Global Markets Latest Research Reports: Drinking Places Market Report

Showing posts with label Drinking Places Market Report. Show all posts

Sep 24, 2018

Experiential Dining In The Global Bars And Cafés Services Market (Companies Included: Starbucks, Whitbread PLC, Lavazza, Buffallo Wild Wings, and Dunkin' Brand)

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.

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:

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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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Jul 12, 2018

Global Bars And Cafés Services Market Is Valued At $562 Billion In 2017 According To TBRC’s Latest Report

The bars and cafés industry offer 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.

The bars and cafés market is valued at $562 billion in 2017 due to increasing use of coffee shops for informal & formal business meetings. Businesses are encouraging discussions and client meetings in coffee shops for various reasons such as their informal environment, cost saving and general convenience.

South America was the largest region in the bars and cafes market in 2017, accounting for one-third of the market share.

The market in the report is segmented into: drinking places (alcoholic beverages) and snack and non-alcoholic beverage bars.

Sample Report: https://www.thebusinessresearchcompany.com/sample.aspx?id=269&type=smp

Brazil was the largest country in the bars and cafes market in 2017, accounting for almost one fifth of the market share. This was mainly attributed to a large proportion of young and millennial population spending their time in bars and cafes as a past time. Brazil was followed by USA and Japan.

The top five competitors in the market made up almost 6% of the total market in 2017. Starbucks was the largest competitor of the market followed by Whitbread PLC, Lavazza, Buffalo Wild Wings and Dunkin' Brands. Starbucks Corporation was the largest company in the bars and cafés market in 2017 with 4% share of the market. Starbucks Corporation is a coffee company and coffee house chain headquartered in Seattle, Washington, USA. Apart from coffee, the company sells tea and other beverages, and a range of fresh food items, through Company-operated stores and licenses its trademarks through other channels, such as licensed stores, grocery and national foodservice accounts in 68 countries around the world.

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