The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreApr 2019
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Cafés/bars is likely to see the wider adoption of innovative payment technologies over the forecast period. These technologies have become more relevant as Canadians increasingly demand a faster and more convenient purchasing experience.
Limited-service restaurants and convenience stores are posing a challenge to cafés/bars by increasingly offering coffee drinks and fresh bakery products. Consequently, operators of cafés/bars are offering new experiences and expanding their menus to include new drinks and new food offerings to attract customers.
There are definite opportunities for premiumisation within cafés/bars, as many Canadian consumers seek multi-sensory experiences and are willing to pay more for higher-quality food and drinks. Specialist coffee and tea shops, in particular, have been adopting different brewing methods and putting more emphasis on the quality, variety and atmosphere.
Starbucks strongly led cafés/bars in Canada in 2018, and continues to strengthen its value share by expanding its footprint across the country. Even though cafés/bars is mature and competitive, Starbucks Canada still managed to grow steadily in recent years.
Limited-service restaurants in Canada have been successfully boosting sales through promoting on-the-go coffee and snacks, posing a mounting challenge to many operators of cafés/bars. McDonald’s is expanding its McCafé chained stores and opening up new street-front locations to compete directly with specialist coffee and tea shops.
The growth in bars/pubs has been subdued – impacted by a couple of social trends that negatively impacted sales. Bars and pubs are no longer the top places for people to socialise.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Cafés/Bars industry in Canada with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Cafés/Bars industry in Canada, our research will save you time and money while empowering you to make informed, profitable decisions.
The Cafés/Bars in Canada market research report includes:
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Why buy this report?
This industry report originates from Passport, our Consumer Foodservice market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.