Growth of cafés/bars is expected to be moderate over the forecast period, therefore it is likely that the category will reach pre-pandemic levels in 2025, both in value and in transactions. This is due the gradual recover in the categories that had not yet managed to recover at the end of the review period but which will do so gradually, given the full removal of COVID-19 restrictions and the resumption of pre-pandemic lifestyles.
The opening of outlets in cafés/bars was limited at the end of the review period, as most brands concentrated their efforts on recovering the flow of consumers and transactions to the stores that had to be shuttered during the pandemic or which were only allowed to operate on a limited capacity. Even chained players in this category were cautious when opening stores, and in some specific cases also closed some outlets after evaluating the profitability of each store.
One variable that could drive bars/pubs is the significant dynamism in craft beer, as many new brands have been appearing. While not all last the course, they are generating interest and curiosity among consumers to try and consume this new type of beer, which, unlike in many other countries, Peru is still at an incipient stage of development.
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Understand the latest market trends and future growth opportunities for the Cafés/Bars industry in Peru 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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