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Airport Quick Service Restaurant Market Size Projected To Reach $230.77 Billion By 2034 With A Cagr Of 5.6%
The Airport Quick Service Restaurant 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].What Is the Projected Growth of the Airport Quick Service Restaurant Market?
In recent times, there has been a significant growth in the market size of quick service restaurants in airports. It is projected to increase from $175.55 billion in 2024 to reach $185.91 billion in 2025, registering a compound annual growth rate (CAGR) of 5.9%. The historic growth has been propelled by factors such as increased air travel, shifting consumer tastes, airport expansion and modernization projects, emphasis on passenger experiences, collaborations and concessions, as well as advancements in technology and digital ordering systems.
Growth is anticipated in the quick service restaurant market at the airport, with estimates predicting its value will rise to $230.77 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.6%. Factors contributing to the growth within this period include technological infusion, increasing disposable income, emphasis on healthy living and sustainability, regulations, competition and market saturation, as well as worldwide events and tours. Key behaviors expected within this period are health-focused menus, localized food, eco-friendly initiatives, ghost kitchens and virtual brands, personalized user experiences, innovative design and tech features, integration of different cultures, plus resilience and adaptability.
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What Are the Different Airport Quick Service Restaurant Market Segments?
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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What Are the Primary Drivers Shaping the Airport Quick Service Restaurant Market?
The airport fast food restaurant market is anticipated to expand due to projected rises in air passenger traffic. The term "air passenger traffic" refers to the number of individuals flying within a set timeframe, often quantified daily, monthly, quarterly, or yearly. There is a surge in air passenger traffic owing to the enhanced accessibility of air travel, which is being driven by the increase in airline routes. These fast-food outlets aim to offer service to consumers swiftly, enabling passengers to grab a bite without causing any interruption to their itinerary. By offering handy, efficient, and extensive meal options, they meet the needs of travelers, flight crews, and airport staff. For example, Eurostat, a statistical office based in Luxembourg for the European Union (EU), noted in November 2023 that there was a remarkable upswing in air travel in the EU in 2022, with the passenger count reaching 820 million. This was a significant rise of 119.3% from the previous year. Consequently, the rise in air passenger traffic is fuelling the expansion of the airport fast food restaurant market.
Which Companies Are Leading in the Airport Quick Service Restaurant Market?
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
What Are the Major Trends Shaping the Airport Quick Service Restaurant Market?
In an effort to gain a competitive advantage in the airport quick service restaurant market, major corporations are employing innovative technology including airport-based pickup-only concepts. This refers to a food service facility situated within an airport terminal that caters exclusively for takeout or pickup requests. For example, the Starbucks Corporation, a coffee restaurant based in the U.S., collaborated with OTG, an American airport hospitality group, to open their first Starbucks Pickup concept at George Bush Intercontinental Airport, Houston, in September 2023. These locations are designed for prompt and easy collection of orders made via the Starbucks app, accommodating the needs of tech-savvy travelers. The system allows users to place and pay for orders in advance through the app, check the status of their order on a digital screen upon arrival, and collect their orders once they are prepared.
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What Are the Top Revenue-Generating Geographies in 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Airport Quick Service Restaurant Market?
2. What is the CAGR expected in the Airport Quick Service Restaurant Market?
3. What Are the Key Innovations Transforming the Airport Quick Service Restaurant Industry?
4. Which Region Is Leading the Airport Quick Service Restaurant Market?
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