Press release
Airport Quick Service Restaurant Market Set to Rise to $185.91 Billion in 2025, Propelled by Air Travel Surge and Changing Consumer Preferences
Airport Quick Service Restaurant Market
Projected Market Size and Growth Rate for Global Airport Quick Service Restaurant Market:
• The airport quick service restaurant market has grown strongly in recent years. It will grow from $175.55 billion in 2024 to $185.91 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%.
• The growth in the historic period can be attributed to rising air travel, changing consumer preferences, airport expansion and renovation, focus on passenger experience, partnerships and concessions, technology, and digital ordering.
• The airport quick service restaurant market size is expected to see continued strong growth, reaching $230.77 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%.
• The growth in the forecast period can be attributed to technology integration, rising disposable income, sustainability and health trends, regulatory environment, competition and market saturation, and global events and tourism.
What Is Driving The Growth In The Airport Quick Service Restaurant Market?
The increase in air passenger traffic is a key factor driving growth in the airport quick-service restaurant market. A rise in the volume of passengers traveling by air due to increasing accessibility of air travel and expanding airline routes are major contributors. Quick service restaurants at airports are designed to serve customers rapidly, conveniently meet the food needs of travelers, airline crews, and airport staff. A significant surge in EU air travel in 2022, reaching 820 million passengers, is a testament to this, marking a substantial increase of 119.3% compared to the previous year.
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Who Are the Key Players Driving Airport Quick Service Restaurant Market Growth?
• Starbucks Corporation
• McDonald's Corporation
• Subway IP LLC
• Lagardère Travel Retail
• Yum! Brands Inc.
• Chick Fil A Inc.
• Panda Restaurant Group Inc.
• Autogrill SpA
• SSP Group plc
• Baskin-Robbins
• Wendys
• Taco Bell IP Holder LLC
• Burger King Company LLC
• DUNKIN BRANDS
• Costa Limited
• HMSHost International BV
• Haldiram's India Pvt Ltd.
• Jubilant FoodWorks Ltd.
• Devyani International Limited
• OTG Management
• Café Coffee Day
• Cakes & Bakes
• Wow! Momo Foods Private Limited
• Casual Food GmbH
What Are The Key Trends In The Airport Quick Service Restaurant Market?
• Health-conscious menus
• Localized cuisine
• Sustainability initiatives
• Virtual brands and ghost kitchens
• Personalized experiences
• Innovative design and technology
• Cultural integration
• Resilience and adaptability
What Are The Segments Of The Global Airport Quick Service Restaurant Market?
1) By Type: Fast Foods And Meals, Beverages, Bakery And Confectionery
2) By Franchise Type: Branded Chains, Local Brands
3) By Restaurant: Standalone Outlet, Kiosks, Food Courts
4) By Application: Domestic Airports, International Airports
Which Region Leads The Airport Quick Service Restaurant Market?
North America was the largest region in the airport quick service restaurant market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport quick service restaurant market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Airport Quick Service Restaurant Global Market Report?
- Market Size Analysis: Analyze the Airport Quick Service Restaurant market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Airport Quick Service Restaurant 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 Airport Quick Service Restaurant Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Airport Quick Service Restaurant Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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