Specialist coffee and tea shops are beginning to offer new options, both to consume on site and also to take away. In particular, a growing number of food options are being offered in order to strengthen dinner and lunch sales.
One of the categories within cafés/bars that was most negatively impacted by the COVID-19 pandemic was bars/pubs. These outlets only generally see on-premises consumption, with little scope for home delivery sales, relying heavily on the social aspect of gathering with friends and family to enjoy a drink.
Some local authorities recognised the impact of the pandemic on cafés/bars and these typically small outlets difficulty in maintaining social distancing in 2020. Many local authorities thus permitted cafés/bars to use external public spaces, such as pavements outside the outlet and in some cases even streets, setting up tables outside in order to increase their capacity.
Specialist coffee and tea shops are increasingly seeking to be seen as something more than just places to enjoy hot drinks. These outlets will thus continue to expand their offer of products across different categories, with a particular focus on food, as they seek to boost sales.
Chained bars/pubs have a great possibility of expansion in comparison to independent players. Chains are expected to focus expansion on smaller cities in the interior of the country, an area in which their development is currently lower due to the lower concentration of people in these areas.
Although cafés/bars saw a reduction in the number of outlets as a result of the pandemic, this was mainly due to closures of independent outlets, with chained outlet volume continuing to expand. Growth in the forecast period will also be more positive for chains because those wishing to invest in cafés/bars increasingly prefer to do so by investing in successful franchises with a proven business model.
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Understand the latest market trends and future growth opportunities for the Cafés/Bars industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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 Definitions
This report originates from Passport, our Cafés/Bars research and analysis database.
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