Airport Quick Service Restaurant Market Size, By Cuisine Type (Fast Food Chains, Beverages, Bakery & Confectionery, International Cuisine), By Franchise Type (Branded Chains, Local Brands), Forecast 2023 - 2032

Airport Quick Service Restaurant Market Size, By Cuisine Type (Fast Food Chains, Beverages, Bakery & Confectionery, International Cuisine), By Franchise Type (Branded Chains, Local Brands), Forecast 2023 - 2032

Airport Quick Service Restaurant Market size is projected to expand at over 3% CAGR from 2023-2032, driven by concerted efforts to enhance the overall passenger experience. Airports globally are recognizing the importance of quick service restaurants (QSRs) in providing travelers with convenient, diverse, and high-quality dining options. There have been rising investments in well-known QSR brands for optimizing service efficiency and creating inviting dining environments.

Furthermore, the ongoing introduction of online pre-ordering and delivery services is allowing time-pressed travelers to efficiently access a variety of QSRs to cater to the growing demand of modern travelers for quick and hassle-free services, accelerating the industry expansion. For instance, in March 2023, Uber Eats and Tampa International Airport partnered to provide customers and employees with the option to preorder and skip queues at more than 20 airport concession sites.

The airport quick service restaurant industry is segmented into cuisine type, franchise type, and region.

Based on cuisine type, the market share from the beverages segment is estimated to record notable growth through 2032. The discernible shift in consumer preferences towards healthier and diverse beverage options is spurring the expansion of QSR offerings at airports to include specialty drinks, smoothies, and innovative non-alcoholic beverages. The strong demands of health-conscious travelers is leading to the higher emphasis on wellness and unique flavor profiles. Additionally, the growing capitalization by airports on the introduction of distinctive and refreshing beverage choices will propel the segment growth.

In terms of franchise type, the airport quick service restaurant market from the local brands segment is anticipated to account for substantial growth between 2023 and 2032. QSRs are placing a premium on local tastes to provide a diverse and culturally authentic menu resonating with the specific palates of the target audience. The dire need to adhere to travelers looking for authentic and regional culinary experiences will also drive the demand for franchises of local QSR brands.

Asia Pacific airport quick service restaurant industry is poised to exhibit robust growth through 2032 owing to the surge in air travel and increased passenger traffic at airports due to economic development, urbanization, and an expanding middle class. Furthermore, governments across APAC are investing in extensive airport infrastructure development, leading to new terminals and expanded capacities, further creating opportunities for a diverse range of QSR outlets. To cite an instance, in August 2023, McDonald's India opened the country's first Airport Drive-Thru restaurant at Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA).