Food Services & Drinking Places Industry · Market Research Report

Food Services & Drinking Places · Market Size and Industry Forecast

Pell Research's food services and drinking places report analyzes current industry size and predicts future trends. It provides overall industry revenue from 2014 through the present, and predicts industry growth and decline through 2024. Total revenue includes both public and private companies.

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Market Size (Total Revenue)

Included

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government data.

Industry Revenue ($ Billions)

Food Services & Drinking Places Industry Revenue
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020


Historical market size and five-year projections show growth trends in industry sales and revenue. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services sold. Growth and decline in the industry shows total opportunity for companies. The food services & drinking places research report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. Market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Food Services & Drinking Places · Geographic Breakdown by State

Market size by state is used to evaluate local opportunity and measure the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Use data by state to pinpoint profitable and nonprofitable locations for food services & drinking places companies in the U.S.

Food Services & Drinking Places Revenue by State

Market Share by State

Food Services & Drinking Places · Distribution by Company Size

Company Size All Industries Food Services & Drinking Places
Small Business (< 5 employees)

Included

Small Business (5-20)
Midsized Business (20-100)
Large Business (100-500)
Enterprise (> 500)

Food Services & Drinking Places · Income Statement (Average Financial Metrics)

Pell Research analyzes financial statements to determine the industry average forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Food Services & Drinking Places · Financial Ratio Analysis

Financial ratios allow you to compare how a business is performing against its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Food Services & Drinking Places · Product Mix

Product Description Description Revenue
($ Millions)
Industry total

Included

Meals, snacks and beverages prepared for immediate consumption
Meals & snacks served at a table by a server
Meals & snacks dispensed w/o table service for cons on premises
Meals & snacks dispensed via drive-through service
Alcoholic beverages served for immediate consumption
Meals & snacks for immediate consumption off premises
Meals, snacks & beverages prepared under long-term contract
Meals, snacks & beverages prepared under other long-term contract
Beer, ale & malt beverages served for immediate consumption

Food Services & Drinking Places · Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 2%

Included

Chief Executives 0%
General and Operations Managers 1%
Protective Service Occupations 5%
Other Protective Service Workers 5%
Security Guards and Gaming Surveillance Officers 5%
Security Guards 5%
Food Preparation and Serving Related Occupations 90%
Supervisors of Food Preparation and Serving Workers 7%
Supervisors of Food Preparation and Serving Workers 7%
First-Line Supervisors of Food Preparation and Serving Workers 6%
Cooks and Food Preparation Workers 20%
Cooks 16%
Cooks, Institution and Cafeteria 8%
Cooks, Restaurant 10%
Food Preparation Workers 7%
Food Preparation Workers 7%
Food and Beverage Serving Workers 53%
Bartenders 44%
Bartenders 44%
Fast Food and Counter Workers 29%
Combined Food Preparation and Serving Workers, Including Fast Food 26%
Counter Attendants, Cafeteria, Food Concession, and Coffee Shop 6%
Waiters and Waitresses 19%
Waiters and Waitresses 19%
Other Food Preparation and Serving Related Workers 10%
Dishwashers 6%
Dishwashers 6%
Hosts and Hostesses, Restaurant, Lounge, and Coffee Shop 7%
Hosts and Hostesses, Restaurant, Lounge, and Coffee Shop 7%
Sales and Related Occupations 5%

Food Services & Drinking Places · Government Contracts

In 2008, the federal government spent a total of $1,002,856,188 on the food services & drinking places industry. It has awarded 5,636 contracts to 910 companies, with an average value of $1,102,040 per company.

Food Services & Drinking Places and Adjacent Industries · Top Companies

Company Address Revenue
($ Millions)

Included





Food Services & Drinking Places Industry Report
Geography United States  
Publication Date May 2019
Report Format PDF Download  
Price $999.99

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