Press release
Global Concession F&B Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
Concession F&B
How Big Is the Concession F&B Market Size Expected to Be by 2034?
The Concession F&B Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Concession F&B Market Size Expected to Be by 2034?
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What Are the Emerging Segments Within the Concession F&B Market?
The concession f&b market covered in this report is segmented -
1) By Type: Food, Beverage
2) By Cuisine: American, European, Asian, African, Latin America
3) By Application: Airports, Motorways, Railways, City Sites And Leisure, Sports Arenas, Retail Outlets
Subsegments:
1) By Food: Snacks, Fast Food, Confectionery, Frozen Foods, Meal Kits
2) By Beverage: Soft Drinks, Alcoholic Beverages, Coffee And Tea, Bottled Water, Energy Drinks
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What Long-Term Drivers Are Shaping Concession F&B Market Trends?
The projected growth of the concession Food & Beverage (F&B) market is likely to be driven by the expansion of the leisure and tourist sectors. These sectors consist of establishments and services designed to satisfy the requirements and preferences of recreational travelers and tourists. The role of concession F&B in these sectors is crucial, offering food and drink services at a variety of locations and venues to attract and engage travellers and tourists, thereby improving their overall experience. For example, as stated by the World Travel & Tourism Council (WTTC), a UK-based travel organization in May 2023, the travel and tourism industry accounted for 7.6% of the worldwide GDP in 2022, a rise of 22% compared to 2021. As a result, the growing significance of the leisure and tourism sectors is set to shape the future trend of the concession F&B market.
Who Are the Top Competitors in Key Concession F&B Market Segments?
Major companies operating in the concession f&b market include 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, Arla Foods, China Mengniu Dairy Company, Keurig Dr Pepper, ConAgra Brands, The Hershey Co, Paradies Lagardère, Elior Group, Autogrill, Lagardère Travel Retail Group, Delaware North Companies Inc., SSP Group plc, HMSHost, Emirates Leisure Retail, OTG Management LLC, DreamFolks Services Limited, Creative Food Group LLC, Plaza Premium Group, Areas Worldwide, MarketPlace Development.
What Concession F&B Market Trends Are Gaining Traction Across Different Segments?
The trend of ground-breaking technologies is becoming increasingly prevalent in the concession Food and Beverage (F&B) industry. Numerous main players in this sector strategically develop new technological advancements to retain their market positions. Aramark, a food company from the United States, exemplifies this trend by launching its AI Self-Checkout and digital age verification features at sports venue concessions in October 2022. These tech solutions will be incorporated into the new Drink Mkt at Capital One Arena and the Drink Mkt and Walk Thru Bru outlets at the Canadian Tire Centre. Moreover, fans at the AT&T Center, with a valid government-issued identification, can order drinks from automatic bars employing facial recognition technology.
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Which Regions Are Becoming Hubs for Concession F&B Market Innovation?
Asia-Pacific was the largest region in the concession F&B market in 2024. The regions covered in the concession F&B market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Concession F&B Market?
2. What is the CAGR expected in the Concession F&B Market?
3. What Are the Key Innovations Transforming the Concession F&B Industry?
4. Which Region Is Leading the Concession F&B Market?
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