According to a market report by Lucintel, the future of the global cafe and bar food service market looks promising with opportunities in the bar and pub, cafe, and specialty coffee shop markets. The global cafe and bar food service market is expected to reach an estimated $0.63 billion by 2028 with a CAGR of 11.6% from 2023 to 2028. The major drivers for this market are growing inclination towards customized and innovative cuisine among customers, increasing use of wifi-enabled coffee makers in cafés, and emergence of software platform, which combines ounch-by-ounch consumer data as well as product knowledge so as to improve staff and customer experience.

In this market, beverage and food are the major segments of cafe and bar food service market by product. Lucintel forecast that beverage is expected to witness higher growth over the forecast period due to rising demand for specialized and premium hot drinks like coffee, growing popularity of organically sweetened beverages, and increasing interest in tropical-flavored carbonated soft drinks.
Within this market, café is expected to witness the highest growth over the forecast period due to growing number of cafes in metro cities and rising trend among urban youngsters to prefer such a location as a socializing place.

Europe is expected to witness the highest growth over the forecast period due to growing population demand for light meals and non-alcoholic beverages, increasing proportion of disposable income, and continuous economic growth in the region.

Berkshire Hathaway, BJs Restaurants, Brinker International, Caffe Nero, Caribou Coffee Operating, Coffee Day Enterprises, and Doutor Coffee are the major suppliers in the cafe and bar food service market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]