Concession Catering Market Present Scenario, Business Strategies and Industry Overview 2020 to 2023

Global Concession Catering Market Research Report 2020: is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This market study provides comprehensive data which enhances the understanding, scope and application of this report.

Global concession catering market is projected to display a modest growth represented by a CAGR of 5% during 2018 - 2023.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Concession Catering Market: Autogrill, Elior Group (Areas), SSP, The Grove, Inc. and Concessions International, LLC and others.

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Industry News:
Italy's Autogrill expects to take EUR190M sales hit by March-end from coronavirus
Italian travel caterer Autogrill SpA on April 9 flagged an estimated negative impact of EUR190 million on its revenue as of March 29 due to the coronavirus crisis.
The company also said it is not able to provide a reliable forecast for fiscal 2020 due to uncertainty regarding the ongoing spread of the pandemic.
By the first week of March, Autogrill said it incurred an estimated negative impact on revenue of about EUR25 million to EUR30 million, while the last week of the month saw sales falling between 80% and 90%.

Concession Catering Market Insights:

Over the recent years, global concession catering market has been witnessing growth, on account of several driving factors including growing transport networks across the globe, budding medical tourism industry as well as rising trend of leisure travel amongst the consumers. Furthermore, as the global economy continues on its path to slow yet steady recovery, it is anticipated that the expenditure on travel for business and leisure will increase, driving up the revenue of food and beverage concessionaires at tourism locations. Besides, growing focus of concession caterers on providing healthy fast food and refreshing atmosphere is also expected to boost up sales in this market. In this research report, the market is segmented on the basis of segment. By Segment, the segment of airport concession catering is predicted to hold its dominant position in the market. Amongst the regions, Europe accounts for the largest regional share in the global concession catering market in 2018. However, Asia Pacific is predicted to advance at the highest rate. Presence of vast consumer base, particularly in emerging nations such as China and India, in addition to growing per capita disposable is likely to drive the regional market.

Scope of the Report

Global Concession Catering Market (Actual Period: 2013-2017, Forecast Period: 2018-2023)
Concession Catering Market - Size, Growth, Forecast
Analysis By Segment - Airport, Motorway and Railway
Market Share Analysis

Regional Markets - North America, Europe, Asia-Pacific, Rest of the World (Actual Period: 2013-2017, Forecast Period: 2018-2023)
Concession Catering Market - Size, Growth, Forecast
Analysis By Segment - Airport, Motorway and Railway
Market Share Analysis

Country Analysis - U.S., Canada, Germany, France, Italy, Spain, China, India (Actual Period: 2013-2017, Forecast Period: 2018-2023)
Concession Catering Market - Size, Growth, Forecast
Analysis By Segment - Airport, Motorway and Railway

Other Report Highlights
Market Dynamics - Drivers and Restraints
Market Trends
Company Share Analysis
SWOT Analysis
Porter Five Force Analysis
Policy and Regulatory Landscape

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What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Concession Catering Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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