	Standard Report	Premium Report
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 - Snack and Nonalcoholic Beverage Bars

Published: May 2024

Market Size & Industry Statistics

The total U.S. industry market size for Snack and Nonalcoholic Beverage Bars: 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.

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

Statistics	2019 2020 2021 2022 2023
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

Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data

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
Market Forecast ($ millions)
Projected Industry Growth Rate (%)

Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Snack and Nonalcoholic Beverage Bars industry include:

Health and wellness focus: increased demand for nutritious, low-calorie snacks
Plant-based preferences: growing popularity of vegan and vegetarian options
Sustainability: consumer interest in eco-friendly packaging and ethically sourced ingredients
Technology integration: use of apps and kiosks for ordering, customization, and delivery services
Clean label products: demand for transparency in ingredient sourcing and fewer artificial additives
Ethnic and global flavors: expanding consumer tastes for international snacks and beverages
Convenience: rise in grab-and-go and ready-to-eat options
Premiumization: willingness to pay more for gourmet or artisanal products
Functional foods: incorporation of supplements like protein or probiotics into snacks
Craft and artisanal beverages: increased preference for boutique sodas, craft coffee, and specialty teas
Local sourcing: emphasis on locally sourced ingredients and support for regional businesses
Collaborative ventures: partnerships between snack bars and popular brands for co-branded offerings
Online retail and subscriptions: growth in direct-to-consumer sales and monthly snack subscription services
COVID-19 impact: heightened safety protocols and changes in consumer behavior toward dining and takeaway options

Product & Services Breakdown

Research products and services in the Snack and Nonalcoholic Beverage Bars 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
Industry Total
Groceries & Other Food Items For Human Consumption Off The Premises
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, & Beverages Prepared For Catered Events

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.

U.S. map 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 Average	Percent of Sales (Industry Benchmark)
Total Revenue	Order at top of page
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

Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

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

Profitability & Valuation Ratios	Industry 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 Snack and Nonalcoholic Beverage Bars 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 Snack and Nonalcoholic Beverage Bars 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
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 Indicators	Industry 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.

Title	Percent of Workforce	Bottom Quartile
Management Occupations	3%	Order at top of page
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%

Source: Bureau of Labor Statistics

Snack and Nonalcoholic Beverage Bars Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Snack and Nonalcoholic Beverage Bars 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 Snack and Nonalcoholic Beverage Bars 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 Snack and Nonalcoholic Beverage Bars industry.