Doughnut Stores in the US - Industry Market Research Report
Description
Doughnut Stores in the US
The Doughnut Stores industry is running rings around its competition in the food service sector as major doughnut chains expand their menu offerings well beyond doughnuts. Both increased consumer confidence and consumer spending have facilitated individual spending on small luxuries, such as coffee and doughnuts. In 2020, doughnut stores, along with the broader food service sector, saw revenue decline as a result of mandatory shutdowns and restrictions to combat the COVID-19 pandemic. However, restrictions on the food sector have eased since 2021 and so too has consumer demand for food outside of the home, benefiting the industry. As a result, industry revenue is expected to increase an annualized 0.7% to $7.4 billion over the five years to 2023. In 2023 alone, industry revenue is forecast to grow 0.8% as inflationary pressures raise doughnut prices.
This industry is comprised of establishments that primarily prepare or serve doughnuts. Purchases may be consumed on-site, taken out or delivered. A doughnut is usually sweet, deep-fried flour dough that has been shaped into a ring or sphere. Some contain fillings, such as jam or custard, and some have toppings, such as frosting or sprinkles.
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.
The Doughnut Stores industry is running rings around its competition in the food service sector as major doughnut chains expand their menu offerings well beyond doughnuts. Both increased consumer confidence and consumer spending have facilitated individual spending on small luxuries, such as coffee and doughnuts. In 2020, doughnut stores, along with the broader food service sector, saw revenue decline as a result of mandatory shutdowns and restrictions to combat the COVID-19 pandemic. However, restrictions on the food sector have eased since 2021 and so too has consumer demand for food outside of the home, benefiting the industry. As a result, industry revenue is expected to increase an annualized 0.7% to $7.4 billion over the five years to 2023. In 2023 alone, industry revenue is forecast to grow 0.8% as inflationary pressures raise doughnut prices.
This industry is comprised of establishments that primarily prepare or serve doughnuts. Purchases may be consumed on-site, taken out or delivered. A doughnut is usually sweet, deep-fried flour dough that has been shaped into a ring or sphere. Some contain fillings, such as jam or custard, and some have toppings, such as frosting or sprinkles.
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.
Table of Contents
40 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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