Product Code: GVR-4-68040-463-4
Cafe Market Growth & Trends:
The global cafe market size is estimated to reach USD 430.02 billion in 2030 and is anticipated to expand at a CAGR of 5.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The aggressive expansion of both local and international cafe chains is a significant driver in the cafe market. Major brands such as Starbucks, Costa Coffee, Dunkin', and Tim Hortons continue to open new outlets across urban and suburban areas, especially in emerging markets. Moreover, there has been a surge in cafe openings as companies seek to capture the rapidly growing middle-class and urban populations in countries like China, India, and Indonesia.
Franchising is also playing a crucial role in the global expansion of cafe chains. Franchises allow brands to scale quickly and efficiently by leveraging local expertise while maintaining global consistency. In recent years, many cafe chains have adopted a franchising model to penetrate new markets with lower capital expenditure. Moreover, cafes are no longer just about coffee. To stay competitive and cater to evolving consumer tastes, many cafes have diversified their offerings to include a broader range of food and beverages. The addition of fresh sandwiches, pastries, salads, breakfast items, and plant-based food products has expanded the consumer base and increased average spending per visit. Innovative beverages like flavored lattes, frappes, cold brews, and nitro coffee have become a staple at many cafes, drawing in younger consumers who crave novelty and personalization.
The rise of online food delivery services has had a profound impact on the cafe market, particularly after the COVID-19 pandemic. Platforms like Uber Eats, DoorDash, and Grubhub have made it easier for consumers to order cafe products from the comfort of their homes. Many cafes have partnered with these platforms, increasing their reach and generating new revenue streams from customers who may not have visited their physical locations. Ghost kitchens, or virtual kitchens, have also emerged as a new trend within the cafe market. These are kitchens that operate solely for online orders and do not have a physical storefront. This model has become popular among cafe chains looking to expand into new locations without the overhead costs associated with traditional brick-and-mortar stores. Starbucks, for example, has launched several ghost kitchens in collaboration with online delivery platforms to cater to the rising demand for delivery services.
Furthermore, as competition in the cafe market intensifies, brands are focusing on building long-term customer relationships through loyalty programs and personalized marketing. Loyalty programs, often integrated into mobile apps, offer customers incentives such as discounts, free products, and exclusive promotions in exchange for repeat business. These programs not only boost customer retention but also provide valuable data on consumer preferences, enabling cafes to tailor their offerings accordingly.
Cafe Market Report Highlights:
- Based on region, Asia Pacific is expected to grow with a CAGR of 6.0% over the forecast period from 2024 to 2030. Factors such as offering affordable, tech-driven coffee experiences combined with increasing disposable incomes and a growing preference for Western cafe culture, contribute to Asia Pacific's rapid growth in the global cafe market.
- Based on type, other cafes such as bakeries and patisseries are expected to grow with a CAGR of 6.2% from 2024 to 2030. The global demand for healthier and artisanal baked products is contributing to the growth of cafes that offer a combination of bakery items and coffee.
- Based on category, QSR is estimated to grow with a CAGR of 5.5% over the forecast period from 2024 to 2030. QSRs benefit from economies of scale, enabling them to offer competitive pricing and launch frequent promotional campaigns contributing to their rapid growth.
- Based on distribution channel, online delivery is expected to grow with a CAGR of 6.2% over the forecast period from 2024 to 2030. Factors such as convenience, time-saving, discounts, and others result in increasing adoption of online delivery services thus driving the market growth.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Type Snapshot
- 2.3. Category Snapshot
- 2.4. Distribution Channel Snapshot
- 2.5. Competitive Landscape Snapshot
Chapter 3. Cafe Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Profit Margin Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Market Opportunities
- 3.4.4. Market Challenges
- 3.5. Business Environment Analysis - Porter's Five Forces Analysis
- 3.6. Market Entry Strategies
Chapter 4. Cafe Market: Type Estimates & Trend Analysis
- 4.1. Cafe Market, by Type: Key Takeaways
- 4.2. Type Movement Analysis & Market Share, 2023 & 2030
- 4.3. Franchise
- 4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.4. Local Coffee Shops
- 4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.5. Others
- 4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 5. Cafe Market: Category Estimates & Trend Analysis
- 5.1. Cafe Market, by Category: Key Takeaways
- 5.2. Category Movement Analysis & Market Share, 2023 & 2030
- 5.3. QSR
- 5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.4. Kiosk
- 5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Cafe Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Cafe Market, by Distribution Channel: Key Takeaways
- 6.2. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
- 6.3. Dine-in
- 6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4. Takeaways & Drive-through
- 6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.5. Online Delivery
- 6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. Cafe Market: Regional Estimates & Trend Analysis
- 7.1. Cafe Market: Regional Outlook
- 7.2. Regional Movement Analysis & Market Share, 2023 & 2030
- 7.3. North America
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. U.S.
- 7.3.2.1. Key country dynamics
- 7.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.3. Canada
- 7.3.3.1. Key country dynamics
- 7.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.4. Mexico
- 7.3.4.1. Key country dynamics
- 7.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4. Europe
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.2. UK
- 7.4.2.1. Key country dynamics
- 7.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.3. Germany
- 7.4.3.1. Key country dynamics
- 7.4.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.4. France
- 7.4.4.1. Key country dynamics
- 7.4.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.5. Italy
- 7.4.5.1. Key country dynamics
- 7.4.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.6. Spain
- 7.4.6.1. Key country dynamics
- 7.4.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5. Asia Pacific
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.2. China
- 7.5.2.1. Key country dynamics
- 7.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.3. Japan
- 7.5.3.1. Key country dynamics
- 7.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.4. India
- 7.5.4.1. Key country dynamics
- 7.5.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.5. Australia & New Zealand
- 7.5.5.1. Key country dynamics
- 7.5.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.6. South Korea
- 7.5.6.1. Key country dynamics
- 7.5.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.6. Central & South America
- 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.6.2. Brazil
- 7.6.2.1. Key country dynamics
- 7.6.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.7. Middle East & Africa
- 7.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.7.2. South Africa
- 7.7.2.1. Key country dynamics
- 7.7.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. Competitive Analysis
- 8.1. Recent Developments & Impact Analysis, by Key Market Participants
- 8.2. Company Categorization
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Product Benchmarking
- 8.6. Company Market Share Analysis, 2023 (%)
- 8.7. Company Heat Map Analysis
- 8.8. Strategy Mapping
- 8.9. Company Profiles
- 8.9.1. Starbucks Coffee Company
- 8.9.1.1. Company Overview
- 8.9.1.2. Financial Performance
- 8.9.1.3. Product Portfolios
- 8.9.1.4. Strategic Initiatives
- 8.9.2. Tim Hortons
- 8.9.2.1. Company Overview
- 8.9.2.2. Financial Performance
- 8.9.2.3. Product Portfolios
- 8.9.2.4. Strategic Initiatives
- 8.9.3. Dunkin'
- 8.9.3.1. Company Overview
- 8.9.3.2. Financial Performance
- 8.9.3.3. Product Portfolios
- 8.9.3.4. Strategic Initiatives
- 8.9.4. Costa Coffee
- 8.9.4.1. Company Overview
- 8.9.4.2. Financial Performance
- 8.9.4.3. Product Portfolios
- 8.9.4.4. Strategic Initiatives
- 8.9.5. McCafe
- 8.9.5.1. Company Overview
- 8.9.5.2. Financial Performance
- 8.9.5.3. Product Portfolios
- 8.9.5.4. Strategic Initiatives
- 8.9.6. Biggby Coffee
- 8.9.6.1. Company Overview
- 8.9.6.2. Financial Performance
- 8.9.6.3. Product Portfolios
- 8.9.6.4. Strategic Initiatives
- 8.9.7. The Human Bean
- 8.9.7.1. Company Overview
- 8.9.7.2. Financial Performance
- 8.9.7.3. Product Portfolios
- 8.9.7.4. Strategic Initiatives
- 8.9.8. Cafe Barbera
- 8.9.8.1. Company Overview
- 8.9.8.2. Financial Performance
- 8.9.8.3. Product Portfolios
- 8.9.8.4. Strategic Initiatives
- 8.9.9. Cafe2U
- 8.9.9.1. Company Overview
- 8.9.9.2. Financial Performance
- 8.9.9.3. Product Portfolios
- 8.9.9.4. Strategic Initiatives
- 8.9.10. Gloria Jean's Coffee
- 8.9.10.1. Company Overview
- 8.9.10.2. Financial Performance
- 8.9.10.3. Product Portfolios
- 8.9.10.4. Strategic Initiatives