Candy, Bakery & Other Food Stores in the US
Organic growth
Going forward, areas of growth are likely to arise from the demand generated from organic food, which is the fastest growing agricultural industry in the world. Although sales generated by the organic market are small, it is growing much faster than the food industry as a whole. Premium and high end food are also forecast to spur industry sales, facilitated by the industry's ability to market specialty and gourmet products.
This Industry Market Research report provides a detailed analysis of the Candy, Bakery & Other Food Stores in the US industry, including key growth trends, statistics, forecasts, the competitive environment including market shares and the key issues facing the industry.
Industry Definition
This industry is part of the retail trade sector in the US. Operators in this industry retail a broad range of specialty and gourmet food including baked goods, candy, confectionery, dairy products, etc. These goods are purchased from manufacturers and wholesalers, which operators then retail these goods through their store to the general public. The majority of goods supplied by this industry are purchased by consumers' aged 18 to 35. It is important to note that those retailers who operate as chocolate manufacturers, bread and bakery product manufacturers, meat and fruit markets are excluded from this industry. In addition to this, operators of electronic shopping and mail-order houses are also excluded. NAICS definition: This industry comprises establishments primarily engaged in retailing specialty foods (except meat, fish, seafood, and fruits and vegetables) not for immediate consumption and not made on premises.
Report Contents
The Key Statistics chapter provides the key indicators for the industry for at least the last three years. The statistics included are industry revenue, industry gross product, employment, establishments, exports, imports, domestic demand and total wages.
The Market Characteristics chapter covers the following: Market Size, Linkages, Demand Determinants, Domestic and International Markets, Basis of Competition and Life Cycle. The Market Size section gives the size of the domestic market as well as the size of the export market. The Linkages section lists the industry's major supplier and major customer industries. The Demand Determinants section lists the key factors which are likely to cause demand to rise or fall. The Domestic and International Markets section defines the market for the products and services of the industry. This section provides the size of the domestic market and the proportion accounted for by imports and exports and trends in the levels of imports and exports. The Basis of Competition section outlines the key types of competition between firms within the industry as well as highlighting competition from substitute products in alternative industries. The Life Cycle section provides an analysis of which stage of development the industry is at.
The Segmentation chapter covers the following: Products and Service Segmentation, Major Market Segments, Industry Concentration and Geographic Spread. The Products and Service Segmentation section details the key products and/or services provided by this industry, highlighting the most important where possible to demonstrate which have a more significant influence over industry results as a whole. The Major Market Segments section details the key client industries and/or groups as well as giving an indication as to which of these are the most important to the industry. The Industry Concentration section provides an indicator of how much industry revenue is accounted for by the top four players. The Geographic Spread section provides a guide to the regional share of industry revenue/gross product.
