Concession F&B Market Report: Trends, Forecast and Competitive Analysis to 2030

Concession F&B Trends and Forecast

The future of the global concession F&B market looks promising with opportunities in the airport, motorway, railway, and city site & leisure markets. The global concession F&B market is expected to reach an estimated $35.9 billion by 2030 with a CAGR of 5.0% from 2024 to 2030. The major drivers for this market are growth of the tourism and leisure sectors, integration of entertainment and dining experiences, as well as, growing demand for processed food products.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Concession F&B by Segment

The study includes a forecast for the global concession F&B by type, application, and region.

Concession F&B Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Food
• Beverage

Concession F&B Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Airports
• Motorways
• Railways
• City Sites & Leisure

Concession F&B Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Concession F&B Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies concession F&B companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the concession F&B companies profiled in this report include-

• SSP Group
• Autogrill
• HMSHost
• Delaware North
• SSP America
• OTG Management
• Lagardere Travel Retail
• Paradies Lagardere
• Emirates Leisure Retail
• SSP Nordics

Concession F&B Market Insights

Lucintel forecasts that food segment is expected to witness higher growth over the forecast period due to growing frequency of dietary constraints and preferences amongst customers constitutes.

Within this market, airport will remain the largest segment.

North America is expected to witness the highest growth over the forecast period because of the famous tourist and vacation destination the location attracts huge number of national and foreign visitors who want food and beverage services.

Features of the Global Concession F&B Market

Market Size Estimates: Concession F&B market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Concession F&B market size by type, application, and region in terms of value ($B).

Regional Analysis: Concession F&B market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the concession F&B market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the concession F&B market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the market size for concession F&B market?

Answer: The global concession F&B market is expected to reach an estimated $35.9 billion by 2030.

Q2. What is the growth forecast for concession F&B market?

Answer: The global concession F&B market is expected to grow with a CAGR of 5.0% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the concession F&B market?

Answer: The major drivers for this market are growth of the tourism and leisure sectors, integration of entertainment and dining experiences, as well as, growing demand for processed food products.

Q4. What are the major segments for concession F&B market?

Answer: The future of the global concession F&B market looks promising with opportunities in the airport, motorway, railway, and city site & leisure markets.

Q5. Who are the key concession F&B market companies?

Answer: Some of the key concession F&B companies are as follows:

• SSP Group
• Autogrill
• HMSHost
• Delaware North
• SSP America
• OTG Management
• Lagardere Travel Retail
• Paradies Lagardere
• Emirates Leisure Retail
• SSP Nordics

Q6. Which concession F&B market segment will be the largest in future?

Answer: Lucintel forecasts that food segment is expected to witness higher growth over the forecast period due to growing frequency of dietary constraints and preferences amongst customers constitutes.

Q7. In concession F&B market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness the highest growth over the forecast period because of the famous tourist and vacation destination the location attracts huge number of national and foreign visitors who want food and beverage services.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the concession F&B market by type (food and beverage), application (airports, motorways, railways, and city sites & leisure), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?