Major Group SIC 5813 - Drinking Places (alcoholic Beverages)

SIC 5813 - Drinking Places (alcoholic Beverages)

SIC 58 - Eating And Drinking Places
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- SIC 581 - Eating And Drinking Places
  SIC 581 - Eating And Drinking Places
  - SIC 5813 - Drinking Places (alcoholic Beverages)
    SIC 5812 - Eating Places SIC 5813 - Drinking Places (alcoholic Beverages)

Establishments primarily engaged in the retail sale of alcoholic drinks, such as beer, ale, wine, and liquor, for consumption on the premises. The sale of food frequently accounts for a substantial portion of the receipts of these establishments.

Industry trends:

The Drinking Places (Alcoholic Beverages) industry, classified under NAICS 5813, has seen several qualitative trends recently. One prominent trend is the increasing consumer demand for craft and premium beverages. Patrons are showing a preference for unique, high-quality drinks, leading to a surge in craft beer, artisanal cocktails, and locally sourced spirits. This shift is prompting many establishments to diversify their offerings and focus on curated drink menus.

Another notable trend is the integration of technology in operations. Digital transformations such as online reservations, contactless payments, and mobile ordering apps are becoming standard, enhancing customer convenience and streamlining business operations. Additionally, the rise of social media as a marketing tool continues to impact the industry, with bars leveraging platforms to engage with customers, promote events, and showcase new drinks.

Forecasts for the near future suggest these trends will persist and evolve. Craft and premium beverage markets are expected to grow further, driven by consumer interest in quality and experimentation. Moreover, technology adoption will likely increase, with innovations like AI-assisted drink recommendations and augmented reality experiences emerging. The industry may also see a rise in sustainable practices, with eco-friendly initiatives gaining traction among environmentally conscious consumers.

Overall, the Drinking Places (Alcoholic Beverages) industry appears poised for continued evolution, shaped by consumer preferences for quality, technological advancements, and sustainability efforts.

This industry is comprised of:

Bars (alcoholic beverage drinking places)

Beer gardens (drinking places)

Beer parlors (tap rooms)

Beer taverns

Beer, wine, and liquors: sale for on-premise consumption

Bottle clubs (drinking places)

Cabarets

Cocktail lounges

Discotheques, alcoholic beverage

Drinking places, alcoholic beverages

Night clubs

Saloons (drinking places)

Tap rooms (drinking places)

Taverns (drinking places)

Wine bars

Explore related industries:

SIC 2085 - Distilled And Blended Liquors SIC 5181 - Beer And Ale SIC 5921 - Liquor Stores

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