Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company In response to fluctuating tariffs and geopolitical trade developments, the Concession F&B Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
The market size of the concession food and beverage sector has been consistently increasing in the past years. The market, which was valued at $31.55 billion in 2024, is projected to rise to $32.99 billion in 2025, recording a compound annual growth rate (CAGR) of 4.6%.
The Concession F&B Global Market is anticipated to achieve a market size of $40.32 billion by the end of 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.1%.
Download the Free Sample Now:The key drivers in the concession f&b market are:
• Integration of entertainment and dining
• Expansion to non-traditional venues
• Focus on inclusive options, sustainability and eco-friendly initiatives
• Increased personalization and customization in food options.
The concession f&bmarket covered in this report is segmented –
1) By Type: Food, Beverage
2) By Cuisine: American, European, Asian, African, Latin America
3) By Application: Airports, Motorways, Railways, City Sites And Leisure, Sports Arenas, Retail Outlets
The key trends in the concession f&b market are:
• The integration of entertainment and dining is one of the rising trends.
• Expansion to non-traditional venues is being increasingly adopted in the market.
• There is an emerging trend towards inclusive options, sustainability, and eco-friendly initiatives.
• Personalization, customization, and the introduction of hybrid dining experiences are greatly shaping the future of the market.
Major players in the concession f&b market are:
• Nestlé S.A.
• PepsiCo
• Mars
• The Coca-Cola Company
• Olam International
• Mondelez International Inc
• Smithfield Foods/WH Group
• Kraft Heinz Company
• General Mills
• Royal FrieslandCampina
• Arla Foods
• China Mengniu Dairy Company
• Keurig Dr Pepper
• ConAgra Brands
• The Hershey Co
• Paradies Lagardère
• Elior Group
• Autogrill
• Lagardère Travel Retail Group
• Delaware North Companies Inc.
• SSP Group plc
• HMSHost
• Emirates Leisure Retail
• OTG Management LLC
• DreamFolks Services Limited
• Creative Food Group LLC
• Plaza Premium Group
• Areas Worldwide
• MarketPlace Development
Asia-Pacific was the largest region in the concession F&B market in 2024