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Global Cafes and Bars Market to reach USD XX billion by the end of 2029.

Global Cafes and Bars Market Size study & Forecast, by Service Type ( Bars, Cafes, and Coffee Shops) by Outlet (Chained Outlets, Independent Outlets) and Regional Analysis, 2022-2029

Product Code: OIRFB-43581613
Publish Date: 25-01-2023
Page: 200

Global Cafes and Bars Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. The places where people can get drinks or coffee are bars and cafes. Additionally, they offer food to their clients. Growing number of people who are working, there is a growing demand for bars and cafes. People are encouraged to interact in bars and cafes. They offer a space where individuals can unwind. Bars, pubs, cafes, specialty coffee shops, etc. are a few examples of bars and cafes. The Cafes and Bars market is expanding because of factors such as rising working population and Innovation and Customization in Food Menus.

According to World Bank Organization, in year 2017 the total working population across the globe stood at 3.38 billion which increased to 3.45 billion in year 2019. As a result, with the rising working population and sedentary lifestyle, people prefer outside food which is driving the growth of market. In addition, rising demand for personalized food expansion and new-gen innovative design outlets of cafes and bars are creating lucrative growth to the market. However, the high initial and maintenance cost of cafes and bars stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Cafes and Bars Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Among these region, North America holds the highest share owing to factors such as rising popularity of various kinds of drinks, and adults diverse tastes and preferences in the region. Also, Asia Pacific is expected to have a significant growth owing to factors such as rising target population, rising establishment of new cafes and bars in the region.

Major market player included in this report are:
Starbucks Corporation
J D Wetherspoon plc
The Coca-Cola Company
Odyzean Limited
Buffallo Wild Wings
McDonald’s Corporation
Coffee Day Enterprises
John Swire & Sons Limited
Luigi Lavazza Spa
Rome Bidco Limited
Recent Developments in the Market:
 In March 2022, Daniel’s Chai Bar, which is based in Brampton, Canada, announced the establishment of new pop-up location at Toronto, Vaughan Mills.
 In August 2022, Barrio Familia announced its plan to launch world’s largest completely new tequila bar in London, United Kingdom.
Global Cafes and Bars Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Service Type, Outlet, Type Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Service Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Service Type:
Bars, Cafes
Coffee Shops

By Outlet:
Chained Outlets
Independent Outlets

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Cafes and Bars Market, by Region, 2019-2029 (USD Billion)
1.2.2. Cafes and Bars Market, by Service Type, 2019-2029 (USD Billion)
1.2.3. Cafes and Bars Market, by Outlet, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cafes and Bars Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cafes and Bars Market Dynamics
3.1. Cafes and Bars Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing working population Growing demand for Innovation and Customization in Food Menus
3.1.2. Market Challenges High initial and maintenance cost of Cafes and Bars
3.1.3. Market Opportunities Rising demand for personalized food expansion New-gen innovative design outlets of cafes and bars
Chapter 4. Global Cafes and Bars Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Cafes and Bars Market, by Service Type
6.1. Market Snapshot
6.2. Global Cafes and Bars Market by Service Type, Performance – Potential Analysis
6.3. Global Cafes and Bars Market Estimates & Forecasts by Service Type 2019-2029 (USD Billion)
6.4. Cafes and Bars Market, Sub Segment Analysis
6.4.1. Bars
6.4.2. Cafes
6.4.3. Coffee Shops
Chapter 7. Global Cafes and Bars Market, by Outlet
7.1. Market Snapshot
7.2. Global Cafes and Bars Market by Outlet, Performance – Potential Analysis
7.3. Global Cafes and Bars Market Estimates & Forecasts by Outlet 2019-2029 (USD Billion)
7.4. Cafes and Bars Market, Sub Segment Analysis
7.4.1. Chained Outlets
7.4.2. Independent Outlets
Chapter 8. Global Cafes and Bars Market, Regional Analysis
8.1. Cafes and Bars Market, Regional Market Snapshot
8.2. North America Cafes and Bars Market
8.2.1. U.S. Cafes and Bars Market Service Type breakdown estimates & forecasts, 2019-2029 Outlet breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Cafes and Bars Market
8.3. Europe Cafes and Bars Market Snapshot
8.3.1. U.K. Cafes and Bars Market
8.3.2. Germany Cafes and Bars Market
8.3.3. France Cafes and Bars Market
8.3.4. Spain Cafes and Bars Market
8.3.5. Italy Cafes and Bars Market
8.3.6. Rest of Europe Cafes and Bars Market
8.4. Asia-Pacific Cafes and Bars Market Snapshot
8.4.1. China Cafes and Bars Market
8.4.2. India Cafes and Bars Market
8.4.3. Japan Cafes and Bars Market
8.4.4. Australia Cafes and Bars Market
8.4.5. South Korea Cafes and Bars Market
8.4.6. Rest of Asia Pacific Cafes and Bars Market
8.5. Latin America Cafes and Bars Market Snapshot
8.5.1. Brazil Cafes and Bars Market
8.5.2. Mexico Cafes and Bars Market
8.6. Rest of The World Cafes and Bars Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Starbucks Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. J D Wetherspoon plc
9.2.3. The Coca-Cola Company
9.2.4. Odyzean Limited
9.2.5. Buffallo Wild Wings
9.2.6. McDonald’s Corporation
9.2.7. Coffee Day Enterprises
9.2.8. John Swire & Sons Limited
9.2.9. Luigi Lavazza Spa
9.2.10. Rome Bidco Limited
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
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