Press release
Concession F&B Market: Exploring Growth Potential, Key Drivers, and Trends for 2024-2029
Concession F&B Market Size
What Is The Projected Market Size Of The Global Concession F&B Market And Its Growth Rate?
The concession F&B market has shown strong growth recently and is predicted to continue in this trajectory.
• The market is set to grow from $31.55 billion in 2024 to $33.26 billion in 2025, resulting in a compound annual growth rate (CAGR) of 5.4%.
• This historic period growth is linked to consumer demand for convenience, growth in the entertainment and leisure industries, and development in event and venue infrastructure.
• The concession F&B market is projected to grow further to $40.6 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%.
• Growth in the forecast period can be attributed to factors such as the integration of entertainment and dining and the expansion to non-traditional venues.
What Is Driving The Growth In The Concession F&B Market?
The growth of the concession F&B market is expected to be driven by the rise of the leisure and tourist industries. These industries consist of businesses and services catering to leisure travelers and tourists. Concession F&B services play a vital role in these industries, enhancing visitors' satisfaction and overall enjoyment. According to the World Travel & Tourism Council (WTTC), the travel and tourism sector contributed 7.6% to the global GDP in 2022, an increase of 22% from 2021. This rise of the leisure and tourist industries will continue to drive the future concession F&B market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12373&type=smp
Who Are The Key Players Driving Concession F&B Market Growth?
The concession F&B market sees significant contributions from major companies such as:
• Nestlé S.A.
• PepsiCo
• Mars
• The Coca-Cola Company
• Olam International
• Mondelez International Inc
• Smithfield Foods/WH Group
• Kraft Heinz Company
• General Mills
• Royal FrieslandCampina
What Are The Key Trends In The Concession F&B Market?
Key trends for this period include:
• Hybrid dining experiences
• Contactless transactions
• Virtual menu offerings
• Gourmet and premium selections
• Cultural and global fusion foods
What Are The Segments Of The Global Concession F&B Market?
The concession F&B market is segmented by:
1) Type: Food, Beverage
2) Cuisine: American, European, Asian, African, Latin America
3) Application: Airports, Motorways, Railways, City Sites And Leisure, Sports Arenas, Retail Outlets
Which Region Leads The Concession F&B Market?
Asia-Pacific was the largest region in the concession F&B market in 2024. The regions covered in the concession F&B market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/concession-f-and-b-global-market-report
What Is Covered In The Concession F&B Market Global Market Report?
- Market Size Analysis: Analyze the Concession F&B Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Concession F&B Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Concession F&B Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Concession F&B Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=12373&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Concession F&B Market: Exploring Growth Potential, Key Drivers, and Trends for 2024-2029 here
News-ID: 3833739 • Views: …
More Releases from The Business Research Company
Handguns Market Overview, Emerging Developments, and Key Player Analysis
An Overview of the Expanding Handguns Market
The global handguns market is set to experience significant growth in the coming years, driven by innovations and increasing demand across various user groups. This report offers insights into the market size, key drivers, prominent players, emerging trends, and segmentation, providing a comprehensive understanding of the industry's current landscape and future prospects.
Download a free sample of the handguns market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=25341&type=smp
Projected Growth and Market Size…
Leading Companies Fueling Growth and Innovation in the Ground Handling Systems M …
The ground handling systems market is on track for notable expansion as the aviation sector increasingly embraces advanced technologies and sustainability initiatives. This growth reflects broader trends in airport infrastructure development, cargo logistics, and digital innovation, which are reshaping how ground operations are managed globally. Let's explore the market's growth expectations, leading players, emerging trends, and detailed segmentation.
Projected Market Growth and Size of the Ground Handling Systems Market
The ground…
Future Prospects: Key Trends Shaping the GEO Satellite Market Until 2030
The global GEO satellite market is positioned for meaningful growth over the coming years, driven by advancements in technology and increasing demand across various sectors. Understanding the market's size, key players, technological trends, and segmentation provides valuable insight into the evolving landscape and future opportunities of this industry.
Projected Market Growth and Size of the GEO Satellite Market by 2030
The GEO satellite market is anticipated to experience steady expansion, reaching…
Emerging Sub-Segments Transforming the Flying Taxis Market Landscape
The concept of flying taxis has moved from science fiction toward becoming a practical mode of transportation. With rapid technological advancements and increasing investments, this market is positioned for impressive growth as it aims to redefine urban mobility and reduce ground traffic congestion. Below is an overview of the flying taxis market, its growth drivers, key players, and emerging trends shaping the future of urban air travel.
Anticipated Growth of the…
More Releases for F&B
Emerging Trends to Reshape the Concession F&B Market: Innovative Technological A …
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Concession F&B Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the concession food and beverage market has seen robust growth. From $31.55 billion in 2024, it is projected to expand to $33.26 billion in 2025, marking a compound annual growth rate (CAGR)…
Bespoke Furniture- A Perfect Solution For F&B Businesses
SK Design is a global leader in designing, manufacturing and installing bespoke furniture for F&B businesses. They take full responsibility for designing, manufacturing and installing bespoke furniture for F&B and are not constrained by standard sizes so that the company can fit clients' specific needs perfectly
SK Design introduces Bespoke furniture to meet the client's standards and requirements. SK Design designs every single piece of furniture by themselves to ensure that…
Incite Foodtech Expands Into India's F&B Scene
Kuala Lumpur, 18 March 2022 - Today, Incite Foodtech Sdn Bhd, a Malaysia-based food-tech venture, announced the signing of a master licencing deal with Village Food Courts Pvt Ltd of India, a Village Groupe venture, marking the company's first foray into the large Asian market.
Incite Foodtech creates and acquires QSF (quick-serving-food) brands that satisfy customer needs and palettes by leveraging on big data. Union Artisan Coffee, one of the fastest-growing…
Global F&B Sterilizing Agent Market Growth 2019-2024
LP INFORMATION offers a latest published report on F&B Sterilizing Agent Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the F&B Sterilizing Agent market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019.…
Global Analysis on F&B Packaging Market by 2021
Food and beverages packaging provides protection, tampering resistance and special physical, chemical, or biological needs for the food and beverages. Further Food packaging aids food nutrition, rapid and reliable distribution of food among the value chain and reduces post-harvest losses.
The different types of packaging materials use in the food and beverages industries are rigid plastic packaging, flexible plastic packaging, paperboard packaging, leather packaging, wood packaging, earthenware packaging, vegetable fibers…
Hilton Pattaya Kicks Off F&B Masters 2016
Hilton Pattaya led by Mr. Rudolf Troestler, General Manager (front row; 5th from left), Hotel Executive Chef, Matthew Allen Dowdell (front row; 6th from left) together with our talented team members are ready to kick off the 3rd year of ‘F&B Masters 2016’ at the hotel this month.
F&B Masters is designed to discover the champions of food and beverage within Hilton Worldwide hotels throughout South East Asia & India. The…
