The global demand for Concession Catering Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
A concession refers to the rights or an agreement to sell products or services in exchange for a capital commitment at a particular location for a pre-decided time frame. Concession catering includes seasonal competitions, public events, sporting events, and more.
The growth of the worldwide network, tourism industry, and leisure travel are key growth factors for the concession catering market. Bolstering middle-class populations across the globe along with decimating food costs are expected to make significant contributions to the concession catering market, thereby cutting down the growth rate of this market. The market earnings in the future are predicted to be lucratively influenced owing to the high focus of participants of this market on offering healthy & nutritious fast food and providing a healthy atmosphere to the customers. On the other hand, the ongoing COVID-19 pandemic has incurred disruption in buyer behavior and a halt on public or private events due to travel restrictions, social distancing, and home quarantines. However, favorable macroeconomic overview globally, exponential growth in the airport sector, and technological innovations expedite the expansion of the concession catering industry in the future.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of concession catering.
The entire concession catering market has been sub-categorized into type and applications. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- City Sites and Leisure
This section covers regional segmentation which accentuates on current and future demand for concession catering market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Concession Catering Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the concession catering market include Autogrill, Concessions International, Elior Group, The Grove, SP. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.