Global Coffee Shops and Cafes Market: Emerging Trends, Major Key Players Starbucks and Costa Coffee

According to the report, The global Coffee Shops and Cafes market size is expected to grow from $ in 2020 to $ Million by 2028 growing at the CAGR of 3.9% from 2021 to 2028. The major driver for the coffee shops and cafes market is the increasing number of millennial consumers in many geographies. The market is being driven by shifts in consumer behavior where many adults are going out more often and enjoying more activity-oriented gatherings such as road trips with friends. Some of the fastest growth has been recorded in places like on campuses, where it isn't uncommon to see a coffee shop/café on every block. European-style coffee brands have also begun to catch on with consumers looking for that authentic experience from across the Atlantic, driving an increase in overall competition levels themselves.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global COFFEE SHOPS AND CAFES industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Coffee Shops and Cafes market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Coffee Shops and Cafes players holding highest market share include Starbucks. Costa Coffee, McCafe and Doutor Coffee. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Starbucks
• Costa Coffee
• McCafe
• Doutor Coffee
• Coffee Bean & Tea Leaf
• Caffe Nero
• Tully's Coffee
• Ediya Espresso
• Caribou Coffee
• Gloria Jean's Coffees

Segmental Analysis

Market Segment By Product Type with focus on market share, consumption trend, and growth rate of COFFEE SHOPS AND CAFES Market:
o Carbonated drink
o Non-Carbonated drink
o Alcoholic drinks

Market Segment By Application with focus on market share, consumption trend, and growth rate of COFFEE SHOPS AND CAFES Market:
o Coffee
o Food
o Other

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Global Coffee Shops and Cafes Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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