Description
Concession catering agreements are the one that normally include a service description or specific service levels which describe the catering offering and set quality levels . Concession caterers need to attract clients from among the masses of travellers and visitors moving through airports , railway stations and roadside stops on highways . Also , concession caterers make wide use of brands to attract clients and their top line is directly affected by traffic flows .
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The concession catering market is usually linked to the travel industry ( exposure to airports , motorways and railways ) and , as a result , is more cyclical . Also , the market has gradually become more competitive in recent years as the key players diversify from historical strongholds , with a focus on airports segment . The concession catering business can be in-house or can be outsourced to a specialist catering firm . The three main segments of the market includes airport , motorways and railways .
The global concession catering market is likely to grow steadily in the coming years driven by declining oil prices , rising global GDP , increasing travel demand , improving air passenger and flight trends , rising middle class population and declining food prices . Key trends of the market includes positive macroeconomic world outlook , growth strongly driven by airport segment , expected consolidation of key players and culinary and technological innovations .
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However , growth of the market can be hindered by several factors including exposure to unforeseen events , frequently changing consumer taste and preference , exposure to currency fluctuations , economic backdrop in Europe and raw material price fluctuations .
The report “ Global Concession Catering Market : Industry Analysis & Outlook ( 2016-2020 )” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook . The report discusses the major growth drivers and challenges of the market , covering the North America and Europe regions along with the global market . The report profiles the key players of the market including Autogrill , SSP Group and Elior .
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Some points from TOC :
1 . Introduction 1.1 Market Overview www . orbisresearch . com ; + 1 ( 214 ) 884-6817 ; + 9120-64101019