Starbucks, Dunkin' Donuts, Caribou and more. Therefore, it may come as no surprise that the market size of the United States coffee shop industry reached 47.5 billion U.S. dollars in 2019, showing a growth of 3.3 percent from the previous year. However in 2020, the industry was drastically affected by the coronavirus pandemic, resulting in massive closures of coffee shops across the country to prevent the spread of the virus. This led to a 24 percent decrease in market value in that year.
The United States is well-known for producing big coffee shop brands such as Size of the coffee shop market in the United States from 2018 to 2020 (in billion U.S. dollars)
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Allegra World Coffee Portal. (January 11, 2021). Size of the coffee shop market in the United States from 2018 to 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 29, 2022, from https://www.statista.com/statistics/1032200/coffee-shop-industry-market-size-us/
Allegra World Coffee Portal. "Size of the coffee shop market in the United States from 2018 to 2020 (in billion U.S. dollars)." Chart. January 11, 2021. Statista. Accessed June 29, 2022. https://www.statista.com/statistics/1032200/coffee-shop-industry-market-size-us/
Allegra World Coffee Portal. (2021). Size of the coffee shop market in the United States from 2018 to 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 29, 2022. https://www.statista.com/statistics/1032200/coffee-shop-industry-market-size-us/
Allegra World Coffee Portal. "Size of The Coffee Shop Market in The United States from 2018 to 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Jan 2021, https://www.statista.com/statistics/1032200/coffee-shop-industry-market-size-us/
Allegra World Coffee Portal, Size of the coffee shop market in the United States from 2018 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1032200/coffee-shop-industry-market-size-us/ (last visited June 29, 2022)