlets | |
| Independent Outlets |
| Location | |
| Leisure | |
| Lodging | |
| Retail | |
| Standalone | |
| Travel |
United States Cafes & Bars Market Size Summary
The United States Cafes & Bars Market is experiencing robust growth, driven primarily by the increasing popularity of coffee shops and the vibrant social scene at bars and pubs. The cafes segment is particularly dominant, fueled by the proliferation of coffee chains like Starbucks, Dunkin', and Panera Bread, which have expanded their footprints across the country. This growth is supported by a cultural shift towards coffee consumption on the go, especially among urban residents with busy lifestyles. The bars and pubs segment also thrives, appealing to younger consumers and millennials who favor socializing in venues that offer a combination of food, drinks, and activities. This trend is further enhanced by a willingness to spend on exotic flavors and premium beverages, including craft beers and fancy cocktails.
Despite challenges posed by the COVID-19 pandemic, which led to temporary closures and a shift towards take-out and delivery services, the market has shown resilience and adaptability. The rise of specialty coffee and craft beer has contributed to the market's expansion, with third-wave coffee shops and premium-crafted beers gaining traction. The market remains fragmented, with major players like Dutch Bros, Inc., Inspire Brands, Inc., and Starbucks Corporation leading the charge. Recent expansions and product launches, such as Dutch Bros' introduction of new drinks and Pret A Manger's franchise partnership, underscore the dynamic nature of the market. As consumer preferences continue to evolve, the cafes and bars segment is poised for sustained growth, reflecting broader trends in lifestyle and dining preferences in the United States.
United States Cafes & Bars Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Cuisine
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1.1.1 Bars & Pubs
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1.1.2 Cafes
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1.1.3 Juice/Smoothie/Desserts Bars
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1.1.4 Specialist Coffee & Tea Shops
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1.2 Outlet
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1.2.1 Chained Outlets
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1.2.2 Independent Outlets
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1.3 Location
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1.3.1 Leisure
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1.3.2 Lodging
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1.3.3 Retail
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1.3.4 Standalone
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1.3.5 Travel
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United States Cafes & Bars Market Size FAQs
How big is the United States Cafes & Bars Market?
The United States Cafes & Bars Market size is expected to reach USD 83.01 billion in 2024 and grow at a CAGR of 9.82% to reach USD 132.58 billion by 2029.
What is the current United States Cafes & Bars Market size?
In 2024, the United States Cafes & Bars Market size is expected to reach USD 83.01 billion.
