A café or coffeehouse is a small restaurant serving coffee, beverages, and light meals.
The latest trend gaining momentum in the market is the demand for innovation and customization in food menus. Customers, at present, are looking for a combination of food with new and bold flavor blends. The demand for innovative and exotic foods comes mainly from the millennials. In addition, they are looking for options to customize their meals based on their daily calorie intake. One of the major drivers for this market is the increasing number of cafes. The growing concept of socializing at cafes 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 cafe chains such as Starbucks, Costa Coffee, and Dunkin' Brands are opening their outlets in many developing economies of Asia and South America.

Market Analysis and Insights: Global Cafes and Bars Market
The global Cafes and Bars market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Cafes and Bars market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Cafes and Bars market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Cafes and Bars market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Cafes and Bars market.

Global Cafes and Bars Scope and Market Size
Cafes and Bars market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Cafes and Bars market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Beverages
Food

Segment by Application
Bars and Pubs
Cafés
Specialty Coffee Shops

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Dunkin' Brands
McDonald’s
Restaurant Brands International
Starbucks
Whitbread