DUBLIN, February 11, 2016 /PRNewswire/
Research and Markets (http://www.researchandmarkets.com/research/tst6sj/india_coffee) has announced the addition of the "India Coffee Shops/Cafs Market Forecast, Consumer Survey and Opportunities, 2021" report to their offering.
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Market for Coffee Shops/Cafs in India is projected to grow at a CAGR of over 11% during 2016 - 2021In 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.
On account of surging income levels and changing eating and drinking habits of consumers, coffee shops/cafs 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.
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