Report

Global Airport Quick-service Restaurants (QSR) Market Size study, by type (Fast Foods and Meals, Beverages, and Bakery and Confectionery) and Regional Forecasts 2021-2027

  • Publish Date: Mar,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Airport Quick-service Restaurants (QSR) Market to reach xxx billion by 2027.Global Airport Quick-service Restaurants (QSR) Market is valued approximately xxx billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2021-2027. Along with the change in preferences of consumer in food habits, major population prefer fast food sometimes due to lack of time and management. Fast food demand is increasing on airports for the reasons like many flights don't offer on board food and the food served during the flight is expensive which serves as a driving factor for Airport Quick-service Restaurants Market. Increase in aircraft passengers and more infrastructural development in the airport serves as another driver for the market. About 30% of children to more than 50% in college students use fast food daily. According to IATA, US$1.2-1.5 trillion is expected to be spent on global airport infrastructure development up to 2030. However, airport authorities' strict rules, logistical issues, and limitations in menu impedes the growth of the market over the forecast period of 2021-2027. Also, increasing investment in Airport Quick-Service Restaurants is likely to increase the market growth during the forecast period.

The regional analysis of global Airport Quick-service Restaurants (QSR) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the significant region across the world in terms of market share owing to the increase in consumption of fast-foods and ready-to-eat foods by the consumers. Whereas, Asia-Pacific is also anticipated to exhibit highest CAGR over the forecast period 2021-2027. Factors such as rapid growth in passenger traffic is creating a pressure on governments and airport operators to invest in modernization and upgrade of existing airports, along with the construction of new airports which would create lucrative growth prospects for the Airport Quick-service Restaurants (QSR) Market across Asia-Pacific region.

Major market player included in this report are:
Subway
Burger King
McDonald's Corp
KFC
Starbucks Corporation
Wendy's
Taco Bell
Dunkin' Donuts
Jumbo King
Pizza Hut.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Fast Foods and Meals
Beverages
Bakery and Confectionery
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Airport Quick-service Restaurants (QSR) Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors