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Cafes and Bars Market, Global Outlook and Forecast 2023-2032

Cafes and Bars Market, Global Outlook and Forecast 2023-2032

  • Published on : 18 September 2023
  • Pages :61
  • Report Code:SMR-7814379

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Report overview

The global Cafes and Bars market was valued at US$ 319670 million in 2022 and is projected to reach US$ 402580 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.A caf or coffeehouse is a small restaurant serving coffee, beverages, and light meals.

This report aims to provide a comprehensive presentation of the global market for Cafes and Bars, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cafes and Bars. This report contains market size and forecasts of Cafes and Bars in global, including the following market information:

  • Global Cafes and Bars Market Revenue, 2018-2023, 2024-2032, ($ millions)
  • Global top five companies in 2022 (%)
The latest trend gaining momentum in the market is the demand for innovation and customization in food menus. Customers, at present, are looking for a combination of food with new and bold flavor blends. The demand for innovative and exotic foods comes mainly from the millennials. In addition, they are looking for options to customize their meals based on their daily calorie intake. One of the major drivers for this market is the increasing number of cafes. The growing concept of socializing at cafes among the urban youth is expected to drive the market during the forecast period. According to the United Nations, in 2014, over 54% of the world population lived in the urban areas. The growth in the influx of people to urban areas and a substantially large white-collared demographic have brought out an increase in the number of foodservice outlets. Varied tastes and preferences for different types of premium coffee have further led to the emergence of specialty coffee shops. Leading cafe chains such as Starbucks, Costa Coffee, and Dunkin' Brands are opening their outlets in many developing economies of Asia and South America.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cafes and Bars companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cafes and Bars Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Cafes and Bars Market Segment Percentages, by Type, 2022 (%)
  • Beverages
  • Food
Global Cafes and Bars Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Cafes and Bars Market Segment Percentages, by Application, 2022 (%)
  • Bars and Pubs
  • Cafs
  • Specialty Coffee Shops
Global Cafes and Bars Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Cafes and Bars Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Cafes and Bars revenues in global market, 2018-2023 (estimated), ($ millions)
  • Key companies Cafes and Bars revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Dunkin' Brands
  • McDonalds
  • Restaurant Brands International
  • Starbucks
  • Whitbread
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cafes and Bars, market overview.
Chapter 2: Global Cafes and Bars market size in revenue.
Chapter 3: Detailed analysis of Cafes and Bars company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cafes and Bars in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.