Lewes, DE -- (SBWIRE) -- 11/29/2017 -- Report forecast the global cafés and bars market to grow at a CAGR of 7.59% during the period 2017-2021.

Cafés and bars are food service outlets that serve alcoholic beverages, non-alcoholic beverages, and breakfast and snack food items. They include coffee houses, tea houses, bars, pubs, and other cafés. The global foodservice market is expected to grow steadily during the forecast period. This is due to changing consumer demographics, growing demand for food customizations, and an increasing desire to lead a healthier lifestyle.

The report covers the present scenario and the growth prospects of the global cafés and bars market for 2017-2021. To calculate the market size, the report considers the sales/volume.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one of the major drivers for this market is Increasing number of cafés. The growing concept of socializing at cafés 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 café chains such as Starbucks, Costa Coffee, and Dunkin Brands are opening their outlets in many developing economies of Asia and South America.

Further, the report states that one of the major factors hindering the growth of this market is Fluctuations in raw material prices. A major challenge for almost all the types of foodservice outlets is the fluctuation in the prices of food commodities and raw materials such as sugar and dairy products, which are vital for the preparation of coffee; tea; and others.

Global Cafés and Bars Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global cafés and bars market: Dunkin' Brands, McDonald's, Restaurant Brands International, Starbucks, and Whitbread.

Other Prominent Vendors in the market are: Barista Coffee, Buffalo Wild Wings, Caffè Nero, Caribou Coffee, Coffee Beanery, Coffee Day Enterprises, Doutor Coffee Shop, Ediya Coffee, Gloria Jean's Coffees, International Coffee & Tea, Krispy Kreme Doughnuts, Stonegate Pub Company, and Tully's Coffee.

Market driver
- Increasing number of cafés
- For a full, detailed list, view our report

Market challenge
- Fluctuations in raw material prices
- For a full, detailed list, view our report

Market trend
- Demand for innovation and customization in food menus
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

Spanning over 86 pages "Global Cafes and Bars Market 2017 - 2021" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market segmentation by shop type, Market segmentation by product, Geographical segmentation, Key leading countries, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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