The first day of summer is here and as temperatures heat up, more Americans are turning to sweet, cool and refreshing treats. Whether they reach for an iced latte, a cup of frozen yogurt or a fruit smoothie, they are contributing to one of the fastest-changing segments of the economy, according to the latest research report from IBISWorld. Together, these industries account for an astounding $38.6 billion in revenue in 2012:
- Ice Cream Production
- Coffee and Snack Shops
- Frozen Yogurt Stores
- Juice and Smoothie Bars
For more information on these industries, please see the attached research report or view it online here. If you have questions or wish to speak with the analyst who authored the report, please let me know.