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Learn moreApr 2018
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Panaderías remained by far the most common format in cafés/bars in 2017, thanks largely to their convenient locations. These outlets offer bakery fast food while also serving as a retail store and café.
Bars/pubs rarely serve only drinks, generally offering a food menu to attract a wider consumer base. Food also allows visitors to stay for longer and thus spend more money.
Venezuelans like to drink coffee while sitting, talking, reading a newspaper or simply enjoying some quiet time, but not while walking or driving. Local consumers perceive specialist coffee shops as modern cafés where it is possible to enjoy a pleasant break.
Independent operators continued to dominate cafés/bars in 2017, largely thanks to the local preference for panaderías, which Venezuelans visit not only for breakfast but also for just a coffee, snack or even a complete meal at lunchtime. However, growth is being hampered by the hostile economic climate and severe difficulties in obtaining many ingredients.
Coffee remained the drink of choice when socialising in Venezuela in 2017. It is usually consumed in the morning to start the day and then again after lunch or during the afternoon.
Potential threats to forecast period growth are related to further import restrictions as companies face severe difficulties and much higher costs obtaining attractive ingredients. In 2017, operators had to focus on adapting their menus to the ingredients available.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Cafés/Bars industry in Venezuela 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 Venezuela, our research will save you time and money while empowering you to make informed, profitable decisions.
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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.