Bakery Cafes in the US - Industry Research Report

Fresh cup: Product innovations will positively affect revenue and profit

These typically fast-casual restaurants wed the quality and taste of full-service establishments with the speed and affordability of fast-food chains. Also, health-conscious and customizable options on bakeries' menus have attracted more customers. Industry performance has been supported by overall per capita disposable income and consumer spending growth. Nonetheless, the COVID-19 (coronavirus) pandemic resulted in a setback for industry growth as consumers began to cut discretionary spending and limit unnecessary time spent in public. Overall, industry revenue has remained at $17.1 billion over the past five years, including an increase of 0.8% in 2023 alone.

This industry comprises companies that produce food that is flour-based in an on-site oven for immediate consumption. Typical products include bread, cakes, pastries, pies and bagels, and complementary products, such as sandwiches, soups and salads. Purchases may be consumed on-site or taken to go.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.