PROSPECTS AND OPPORTUNITIES
Café/bar will post growth aligned with the improvement of the Peruvian economy
Cafés/bars is expected to experience strong growth over the forecast period, driven by improving economic conditions in Peru. This growth is attributed to increased public and private investment in the short term, which will enhance people's spending capacity.
Cafés/bars is set to focus on expansion strategies that improve proximity to consumers
Various players in cafés/bars category are expected to resume or continue their plans to open new physical locations and remodel existing establishments over the forecast period. This stems from an anticipated improvement in the economy, which is expected to create better business development opportunities as consumers become more willing to spend.
Starbucks will reinforce its leadership, expanding stores focused on sustainability
As leader of specialist coffee and tea shops, Starbucks will continue expanding nationwide, including into new territories. Most of these openings will be in a new format called Greener Stores, as part of Starbucks’ focus on sustainability and environmental concern.
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Overview:
Understand the latest market trends and future growth opportunities for the Cafés/Bars industry in Peru with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cafés/Bars industry in Peru, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Cafés/Bars in Peru report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Cafés/Bars in Peru?
- Which are the leading brands in Cafés/Bars in Peru?
- How are multinational and local operators competing and expanding in Peru?
- How are consumer lifestyle trends and eating habits shaping Cafés/Bars in Peru?
- How is the Cafés/Bars industry adapting to a post-COVID-19 market environment? Where are the opportunities amidst the challenges?
- How significant are health considerations in shaping the future of Cafés/Bars in Peru? Which of these trends hold the greatest potential demand?
- Where is future growth expected to be most dynamic?
Cafés/Bars in Peru - Category analysis
KEY DATA FINDINGS
The poor performance of the Peruvian economy limits growth for cafés/bars in 2024
Specialist coffee and tea shops stand out as independent players expand
Rooftops bars drive sales within bars/pubs, attracting consumers willing to pay a premium
Café/bar will post growth aligned with the improvement of the Peruvian economy
Cafés/bars is set to focus on expansion strategies that improve proximity to consumers
Starbucks will reinforce its leadership, expanding stores focused on sustainability
Consumer Foodservice in Peru - Industry Overview
Consumer foodservice in 2024: The big picture
2024 key trends
Competitive landscape
Independent foodservice developments
What next for consumer foodservice?
DISCLAIMER
The following categories and subcategories are included:
Cafés/Bars
- Chained Cafés/Bars
- Independent Cafés/Bars
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- Chained Bars/Pubs
- Independent Bars/Pubs
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- Chained Cafés
- Independent Cafés
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- Chained Juice/Smoothie Bars
- Independent Juice/Smoothie Bars
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- Chained Specialist Coffee and Tea Shops
- Independent Specialist Coffee and Tea Shops
Cafés/Bars
This category encompasses all establishments where the focus is on drinking (either alcoholic or non-alcoholic beverages). While a wide variety of snacks and full meals are offered, it is not uncommon for consumers to only order a drink. As a general rule, establishments deriving 50% of their income or more from the sale of drinks are included here.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Cafés/Bars research and analysis database.
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