The bars and cafés industry
offers alcoholic and non-alcoholic beverages and limited food services for
immediate on-premise consumption. This industry includes bars, taverns, pubs,
night clubs and lounges but does not include civic or social association bars,
beer, wine and liquor stores and restaurants and nightclubs that do not serve
alcoholic beverages.
Read more:
The global bars and cafés
services market has been growing in the past years with a CAGR of almost
6%.
TBRC’s latest report show the historic and future trends in the market for each
year with sourced reasons to support the growth claims.
The report also shows the global
bars and cafés services market to grow at a higher CAGR by 2021 as compared to
2017, along with geographies best suited for investments with highest return
rate.
Sample report:
With fierce competition in the
bars and cafés market, the experience that a café or bar delivers to its
customers is very important. These places not only offer food and beverages,
but also an experience. Many cafes have stories that are around a cuisine, a
way of presenting the food or beverages, a theme, or the process implemented.
To provide customers an interesting experience, some of the bars use themed
menus, specifically-trained waiters and music. For example, Northern Lights
Bar, Iceland, is located at a spot to view the famous Northern Lights. Red Sea
Bar, Israel is constructed beneath the Red Sea, located 16 feet underwater. The
windows of the bar provide views of surrounding coral, fish and other sea
creatures.
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Companies included in the report
are Starbucks, Whitbread PLC, Lavazza, Buffallo Wild Wings, and Dunkin' Brand.
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