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2017 Market Research Report on Food Services & Drinking Places Industry


Current Research on the Food Services & Drinking Places Industry

This section provides answers to fundamental and critical questions about the industry:
  1. What is the total market size ($ millions)?
  2. What is the Food Services & Drinking Places industry outlook?
  3. Has the market grown or declined?
  4. What is the market growth rate?
  5. Are long term forecasts positive or negative?
  6. What is the industry size and average company size?
  7. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. market size for the Food Services & Drinking Places industry: statistics cover all companies, both public and private. In addition to total revenue, the industry research provides details on employees, companies, and average firm size in the sector. Use this market information to research and analyze growth rates and the Food Services & Drinking Places industry trends and market outlook based on quantitative research and economic data.

market size 2017
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2011        2012        2013        2014        2015        2016
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast - Food Services & Drinking Places[PREMIUM]

Market forecasts show the long term industry outlook & Food Services & Drinking Places future growth trends. The following five-year forecast utilizes advanced economics and statistics to project both short-term and long-term market growth and outlook. The industry outlook can be used to set a strategy applicable to economic realities.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Food Services & Drinking Places industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Gambling Services

Gambling Machine Products

Sale Of Tickets To Lotteries & Other Games Of Chance

Room Or Unit Accommodation For Travelers & Others

Groceries & Other Food Items For Human Consumption Off The Premises

Alcoholic Beverages Served For Immediate Consumption

Distilled Spirits Served For Immediate Consumption

Wine & Wine Drinks Served For Immediate Consumption

Beer, Ale, & Malt Beverages Served For Immediate Consumption

Packaged Liquor, Wine, & Beer

Cigars, Cigarettes, Tobacco, & Smokers' Accessories, Excluding Sales From Vending Machines Operated By Others

All Other Merchandise

Souvenirs & Novelty Items

Meals, Unpackaged Snacks, Sandwiches, Unpackaged Ice Cream & Yogurt, Bakery Items, Other Food Items & Nonalcoholic Beverages Prepared

Meals & Snacks Served By A Server (I.E., Full Service)

Nonalcoholic Beverages Served By A Server (I.E., Full Service)

Meals & Snacks Dispensed W/O Table Service For Consumption On Premises

Nonalcoholic Beverages Dispensed W/O Table Service For Consumption On The Premises

Meals & Snacks Dispensed Via Drive-Through Service

Nonalcoholic Beverages Dispensed Via Drive-Through Service

Meals & Snacks Prepared For Immediate Consumption Off The Premises

Nonalcoholic Beverages Prepared For Immediate Consumption Off The Premises

Meals & Snacks Dispensed Via Mobile Vending Service

Meals, Snacks & Beverages Prepared Under Long-Term Contract

Meals, Snacks & Nonalcoholic Beverages Prepared Under Long-Term Contract For Tansportation Businesses

Meals, Snacks & Nonalcoholic Beverages Prepared Under Long-Term Contract Other Than For Transportation Businesses

Alcoholic Beverages Prepared For Immediate Consumption Under Long-Term Contract

Meals, Snacks, & Beverages Prepared For Catered Events

Meals, Snacks & Nonalcoholic Beverages Served At Catered Events On The Caterer's Premises

Meals, Snacks & Nonalcoholic Beverages Served At Catered Events Away From The Caterer's Premises

Meals, Snacks & Nonalcoholic Beverages Dropped Off At The Customer's Event

Meals, Snacks & Nonalcoholic Beverages Prepared For Customer Pick-Up

Alcoholic Beverages Prepared For Catered Events

Admissions To Live Performing Arts Performances

Admissions To Dance Halls & Clubs, Including Cover Charges

Hosting Of Vending Machines, Video Games, & Other Non-Gambling Coin-Operated Machines

Employment Services, Including Temporary Cooks, Bartenders, & Waitstaff

Delivery Services For Food & Beverages

Rental Of Non-Residential Space

Other Services

All Other Merchandise, Excluding Lottery Ticket Sales/Commissions



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower market share than average.

U.S. map of Food Services & Drinking Places by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis - Food Services & Drinking Places

Financial ratio information can be used to benchmark how a company in the industry compares relative to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation Ratios - Food Services & Drinking PlacesIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Food Services & Drinking Places industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Food Services & Drinking Places measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity Ratios - Food Services & Drinking PlacesIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 2%

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Chief Executives0%
General and Operations Managers1%
Protective Service Occupations 6%
Other Protective Service Workers 6%
Security Guards and Gaming Surveillance Officers 6%
Security Guards 6%
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 21%
Cooks 16%
Cooks, Fast Food 5%
Cooks, Institution and Cafeteria 8%
Cooks, Restaurant 9%
Food Preparation Workers 9%
Food Preparation Workers 9%
Food and Beverage Serving Workers 53%
Bartenders 46%
Bartenders 46%
Fast Food and Counter Workers 28%
Combined Food Preparation and Serving Workers, Including Fast Food 25%
Counter Attendants, Cafeteria, Food Concession, and Coffee Shop 5%
Waiters and Waitresses 20%
Waiters and Waitresses 20%
Food Servers, Nonrestaurant 5%
Food Servers, Nonrestaurant 5%
Other Food Preparation and Serving Related Workers 10%
Dishwashers 7%
Dishwashers 7%
Hosts and Hostesses, Restaurant, Lounge, and Coffee Shop 6%
Hosts and Hostesses, Restaurant, Lounge, and Coffee Shop 6%
Sales and Related Occupations 5%
Source: Bureau of Labor Statistics


Companies in Food Services & Drinking Places and Similar Industries[PREMIUM]

Food Services & Drinking Places market research identifies top companies with the largest estimated market share. Information includes corporate earnings and public company ticker symbols where available.

CompanyAddressRevenue Estimate







Public Food Services & Drinking Places Company News

Web scan for recent news about public companies. Food Services & Drinking Places market research on key company news, and Food Services & Drinking Places statistics.

The market size analysis identifies the overall sales data within the industry. Statistics break down facts about companies within the market.


Government Contracts Related to Food Services & Drinking Places

In 2016, the federal government spent a total of $1,002,856,188 on Food Services & Drinking Places. It has awarded 5,636 contracts to 910 companies, with an average value of $1,102,040 per company.   

Top government vendors:

CompanyFederal ContractsTotal Award Amount



Growth Opportunities / Competitive Threats

Companies in other industries may also sell similar products. Since there is an overlap in the customer base, there may be an opportunity for companies in Food Services & Drinking Places to sell additional products/services offered by these adjacent industries. Alternatively, these industries may identify further products in this industry to target. Products most at risk are those with the highest profit margins and lowest barriers to entry.

The following industries are competing channels for sales of similar products/services.

Meals, Snacks And Beverages Prepared For Immediate Consumption
Competing IndustrySales Relative to Food Services & Drinking PlacesOpportunity/Threat
Limited-Service Eating Places Competing industry
Coffee Shops, Bagel, Donut & Ice Cream Shops Competing industry

Sales from other industries of Meals, Snacks And Beverages Prepared For Immediate Consumption are less than those from Food Services & Drinking Places. This may mean that other channels are a competitive risk of increasing their Meals, Snacks And Beverages Prepared For Immediate Consumption sales, taking market share from this industry.
Meals, Snacks And Beverages Prepared For Immediate Consumption Product Sales Report



Meals & Snacks Served At A Table By A Server
Competing IndustrySales Relative to Food Services & Drinking PlacesOpportunity/Threat

Sales from other industries of Meals & Snacks Served At A Table By A Server are less than those from Food Services & Drinking Places. This may mean that other channels are a competitive risk of increasing their Meals & Snacks Served At A Table By A Server sales, taking market share from this industry.
Meals & Snacks Served At A Table By A Server Product Sales Report

Meals & Snacks Dispensed W/O Table Service For Cons On Premises
Meals & Snacks Dispensed W/O Table Service For Cons On Premises Product Sales Report

Alcoholic Beverages Served For Immediate Consumption
Alcoholic Beverages Served For Immediate Consumption Product Sales Report

Meals & Snacks For Immediate Consumption Off Premises
Meals & Snacks For Immediate Consumption Off Premises Product Sales Report

Beer, Ale & Malt Beverages Served For Immediate Consumption
Beer, Ale & Malt Beverages Served For Immediate Consumption Product Sales Report

Distilled Spirits Served For Immediate Consumption
Distilled Spirits Served For Immediate Consumption Product Sales Report

Non-Alcoholicoholic Beverages Served At A Table By A Server
Non-Alcoholicoholic Beverages Served At A Table By A Server Product Sales Report

Non-Alcoholicohol Beverages Dispensed W/O Table Service For Cons On Premises
Non-Alcoholicohol Beverages Dispensed W/O Table Service For Cons On Premises Product Sales Report

Meals, Snacks & Beverages Prepared For Catered Events
Meals, Snacks & Beverages Prepared For Catered Events Product Sales Report