Bars And Cafés Services Market Global Briefing 2018

Bars And Cafés Services Market Global Briefing 2018
Starting Price : $ 1000.00 | Pages : 42 | Published : January 2018

SKU CODE : 2698 | Format :

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.

South America was the largest region in the bars and cafes market in 2017, accounting for around 33% market share. Asia Pacific was the second largest region accounting for around 22% market share. Eastern Europe was the smallest region accounting for around 1% market share.


Changing consumer lifestyles and rising preferences for quick, packaged and healthy beverages have led to increasing demand for ready-to-drink (RTD) products. RTD tea and other RTD products are growing rapidly in the bars and cafés industry. Companies in the market are working on launching such drinks in the market to cater to the working population. For example, in June 2016 Starbucks and Anheuser-Busch collaborated to launch Teavana Ready-to-Drink tea by 2018. Café bar and coffee shop establishments are capitalizing on rapidly growing RTD market that grew at 16% CAGR over the past five years.

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