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Abhishek Kurapati
Hey I am on Medialย โขย 1y
What are your toughts on this? Lets discuss. Coffee's getting really popular, and Zerodha founders Nikhil Kamath and Nithin Kamath are getting more into it. They own a bit of Third Wave Coffee and just bought a big chunk of Subko Coffee. If we look at the market size India cafe and bars as $17.45 billion as of 2024 and will grow up to $26.17 billion by 2029 Looking at the consumer trend Indian people are spending more on Luxury lifestyle, there was 13% in Discretionary spends and it grown up to 29% as of 2023. Because of Luxury lifestyle people want to spend more on better experiences, The Major coffee consumers are Genz and Mellinials. Other coffee shops are also doing big things. Barista, Starbucks, Abcoffee and so on.
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