Harnessing the next social media trend is always a challenge – it is difficult to identify what is going to blow up on the scene and when. Nevertheless, consumers are constantly in search of new experiential moments in their lives, and this is one area in which cafés/bars will continue to grow in the forecast period.
Drive-through coffee chains posted explosive growth in 2023, driven mostly by aggressive outlet openings. Emerging chains are racing to open more outlets and gain share.
2023 was an enormous year for Artificial Intelligence. OpenAI’s Chat GPT rolled out in late 2022 and saw rapid adoption throughout 2023, while managers of all stripes were pressed by analysts for their assessment of how the explosion of large language models would impact their industries and individual businesses.
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Understand the latest market trends and future growth opportunities for the Cafés/Bars industry in USA 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 USA, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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 DefinitionsThis report originates from Passport, our Cafés/Bars research and analysis database.
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