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In-Depth Analysis of the Airport Quick Service Restaurant Market: Growth Opportunities, Key Trends, and Forecast 2025-2034
Airport Quick Service Restaurant Market
The airport quick service restaurant market is predicted to experience growth due to an expected rise in air passenger traffic. Essentially, air passenger traffic encompasses the number of people traveling by air across certain lengths of time such as a day, month, quarter, or a full year. Given that air travel is becoming more accessible due to the increase in airline routes, air passenger traffic has been seeing a corresponding increase. Quick service restaurants in airports have been tailored to meet the quick-paced needs of travelers, enabling them to get a meal or a snack without causing delay to their travels. These restaurants manage to handle the air traffic by offering efficient, varying, and convenient meal options for not just travelers, but airline crews and airport staff as well. For example, back in November 2023, Eurostat, the EU's statistical office based in Luxembourg, reported that there was a considerable surge in EU air travel activity in 2022. Apparently, passengers totaled 820 million, registering a remarkable growth of 119.3% as compared to the preceding year. Hence, this ever-increasing rise in air passenger traffic serves as a driver for the growth in the airport quick service restaurant market.
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What Is the projected market size and growth rate for the airport quick service restaurant market?
There has been a considerable growth in recent times in the airport quick service restaurant market, which is projected to increase from $175.55 billion in 2024 to $185.91 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.9%. The growth during the historic period is largely due to factors such as increased air travel, evolving consumer preferences, expansion and revamping of airports, focus on enhancing passenger experience, various partnerships and concessions, advancement in technology, and the shift towards digital ordering.
The size of the airport fast-food industry is set to witness considerable expansion in the upcoming years, reaching a value of $230.77 billion by 2029, with a compound annual growth rate (CAGR) of 5.6%. The forecasted surge can be directly linked to the integration of technology, increase in disposable income, emergence of health and sustainability trends, regulatory surroundings, saturation and competition within the market, and the effects of global events and tourism. Key predicted trends during this duration encompass the rise in health-focused menus, the popularity of local cuisines, initiatives towards sustainability, the emergence of digital brands and ghost kitchens, tailored customer experiences, inventive designs and technologies, cultural amalgamation, and resilience and adaptability.
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What new trends are reshaping the airport quick service restaurant market and its opportunities?
Prominent corporations in the airport quick service restaurant market are incorporating innovative technologies, such as airport-exclusive pickup-only models, to maintain their market edge. These pickup-only schemes involve dining outlets located within the airport that solely serve food and drinks for takeaway or pickup orders. For example, in September 2023, the US-based coffee outlet Starbucks Corporation, in collaboration with OTG, an American airport hospitality conglomerate, introduced its initial Starbucks Pickup model at George Bush Intercontinental Airport in Houston. These outlets are structured for rapid and convenient collection of orders placed via the Starbucks app, serving the needs of tech-savvy travelers. This model lets customers place and pay for their orders ahead of time through the app, track the order progress on a digital display on arrival, and collect their order once it is prepared.
What major market segments define the scope and growth of the airport quick service restaurant market?
The airport quick service restaurant market covered in this report is segmented -
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
Subsegments:
1) By Fast Foods And Meals: Burgers And Sandwiches, Pizza And Pasta, Asian Cuisine, Mexican And Tex-Mex, Salads And Bowls, Fried Foods (Chicken, Fries)
2) By Beverages: Coffee And Tea, Juices And Smoothies, Soft Drinks And Sodas, Energy Drinks, Alcoholic Beverages, Milkshakes And Other Specialty Drinks
3) By Bakery And Confectionery: Cakes And Pastries, Donuts And Muffins, Cookies And Biscuits, Bread And Rolls, Candy And Chocolates, Ice Cream And Frozen Desserts
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Which region dominates 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.
Which key market leaders are driving the airport quick service restaurant industry growth?
Major companies operating in the airport quick service restaurant market are 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
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What Is Covered In The Airport Quick Service Restaurant Global Market Report?
• Market Size Forecast: Examine the airport quick service restaurant market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the airport quick service restaurant market for a structured understanding.
• Key Players Overview: Analyze major players in the airport quick service restaurant market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the airport quick service restaurant market.
• Segment Contributions: Evaluate how different segments drive overall growth in the airport quick service restaurant market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the airport quick service restaurant market.
• Industry Challenges: Identify potential risks and obstacles affecting the airport quick service restaurant market.
• Competitive Landscape: Review strategic developments in the airport quick service restaurant market, including expansions, agreements, and new product launches.
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