Improved economic conditions and lower inflation will ease the pressure on foodservice profit margins in the upcoming period, whilst elevating consumers’ purchasing power. Cafés/bars face much higher growth potential as a result.
Despite high levels of fragmentation in cafés/bars, a growing trend towards consolidation is likely to emerge in the years ahead, notably in smoothie bars where chains such as Guapa are expected to further develop. Within specialist coffee and tea shops, both Starbucks and IzyCoffee are set to keep gaining share thanks to outlet expansion and digitalisation.
The growing relevance of coffee culture and speciality coffees is likely to bear positive results for specialist coffee and tea shops over the forecast period. Indeed, as pressure on purchasing power wanes, consumers are likely to become more willing to trade up to higher quality coffees.
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Understand the latest market trends and future growth opportunities for the Cafés/Bars industry in Belgium 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 Belgium, 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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