Standard Report | Premium Report | |
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Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
Key Private Companies | ||
Government Vendors | ||
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2024 U.S. Industry Statistics & Market Forecast - Cafeterias, Grill Buffets, and Buffets
Market Size & Industry Statistics
The total U.S. industry market size for Cafeterias, Grill Buffets, and Buffets:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
Statistics | 2019 2020 2021 2022 2023 | |
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Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 |
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Market Forecast ($ millions) | |||||
Projected Industry Growth Rate (%) |
Industry Insights
Major trends affect the Cafeterias, Grill Buffets, and Buffets industry include:- Shift towards healthier, organic, and locally sourced menu options
- Increased emphasis on hygiene and food safety
- Growth in demand for plant-based and vegetarian options
- Adoption of technology for ordering and payment processes
- Rising labor costs impacting operation expenses
- Expansion of delivery and takeout services due to changing consumer preferences
- Impact of global supply chain disruptions on ingredient availability
- Evolving dietary restrictions influencing menu diversification
- Greater focus on sustainability and waste reduction
- Consumer desire for experiential dining and unique food experiences
- Growing influence of social media on dining choices
- Shifts in consumer demographics affecting dining habits
- Regulatory changes impacting business operations
- Increased competition from fast casual dining options
- Fluctuating commodity prices affecting menu pricing strategies
Product & Services Breakdown
Research products and services in the Cafeterias, Grill Buffets, and Buffets industry generating sales. Note that products are broken into categories with different levels of classification.Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
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Industry Total |
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Meals, Unpackaged Snacks, Sandwiches, Unpackaged Ice Cream & Yogurt, Bakery Items, Other Food Items & Nonalcoholic Beverages Prepared |
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Meals & Snacks Served By A Server (I.E., Full Service) |
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Meals & Snacks Dispensed W/O Table Service For Consumption On Premises |
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Nonalcoholic Beverages Dispensed W/O Table Service For Consumption On The Premises |
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Meals & Snacks Prepared For Immediate Consumption Off The Premises |
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 industry market share than average.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 Average | Percent of Sales (Industry Benchmark) |
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Total Revenue | Order at top of page |
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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 Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Cafeterias, Grill Buffets, and Buffets company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
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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 Cafeterias, Grill Buffets, and Buffets industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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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). |
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Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Cafeterias, Grill Buffets, and Buffets measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
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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. |
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Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
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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. |
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Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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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.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
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Management Occupations | 3% | Order at top of page |
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Chief Executives | 0% | |||
General and Operations Managers | 1% | |||
Food Preparation and Serving Related Occupations | 91% | |||
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 | 26% | |||
Cooks | 21% | |||
Cooks, Restaurant | 20% | |||
Food and Beverage Serving Workers | 40% | |||
Bartenders | 5% | |||
Bartenders | 5% | |||
Waiters and Waitresses | 33% | |||
Waiters and Waitresses | 33% | |||
Other Food Preparation and Serving Related Workers | 19% | |||
Dining Room and Cafeteria Attendants and Bartender Helpers | 5% | |||
Dining Room and Cafeteria Attendants and Bartender Helpers | 5% | |||
Dishwashers | 6% | |||
Dishwashers | 6% | |||
Hosts and Hostesses, Restaurant, Lounge, and Coffee Shop | 7% | |||
Hosts and Hostesses, Restaurant, Lounge, and Coffee Shop | 7% |
Cafeterias, Grill Buffets, and Buffets Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Cafeterias, Grill Buffets, and Buffets industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Cafeterias, Grill Buffets, and Buffets industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Cafeterias, Grill Buffets, and Buffets industry. |
Innovation News
- Jan 25, 2024: Park Cafe Group trademarks "DOLORES PARK CAFE" - Restaurant services
- Jan 19, 2024: Park Cafe Group trademarks "SKATEBIRD COFFEE" - Coffee; Coffee beans; Ground coffee
- Jan 19, 2024: Park Cafe Group trademarks "PARKLIFE" - Coffee; Coffee beans; Ground coffee
Recent Federal Contracts for Cafeterias, Grill Buffets, and Buffets
- Jan 05, 2024: SODEXO MANAGEMENT INC. (Gaithersburg, MD) awarded $73,237