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Follow on Google News | New research on the European Airport Catering Market by Apex InsightApex Insight research explores trends in and prospects for a sector which is performing strongly in most countries.
By: Apex Insight However, airports represent a demanding environment in which to operate with challenges including security and space restrictions, the need to run dispersed international operations on a 24/7 basis, significant daily and seasonal variations in customer volumes and time-pressured customers. The challenge for catering operators is to deliver ongoing improvements in performance so that they can earn returns in excess of what they need to pay to their two strategic suppliers: the owners of their high-footfall sites and high-performing brands. This study by Apex Insight (http://www.apex- Key market trends discussed in the report include the demand from passengers for healthier food, the growth of low-cost airlines – which has led to fewer passengers receiving a free in-flight meal, increasing commercialisation of airports with airport operators looking to earn more money from sources such as catering and retail, the increasing importance of strongly-branded catering offers capable of driving higher sales and the impact of airport changes such as enhanced security operations and on-line check-in on the time available for passengers to eat. The Apex Insight report concludes that the market is now well over €2bn in size, having grown rapidly in recent years. It has been driven by both increases in the number of passengers using European airports, which bounced back strongly since the post-credit crunch dip in 2009 and spend per passenger trends. The largest markets are in northern Europe with the UK and, relative to population, the Nordic countries being particularly prominent. The market is supplied by a combination of specialist concessioners with portfolios of in-house and licensed brands, branded food service groups and other catering providers. The main concession operators are SSP, Autogrill and Elior. While many leading foodservice brands, such as Burger King, Starbucks Pizza Hut and Quick, license their brands to the concession operators, others, such as McDonalds, Subway, JD Wetherspoon and Pret a Manger generally operate outlets directly rather than via concessions groups. Apex Insight’s forecasts are for the market to continue to grow in the next five years, encouraged by strengthening European economic performance, growing numbers of passengers, and continued innovation and quality improvements on the part of operators leading to increased spend per passenger. Fastest growth is forecast in Eastern Europe, as those markets catch up, and slowest in Southern Europe, where economic conditions remain more challenging – although holiday travellers from Northern Europe provide an element of protection. Further information on the report: “European Airport Catering: Market Insight Report 2014”, is available from http://www.apex- About Apex Insight Apex Insight is an independent provider of research, analysis and consulting services covering transport, logistics and other markets in the UK and Europe. In addition to Airport Catering it has recently researched and published market reports covering sectors including Express Parcels, Consumer & Small Business (C2C) Parcels, e-Fulfilment and Contract Catering. Companies mentioned in the report Areas Autogrill BAA Caffe Nero Compass Delaware North Elior Heathrow Airport Limited HMSHost J D Wetherspoon Pret a Manger SSP TRG Concessions World Duty Free End
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