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Report Overview

The United States cafes and bars market is projected to grow at a CAGR of 10.0% between 2024 and 2032.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

United States Cafes and Bars Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million XX
Market Size 2032 USD Million XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 10.0%
CAGR 2024-2032 - Market by Region Southeast 9.9%
CAGR 2024-2032 - Market by Region New England 9.3%
CAGR 2024-2032 - Market by Type Cafes 11.0%
CAGR 2024-2032 - Market by Application Food and Beverages 11.0%
Market Share by Region Southeast 16.0%

United States Cafes and Bars Market Outlook

The growing prevalence of nightlife and the increased number of youngsters in college and high schools socialising in cafes are some of the major factors boosting the growth of the United States cafes and bars market. The increased consumption of beverages such as coffee, tea, whiskey and tequila, among others, is further contributing to the market expansion.

Several international players are entering the US market to expand their presence in the North American region.  For instance, Camel Coffee, a prominent coffee chain in South Korea, announced in April 2024 that it is opening its first location in Silver Lake in the United States. As per the market analysis, some of Camel’s most popular drinks are expected to be served, including its signature, Camel Coffee.

As per the United States Cafes and Bars Market Regional Analysis, the Far West Region Leads the Market

  • In the 2024-2032 period, the Far West region is expected to lead the market with the highest CAGR of 11.6%, driven by a strong culture of socializing in cafes, bars, and entertainment venues, alongside a booming hospitality industry. 
  • As per the United States cafes and bars industry analysis, the Rocky Mountain region follows with a CAGR of 10.8%, supported by growing tourism and a rising trend of outdoor and urban social experiences. 
  • The Southwest, with a CAGR of 10.3%, benefits from a vibrant food and beverage scene and expanding urban centers that favour social venues. 
  • The Southeast region, growing at a CAGR of 9.9%, shows steady growth due to a mix of urbanization and increasing disposable incomes that support spending in social spaces. 
  • New England, at 9.3%, reflects consistent growth and aids United States cafes and bars market value, driven by its well-established cafe culture and diverse food and beverage offerings. 
  • The Mideast, Plains, and Great Lakes regions, with CAGRs of 8.6%, 8.0%, and 7.5%, respectively, experience slower growth due to market maturity, differing levels of urbanization, and economic conditions.
CAGR 2024-2032 - Market by Region
Southeast 9.9%
New England 9.3%
Mideast XX%
Plains XX%
Great Lakes XX%
Southwest 10.3%
Rocky Mountain 10.8%
Far West 11.6%

United States Cafes and Bars Market Growth is Driven by the Growing Popularity of Coffee Culture

  • Cafes are expected to lead the market by type with a CAGR of 11.0%, driven by the growing popularity of coffee culture, artisanal beverages, and cafes as social hubs. 
  • Bars follow with a CAGR of 10.6%, reflecting their enduring appeal as venues for socializing and entertainment, particularly in urban areas. 
  • Specialty Coffee Shops, with a CAGR of 9.6% fuel the United States cafes and bars demand, maintain steady growth due to the rising demand for high-quality, specialty coffee experiences. 
  • Pubs, growing at a CAGR of 9.0%, continue to attract a diverse clientele, offering a mix of traditional and contemporary social experiences.

One of the Prominent United States Cafes and Bars Market Trends is Growing Consumer Preference for Dining Out

  • Food and Beverages is projected to dominate the market by application with a CAGR of 11.0%, driven by the increasing consumer preference for dining out, trying new cuisines, and enjoying quality beverages. 
  • Entertainment follows with a CAGR of 10.6%, supported by the growing demand for social venues that offer live music, events, and unique experiences. 
  • Socializing, with a CAGR of 9.6%, remains a key application and boosts United States cafes and bars market opportunities, reflecting the importance of cafes, bars, and other venues as places to meet and connect. 
  • The 'Others' category, with a CAGR of 9.0%, includes additional applications contributing to overall market growth, though at a slower pace due to their more niche or emerging nature.

Key Questions Answered in This Report:

  • How has the United States cafes and bars market performed historically, and what are the growth expectations for the future?
  • What are the primary factors influencing demand and growth in the United States cafes and bars market?
  • What are the key segments within the United States cafes and bars market, and how are they expected to evolve over the forecast period?
  • What are the major challenges and opportunities facing stakeholders in the United States cafes and bars market?
  • Who are the key players in the United States cafes and bars market, and what strategies are they employing to maintain a competitive edge?
  • What are the regulatory and policy factors influencing the United States cafes and bars market globally or regionally?
  • How competitive is the United States cafes and bars market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?
  • What are the current trends shaping the United States cafes and bars market landscape, and how are they expected to evolve in the future?
  • How are technological advancements impacting the United States cafes and bars market, and what role do innovation and R&D play in driving growth?
  • What are the consumer preferences and buying behavior trends influencing the United States cafes and bars market?
  • How sustainable are current growth rates in the United States cafes and bars market, and what factors could potentially disrupt these trends?
  • What are the regional dynamics within the United States cafes and bars market, and how do they contribute to overall market growth?
  • What are the economic factors influencing the United States cafes and bars market, such as GDP growth, inflation rates, and currency fluctuations?
  • How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States cafes and bars market?
  • What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States cafes and bars market?
  • What are the regulatory and legal frameworks impacting the United States cafes and bars market globally or in key regions?
  • How are changing consumer lifestyles and preferences influencing product or service demand within the United States cafes and bars market?
  • What are the emerging market trends and niche opportunities within the United States cafes and bars market that stakeholders should be aware of?
  • How resilient is the United States cafes and bars market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
  • What are the potential barriers to market entry and growth for new players in the United States cafes and bars market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States cafes and bars market spanning from 2018 to 2032.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States cafes and bars industry.

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States cafes and bars market.

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States cafes and bars market landscape.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • Cafes
  • Bars
  • Specialty Coffee Shops
  • Pubs
Breakup by Application
  • Food and Beverages
  • Entertainment
  • Socializing
  • Others
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Starbucks Corporation
  • Dunkin' Brands Group, Inc.
  • Peet's Coffee & Tea, Inc.
  • The Coffee Bean & Tea Leaf
  • Bar Louie
  • Others

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+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124