Key Takeaways
- In 2022, New York City's food and beverage industry generated $45.2 billion in total sales revenue from restaurants and bars alone
- The food service sector in NYC contributed approximately 4.1% to the city's overall GDP in 2023, totaling $28.7 billion
- NYC's beverage manufacturing subsector produced $1.8 billion in value added in 2021
- NYC employed 450,000 workers in food and beverage services in 2023
- Restaurants accounted for 320,000 jobs in NYC as of 2022
- Bartenders and bar service staff numbered 45,000 in NYC 2023
- NYC had 25,000 restaurant establishments in 2023
- Bars and drinking places numbered 4,200 in NYC as of 2022
- Coffee shops and cafes: 3,800 outlets in NYC 2023
- NYC residents spent $18.7 billion on dining out in 2023
- Average check per restaurant visit in NYC was $45.20 in 2022
- Alcohol beverage spending averaged $22 per person weekly in NYC 2023
- 45% of NYC consumers prefer sustainable F&B, driving $5.2B premium spend 2023
- Ghost kitchens grew to 1,200 virtual brands in NYC 2022
- Plant-based menu items up 65% in NYC restaurants since 2019 to 2023
New York City's robust food and beverage industry is a massive economic engine.
Consumer Spending
- NYC residents spent $18.7 billion on dining out in 2023
- Average check per restaurant visit in NYC was $45.20 in 2022
- Alcohol beverage spending averaged $22 per person weekly in NYC 2023
- Delivery app orders totaled 250 million in NYC F&B 2022, value $4.1B
- Coffee consumption spending: $12.5 per capita monthly in NYC 2023
- Craft beer purchases: $8.3 per week average for NYC millennials 2022
- Grocery prepared meals spending up 22% to $3.9B in NYC 2023
- Fine wine retail spend: $450 annually per affluent NYC household 2022
- Street food expenditure: $15 average per visit, 80M visits yearly NYC 2023
- Plant-based alternatives spending reached $250 per capita yearly 2022
- Cocktail bar tabs averaged $75 for groups of 2-4 in NYC 2023
- Catering orders for events: $1,200 average in NYC 2022
- Food festival attendance spending: $45 per person at 50+ events yearly
- Non-alcoholic beverage market spend: $180 yearly per NYC resident 2023
- Pizza slice purchases: 500M slices sold at $3.50 avg in NYC 2022
- Hotel room service F&B: $28 average order value NYC 2023
- Farmers market purchases: $12 avg basket, $50M seasonal total NYC 2022
- Delivery fees and tips added $850M to NYC F&B in 2023
- Vegan dining out spend up 35% to $1.2B in NYC 2022
- Brunch spending averaged $52 per person weekends NYC 2023
- Craft cocktail consumption: 15M drinks sold at $18 avg NYC 2022
- Juice cleanse programs: $300 avg spend per cycle, 100K cycles yearly
Consumer Spending Interpretation
Economic Impact
- In 2022, New York City's food and beverage industry generated $45.2 billion in total sales revenue from restaurants and bars alone
- The food service sector in NYC contributed approximately 4.1% to the city's overall GDP in 2023, totaling $28.7 billion
- NYC's beverage manufacturing subsector produced $1.8 billion in value added in 2021
- Total payroll in NYC's food and beverage services reached $12.4 billion in 2022
- The industry supported $6.5 billion in tax revenues for NYC in fiscal year 2023
- NYC restaurant sales grew by 15.2% year-over-year in Q4 2023
- Craft beer production in NYC generated $450 million in economic output in 2022
- Food delivery services in NYC accounted for $3.2 billion in gross merchandise value in 2023
- NYC's wholesale food distributors contributed $8.9 billion to the economy in 2022
- The nightlife beverage sector added $2.1 billion in visitor spending in 2023
- NYC's food and beverage exports reached $1.2 billion in 2022, primarily craft spirits and specialty foods
- Independent restaurants in NYC generated 68% of total F&B sales in 2023, equaling $30.8 billion
- The sector's multiplier effect generated $2.50 in additional economic activity per $1 spent in 2022
- NYC's coffee shop industry produced $1.9 billion in revenue in 2023
- Bottled water and non-alcoholic beverages sales hit $850 million in NYC in 2022
- Fine dining establishments contributed $4.7 billion to NYC's luxury economy in 2023
- Street food vendors generated $320 million in annual sales across NYC in 2022
- NYC's wine and spirits retail sales totaled $5.6 billion in 2023
- Catering services in NYC reached $2.4 billion in revenue pre-COVID recovery by 2023
- The plant-based food market in NYC grew to $1.1 billion in 2023 sales
- NYC's food trucks contributed $150 million to local economy in 2022
- Hotel F&B outlets generated $3.8 billion in 2023
- NYC's bakery and confectionery sector output was $2.2 billion in 2022
- Event space beverage sales added $900 million in 2023
- NYC's soft drink manufacturing valued at $750 million in 2022 shipments
- Grocery store prepared foods sales reached $4.5 billion in NYC 2023
- NYC F&B tech startups raised $1.4 billion in VC funding 2022-2023
- Tourism-driven F&B spending was $12.3 billion in 2023
- NYC's dairy processing industry output $1.3 billion in 2022
- Overall F&B industry growth rate was 8.7% in NYC from 2021-2023
Economic Impact Interpretation
Employment
- NYC employed 450,000 workers in food and beverage services in 2023
- Restaurants accounted for 320,000 jobs in NYC as of 2022
- Bartenders and bar service staff numbered 45,000 in NYC 2023
- Food preparation workers totaled 120,000 positions in NYC 2022
- Chefs and head cooks employed 28,000 across NYC establishments in 2023
- Delivery drivers in F&B sector reached 65,000 full-time equivalents in 2023
- Supermarket and grocery staff in NYC F&B: 180,000 jobs in 2022
- Beverage manufacturing employed 12,500 workers in NYC metro 2023
- Waitstaff positions: 95,000 in NYC restaurants and bars 2022
- Kitchen support staff numbered 75,000 in NYC 2023
- Hospitality managers in F&B: 22,000 jobs in NYC 2022
- Cashiers in food services: 40,000 employed in NYC 2023
- Sommeliers and beverage specialists: 3,200 in NYC fine dining 2022
- Food scientists and technologists: 1,800 jobs in NYC F&B 2023
- Baristas employed 25,000 across NYC coffee shops in 2022
- Caterers and event staff: 18,000 seasonal jobs in NYC 2023
- Wholesale food sales reps: 8,500 in NYC 2022
- Bakers and pastry chefs: 15,000 in NYC bakeries 2023
- Brewery and distillery workers: 4,200 in NYC craft sector 2022
- Street vendor operators: 12,000 licensed in NYC 2023
- Hotel F&B staff: 35,000 jobs in NYC 2022
- Nutritionists in F&B: 2,100 employed in NYC institutions 2023
- Food truck crew members: 5,500 across NYC 2022
- Wine importers staff: 3,800 in NYC 2023
- Plant-based food production workers: 2,900 in NYC 2022
- Supermarket deli staff: 28,000 in NYC 2023
- F&B logistics drivers: 22,000 in NYC metro 2022
- Event bartenders: 9,000 freelance in NYC 2023
Employment Interpretation
Establishments
- NYC had 25,000 restaurant establishments in 2023
- Bars and drinking places numbered 4,200 in NYC as of 2022
- Coffee shops and cafes: 3,800 outlets in NYC 2023
- Food trucks licensed: 3,200 mobile units operating in NYC 2022
- Craft breweries: 150 operational in NYC metro 2023
- Distilleries: 120 craft spirits producers in NYC 2022
- Bakeries: 2,100 independent in NYC 2023
- Grocery stores with prepared foods: 1,450 in NYC 2022
- Fine dining restaurants: 450 Michelin-recognized or equivalent in NYC 2023
- Street food carts and stands: 10,000 permitted vendors in NYC 2022
- Wine bars: 650 in NYC as of 2023
- Vegan and plant-based eateries: 850 dedicated spots in NYC 2022
- Hotel restaurants and bars: 420 outlets in NYC hotels 2023
- Catering businesses: 1,200 licensed in NYC 2022
- Juice bars and smoothie shops: 750 in NYC 2023
- Pizzerias: 1,800 traditional in NYC 2022
- Seafood restaurants: 650 specialized in NYC 2023
- Rooftop bars: 250 in NYC skyline 2022
- Food halls: 25 major ones hosting 500+ vendors in NYC 2023
- Speakeasies and hidden bars: 180 in NYC 2022
- Butcher shops and meat markets: 420 in NYC 2023
- Farmers markets outlets: 150 weekly in NYC season 2022
- Bubble tea shops: 450 in NYC 2023
Establishments Interpretation
Trends and Innovations
- 45% of NYC consumers prefer sustainable F&B, driving $5.2B premium spend 2023
- Ghost kitchens grew to 1,200 virtual brands in NYC 2022
- Plant-based menu items up 65% in NYC restaurants since 2019 to 2023
- Contactless payments adopted by 92% of NYC F&B outlets in 2023
- Low/no-alcohol beverages sales surged 28% in NYC bars 2022
- AI menu optimization used by 35% of NYC independents in 2023
- Zero-waste kitchens in 420 NYC establishments by 2022
- NFT loyalty programs launched by 50 NYC F&B brands 2023
- Hyper-local sourcing: 78% of farm-to-table spots in NYC 2022
- Experiential dining events booked 2.5M times yearly NYC 2023
- Meal kit subscriptions: 450K NYC households in 2022
- Fermentation and gut-health menus up 40% in NYC 2023
- Pop-up restaurants: 1,200 hosted annually in NYC 2022
- Voice ordering via apps used by 55% of NYC millennials 2023
- Mushroom-based foods featured in 300 NYC menus 2022
- Subscription box for F&B grew 22% to $200M market NYC 2023
- Outdoor dining patios expanded to 8,000 seats post-2022 NYC
- Lab-grown meat pilots in 15 NYC spots by 2023
- Wellness beverages like adaptogens: $450M sales NYC 2022
- Collaborative kitchens shared by 650 startups in NYC 2023
- AR menus trialed in 120 NYC venues 2022
- Seafood sustainability certifications on 72% of NYC menus 2023
- Non-dairy milk usage up 50% in NYC cafes 2022
- Metaverse F&B events attended virtually by 100K NYC users 2023
- Hyper-personalized nutrition apps used by 30% of fitness-focused NYC diners 2022
- Canned wine sales boomed 35% in NYC retail 2023
- Regenerative agriculture suppliers for 250 NYC restaurants 2022
Trends and Innovations Interpretation
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