FEATURED COMPANIES
- Buffallo Wild Wings
- Dunkin' Brands
- Lavazza
- Starbucks
- Whitbread PLC
Bars And Cafes Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global bars and cafes market as it emerges from the COVID-19 shut down.
Reasons to Purchase
Description:
Where is the largest and fastest growing market for the bars and cafes? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Bars And Cafes market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider bars and cafes market, and compares it with other markets.
Scope
Markets Covered:
1) By Type: Snack And Nonalcoholic Beverage Bars; Drinking Places (Alcoholic Beverages)
2) By Ownership: Chain Market; Standalone Market
3) By Pricing: High-End; Economy
Companies Mentioned: Starbucks; Whitbread PLC; Lavazza; Buffallo Wild Wings; Dunkin' Brands
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, bars and cafes indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for the bars and cafes? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Bars And Cafes market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider bars and cafes market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The bars and cafes market section of the report gives context. It compares the bars and cafes market with other segments of the food and beverage services market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, bars and cafes indicators comparison.
Scope
Markets Covered:
1) By Type: Snack And Nonalcoholic Beverage Bars; Drinking Places (Alcoholic Beverages)
2) By Ownership: Chain Market; Standalone Market
3) By Pricing: High-End; Economy
Companies Mentioned: Starbucks; Whitbread PLC; Lavazza; Buffallo Wild Wings; Dunkin' Brands
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, bars and cafes indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Frequently Asked Questions about the Global Bars and Cafes Market
What is the estimated value of the Global Bars and Cafes Market?
What is the growth rate of the Global Bars and Cafes Market?
What is the forecasted size of the Global Bars and Cafes Market?
Who are the key companies in the Global Bars and Cafes Market?
FEATURED COMPANIES
- Buffallo Wild Wings
- Dunkin' Brands
- Lavazza
- Starbucks
- Whitbread PLC
1. Executive Summary2. Report Structure7. Bars And Cafes Market Trends And Strategies8. Impact Of COVID-19 On Bars And Cafes21. Key Mergers And Acquisitions In The Bars And Cafes Market25. Copyright And Disclaimer
3. Bars And Cafes Market Characteristics
4. Bars And Cafes Market Product Analysis
5. Bars And Cafes Market Supply Chain
6. Bars And Cafes Market Customer Information
9. Bars And Cafes Market Size And Growth
10. Bars And Cafes Market Regional Analysis
11. Bars And Cafes Market Segmentation
12. Bars And Cafes Market Metrics
13. Asia-Pacific Bars And Cafes Market
14. Western Europe Bars And Cafes Market
15. Eastern Europe Bars And Cafes Market
16. North America Bars And Cafes Market
17. South America Bars And Cafes Market
18. Middle East Bars And Cafes Market
19. Africa Bars And Cafes Market
20. Bars And Cafes Market Competitive Landscape
22. Market Background: Food And Beverage Services Market
23. Recommendations
24. Appendix
FEATURED COMPANIES
- Buffallo Wild Wings
- Dunkin' Brands
- Lavazza
- Starbucks
- Whitbread PLC
Major companies in the bars and cafe market include Starbucks; Whitbread PLC; Lavazza; Buffallo Wild Wings and Dunkin' Brands.
The global bars and cafes market is expected to grow from $335.55 billion in 2020 to $403.8 billion in 2021 at a compound annual growth rate (CAGR) of 20.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $512.98 billion in 2025 at a CAGR of 6%.
The bars and cafes market consists of sales of alcoholic beverages for immediate consumption, nonalcoholic beverages and specialty snacks for consumption on or near the premises by entities (organizations, sole traders and partnerships) including bars, taverns, nightclubs, or drinking places and fruit juice stalls, coffee shops and mobile beverage vendors that prepare and serve alcoholic beverages for immediate consumption or prepare and/or serve a specialty snack, such as ice cream, frozen yogurt, cookies, or popcorn, and/or serve nonalcoholic beverages, such as coffee, juices, or sodas for consumption on or near the premises. The bars and cafes market is segmented into snack and nonalcoholic beverage bars and drinking places (alcoholic beverages).
Asia Pacific was the largest region in the global bars and cafes market, accounting for 35% of the market in 2020. Western Europe was the second largest region accounting for 34% of the global bars and cafes market. Africa was the smallest region in the global bars and cafes market.
Technological advances are enabling beverage serving companies to deliver customized, convenient, fast and adaptable services. Cafes around the world are investing in WiFi-enabled coffee makers that can brew coffee according to the user’s specific individual taste. Selfiii International, a Malaysian company, developed a printer that can print selfies of customers onto their coffee, making the coffee experience more personal, thereby increasing sales. Bars, taverns and nightclubs are also increasingly offering technology-driven solutions and services. They are innovating the way customers order and pay for food and drinks by introducing self-ordering touchscreen kiosks, mobile apps for customizable orders and quick payment, digital entertainment.
The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the bars and cafes market in 2020 as governments globally imposed restrictions on domestic and international travel limiting the need for services offered by these establishments. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the bars and cafes market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.
As the bars and cafés market is largely driven by the spending power of its consumers, steady gains in disposable personal income are expected to boost the industry in the forecast period. Many developed and developing countries across the world are forecasted to register a steady economic growth resulting in higher disposable incomes and subsequently higher spending for services such as bars and cafés. For instance, the International Monetary Fund (IMF) predicts that the global real GDP growth will be 3.7% over 2019 and 2020, and 3.6% from 2021 to 2023. Thus, the rise in purchasing power with the economic growth is expected to drive the bars and cafés market in the forecast period.
The global bars and cafes market is expected to grow from $335.55 billion in 2020 to $403.8 billion in 2021 at a compound annual growth rate (CAGR) of 20.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $512.98 billion in 2025 at a CAGR of 6%.
The bars and cafes market consists of sales of alcoholic beverages for immediate consumption, nonalcoholic beverages and specialty snacks for consumption on or near the premises by entities (organizations, sole traders and partnerships) including bars, taverns, nightclubs, or drinking places and fruit juice stalls, coffee shops and mobile beverage vendors that prepare and serve alcoholic beverages for immediate consumption or prepare and/or serve a specialty snack, such as ice cream, frozen yogurt, cookies, or popcorn, and/or serve nonalcoholic beverages, such as coffee, juices, or sodas for consumption on or near the premises. The bars and cafes market is segmented into snack and nonalcoholic beverage bars and drinking places (alcoholic beverages).
Asia Pacific was the largest region in the global bars and cafes market, accounting for 35% of the market in 2020. Western Europe was the second largest region accounting for 34% of the global bars and cafes market. Africa was the smallest region in the global bars and cafes market.
Technological advances are enabling beverage serving companies to deliver customized, convenient, fast and adaptable services. Cafes around the world are investing in WiFi-enabled coffee makers that can brew coffee according to the user’s specific individual taste. Selfiii International, a Malaysian company, developed a printer that can print selfies of customers onto their coffee, making the coffee experience more personal, thereby increasing sales. Bars, taverns and nightclubs are also increasingly offering technology-driven solutions and services. They are innovating the way customers order and pay for food and drinks by introducing self-ordering touchscreen kiosks, mobile apps for customizable orders and quick payment, digital entertainment.
The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the bars and cafes market in 2020 as governments globally imposed restrictions on domestic and international travel limiting the need for services offered by these establishments. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the bars and cafes market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.
As the bars and cafés market is largely driven by the spending power of its consumers, steady gains in disposable personal income are expected to boost the industry in the forecast period. Many developed and developing countries across the world are forecasted to register a steady economic growth resulting in higher disposable incomes and subsequently higher spending for services such as bars and cafés. For instance, the International Monetary Fund (IMF) predicts that the global real GDP growth will be 3.7% over 2019 and 2020, and 3.6% from 2021 to 2023. Thus, the rise in purchasing power with the economic growth is expected to drive the bars and cafés market in the forecast period.
A selection of companies mentioned in this report includes:
- Starbucks
- Whitbread PLC
- Lavazza
- Buffallo Wild Wings
- Dunkin' Brands
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