Global Airport Quick-Service Restaurants (Qsr) Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Fast Foods and Meals, Beverages, and Bakery & Confectionery.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn504453990 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Airport Quick-Service Restaurants (Qsr) Market (USD Million), 2020 - 2030

In the year 2023, the Global Airport Quick-Service Restaurants (Qsr) Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%.

The surge in air passenger traffic, coupled with rising prices for in-flight catering, has spurred a notable increase in demand for a novel concept known as "bring your own food" (BYOF), particularly among economy class passengers. This trend is reshaping the airport dining landscape, with an anticipated boost in the growth of quick-service restaurants within airport premises during the forecast period. The BYOF concept offers travelers greater flexibility and cost-effectiveness, aligning with evolving consumer preferences and budget-conscious travel choices.

Shifts in consumer consumption patterns and substantial investments in airport infrastructure worldwide are poised to create new opportunities for concessionaires in the airport dining sector. The construction of new terminals and airports in various countries reflects a proactive response to accommodate the escalating demands of the growing passenger traffic. This expansion presents a fertile ground for airport dining establishments to enhance their offerings and cater to diverse traveler preferences and dietary requirements.

Despite the promising growth prospects, the airport quick-service restaurants market faces challenges that may hinder its trajectory during the forecast period. Stringent regulations imposed by airport authorities, logistical hurdles, and limitations in restaurant menus pose significant obstacles to market growth. Compliance with airport regulations, ensuring seamless logistics for food delivery, and diversifying menu options to meet the varying tastes of travelers remain critical considerations for quick-service restaurant operators in airport environments.

While the demand for BYOF concept and investments in airport infrastructure offer promising opportunities for airport quick-service restaurants, overcoming regulatory constraints and logistical challenges will be imperative for sustained growth in the market. Adapting to evolving consumer preferences and enhancing operational efficiency will enable quick-service restaurants to thrive amidst the dynamic landscape of airport dining.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Region
  4. Global Airport Quick-Service Restaurants (Qsr) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Air Passenger Traffic
        2. Cost-Effectiveness and Flexibility
        3. Infrastructure Development
        4. Changing Consumer Preferences
      2. Restraints
        1. Stringent Regulatory Compliance
        2. Logistical Challenges
        3. Menu Limitations
        4. Intense Competition
      3. Opportunities
        1. Diversification of Menu Offerings
        2. Technology Integration
        3. Collaborations and Partnerships
        4. Expansion into Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Airport Quick-Service Restaurants (Qsr) Market, By Type, 2022 - 2032 (USD Million)
      1. Fast Foods and Meals
      2. Beverages
      3. Bakery & Confectionery
    2. Global Airport Quick-Service Restaurants (Qsr) Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Subway
      2. Burger King
      3. McDonald's Corp
      4. Yum! Brands Inc.
      5. Starbucks Corporation
      6. Domino's Pizza Inc.
      7. Dunkin Brands Group Inc.
  7. Analyst Views
  8. Future Outlook of the Market

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