Full-service Restaurants - 2024 U.S. Market Research Report with Updated Recession Risk Forecasts
The 78-page 2024 Cafeterias and Buffets Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100+ data sets covering 2015-2028.
This Kentley Insights report is full of industry insights including historical and forecasted market size, revenue and industry breakdowns by product lines, size of company, concentration segmentation, business structure, customer type, state and
MSA, profitability, financial ratios, balance sheet benchmarks, BCG matrix, extensive statistics by state and MSA, operating expense details, workforce composition, industry consolidation analysis, sector benchmarks, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on numerous industry statistics including companies, locations, employees, pay, and much more.
The Cafeterias and Buffets industry includes companies, known as cafeterias, primarily engaged in preparing and serving meals for immediate consumption using cafeteria-style serving equipment, such as steam tables, a refrigerated area, and self-service nonalcoholic beverage dispensing equipment. Patrons select from food and drink items on display in a continuous cafeteria line.
This report was developed utilizing the results from extensive business surveys and econometrics. Professionals utilize this report for market sizing, industry analysis, benchmarking, forecasting, strategic planning, market analysis, due diligence, valuation, sales & marketing strategy, operational streamlining, organizational strategy, evaluating opportunities, and many other analyses.
Review the 78-page table of contents or download a sample report to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the report:INDUSTRY SIZEIn 2023, industry sales were $6.6 billion
Purchase now for historicals (2015-2023) and forecasts for 2024 and the next 5 years
INDUSTRY GROWTHOver the past 5 years, the industry has declined at an annual rate of -0.1%
The report has historical, annual and forecasted growth rates
COMPANY GROWTHThere are 4,597 companies in the industry
Learn more about the historical and forecasted industry composition
SALES PER COMPANYIn 2023, the average sales per company was $1.4 million
Purchase now for historical and forecasted sales per company
INFLATION & PRICINGInflation has averaged 3.6% over the past 5 years
The report has historicals (2015-2023), 4 years of monthly figures, and 2024 & 5-year forecast
PROFITABILITYFor unprofitable companies, the average net loss is -7%
The report has more on market and profitability dynamics
RIGHTSIZING ANALYSISEmployee productivity is $50,100
Learn more about historical and forecasted employee productivity
EXPENSE BENCHMARKING1.5% of expenses is spent on health insurance
Benchmark against 24 other expense categories
OPERATING EXPENSESIn 2023, industry operating expenses grew 10.4%
Purchase now for historical and forecasted
OPEXPAYROLL BY STATECalifornia averages $18,141 in payroll per employee
Purchase now for payroll stats on other states
JOB CATEGORIZATION BENCHMARKS2.5% of employees in the industry are in management positions
Benchmark against 25 other job categories
JOB CATEGORIZATION PAY RANGESThe average industry hourly pay for office and administrative jobs is $18.39
Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 26 job categories
The above stats represent a small fraction of what you will find in this report.
Purchase the 2024 Cafeterias and Buffets Market Research Report now to unlock the insight from one of the most trusted research firms.