Market Size of Airport Quick Service Restaurants Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 486.54 Billion |
| Market Size (2029) | USD 582.06 Billion |
| CAGR (2024 - 2029) | 3.65 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Airport Quick Service Restaurants Market Analysis
The Airport Quick Service Restaurants Market size is estimated at USD 486.54 billion in 2024, and is expected to reach USD 582.06 billion by 2029, growing at a CAGR of 3.65% during the forecast period (2024-2029).
The increasing growth in terms of air passenger traffic and the increasing prices for in-flight catering have led to a significant rise in the demand for a new concept of bringing your own food (BYOF), particularly for passengers flying economy class. Moreover, the demand for the BYOF concept is anticipated to drive the growth of quick-service restaurants in the airport during the forecast period.
Moreover, changes in consumer consumption patterns and the increasing investments in airport infrastructure for the construction of new terminals and new airports in various countries around the world to cater to the needs of growing passenger traffic are anticipated to generate new opportunities for the concessionaire in the coming years.
On the other hand, stringent regulations of airport authorities, problems in logistics, and limitations in the menus of the restaurants are expected to hamper the growth of the airport quick-service restaurants market during the forecast period.
