PROSPECTS AND OPPORTUNITIES
Rising demand for specialist coffee and tea shops
Cafes/bars looks set for a positive performance in the Czech Republic throughout the forecast period. Coffee and tea shops, in particular, will continue to benefit from the growing sophistication of consumer tastes, in line with the further evolution of coffee- and tea-drinking cultures in the Czech Republic.
Shift towards lower alcohol consumption
Independent bars/pubs is expected to see a decline in outlet numbers, driven by market oversaturation and rising operating costs. Despite an anticipated easing of inflationary pressures, short-term financial strain is likely to intensify following the Czech government’s VAT increase on draught beer from 10% to 21% in early 2024.
Innovation will be key differentiator
Product innovation will be essential for cafés and bars looking to attract and retain customers. Czech consumers are eager to explore new flavours and unique experiences, particularly when it comes to coffee and speciality drinks.
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Overview:
Understand the latest market trends and future growth opportunities for the Cafés/Bars industry in Czech Republic 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 Czech Republic, 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 Czech Republic 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 Czech Republic?
- Which are the leading brands in Cafés/Bars in Czech Republic?
- How are multinational and local operators competing and expanding in Czech Republic?
- How are consumer lifestyle trends and eating habits shaping Cafés/Bars in Czech Republic?
- 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 Czech Republic? Which of these trends hold the greatest potential demand?
- Where is future growth expected to be most dynamic?
Cafés/Bars in the Czech Republic - Category analysis
KEY DATA FINDINGS
VAT hike impacts consumer demand
Independents dominate competitive landscape
Juice bars grow in popularity
Rising demand for specialist coffee and tea shops
Shift towards lower alcohol consumption
Innovation will be key differentiator
Consumer Foodservice in the Czech Republic - 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?
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- 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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