Concession Catering Market Scope
Concession catering includes large music and sporting events. And wherever there are a large number of people gathered for a common purpose, there is a good chance that they will require some food. Because it may not be possible to cater to everyone's dietary needs, caterers at these events stick to popular foods. Concession catering typically caters to specific requests such as seasonal, yet large public events involving a large number of people. This type of catering service is commonly regarded as a challenge by caterers because it is a special request or is not normally carried out. As a result, careful planning on the right menu that must satisfy everyone is frequently practiced. For some, this includes hamburgers, cheese fries, ice cream, hot dogs, and other items.
|Unit||Value (USD Million)|
|Key Companies Profiled||Williamsburg Concession and Catering (United States), SSP Group plc (United Kingdom), Randy Peters Catering (United States), Spectrum Concessions. (United states), Compass Group (United Kingdom), Sodexo (France), Aramark Services (United States), Elior Group (France), Steak-Out Franchising, Inc. (United States) and British Event Catering Services (United Kingdom)|
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Concession Catering market throughout the predicted period.
Williamsburg Concession and Catering (United States), SSP Group plc (United Kingdom), Randy Peters Catering (United States), Spectrum Concessions. (United states), Compass Group (United Kingdom), Sodexo (France), Aramark Services (United States), Elior Group (France), Steak-Out Franchising, Inc. (United States) and British Event Catering Services (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Sweet Hospitality Group (United States) and JW's Catering & Concessions (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Concession Catering market by Type (Pizza (pepperoni or cheese), Hot Dogs, Nachos, Soft Pretzels, Soft Drinks, Sports Drinks, Bottled Water and Adult Beverages), by Application (Sporting Events, Seasonal Competitions and Live Concerts) and Region with country level break-up.
On the basis of geography, the market of Concession Catering has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2021.
Market Leaders and their expansionary development strategiesOn 21 January 2021, SSP Group, a leading operator of food and beverage outlets in travel locations worldwide, has announced its intention to acquire the Station Food GmbH travel catering business from DB Station&Service AG, a subsidiary of Germany’s national railway company Deutsche Bahn AG (DB). Under the deal, SSP will take over full operations of Station Food.
- Technological Advancements In Delivering Concessions Catering Services
- Surging Demand For Concessions Catering Services Market During Special Events And Occasions In Developing Countries
- Food Safety Concerns Involved With Consumption Of Catering Food
- Strict Government Regulations Regarding Catering Services
- The Problem Associated With Allergies, & Food Safety May Pose A Challenge
- Challenges In Designing Of Correctional Facility Food Structure
Key Target AudienceConcession Catering Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. What are the key segments playing vital role in Concession Catering Market?
The Concession Catering study can be customized to meet your requirements. The market size breakdown by type [Pizza (pepperoni or cheese), Hot Dogs, Nachos, Soft Pretzels, Soft Drinks, Sports Drinks, Bottled Water and Adult Beverages], by end use application [Sporting Events, Seasonal Competitions and Live Concerts].
2. How big is the Concession Catering Market?
The Concession Catering Market is gaining popularity and expected to see strong valuation by 2027.
3. What are the key driving factors for the growth of the Concession Catering Market?
- Aggregate Spending On Events And Other Occasions Among Consumers
- Growing Leisure Industry At City Sites And Holiday Travel Among Consumers