Authored By: Sarah
04 Dec 2024

Latest News- Cafe Market in Australia: Beverages is expected to lead the Product segment during 2024-2028

The Cafe Market in Australia is being driven by Increasing number of cafes

The Cafe Market in Australia is expected to grow at a CAGR of 3.6% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 357.5 million. In Australia, there has been a notable increase in the prevalence of cafes catering to customers with gluten-intolerances, particularly those with celiac disease. This trend is driven by heightened awareness of this autoimmune condition, which impedes the small intestine's ability to process gluten found in wheat, barley, and rye. Coeliac Australia, a leading organization, is advocating for the inclusion of gluten-free options in cafes. Gluten-free diets are essential for individuals diagnosed with celiac disease and non-celiac gluten sensitivity, ensuring they can absorb essential nutrients from their food. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on Product (Beverages, Food) Service (Dine-in, Takeaway) Geography (APAC). 

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

  • Increasing number of cafes
  • Growing innovations and customization of food menus
  • Shifting trend toward eating outside

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Key Features in Cafe Market in Australia Research Report

  • Comprehensive Market Analysis
  • In-Depth Competitive Landscape
  • Future Market Trends
  • Detailed Market Segmentation.
  • Expert Analysis, and more...

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

In Australia's thriving cafe market, specialty coffee takes center stage with premium, artisanal roasts offered at local cafes and new-gen establishments. Mobile ordering and contactless payments cater to health-conscious consumers, while home brewing and ready-to-drink (RTD) coffee options expand accessibility. Urbanization and population growth fuel demand for quick food options, with cafe-bakery hybrids, dine-in sales, and co-working spaces attracting business meetings and remote workers. Tech-enabled ordering, delivery platforms, and luxury coffee experiences add to the market's experiential consumption, making coffee an agricultural commodity in high demand.

Market Research Overview

The Australian cafe sector, specifically specializing in specialty, premium, and artisanal coffee, is a significant contributor to the hospitality industry within the broader context of the global hotels, resorts, and cruise lines market. This market encompasses businesses operating in casinos and gaming, hotels, resorts and cruise lines, leisure facilities, and restaurants. The sector's growth is driven by the expanding travel and tourism industry, with increasing numbers of domestic and international tourists. Mobile ordering and contactless payment systems, health and wellness trends, and the popularity of ready-to-drink (RTD) coffee further fuel market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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