India Coffee Shops and Cafes Market to 2021
- Submitted by: SophiaJones
- Views: 84
- Category: Other
- Date Submitted: 04/11/2016 02:29 AM
- Pages: 3
- Report this Essay
Market reports on India present the latest report on “India Coffee Shops and Cafes Market to 2021” http://www.marketreportsonindia.com/consumer-goods-market-research-reports-13646/india-coffee-shops-cafes-market-forecast-consumer-survey-opportunities.html This report provide India coffee shops / cafes market is highly fragmented, with Café Coffee Day, Costa and Starbucks being few of the leading chained coffee shops operating in the country.
11th April 2016, – Navi Mumbai, India: Market reports on India presents the latest report on “India Coffee Shops and Cafes Market to 2021”. This report help industry consultants, major players and new entrepreneurs align their market-centric strategies.
On account of surging income levels and changing eating and drinking habits of consumers, coffee shops / cafés market in India is anticipated to witness robust growth in the coming years. The country’s youth population is increasingly visiting coffee shops for socializing, thus creating growth opportunities for various brands operating in the country, both chained as well as independent coffee shops. Moreover, government projects such as developing smart cities, coupled with huge infrastructure projects such as construction of state and national highways, food parks and special economic zones are attracting leading global coffee chains to set up their outlets in the country.
“India Coffee Shops / Cafés Market Forecast, Consumer Survey and Opportunities, 2021”, market for Coffee Shops / Cafés in India is projected to grow at a CAGR of over 11% during 2016 - 2021. In addition to India urban centers like New Delhi, Mumbai, Bengaluru, Chennai, Hyderabad and Kolkata, entry of new chains into tier II and tier III cities is anticipated to emerge as a major factor driving growth in coffee shops / cafes market in the country over next five years. India coffee shops / cafes market is highly fragmented, with Café Coffee Day, Costa and Starbucks being few of the leading chained...
11th April 2016, – Navi Mumbai, India: Market reports on India presents the latest report on “India Coffee Shops and Cafes Market to 2021”. This report help industry consultants, major players and new entrepreneurs align their market-centric strategies.
On account of surging income levels and changing eating and drinking habits of consumers, coffee shops / cafés market in India is anticipated to witness robust growth in the coming years. The country’s youth population is increasingly visiting coffee shops for socializing, thus creating growth opportunities for various brands operating in the country, both chained as well as independent coffee shops. Moreover, government projects such as developing smart cities, coupled with huge infrastructure projects such as construction of state and national highways, food parks and special economic zones are attracting leading global coffee chains to set up their outlets in the country.
“India Coffee Shops / Cafés Market Forecast, Consumer Survey and Opportunities, 2021”, market for Coffee Shops / Cafés in India is projected to grow at a CAGR of over 11% during 2016 - 2021. In addition to India urban centers like New Delhi, Mumbai, Bengaluru, Chennai, Hyderabad and Kolkata, entry of new chains into tier II and tier III cities is anticipated to emerge as a major factor driving growth in coffee shops / cafes market in the country over next five years. India coffee shops / cafes market is highly fragmented, with Café Coffee Day, Costa and Starbucks being few of the leading chained...