Varied tastes and preferences for different types of premium beverages have led to the emergence of premium bars and pubs. The growth in infrastructure like new airports and expressways in developing countries encourage the restaurant and hotel chains to establish rooftop bars and pubs. The threat from the rising popularity of home-cooked food and takeaway services will be a major challenge for the pubs, bars, and nightclubs market during the forecast period. Food items found in bars and pubs contain large amounts of carbohydrates, added sugar, salt, unhealthy fats, and artificial food additivities. Therefore, such foods are perceived to be unhealthy by some consumers. This, in turn, increases the risk of various lifestyle-borne diseases. Home-cooked meals are more economical and nutritional compared to dining out/takeaway foods. Home-cooked food also has more nutritional value, as fresh, perishable, hygienic, and uncontaminated ingredients are used. Home-cooked food is likely to impede the market's growth, as consumers are increasingly becoming more health-conscious. To learn about additional key drivers, trends, and challenges available with Technavio. The pubs, bars and nightclubs market report is segmented by Product (beverages and foods) and Geography ( Europe, APAC, North America, MEA, and South America). The pubs, bars, and nightclubs market share growth by the beverages segment will be significant during the forecast period. The increasing demand for alcoholic beverages such as tequila, whiskey, and cognac, coupled with stiff government regulations related to distribution and import, are major factors influencing the segment growth. The increase in the demand for craft beer, premium alcoholic drinks, and imported brands is expected to drive the global pubs, bars, and nightclubs market. To gain access to more vendor profiles with their key offerings available with Technavio, Click Here View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report. Leading companies, competitive strategies, consumer engagement scopeĪccor S.A., Attaboy, Chyau Fwu Wines and Spirits Pte Ltd, Floreria Atlantico, J D Wetherspoon plc, Kings Head Pub, Maybourne Hotel Group., Mitchells and Butlers plc, The Atlas, and The Clumsies Spa Market by Type and Geography - Forecast and Analysis 2021-2025: The spa market has the potential to grow by USD 22.08 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 6.15%. To get extensive research insights: Download FREE sample reportĮurope, APAC, North America, MEA, and South America To get extensive research insights: Download FREE sample report Gym and Health Clubs Market by Service and Geography - Forecast and Analysis 2021-2025: The gym and health clubs market has the potential to grow by USD 101.18 billion during 2021-2025, and the market's growth momentum will decelerate at a CAGR of 15.39%. Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
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